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In terms of application, semiconductor photoacid generators market is segregated into photolithography, photoengraving, and printed circuit boards. The photolithography segment was valued at more than USD 1.5 billion in 2022 and is poised to record over 6% gains by 2032. The snowballing demand for photolithography for microprocessor fabrication, increase in computer chip production, and rapidly expanding electronics packaging market are foreseen to foster segment growth.
Semiconductor photoacid generators market from photolithography application is further divided into EUV photolithography for ionic PAG and I-Line photolithography for photoacid generators. EUV photolithography for iconic photoacid generators are projected to reach a valuation of over USD 105 million by 2032. The segment growth is backed by the soaring penetration of photo-initiator for photo-polymerization of epoxy/acrylate composites is boosting the use of ionic photolithography in UV shielding coating in electronic devices.
Under photoengraving application, semiconductor photoacid generators market is classified into ionic photoacid generators and non-ionic photoacid generators. The non-ionic photoacid generators segment is anticipated to reach over USD 205 million in revenue by 2032. The surging demand for economical solutions in the electronics industry, along with shifting perceptions toward safe solutions is estimated to accelerate product demand. The wide applicability of ionic photoacid generators in manufacturing commercial or residential electronics solutions is also poised to fuel segment forecasts.
Europe semiconductor photoacid generators market is speculated to surpass USD 1 billion in revenue by 2032. The growing demand for critical layer resistance provided by photoacid generators, such as film resistors, is primed to augment product adoption in the European semiconductor industry. Furthermore, the surging necessity for various chemical amplified resist applications is foreseen to supplement the demand for I-line and broadband PAG in the region.