Market Research Logo

Global Photoresist Market 2015-2019

Global Photoresist Market 2015-2019

Market outlook of the photoresist market

Photoresist materials are used during the manufacturing of semiconductor ICs and PCBs. Therefore, as the electronic device industry grows, the demand for semiconductor ICs for different applications, such as telecommunication, consumer electronic devices, memory devices, and sensor devices, increases, thereby, driving the demand for the photoresist market. Technavio's market research analysts expect the global photoresist market to grow at a CAGR of more than 5% during the forecast period.

The demand for compact electronic devices has been increasing in almost every sector, be it telecommunication devices, automotive, industrial manufacturing, and healthcare. This trend has driven the semiconductor ICs manufacturers to invest on R&D, to reduce the size and increase the performance of ICs, which have led to the emergence of MEMS and 3D chip packaging. Thus, the miniaturization of electronic devices will have a significant impact on semiconductor device manufacturers, as the compact ICs will create a demand for finer patterning, which will indirectly generate the need for ArF and KrF during the forecast period.

Segmentation by type and analysis of - ArF Dry, ArF Immersion, KrF, and g- and i-line

As of 2014, the ArF (ArF Dry and ArF Immersion) segment was the largest revenue contributor to the photoresist market, accounting for a revenue share of more than 41%. The main reason behind the market dominance of ArF excimer photoresists is for their miniaturization of the semiconductor ICs.

This report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

ArF Dry
ArF Immersion
KrF
g- and i-line
Geographical segmentation and analysis of - APAC, North America, and Europe

In terms of geographical revenue contribution, the APAC region has been dominating the photoresist market, accounting for a share of close to 65%, followed by North America, and Europe as of 2014. The increase in consumer electronics and mobile devices market will lead to an increased need for photoresist materials in this region, and will assist them in retaining their market dominance during the forecast period.

This report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

APAC
North America
Europe
Competitive landscape and key vendors - Dow Chemical, JSR Corp., and TOK

The photoresist market is highly marked with the presence of some prominent vendors, who have the maximum market share. Moreover, the presence of many prominent semiconductor foundries in Taiwan, South Korea, and Japan have made APAC an extremely competitive geography.

The top vendors in the market are -

Dow Chemical
JSR Corp.
TOK
Other prominent vendors in the market include E. I. du Pont de Nemours and Company, FUJIFILM Electronics Materials, LG Chem, and Shin-Etsu Chemical.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global photoresist market?
What are the key market trends impacting the growth of the global photoresist market?
What are the challenges to market growth?
Who are the key vendors in the global photoresist market?
What are the market opportunities and threats faced by the vendors in the global photoresist market?
What are the trending factors influencing the market shares of APAC, North America, and Europe?
What are the key outcomes of the five forces analysis of the global photoresist market?
Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Semiconductor Materials Market
Global NFC Chips Market 2015-2019
Global LED Chip Market 2015-2019
Global System-on-Chip (SoC) Market 2015-2019
Global Chip on Board (COB) LED Market 2014-2018


Press Release

Technavio Announces the Publication of its Research Report – Global Photoresist Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Photoresist Market: Dow Chemical, JSR Corp. and TOK

Other Prominent Vendors in the market are: E. I. du Pont de Nemours and Company, FUJIFILM Electronics Materials, LG Chem, and Shin-Etsu Chemical.

Commenting on the report, an analyst from Technavio’s team said: “The increase in R&D spending by leading vendors as they seek to introduce advanced next-generation technologies is a notable trend in the photoresist market. The continuous shortening of the replacement cycle of electronic devices and the reduced prices of photoresist materials will also increase the demand for photoresist materials during the forecast period.”

According to the report, as the electronic device industry grows, the demand for semiconductor ICs for different applications such as telecommunication, consumer electronic, memory, and sensor devices will increase, thereby driving demand in the global photoresist market. Also, the growing demand for compact electronic devices and for large panel displays will increase the demand for ArF and KrF photoresist materials.

Further, the report states that both photoresist material vendors and semiconductor IC manufacturers face a stiff challenge in respect of handling photoresist materials due to the associated environmental and occupational health hazards that arise during the manufacturing and processing of the materials.

Companies Mentioned

Dow Chemical, JSR Corp., TOK, E. I. du Pont de Nemours and Company, FUJIFILM Electronics Materials, LG Chem, and Shin-Etsu Chemical.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Segmentation of global photoresist market
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
    • PEST analysis
  • Introduction
    • Key market highlights
  • Technology landscape
    • Table Process flow during lithography
    • Table Types of photoresist material
    • Table Comparison of g- and i-line, KrF, and ArF photoresist
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global photoresist market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global photoresist market by product type 2014
    • Market size and forecast
      • Table Global photoresist market by product type 2014-2019
      • Table Global photoresist market by product type 2014-2019 ($ millions)
      • Table Comparison of types of photoresist material (CAGR)
  • Geographical segmentation
    • Market overview
      • Table Global photoresist market by geography 2014
    • Market size and forecast
      • Table Global photoresist market by geography 2014-2019
      • Table CAGR of global photoresist market by geography 2014-2019
    • Photoresist market in APAC
      • Table Photoresist market in APAC ($ billions)
      • Table Key leading countries in APAC
    • Photoresist market in North America
      • Table Photoresist market in North America ($ millions)
    • Photoresist market in Europe
      • Table Photoresist market in Europe ($ millions)
  • Market drivers
    • Impact of drivers
      • Table Impact of drivers
      • Table Growth rate of global sales of smartphones and tablet PCs 2014
      • Table CAGR of LED chip, sensor, DRAM, and NAND markets 2014-2019
      • Table Global MEMS market 2014-2019 ($ billions)
  • Market challenges
    • Table Environmental and occupational health hazards associated with photoresists
    • Table Global semiconductor market 1992-2014 ($ billions)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Growth rate of R&D spending of major vendors (2013-2014)
  • Vendor landscape
    • Competitive scenario
      • Table Global photoresist market share by vendor 2014
    • Key vendors
      • Table Locations of Dow manufacturing facilities
    • Other prominent vendors
  • Key vendor analysis
    • Dow
      • Table Dow: Business segmentation by revenue 2014
      • Table Dow: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Dow: Geographical segmentation by revenue 2014
    • JSR
      • Table JSR: Product segmentation
      • Table JSR: Business segmentation by revenue 2015
      • Table JSR: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table JSR: Geographical segmentation by revenue 2015
    • TOKYO OKHA KOGYA
      • Table TOK: Product segmentation
      • Table TOK: Business segmentation by revenue 2015
      • Table TOK: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table TOK: Geographical segmentation by revenue 2015
  • Key strategic recommendations for investors/vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report