Liquid Photoresist Market Analysis:
The global Liquid Photoresist Market was valued at 2530 million in 2024 and is projected to reach US$ 3603 million by 2031, at a CAGR of 5.3% during the forecast period.
Liquid Photoresist Market OverviewThe Liquid Photoresist market covers Positive Photoresist, Negative Photoresist, etc. The typical players include DuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck Group, etc. Liquid photoresist is a negative, water-soluble, alkali developing type and UV sensitive liquid photopolymer.
Regional Insights
- Asia-Pacific dominates the global Liquid Photoresist consumption market with over 85% share.
Key Players
- Chang Chun Group
- Dongjin Semichem
- Merck Group
Top three global companies account for over 25% of the market share.
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Applications
- Semiconductor industry – Largest application, with about 36% market share
- Printed Circuit Board (PCB) industry
- Liquid Crystal Display (LCD) industry
- Demand from semiconductor and LCD applications is experiencing rapid growth.
- Rising Demand from Semiconductor Industry
With semiconductors holding around 36% market share, liquid photoresist demand continues to grow rapidly, driven by innovations in microfabrication and chip design. - Dominance of Asia-Pacific Region
Asia-Pacific accounts for over 85% of global consumption, led by manufacturing hubs like China, South Korea, and Taiwan. - Shift Toward Advanced Types (ArF & KrF)
Manufacturers are investing in advanced types like ArF and KrF to meet high-resolution requirements in semiconductor applications. - Growing Use in LCD and PCB Industries
LCD and PCB sectors are witnessing fast growth in demand, supported by consumer electronics and industrial applications. - Market Consolidation Among Top Players
Global top three companies control over 25% market share, indicating consolidation and strategic collaborations in the market. - Total Market by Segment:
- Global Liquid Photoresist market, by Type, 2020-2025, 2026-2031 ($ millions) & (MT)
Global Liquid Photoresist market segment percentages, by Type, 2024 (%)- Positive Photoresist
- Negative Photoresist
- Global Liquid Photoresist market, by Application, 2020-2025, 2026-2031 ($ Millions) & (MT)
Global Liquid Photoresist market segment percentages, by Application, 2024 (%)- Semiconductors & ICS
- LCDs
- Printed Circuit Boards
- Others
- Competitor Analysis
The report also provides analysis of leading market participants including:- Key companies Liquid Photoresist revenues in global market, 2020-2025 (estimated), ($ millions)
- Key companies Liquid Photoresist revenues share in global market, 2024 (%)
- Key companies Liquid Photoresist sales in global market, 2020-2025 (estimated), (MT)
- Key companies Liquid Photoresist sales share in global market, 2024 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- DuPont
- Fujifilm Electronic Materials
- Tokyo Ohka Kogyo
- Merck Group
- JSR Corporation
- LG Chem
- Shin-Etsu Chemical
- Sumitomo
- Chimei
- Daxin
- Everlight Chemical
Q: What are the key driving factors and opportunities in the Liquid Photoresist market?
A: Rising demand from the semiconductor and electronics industries, along with emerging applications in LCDs and PCBs, are key drivers. Growth in flexible electronics and automotive IoT offers strong future opportunities.
Q: Which region is projected to have the largest market share?
A: The Asia-Pacific region dominates the market with over 85% of global consumption due to the strong presence of semiconductor and electronics manufacturers.
Q: Who are the top players in the global Liquid Photoresist market?
A: Leading players include DuPont, Fujifilm Electronic Materials, Tokyo Ohka Kogyo, Merck Group, Chang Chun Group, and Dongjin Semichem.
Q: What are the latest technological advancements in the industry?
A: The industry is focusing on the development of ArF and KrF photoresists for high-resolution applications in advanced semiconductor manufacturing.
Q: What is the current size of the global Liquid Photoresist market?
A: The market was valued at USD 2,530 million in 2024 and is projected to reach USD 3,603 million by 2031, growing at a CAGR of 5.3%.