North America photoresist and photoresist ancillaries market to earn substantial revenue over 2017-2024

North American photoresist and photoresist ancillaries market size, worth more than USD 350 million in 2016, will experience a surge over the next few years subject to the consistent growth of the electronics sector and the significantly high demand for antireflective coatings.

The growing demand for electronic devices embedded with semiconductors will impel Photoresist and Photoresist Ancillaries Market expansion. A photoresist is used in processes such as photo engraving, to form coatings that are vital in the electronics and telecommunication sector.

Request for sample of this report@
www.gminsights.com/request-sample/detail/1581

Global semiconductors industry was valued at more than USD 300 billion in 2016. The growth of the semiconductor and integrated circuit market is a major driver propelling photoresist & photoresist ancillaries industry size, which was worth USD 3.5 billion back in the year 2016, and is anticipated to grow at a rate of 6.5% over 2017-2024.

Subject to the fact that photoresists are used for high density wiring and packaging configurations to manufacture multi-layered semiconductors, that are embedded in consumer electronic goods such as smartphones, music players, tablets, laptops, household appliances, servers, and phones, photoresist and photoresist ancillaries market from electronics applications will witness a noticeable surge.

Global photoresist & photoresist ancillaries industry is quite consolidated, with the top four firms holding more than 75% of the overall share. Major companies have been striving to expend their business through strategies such as increased production capacity, alliances, and increased R&D investments. For instance, the Tokyo Ohka Kogyo Company expanded their production facility in Japan. JSR Corp. entered into a strategic alliance with PERI Corporation to expand their business in South Korea.

Browse Source Report@
https://www.gminsights.com/industry-analysis/photoresist-and-photoresist-ancillaries-market

Key companies in global photoresist and photoresist ancillaries market include FUJIFILM Electronic Materials Co., JSR Corporation, AZ Electronic Materials SA, Shin-Etsu Chemical Co., DuPont, Avantor Performance Materials Inc., LG Chem Ltd., The Dow Chemical Company, Tokyo Ohka Kogyo Co., Ltd., and Sumitomo Chemical Co., Ltd.

Photoresists and photoresist ancillaries find applications in printed circuit boards, semiconductors and integrated circuits, microelectromechanical systems, sensors, and nanoelectromechanical systems.

Photoresist & photoresist ancillaries industry from semiconductors and integrated circuits is expected to grow at a remarkable rate over 2017-2024, subject to the high demand for semiconductors.

PCBs find widespread usage in medical, defense, lighting, and automotive sectors, subject to which photoresist and photoresist ancillaries market from printed circuit board applications will grow at a substantial rate over 2017-2024.

Make an inquiry to purchase this report@
www.gminsights.com/inquiry-before-buying/1581

The demand for semiconductors is heavy across the APAC region, owing to the growing electronics sector. Electronics manufacturing activities are being outsourced from developed regions like the U.S. and Europe to countries such as South Korea and China. Additionally, APAC photoresist and photoresist ancillaries industry is anticipated to grow heavily owing to the increased disposable incomes of the consumers across this region.

Photoresist market size from KrF products was valued at USD 400 million in 2016. These products are used to manufacture microelectronic devices and will earn significant revenue over the next few years. G- and i-line products provide resolution from 0.3 µm to more than 1 µm and have the capability to function in mid-UV wavelengths, subject to which photoresist industry from g- and i-line products is forecast to grow at a steep rate over 2017-2024.

About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

This release was published on openPR.