According to a new market report by Lucintel, the future of the global semiconductor photoresist market looks promising with opportunities in the semiconductors, LCD, and printed circuit boards. The global semiconductor photoresist market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 7% from 2020 to 2025. The major growth drivers for this market are the growing demand for display technology along with a high demand for micro-electronics.
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In this market, ArF immersion, ArF dry film, KrF, G-line, and I-line are the major products used. Lucintel forecasts that G-line is expected to witness the highest growth over the forecast period due to its increasing application in the production of various types of sensors.
Within this market, anti-reflective coatings is expected to witness the highest growth over the forecast period due to its properties, such as preventing light spreading and high resolution.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to an increasing demand in the electronics industry in China, Japan, South Korea, and India.
Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of Near field communication (NFC) technology and increasing prolification of IoT technology. JSR, TOK, DOW, Fujifilm, Shin-Etsu Chemical, Dongjin Semichem, Merk, and Eternal Materials are among the major manufacturers of the global semiconductor photoresist market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor photoresist market by product type, photoresist ancillary’s type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Photoresist Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor photoresist market by product type, photoresist ancillaries type, application, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
ArF Immersion Photoresist
ArF Dry Photoresist
KrF
G-Line
I-Line
By Photoresist Ancillaries Type [$M shipment analysis for 2014 – 2025]:
Anti-reflective Coatings
Remover
By Application [$M shipment analysis for 2014 – 2025]:
Semiconductors
LCD
Printed Circuit Boards
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.