The global photoresist and photoresist ancillaries market size is estimated to be USD 3.3 billion in 2020 and projected to reach USD 4.2 billion by 2025, at a CAGR of 4.8%. A photoresist is a light-sensitive material applied to a substrate during photolithography or photoengraving to enable the desired pattern to be imaged, i.e., a properly exposed and developed photoresist masks portions of the substrate with extremely high precision. The growing semiconductor demand and upcoming nanoelectromechanical systems (NEMS) are expected to drive the global photoresist and photoresist ancillaries market.
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The anti-reflective coatings segment is projected to register an above-average CAGR between 2020 and 2025 due to its properties, such as preventing light spreading and high resolution. Due to the growing usage of photoresist, the demand for ancillaries is also expected to grow in tandem.
The G-line segment is projected to register the fastest growth between 2020 and 2025 due to its increasing application in the production of various types of sensors. The major end-use applications are automotive power semiconductors, sensors, and LCDs. The G-line segment will be driven by the growth of automotive power semiconductors and sensors during the forecast period.
The leading players in the global photoresist and photoresist ancillaries market includes Tokyo Ohka Kogyo Co., Ltd (Japan), JSR Corporation (Japan), DuPont (US), Shin-Etsu Chemical Co., Ltd (Japan), Fujifilm Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ALLRESIST (Germany), Merck Group (Germany), Micro Resist Technology (Germany), and DJ MicroLaminates (US).
JSR Corporation (Japan) is one of the most extensive rubber & chemical solutions offering companies worldwide. The company operates through four business segments: elastomers business, plastic business, digital solution business, and lifesciences business. It offers photoresist materials under the digital solution business. The company has its presence in 41 overseas locations, including the US, Europe, China, South Korea, Taiwan, and Thailand.
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TOKYO OHKA KOGYO CO., LTD is a material manufacturing company focusing mainly on photoresists and high purity chemicals for the photolithography process of semiconductor and display, processing equipment for semiconductor and display manufacturing, and inorganic and organic chemicals. The company headquarters is in Japan and operates through two business segments: material business and equipment business. The company offers photoresist products through the material business segment. Moreover, it has a strong presence in APAC, North America, and Europe.
In July 2020, Tokyo Ohka Kogyo (TOK) advanced materials announced that it had started producing extreme ultraviolet (EUV) in its facility at Songdo, Incheon. The step has been taken to serve Samsung electronics as it has increased the use of EUV based lithography for chip production
In February 2020, JSR Corporation invested in Inpria Corporation by joining its Series C funding round designed to promote its initiatives for commercializing EUV (Extreme Ultraviolet) photoresist.
In February 2020, DuPont introduced three new types of photoresists, namely Riston DI3000, Riston DI5100, and Riston DI 9200.
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