Photoresist Chemicals Market Research Report, Size, Industry Forecast Analysis | Valuates Reports

Photoresist Chemicals Market Size

The global Photoresist Chemicals revenue was US$ 3447 million in 2022 and is forecast to a readjusted size of US$ 4740.1 million by 2029 with a CAGR of 4.6% during the forecast period (2023-2029).

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A photoresist is a light-sensitive material used in several processes, such as photolithography and photoengraving, to form a patterned coating on a surface. This process is crucial in the electronic industry.

In India, the Photoresist Chemicals revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

Global Photoresist Chemicals key players include Tokyo Ohka Kogyo, Eternal Materials, Shin-Etsu Chemical, JSR Corporation, DowDuPont, etc. Global top five manufacturers hold a share over 40%.

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China is the largest market, with a share over 45%, followed by North America and Japan, both have a share about 20 percent.

In terms of product, Negative Photoresist is the largest segment, with a share over 60%. And in terms of application, the largest application is Printed Circuit Boards, followed by LCDs.

This report focuses on global and India Photoresist Chemicals market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Photoresist Chemicals will continue to grow rapidly in the future.

Global Photoresist Chemicals Scope and Market Size

Photoresist Chemicals market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Photoresist Chemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Photoresist Chemicals market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Positive Photoresist
• Negative Photoresist

By Application
• Semiconductors & ICS
• LCDs
• Printed Circuit Boards

Key Companies
DuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck Group, JSR Corporation, LG Chem, Shin-Etsu Chemical, Sumitomo, Chimei, Daxin, Everlight Chemical, Dongjin Semichem, Asahi Kasei, Eternal Materials, Hitachi Chemical, Chang Chun Group

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This release was published on openPR.