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Photoresist Material Market Share Driven by Positive Photoresist and Expanding Use in Semiconductors & ICs | Valuates Reports
Photoresist Material MarketA photoresist is a light-sensitive material used in several processes, such as photolithography and photoengraving, to form a patterned coating on a surface. Photoresists are essentially hydrocarbon polymers composed of a novol-ack resin, a photoactive compound and an organic solvent.
The global Photoresist Material market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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The Photoresist Material market is advancing steadily as semiconductor manufacturing and display technologies continue to scale in complexity and precision. Photoresists-light-sensitive materials essential in the photolithography process-enable accurate patterning of micro- and nanoscale features on substrates. This growing reliance on advanced lithography in chip production and display fabrication is directly contributing to market size expansion and driving market trends in high-resolution processing and material innovation.
By type, positive photoresist holds the largest market share due to its superior resolution and widespread adoption in leading-edge semiconductor manufacturing. Positive resists become soluble when exposed to light, enabling highly defined, intricate circuit patterns-critical for advanced logic, memory, and microprocessor chips. Negative photoresist, while representing a smaller segment, remains essential in specific applications such as MEMS, packaging, and printed circuit boards where higher film thickness and mechanical strength are required.
In terms of application, the semiconductors & ICs segment dominates the market share, fueled by increasing global demand for high-performance chips used in computing, telecommunications, automotive, and industrial electronics. Photoresist materials are integral in fabricating features at the sub-10nm level, supporting the advancement of FinFET, EUV lithography, and 3D chip architectures. LCDs represent a notable segment, where photoresists are used in the fabrication of thin-film transistors and color filters, especially in smartphones, TVs, and monitors. Printed circuit boards also contribute significantly, as they rely on photoresist for precise etching and interconnect definition. The "Others" category includes emerging applications such as photonics and biomedical devices.
Looking forward, the market forecast indicates continued growth supported by the proliferation of advanced node technologies, rapid innovation in display manufacturing, and the scaling of high-density electronics. The Photoresist Material market is strategically positioned for long-term expansion, with positive photoresist playing a central role in enabling the next generation of semiconductor and display technologies.
Segment by Type
• Positive Photoresist
• Negative Photoresist
Segment by Application
• Semiconductors & ICS
• LCDs
• Printed Circuit Boards
• Others
By Company
DowDuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck, JSR, LG Chem, Shin-Etsu Chemical, Sumitomo, Chimei, Daxin, Everlight Chemical, Dongjin Semichem, Asahi Kasei, Eternal Materials, Hitachi Chemical, Chang Chun, POLYCHEM
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