Enjoy complimentary customisation on priority with our Enterprise License!
The photoresist market size is forecast to increase by USD 952.9 million at a CAGR of 7.08% between 2023 and 2028. The market is driven by the increasing demand for printed circuit boards (PCBs) in various industries, particularly in electronics. These boards require conductive pathways on non-conductive substrates, which are created using photoresist materials. The market is also influenced by advancements in material technology, such as the use of benzene-based aromatic chemicals like phenol, cresol, benzene, toluene, and xylene in the lithography process. However, the market growth is challenged by the slowdown in the semiconductor industry and increasing tax rates. Compact PCB designs and the proliferation of IoT, AI, and intelligent home devices are trends that are expected to boost the market. The ArF immersion segment is expected to dominate the market due to its high resolution and accuracy. In the market, electronic materials manufacturers are focusing on improving the quality and reliability of photoresist materials to meet the demands of compact PCB designs and advanced lithography processes. The edge placement error in photoresist patterns is a critical factor that needs to be addressed to ensure the optimal performance of electronic devices. Therefore, the market is expected to remain competitive, with manufacturers focusing on innovation and cost-effectiveness to gain a competitive edge.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.