What are the Forecasted Growth and Key Drivers for the Global Photoresist & Photoresist Ancillaries Market?
The Photoresist & Photoresist Ancillaries market has demonstrated robust growth, rising from $4.08 billion in 2024 to a predicted $4.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. This vigorous growth in recent years can be attributed to factors such as advancements in semiconductor manufacturing and lithography, growth in the electronics and microelectronics industries, expansion of printed circuit board production, and high-resolution display development.
Moreover, the market is expected to exhibit sustained growth over the next few years, reaching $5.88 billion in 2029 at a CAGR of 7.8%. Factors contributing to this projected growth include expansion in extreme ultraviolet (euv) lithography adoption, growth in flexible electronics and OLED displays, the rise of sustainable and environmentally friendly resists, increased use in photomask production, and burgeoning research and development in quantum computing.
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Major growth drivers include the expanding semiconductor sector, which is propelling the market progressively forward. Semiconductors, or integrated circuits (ICs), form an integral part of a plethora of electronic equipment, contributing to advancements in numerous sectors including communications, computers, healthcare, defense systems, clean energy, and transportation. Photoresists are used in the manufacturing of printed circuit boards (PCBs) and integrated chips, making them invaluable for the growing semiconductor sector.
What is the Market Segmentation for the Photoresist & Photoresist Ancillaries Market?
1) By Type: ArF Immersion, KrF, ArF Dry, g- and i-line
2) By Ancillaries Type: Anti-Reflective Coatings, Remover, Developer, Other Ancillaries Types
3) By Application: Semiconductors And ICS, LCDs, Printed Circuit Boards, Other Applications
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Which Companies Lead the Photoresist & Photoresist Ancillaries Market Industry?
Key players 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.
What Are the Emerging Trends in the Photoresist & Photoresist Ancillaries Market?
Key trends include the innovation of resins such as CYCLOTENE by major companies, aimed at providing reliable services to customers. As seen in December 2022, DuPont de Nemours, Inc., launched CYCLOTENE, which is utilized as a semiconductor packaging for high-performance applications including 5G and artificial intelligence (AI). Its performance and thermal stability enable high-density interconnects and fine-pitch circuitry.
Which Geographical Region Exhibits Strong Growth in the Photoresist & Photoresist Ancillaries Market?
Asia-Pacific held the largest share of the photoresist and photoresist ancillaries market in 2024, closely followed by North America.
What Does The Photoresist & Photoresist Ancillaries Market Report 2025 Offer?
The Photoresist & Photoresist Ancillaries Market report provides a thorough evaluation of the market, considering global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and emerging opportunities. Photoresist, a light-sensitive material used in photolithography and photoengraving, modifies its electrochemical structure when exposed to ultraviolet light. Ancillary materials used alongside photoresists such as anti-reflective coatings, developers, photoresist strippers, and edge bead removers are all covered in this extensive report.
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