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Photoresist Electronic Chemical Market Trends

Report ID: GMI6248
Published Date: Jul 2023
Report Format: PDF

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Photoresist Electronic Chemical Market Trends

Emerging technologies including 5G, Artificial Intelligence (AI), the Internet of Things (IoT), and autonomous vehicles are rapidly driving advancements in the semiconductor industry. These technologies require complex semiconductor devices that are compact-sized and with a higher resolution. Photoresist electronic chemicals aid in meeting this demand as they enable finer patterning and higher device performance. For instance, packaging technologies require precise patterning & lithography processes, driving the need for specialized photoresist materials. The growing advanced packaging techniques including wafer-level packaging, fan-out packaging, and 3D packaging require enhanced adhesion, resolution & process compatibility. This requirement is met by photoresist chemicals, driving market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Photoresist electronic chemical industry size was USD 10.3 billion in 2022 and is estimated to reach USD 22.5 billion by 2032 driven by the rising demand from the booming electronics manufacturing sector.

The silicon substrate segment held around 40% share of the photoresist electronic chemical market in 2022 and is anticipated to depict lucrative growth through 2032 attributed to its extensive use in the production of ICs and other semiconductor devices.

U.S. photoresist electronic chemical industry generated USD 1.6 billion in 2022 and is projected to grow significantly form 2023-2032 owing to the presence of several integrated device manufacturers & semiconductor manufacturers in the region.

Tokyo Ohka Kogyo Co., JSR Corporation, Shin-Etsu Chemical Co., DuPont, Merck KGaA, Sumitomo Chemical Co., Fujifilm Corporation, MicroChem Corporation, Allresist GmbH, and Avantor are among the top companies engaged in the photoresist electronic chemical industry.