Global Photoresist and Photoresist Ancillaries Market 2017-2021

Overview of the global photoresist and photoresist ancillaries market

Technavio’s market study identifies the use of photoresists and photoresist ancillaries in flat-panel displays as one of the primary growth factors for the photoresists and photoresist ancillaries market. The technological advances led to the emergence of display technologies such as the modern organic light-emitting diode (OLED) and flexible displays. The flat-panel display makes the device thinner, lighter, and more energy-efficient. The flat-displays contain liquid crystal display (LCD) that lights the various pixels on the screen for better clarity and picture quality and uses specialty materials as the core chemical. According to our market research analysts, this global market will grow steadily at a CAGR of around 6% by 2021.

Several large vendors are focusing on the development of 3D integrated circuits (ICs) that are integrated circuits that results in a compact size and optimizes the performance. The industry and the consumers are increasingly demanding for increased levels of integration and improved bandwidth, form factor, latency, performance, and weight. To fulfill these demands, the vendors in the microelectronics market are implementing 3D chip stacking by using through-silicon via (TSV) chips with appropriate interconnects and suitable packaging. This will lead  to the growth of 3D chip packaging which according to this market research and analysis will be one of the key trends behind the growth of the photoresists and photoresist ancillaries market.

Competitive landscape and key vendors

The photoresists and photoresist ancillaries market is highly competitive due to the technological advancements and the increasing R&D investments by major vendors towards the identification, development, and manufacture of new types of photoresists and photoresist ancillaries. The market is highly capital-intensive which poses as a major barrier for new players to enter the market.

The leading vendors in the market are -

• JSR
• Merck
• TOKYO OHKA KOGYA
• The Dow Chemical Company

The other prominent vendors in the market are Avantor Performance Materials, E. I. du Pont de Nemours and Company, Fujifilm Electronic Materials, KemLab, LG Chem, Microchemicals, and Shin-Etsu Chemical.

Segmentation by product type and analysis of the photoresist and photoresist ancillaries market

• Photoresist
• Photoresist ancillaries

The photoresist ancillaries segment is steadily growing due to the demand for anti-reflective coatings that are used to prevent the scattering of UV radiation that results in errors in the imprint back into the photoresist. These ancilliaries are also used in several segments such as developers, edge bead removers, and photoresist strippers.

Segmentation by end user and analysis of the photoresist and photoresist ancillaries market

• Display and Integrated Circuits (ICs)
• Printed Circuit Board (PCBs)

The semiconductor foundries and display manufacturers are the primary end-users of photoresist and photoresist ancillaries. This is mainly due to the increasing demand for semiconductor devices, the increasing focus of firms on constructing new fabs, and the increasing number of transistors required in flat-screen displays.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global photoresist and photoresist ancillaries market?
• What are the key market trends impacting the growth of the global photoresist and photoresist ancillaries market?
• What are the challenges to market growth?
• Who are the key vendors in the global photoresist and photoresist ancillaries market?
• What are the market opportunities and threats faced by the vendors in the global photoresist and photoresist ancillaries market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global photoresist and photoresist ancillaries market?

Technavio also offers customization on reports based on specific client requirement.