Market Introduction
Photoresists are light-sensitive polymeric resins mainly used in the production of printed circuit boards, printing plates, flat-panel liquid crystal displays, magnetic recording heads, and micro electromechanical systems (MEMS). These components serve as masking materials for the transfer of images into an underlying substrate via etching processes. Photoresist ancillaries are materials such as photoresist strippers, anti-reflective coatings, developers, and edge bead removers used along with photoresist.The photoresists and photoresist ancillaries are used in wiring configuration of multi-layered semiconductors used in the manufacturing computers, laptops, music players, phones, servers, and household appliances. The electronic industry is witnessing steady growth in developed and developing countries. The companies operating in this field use photoresist and photoresist ancillaries in products such as advanced telephones, computer systems, and related accessories, televisions and home entertainment equipment, and electronic control and monitoring devices,which have applications in many industrial and scientific areas.
Market Overview and Dynamics
The Europe photoresist and photoresist ancillaries market was valued at US$ 508.3 million in 2018 and is projected to reach US$ 830.9 million by 2027; it is expected to grow at a CAGR of 5.6% during the forecast period. Factors driving the market growth include the growth in the semiconductor industry and increasing demandfor photoresist and photoresist ancillaries from various applications. However, the regulations by various agencies upon the use of raw materials in photoresist ancillaryproducts is likely to have a negative impact on market growth.
Key Market Segments
By photoresist type, the ArF immersion photoresist segment accounted for the largest share ofthe Europe photoresist and photoresist ancillaries market in 2018. In terms of photoresist ancillaries type, anti-reflective coatings segment held the largest share of the photoresist and photoresist ancillariesmarket in 2018. In terms of application, in 2018, the semiconductors and IC’s segment held the most significant share of the photoresist and photoresist ancillariesmarket in Europe.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing the Europephotoresist and photoresist ancillariesmarket report are MERCK KGaA, Sumitomo Chemical Co., Ltd., TOKYO OHKA KOGYO CO., LTD., Micro Resist Technology GmbH, ALLRESIST Gmph, Shin-Etsu Chemical Co., Ltd., DJ Microlaminates, Inc., DuPont de Nemours, Inc., JSR Corporation, and FujiFilm Corporation
Impact of COVID-19 Pandemic on Photoresist and Photoresist Ancillaries Market
In Europe, Italy is the hardest-hit country by the Covid-19 outbreak. It is expected to suffer an economic hit due to thelack of revenue generation from various industries as Italy recorded the highest number of Covid-19 cases. Other member states have implemented drastic measures and restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
Reasons to buy the report
EuropePhotoresist and Photoresist AncillariesMarket Segmentation
By Photoresist Type
By Photoresist Ancillaries Type
By Application
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 508.3 Million |
| Market Size by 2027 | US$ 830.9 Million |
| CAGR (2018 - 2027) | 5.6% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Photoresist Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Photoresist and Photoresist Ancillaries Market is valued at US$ 508.3 Million in 2018, it is projected to reach US$ 830.9 Million by 2027.
As per our report Europe Photoresist and Photoresist Ancillaries Market, the market size is valued at US$ 508.3 Million in 2018, projecting it to reach US$ 830.9 Million by 2027. This translates to a CAGR of approximately 5.6% during the forecast period.
The Europe Photoresist and Photoresist Ancillaries Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Photoresist and Photoresist Ancillaries Market report:
The Europe Photoresist and Photoresist Ancillaries Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Photoresist and Photoresist Ancillaries Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Photoresist and Photoresist Ancillaries Market value chain can benefit from the information contained in a comprehensive market report.
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