The “Global Photoresist Chemicals Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026” research study presented on Decisiondatabases.com gives an in-depth outlook of the market growth, trends and forecast for the global photoresist chemicals market. The report predicts that the global photoresist chemicals market would reach USD 4065.2 MN by 2026 along with a CAGR of 4.50% within the forecasted period from 2020-2026. The photoresist chemicals market was valued close to USD 2987.2 MN in 2019.
Photoresists are the key basic materials for the electronic information industry as they are widely used in the production and processing of PCB, flat-panel display, and semiconductor IC. Photoresist chemicals are used in the production of sub-µm and µm-structures. They are mainly consumed by the microelectronics industry. When exposed to ultraviolet light, these chemicals change their chemical structure and this distinctive property makes them ideal for photoengraving and photolithography processes. These processes are commonly used in the manufacturing of semiconductors. Photoresist chemicals are available in liquid and dry form and there are two basic classifications of photoresist chemicals; positive photoresist chemical and negative photoresist chemicals. Some of the different chemicals used in the photoresist processes are phenol-formaldehyde resin, polymethyl methacrylate and polymethyl glutarimide.
The growth in demand from the electronics industry and the increase in adoption of the dynamic display technology are the main drivers of the global photoresist chemicals market. However, the rising environmental concerns are responsible for acting as a hindrance to the growth of the global photoresist chemicals.
By product type, positive and negative are the classifications of the global photoresist chemicals market.
G-line, i-line, KrF, ArF immersion and ArF dry are the classifications of the global photoresist chemicals market based on the spectral line size.
By applications, microelectronics, sand carving and fabrication of printed circuit boards are the segments of the global photoresist chemicals market.
By geography, North America, Europe, Asia Pacific, Latin America and Middle East & Africa are the segments of the global photoresist chemicals market.
The key players of the global photoresist chemicals market are profiled in the study as E.I. DuPont de Nemours, Fujifilm Electronic Materials Co. Ltd, Honsou Chemical Industry, JSR Corporation, LG Chem, Mitsui Chemicals America Inc., Shin-Etsu Chemical, The Dow Chemical Company, TOK America, and Tokyo Ohka Kogyo Co. Ltd among others. A thorough description of each has been included, with information on the H.Q, future capabilities, key mergers & acquisitions, financial outline, partnerships and new product launches and developments.
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