Global Photoresist and Photoresist Ancillaries Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Display & Integrated Circuits (ICs), and Printed Circuit Board (PCBs).

By End-User;

Displays & ICs, PCBs, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn131269315 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Photoresist and Photoresist Ancillaries Market (USD Million), 2021 - 2031

In the year 2024, the Global Photoresist and Photoresist Ancillaries Market was valued at USD 3,921.56 million. The size of this market is expected to increase to USD 5,372.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The Global Photoresist and Photoresist Ancillaries Market is experiencing significant growth, primarily driven by the increasing demand for advanced photoresists in the semiconductor and electronics industries. Photoresists are essential materials used in photolithography processes, which are fundamental for the production of microchips, integrated circuits, and various electronic devices. The market has been propelled by the growing need for smaller, more powerful, and energy-efficient electronic devices, as well as the rapid expansion of technologies such as 5G, the Internet of Things (IoT), and artificial intelligence (AI). These innovations require high-performance photoresists that can meet the demands of advanced photolithography processes, contributing to the overall market expansion.

Asia-Pacific holds the largest share of the global photoresist and ancillaries market, with countries like China, South Korea, Japan, and Taiwan leading the way in semiconductor manufacturing. Asia-Pacific’s dominance in electronics production, coupled with its significant investments in semiconductor fabs and R&D, makes it the largest consumer of photoresists and ancillary products. The region is also witnessing rapid advancements in semiconductor manufacturing technologies, including extreme ultraviolet (EUV) lithography, which requires specialized photoresist materials. This has spurred the demand for high-quality photoresists and related ancillaries, particularly in industries like telecommunications, automotive, and consumer electronics.

North America is another key market for photoresists, driven by the presence of leading semiconductor companies such as Intel, Micron Technology, and Texas Instruments. The region’s strong R&D capabilities, combined with increasing demand for advanced microchips in sectors such as telecommunications, automotive, and healthcare, are driving the growth of the photoresist market. Additionally, North America is witnessing the expansion of 5G networks, which require high-performance semiconductors, further boosting the demand for photoresists. Europe also contributes significantly to the market, particularly due to advancements in semiconductor manufacturing and automotive industries, where high-quality photoresists are essential for precision fabrication and the development of next-generation electronics.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Photoresist and Photoresist Ancillaries Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Semiconductor Devices
        2. Growth in Display Technologies
        3. Expansion of IoT and AI Applications
      2. Restraints
        1. Environmental Regulations
        2. Cost of R&D
        3. Supply Chain Disruptions
      3. Opportunities
        1. Development of Eco-Friendly Materials
        2. Miniaturization Trends
        3. Strategic Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Photoresist and Photoresist Ancillaries Market, By Type, 2021 - 2031 (USD Million)
      1. Display & Integrated Circuits (ICs)
      2. Printed Circuit Board (PCBs)
    2. Global Photoresist and Photoresist Ancillaries Market, By End-User, 2021 - 2031 (USD Million)
      1. Displays and ICs
      2. PCBs
      3. Others
    3. Global Photoresist and Photoresist Ancillaries Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Tokyo Ohka Kogyo Co., Ltd.
      2. JSR Corporation
      3. Merck KGaA
      4. DuPont de Nemours, Inc.
      5. Shin-Etsu Chemical Co., Ltd.
      6. Fujifilm Holdings Corporation
      7. Sumitomo Chemical Co., Ltd.
      8. MICRORESIST Technology GmbH
      9. Allresist GmbH
      10. Avantor, Inc.
  7. Analyst Views
  8. Future Outlook of the Market