Photoresist Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025
Overview
Photoresist Market size is forecast to
reach $11.99 billion by 2025, after growing at a CAGR of 5.5% during 2020-2025.
The photoresist market is growing due to the increasing demand
in developing nations for electronic products and increasing demand for microelectronics
globally. In addition, market growth is driven by rising demand for dynamic
display technologies and increasing R&D initiatives that will pave the way
for innovative new products.
Photoengraving is a process that uses a light-sensitive photoresist applied to the surface to be engraved to create a mask that shields some areas during a subsequent operation which etches, dissolves, or otherwise removes some or all of the material from the unshielded areas. Normally applied to metal, it can also be used on glass, plastic and other materials.
Based on the chemical structure of photoresists, they can be classified into three types: photopolymeric, photodecomposing, photocrosslinking photoresist.
Photopolymeric photoresist is a type of photoresist, usually allyl monomer, which could generate free radical when exposed to light, then initiates the photopolymerization of monomer to produce a polymer. Photopolymeric photoresists are usually used for negative photoresist, e.g. methyl methacrylate.
Photodecomposing photoresist is a type of photoresist that generates hydrophilic products under light. Photodecomposing photoresists are usually used for positive photoresist. A typical example is azide quinone, e.g. diazonaphthaquinone (DQ).
Report Coverage
The report: “Photoresist Market – Forecast (2020-2025)”, by IndustryARC, covers
an in-depth analysis of the following segments of the Photoresist Industry.
Key Takeaways
- Asia Pacific has a significant market share due to the growth of the electronics industry in this region. Outsourcing the manufacturing activities of electronics from Europe and the US to Asian nations such as China and South Korea has turned the region into an electronic hub.
- The ArF immersion type photoresist offers superior resolution, low defects and excellent cutting. It also helps prevent light from spreading due to its narrow wavelength.
- Technical advances, along with product innovation is a key factor contributing to the growth of the semiconductors & ICs application segment.
Photoresist Type - Segment Analysis
The ArF immersion type is
anticipated to be the fastest-growing segment. The technology of ArF
immersion is commonly used in circuits of Large Scale Integration (LSI). The
narrow wavelength of ArF light source and increased refractive index due to immersion
assist photoresist users in meeting their needs of miniaturizing products with
improved performance.
Photoresist Ancillaries Type - Segment Analysis
Antireflective coatings held a
major share in photoresist market in 2019. Increasing demand for flat display
screens coupled with growth in smartphone production is likely to support the
growth of the Antireflective Coatings market. During the photolithography
phase, they are also used in semiconductor manufacturing. Such materials help
eliminate the reflective notch that improves the operation of lithography.
Application - Segment Analysis
The semiconductors & ICs
segment is estimated to lead the global photoresist market during the forecast
period. Photoresist is used in the electronics industry, particularly in
semiconductors & ICs, and printed circuit board designs. ICs are used in a
wide range of electronic devices, including smartphones, mobile devices,
computers and laptops, tablets and specialized gaming devices. The rise in
demand for wearable devices and consumer electronics is a key driver of growth
for the photoresist market.
Geography - Segment Analysis
Asia Pacific holds the largest
share of the photoresist market. Asia Pacific's dominance in market growth can
be attributed to the rapidly rising demand in the electronics industry in
countries like China, Japan, Korea, and India. North America and Europe follow
the growth of Asia Pacific. The growth of the U.S. electronics & electrical
industry played a major role in boosting regional market demand in North
America. Europe is also expected to experience significant growth due to strong
demand from the global end-use applications industry, Germany is expected to
dominate the regional market.
Drivers – Photoresist Market
·
Growing demand for
micro fabrication requirements in electronics industry.
The demand for
compact electronic devices has been increasing in various sectors such as
telecommunication devices, automotive, industrial manufacturing, and
healthcare. This trend has pushed manufacturers of semiconductor ICs to invest
in R&D, reduce the size and improve IC efficiency, resulting in emergence
of MEMS and 3D chip packaging. Therefore, the miniaturization of electronic
devices will have a significant impact on manufacturers of semiconductor
devices as compact ICs will create a demand for finer patterning that will
indirectly generate the need for ArF and KrF during the forecast period.
