Photoresist Chemicals Market, by Product Type (Positive Photoresist and Negative Photoresist), by Application (Microelectronics, Fabrication Of Printed Circuit Boards, Sand Carving, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

  • To Be Published : Jul 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Photoresist chemicals are light-sensitive chemicals used in various industrial processes such as making of printed circuit boards (PCB), copper roller making for packaging and textile industries. These chemicals are available in dry films and liquid forms and are essential for manufacturing semiconductors and micro-electro-mechanical systems. Photoresist chemicals change their chemical structure when exposed to UV light and are therefore, widely used for photoengraving and photolithography to form a patterned coating on a surface.  

Market Outlook

  • Growing electronics & semiconductor industry is expected to propel demand for photoresist chemicals. For instance, according to a report by Semiconductor Industry Association (SIA), July 2018, worldwide sales of semiconductors reached to US$ 38.7 billion in May 2018, recording a growth of around 21.0% in comparison with US$ 32.0 billion accounted in May 2017.
  • However, stringent regulations associated with usage of photoresist chemicals due to environmental and occupational health risks are expected to hamper the market growth.
  • Based on application, photoresist chemicals market is segmented into microelectronics, fabrication of printed circuit boards, sand carving, and others. In microelectronics, photoresist chemicals are generally applied to silicon-integrated circuits/silicon wafers. Other applications of photoresist in patterning and etching of substrates include, glass printed circuit boards, MEMS, and other micropatterning
  • Photoresist chemicals are used in holography, biomedical engineering, and micromachining. Technological innovations in the field on flat-panel displays (lithography systems such as advent of LCDs and OLEDs, enabling higher definition and clear images are favorable factors to upsurge photoresist chemicals demand during the forecast period.

Key Players

Key players operating in the global photoresist chemicals market include, Hubbard-Hall Inc., FUJIFILM Holdings America Corporation, DuPont, The Dow Chemical Company, and Mitsui Chemicals America, Inc. 

Market Taxonomy

On the basis of product type, the global photoresist chemicals market is segmented into:

  • Positive Photoresist
  • Negative Photoresist

On the basis of application, the global photoresist chemicals market is segmented into:

  • Microelectronics
  • Fabrication of Printed Circuit Boards (PCBs)
  • Sand Carving
  • Others (Semiconductors and patterning & etching of substrates)

On the basis of region, the global photoresist chemicals market is segmented into:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • North Africa
    • Central Africa
    • South Africa

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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The primary research is conducted with the ecosystem players including, but not limited to:

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