The report "Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type (Anti-reflective Coating, Remover, Developer), Region - Global Forecast to 2025", 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%. The growth of the market is attributed to increasing demand for high-end semiconductors chip or ICs for applications such as nano-devices, IoT, 5G, and artificial intelligence.
Semiconductors are the devices made from materials that conduct under specific conditions. ICs are the smaller version of circuit boards consisting of thousands of small electronic components such as resistors, capacitors, and transistors. ICs are used in numerous electronic devices, including smartphones, mobile devices, PCs & laptops, tablets, and advanced gaming devices. The continuously increasing demand for the cutting edge chips and ICs due to the upcoming trends such as 5G, AI, and IoT is driving the market for photoresist and photoresist ancillaries in this application.
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).