Challenges – Photoresist Market
·
Limited
photoresist consumption and taxation policies in emerging economies hampers the
growth of the market.
Limited photoresist consumption and
taxation policies in emerging economies are the major factor restricting the
growth of the photoresist market. Manufacturing-related operating costs,
together with intense competition from rapidly growing economies, contribute to
the photoresist's low consumption in emerging regions. This acts as a
restriction to the photoresist market's growth.
Market Landscape
Product launches, acquisitions and R&D activities are
key strategies adopted by players in the Photoresist Market. In 2019, the
market of photoresist has been consolidated by the top five players accounting
for xx% of the share. Major players in the Photoresist Market are AZ Electronic
Materials, Dow Chemical Company, TOKYO OHKA KOGYO CO LTD, DuPont, LG Display,
Sumitomo Chemical, Fujifilm, Avantor Performance Materials Inc and Shin-Etsu
Chemical., among others.
Acquisitions/Product Launches
- In May 2017, ALLRESIST GmbH (Germany) launched positive photoresist under the brand name Phoenix 81 to be used in applications with the NanoFrazor of SwissLitho AG.
- In September 2015, Fujifilm Electronics Materials Co., Ltd. (Japan) acquired Ultra Pure Solutions, Inc. (U.S.), a high-purity solvent manufacturer used in semiconductor processes. The company has improved its role in the segments of semiconductors and photoresists through this acquisition.
1.1 Definitions and Scope
2. Photoresist Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Photoresist Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Photoresist Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Photoresist Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Photoresist Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Photoresist Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Photoresist Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Anti-Reflective Coatings
8.3.2 Remover
8.3.3 Developer
8.3.4 Others
9. Photoresist Market - By Type(Market Size -$Million / $Billion)
10. Photoresist - By Application Type(Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Semiconductors & ICS
10.3.2 LCDs
10.3.3 Printed Circuit Boards
10.3.4 Others
11. Photoresist- By Geography (Market Size -$Million / $Billion)
11.1 Photoresist Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Photoresist- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Photoresist- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Photoresist - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Photoresist - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Photoresist Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Photoresist Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Photoresist Market - Key Company List by Country Premium
15. Photoresist Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Allresist GmbH
15.3 E. I. Du Pont De Nemours
15.4 JSR Corporation
15.5 Merck Az Electronics Materials
15.6 Microchemicals GmbH
15.7 Other Industry Players
15.8 Shin-Etsu Chemical Co. Ltd.
15.9 The DOW Chemical Company
15.10 Company 10
15.11 Company 11
16. Photoresist Market - Appendix
16.1 Abbreviations
16.2 Sources
17. Photoresist Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Photoresist Market By Type Market 2019-2024 ($M)1.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Global Industry Research
1.2 ARF Dry Photoresist Market 2019-2024 ($M) - Global Industry Research
1.3 KRF Photoresist Market 2019-2024 ($M) - Global Industry Research
1.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Global Industry Research
2.Global Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
2.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Global Industry Research
2.2 Remover Market 2019-2024 ($M) - Global Industry Research
2.3 Developer Market 2019-2024 ($M) - Global Industry Research
3.Global Photoresist Market By Type Market 2019-2024 (Volume/Units)
3.1 ARF Immersion Photoresist Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 ARF Dry Photoresist Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 KRF Photoresist Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 G-Line & I-Line Photoresist Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Photoresist Ancillaries Market By Type Market 2019-2024 (Volume/Units)
4.1 Anti-Reflective Coatings Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Remover Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Developer Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Photoresist Market By Type Market 2019-2024 ($M)
5.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Regional Industry Research
5.2 ARF Dry Photoresist Market 2019-2024 ($M) - Regional Industry Research
