What is Global Liquid Photoresist Market?
The Global Liquid Photoresist Market is a fascinating and complex sector of the global economy. It refers to the market for a type of light-sensitive material used in several manufacturing processes, including the production of printed circuit boards, semiconductors, and LCD screens. The liquid photoresist is applied to a surface and then exposed to light, which alters its properties and allows for precise etching or deposition of materials. This market is truly global in nature, with demand driven by industries around the world and supply coming from a variety of international manufacturers.
Positive Photoresist, Negative Photoresist in the Global Liquid Photoresist Market:
In the Global Liquid Photoresist Market, there are two main types of photoresist: positive and negative. Positive photoresist becomes soluble when exposed to light, allowing the exposed areas to be washed away, leaving a pattern that can be etched or deposited upon. Negative photoresist, on the other hand, becomes insoluble when exposed to light. This means that the unexposed areas can be washed away, leaving a negative of the original pattern. Both types have their own unique advantages and are used in different applications, contributing to the diversity and dynamism of the Global Liquid Photoresist Market.
Semiconductors & ICS, LCDs, Printed Circuit Boards, Others in the Global Liquid Photoresist Market:
The Global Liquid Photoresist Market plays a crucial role in several key industries. In the semiconductor and Integrated Circuits (ICs) industry, liquid photoresist is used in the fabrication of ICs, which are the building blocks of modern electronics. In the LCD industry, it is used in the production of flat panel displays, which are a staple of modern consumer electronics. In the printed circuit board industry, liquid photoresist is used to create the intricate patterns of connections that make these boards function. Other industries also make use of liquid photoresist in various ways, further expanding the reach of the Global Liquid Photoresist Market.
Global Liquid Photoresist Market Outlook:
The Global Liquid Photoresist Market is a dynamic and growing sector. In 2022, the market was valued at US$ 2520 million. It is projected to reach a value of US$ 3536.3 million by 2029, representing a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period from 2023 to 2029. This growth is driven by a variety of factors, including technological advancements, increasing demand from key industries, and the ongoing expansion of the global electronics market. It's also worth noting that the market is somewhat concentrated, with the top three companies accounting for over 25% of the total market share.
| Report Metric | Details |
| Report Name | Liquid Photoresist Market |
| Accounted market size in 2023 | US$ 2654 million |
| Forecasted market size in 2029 | US$ 3536.3 million |
| CAGR | 4.9 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | DuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck Group, JSR Corporation, LG Chem, Shin-Etsu Chemical, Sumitomo, Chimei, Daxin, Everlight Chemical, Dongjin Semichem, Great Eastern Resins Industrial, Chang Chun Group |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
