Positive Photoresist Market Growth, Opportunities and Forecast to 2027
Positive photoresist resin is a type of phenolic formaldehyde called a novolac resin, which constitutes the adhesion and chemical corrosion resistance of the photoresist. When dissolution inhibitor is absent, the novolac resin, which is photosensitive, dissolves in the developer. Diazonaphthoquinone (DNQ) is the most common agent in a photoactive compound.
Photoresist is the highest technical barriers material in electronic chemicals. It required high purity requirements, a complicated production process, large investment in equipment such as production and testing, and long technology accumulation period. The global positive photoresist market is chiefly monopolized by several large enterprises based in Japan, the United States and Taiwan, such as Japan Synthetic Rubber (JSR), DowDuPont, Tokyo Yinghua, Sumitomo Chemical, Taiwan Changxing, etc., and the market concentration is very high.
Top Companies Operating in the Global Positive Photoresist Market:
- JSR
- DowDuPont
- Shin-Etsu Chemical
- Fujifilm Electronics
- Sumitomo Chemical
- Merck
- Allresist
- Avantor Performance Materials
- Microchemicals
- Toyo Ink
- Chimei
- TOK
- NSCC
- LG Chemical
- DNP
- Daxin
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The factors that drive the industry's growth are highlighted in the report. The report divides the Positive Photoresist market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and market size, geographic presence, and development and manufacturing capabilities.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
The adoption of digital technologies by oil, gas, and chemical firms has been fueled primarily by cost savings and greater reliability. Many organizations in these areas saw excellent benefits from advanced market sensing, improved operational optimization, and expanded usage of "in silico" simulations. Companies' existing digital technologies provided an advantage with the abrupt entrance of COVID-19 and the accompanying shutdown of facilities and work sites, but they were often insufficient for the level of remote working and cybersecurity that was suddenly required.
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Positive Photoresist Market Segmentation
By Type (Revenue, USD Million; 2017-2027)
- 7μm - 2.1μm
- 4μm - 4.2μm
- 8μm - 15.0μm
- 8μm - 24.5μm
By Application (Revenue, USD Million; 2017-2027)
- LCDs
- Printed Circuit Boards
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Positive Photoresist market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Positive Photoresist market.
The global Positive Photoresist market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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