5.3 KRF Photoresist Market 2019-2024 ($M) - Regional Industry Research
5.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Regional Industry Research
6.North America Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
6.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Regional Industry Research
6.2 Remover Market 2019-2024 ($M) - Regional Industry Research
6.3 Developer Market 2019-2024 ($M) - Regional Industry Research
7.South America Photoresist Market By Type Market 2019-2024 ($M)
7.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Regional Industry Research
7.2 ARF Dry Photoresist Market 2019-2024 ($M) - Regional Industry Research
7.3 KRF Photoresist Market 2019-2024 ($M) - Regional Industry Research
7.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Regional Industry Research
8.South America Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
8.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Regional Industry Research
8.2 Remover Market 2019-2024 ($M) - Regional Industry Research
8.3 Developer Market 2019-2024 ($M) - Regional Industry Research
9.Europe Photoresist Market By Type Market 2019-2024 ($M)
9.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Regional Industry Research
9.2 ARF Dry Photoresist Market 2019-2024 ($M) - Regional Industry Research
9.3 KRF Photoresist Market 2019-2024 ($M) - Regional Industry Research
9.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Regional Industry Research
10.Europe Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
10.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Regional Industry Research
10.2 Remover Market 2019-2024 ($M) - Regional Industry Research
10.3 Developer Market 2019-2024 ($M) - Regional Industry Research
11.APAC Photoresist Market By Type Market 2019-2024 ($M)
11.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Regional Industry Research
11.2 ARF Dry Photoresist Market 2019-2024 ($M) - Regional Industry Research
11.3 KRF Photoresist Market 2019-2024 ($M) - Regional Industry Research
11.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Regional Industry Research
12.APAC Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
12.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Regional Industry Research
12.2 Remover Market 2019-2024 ($M) - Regional Industry Research
12.3 Developer Market 2019-2024 ($M) - Regional Industry Research
13.MENA Photoresist Market By Type Market 2019-2024 ($M)
13.1 ARF Immersion Photoresist Market 2019-2024 ($M) - Regional Industry Research
13.2 ARF Dry Photoresist Market 2019-2024 ($M) - Regional Industry Research
13.3 KRF Photoresist Market 2019-2024 ($M) - Regional Industry Research
13.4 G-Line & I-Line Photoresist Market 2019-2024 ($M) - Regional Industry Research
14.MENA Photoresist Ancillaries Market By Type Market 2019-2024 ($M)
14.1 Anti-Reflective Coatings Market 2019-2024 ($M) - Regional Industry Research
14.2 Remover Market 2019-2024 ($M) - Regional Industry Research
14.3 Developer Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Photoresist Market Revenue, 2019-2024 ($M)2.Canada Photoresist Market Revenue, 2019-2024 ($M)
3.Mexico Photoresist Market Revenue, 2019-2024 ($M)
4.Brazil Photoresist Market Revenue, 2019-2024 ($M)
5.Argentina Photoresist Market Revenue, 2019-2024 ($M)
6.Peru Photoresist Market Revenue, 2019-2024 ($M)
7.Colombia Photoresist Market Revenue, 2019-2024 ($M)
8.Chile Photoresist Market Revenue, 2019-2024 ($M)
9.Rest of South America Photoresist Market Revenue, 2019-2024 ($M)
10.UK Photoresist Market Revenue, 2019-2024 ($M)
11.Germany Photoresist Market Revenue, 2019-2024 ($M)
12.France Photoresist Market Revenue, 2019-2024 ($M)
13.Italy Photoresist Market Revenue, 2019-2024 ($M)
14.Spain Photoresist Market Revenue, 2019-2024 ($M)
15.Rest of Europe Photoresist Market Revenue, 2019-2024 ($M)
16.China Photoresist Market Revenue, 2019-2024 ($M)
17.India Photoresist Market Revenue, 2019-2024 ($M)
18.Japan Photoresist Market Revenue, 2019-2024 ($M)
19.South Korea Photoresist Market Revenue, 2019-2024 ($M)
20.South Africa Photoresist Market Revenue, 2019-2024 ($M)
21.North America Photoresist By Application
22.South America Photoresist By Application
23.Europe Photoresist By Application
24.APAC Photoresist By Application
25.MENA Photoresist By Application
26.JSR Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.The DOW Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Shin-Etsu Chemical Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.E. I. Du Pont De Nemours, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Merck Az Electronics Materials, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Allresist GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Microchemicals GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)