Global Photoresists and Ancillaries Market to Reach US$5.8 Billion by 2030

The global market for Photoresists and Ancillaries estimated at US$4.2 Billion in the year 2024, is expected to reach US$5.8 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2024-2030. G-line, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the ArF Immersion Photoresist segment is estimated at 5.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 8.7% CAGR

The Photoresists and Ancillaries market in the U.S. is estimated at US$1.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.3% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.

Photoresists and Ancillaries - Key Trends and Drivers

Photoresists and ancillaries are crucial materials used in the photolithography process for semiconductor manufacturing and other microfabrication applications. Photoresists are light-sensitive materials that form patterns on a substrate when exposed to ultraviolet (UV) light, enabling the etching of intricate designs onto semiconductor wafers. These patterns serve as templates for building the complex circuitry found in integrated circuits and microelectromechanical systems (MEMS). There are two main types of photoresists: positive and negative. Positive photoresists become soluble when exposed to UV light, allowing the exposed regions to be washed away, whereas negative photoresists become insoluble, leaving the exposed regions intact. Ancillaries, which include developers, edge bead removers, adhesion promoters, and anti-reflective coatings, support the photoresist process by enhancing adhesion, improving resolution, and ensuring accurate pattern transfer.

Recent trends in the photoresists and ancillaries market highlight the push towards advanced semiconductor nodes and the need for high-resolution patterning. As the demand for smaller, faster, and more power-efficient electronic devices grows, the semiconductor industry is moving towards manufacturing processes at sub-10nm scales. This miniaturization requires photoresists with higher sensitivity and resolution capabilities. Extreme Ultraviolet (EUV) lithography is becoming increasingly important in this context, as it allows for finer patterning compared to traditional deep ultraviolet (DUV) lithography. The development of EUV-specific photoresists and corresponding ancillaries is a significant focus for researchers and manufacturers. Additionally, innovations in materials science are leading to the creation of novel photoresist formulations that can better withstand the aggressive etching processes and offer improved performance for next-generation semiconductor devices.

The growth in the photoresists and ancillaries market is driven by several factors. Firstly, the rapid advancement in semiconductor technology, particularly the shift towards EUV lithography, is creating a high demand for advanced photoresist materials that can achieve the necessary resolution and sensitivity for cutting-edge applications. Secondly, the proliferation of consumer electronics, such as smartphones, tablets, and wearable devices, is fueling the demand for smaller and more efficient semiconductor components, thereby increasing the need for high-performance photolithography materials. Thirdly, the automotive industry’s growing reliance on semiconductor technology for advanced driver-assistance systems (ADAS), electric vehicles (EVs), and autonomous driving technologies is further propelling market growth. Additionally, the rise of the Internet of Things (IoT) and the increasing deployment of 5G networks are driving the need for more sophisticated and densely packed semiconductor devices. These technological advancements and the expanding applications of semiconductors across various industries are collectively driving the robust growth of the photoresists and ancillaries market, highlighting its critical role in the ongoing evolution of modern technology.