Press release
Top Market Shifts Transforming the Photoresist & Photoresist Ancillaries Market Landscape: Key Insights
Photoresist & Photoresist Ancillaries Market
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What Is the Expected CAGR for the Photoresist & Photoresist Ancillaries Market Through 2025?_x000D_
The market size for photoresist and photoresist ancillaries has witnessed significant expansion in the recent past. It's projected to surge from $4.08 billion in 2024 to $4.35 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. The historical growth spur can be linked to factors such as development in semiconductor manufacturing and lithography, the rise in the electronics and microelectronics sectors, enhancements in photolithography technology, the advent of high-resolution display systems, and the widespread production of printed circuit boards._x000D_
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What's the Projected Size of the Global Photoresist & Photoresist Ancillaries Market by 2029?_x000D_
It is anticipated that the market for photoresist & photoresist ancillaries will experience significant growth in the coming years, expanding to $5.88 billion in 2029 with a 7.8% compound annual growth rate (CAGR). Factors contributing to this growth during the projected period include increased utilization of extreme ultraviolet (euv) lithography, expansion in flexible electronics and oled displays, the rise in usage of sustainable and eco-friendly resists, heightened photomask production, and advancements in quantum computing research and development. Trends to watch for during this period include enhanced resolution and multi-layering of photoresists, progression in double patterning and directed self-assembly, the application of euv resist and mask materials, growth in bio-based and biodegradable photoresists, resist used for pioneering packaging technologies, and adherence to regulations in semiconductor materials._x000D_
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Top Growth Drivers in the Photoresist & Photoresist Ancillaries Industry: What's Accelerating the Market?_x000D_
The expanding semiconductor industry is set to fuel the rise of the photoresist and photoresist ancillaries market in the near future. Semiconductors, also referred to as integrated circuits (ICs) or microchips, are made from pure substances like silicon and germanium and compounds such as gallium arsenide. These semiconductors are essential for all types of electronic gear, enabling innovations in fields like communications, computers, healthcare, defense systems, transportation, clean energy, amongst others. Photoresists are utilized in the creation of printed circuit boards (PCBs) and integrated chips, serving to pinpoint the circuit components within the chip or PCB. The Semiconductor Industry Association (SIA), a US trade association, reported in February 2022 that the sales of semiconductors reached $574.1 billion in 2022, marking a 3.3% rise from $555.9 billion in 2021. Consequently, the upward trajectory of the semiconductor industry stimulates the expansion of the photoresist and photoresist ancillaries market._x000D_
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What Trends Will Shape the Photoresist & Photoresist Ancillaries Market Through 2029 and Beyond?_x000D_
Leading businesses in the photoresist and photoresist ancillaries market are developing innovative resins like CYCLOTENE to offer dependable solutions to their clients. CYCLOTENE is an advanced electronic resin series adopted for photo- Imageable dielectrics in thin film microelectronics applications. For example, DuPont de Nemours, Inc., an American chemical corporation, introduced CYCLOTENE in December 2022. CYCLOTENE finds its application in semiconductor packaging for high-performance uses such as 5G and artificial intelligence (AI). It provides excellent performance and heat stability, which allows for high-density interconnects and fine-pitch circuitry._x000D_
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What Are the Main Segments in the Photoresist & Photoresist Ancillaries Market?_x000D_
The photoresist & photoresist ancillaries market covered in this report is segmented -_x000D_
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1) By Type: ArF Immersion, KrF, ArF Dry, g- and i-line_x000D_
2) By Ancillaries Type: Anti-Reflective Coatings, Remover, Developer, Other Ancillaries Types_x000D_
3) By Application: Semiconductors And ICS, LCDs, Printed Circuit Boards, Other Applications_x000D_
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Subsegments:_x000D_
1) By ArF Immersion: Chemically Amplified ArF Photoresists, Non-Chemically Amplified ArF Photoresists_x000D_
2) By KrF: Chemically Amplified KrF Photoresists, Non-Chemically Amplified KrF Photoresists_x000D_
3) By ArF Dry: Chemically Amplified ArF Dry Photoresists, Non-Chemically Amplified ArF Dry Photoresists_x000D_
4) By g- and i-line: g-line Photoresists, i-line Photoresists, Negative Photoresists For g- and i-line_x000D_
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Which Top Companies are Driving Growth in the Photoresist & Photoresist Ancillaries Market?_x000D_
Major companies operating in the photoresist & photoresist ancillaries market include Tokyo Ohka Kogyo Co. Ltd., JSR Corporation, DuPont de Nemours Inc., Shin-Etsu Chemical Co. Ltd., Sumitomo Chemical America Inc., FUJIFILM Hunt Chemicals U.S.A. Inc., Merck KGaA, Allresist GmbH, Micro Resist Technology GmbH, Avantor Performance Materials Inc., KemLab Inc., DJ MicroLaminates, LG Chem Ltd., The Dow Chemical Company, AZ Electronic Materials, Sumika Electronic Materials Inc., Brewer Science Inc., Chemtronics, Dynaloy LLC, EMD Performance Materials, Entegris Inc., KMG Chemicals Inc., Photronics Inc., E. I. du Pont de Nemours and Company_x000D_
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Which Regions Will Dominate the Photoresist & Photoresist Ancillaries Market Through 2029?_x000D_
Asia-Pacific was the largest region in the photoresist and photoresist ancillaries market in 2024. North America was the second-largest region in the photoresist and photoresist ancillaries market share during the forecast period. The regions covered in the photoresist & photoresist ancillaries market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
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