Asia Pacific– A Predominant Region in Photoresist and Photoresist Ancillaries Market| MarketsandMarkets™
Photoresist & photoresist ancillaries are used as a medium to create patterns on a substrate. These are used in a wide range of applications from printed circuit boards (PCBs) to semiconductors. The photoresist is a light-sensitive material used in the production of various electronic components. It is applied to the substrate and then exposed to ultraviolet light or X-ray radiation. This causes a chemical reaction that leaves behind a pattern in the photoresist.
Photoresist ancillaries are used to create the desired pattern on the photoresist. These include etchants, developers, adhesives, strippers, and solvents, among others. The demand for photoresist and photoresist ancillaries is increasing due to the growing demand for semiconductors and other electronic components. As the demand for electronics increases, so does the need for photoresists and its ancillaries. The demand is expected to continue to grow in the coming years. The global Photoresist and Photoresist Ancillaries Market size is estimated to be USD 3.3 billion in 2020 and projected to reach USD 4.2 billion, by 2025, at a CAGR of 4.8%.
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Anti-reflective coatings segment is the largest photoresist ancillaries in the overall photoresist and photoresist ancillaries market.
The anti-reflective coatings segment is expected to dominate the photoresist and photoresist ancillaries market, due to its increasing usage in various applications such as semiconductor/IC packaging, automotive, and medical devices. Furthermore, the increasing demand for thin films, such as in thin-film transistor (TFT) LCDs and organic light-emitting diodes (OLEDs), is also driving the demand for anti-reflective coatings. In addition, the increasing demand for precision optical components and the growing usage of solar cells in various applications are further driving the demand for anti-reflective coatings.
G-line is projected to be the fastest-growing photoresist by type in the overall photoresist and photoresist ancillaries market.
G-line photoresists are a type of photoresist that consists of a resist material applied to a substrate, such as a silicon wafer or glass. These photoresists are then exposed to light or other energy sources, which cause a chemical reaction that leads to a change in the resist's properties. The G-line photoresists are particularly useful for producing high-resolution patterns for integrated circuits, flat panel displays, and other electronic applications. This type of photoresist is becoming increasingly popular due to its ability to produce smaller patterns and finer details than other photoresist types. Its fast curing time and low processing temperature also make it an attractive choice for many applications. As a result, the G-line photoresist is expected to experience the most rapid growth in the overall photoresist and photoresist ancillaries market over the forecast period.
Semiconductors & ICs application is expected to be the largest application in the photoresist and photoresist ancillaries market.
The use of semiconductors and ICs is likely to be the major driver of growth in the photoresist and photoresist ancillaries market. This is due to the increasing demand for semiconductors and ICs for use in various applications such as consumer electronics, automotive, and industrial and medical equipment. The photoresist and photoresist ancillaries are used to create intricate patterns on the surface of semiconductors and ICs. This helps to improve the device's performance and reliability. Due to the increasing demand for semiconductors and ICs, the photoresist and photoresist ancillaries market is expected to witness robust growth in the coming years.
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Asia Pacific is estimated to account for the highest share of the global photoresist and photoresist ancillaries market.
The Asia Pacific region is estimated to account for the highest share of the global photoresist and photoresist ancillaries market. This is mainly due to the presence of a large number of photoresist manufacturers in countries such as China, Japan, and South Korea. The rising demand for consumer electronics and increasing investments in the semiconductor industry is further driving the growth of the photoresist and photoresist ancillaries market in the region.
The key companies profiled in the photoresist and photoresist ancillaries market report are Tokyo Ohka Kogyo Co., Ltd (Japan), JSR Corporation (Japan), DuPont (US), Shin-Etsu Chemical Co., Ltd (Japan), Fujifilm Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ALLRESIST (Germany), Merck Group (Germany), Micro Resist Technology (Germany), and DJ MicroLaminates (US).
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