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Asia Pacific Photoresist Process Chemicals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Solvents, Binders, Sensitizer, and Others), and Application (Microelectronics, Printed Circuit Boards and Others)

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    Report

  • 99 Pages
  • July 2021
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5416286
UP TO OFF until Mar 31st 2024
Solvents Segment to Dominate Asia Pacific Photoresist Process Chemicals Market during 2020-2028

According to a new market research study on “Asia Pacific Photoresist Process Chemicals Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Product Type, Application and Country,” is expected to reach US$ 2,894.70 million by 2028 from US$ 1,958.16 million in 2020. The market is estimated to grow at a CAGR of 5% from 2020 to 2028. The report provides trends prevailing in the Asia Pacific photoresist process chemicals market along with the drivers and restraints pertaining to the market growth. Rapid growth of semiconductor industry and penetration of internet of things (IoT) and connected devices are the major factors driving the growth of the Asia Pacific photoresist process chemicals market. However, fluctuations in raw material prices may hinder the growth of Asia Pacific photoresist process chemicals market.

In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of photoresist process chemicals manufacturing activities. Downfall of other chemical and materials manufacturing sectors has subsequently impacted the demand for photoresist process chemicals during the early months of 2020. Moreover, decline in the overall semiconductor manufacturing activities has led to discontinuation of photoresist process chemicals manufacturing projects, thereby reducing the demand for photoresist process chemicals. Similar trend was witnessed in other Asia Pacific countries, i.e. Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

The market for Asia Pacific photoresist process chemicals is segmented into product type, application and country. Based on product type, the market is segmented into solvents, binders, sensitizer and others. In 2019, the solvents segment held the largest share in Asia Pacific photoresist process chemicals market. Based on application, the Asia Pacific photoresist process chemicals is bifurcated into microelectronics, printed circuit boards and others. The printed circuit boards segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific photoresist process chemicals market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for photoresist process chemicals.

Enf Technology Co. Ltd. Tokyo Ohka Kogyo Co. Ltd.; Tokuyama Corporation; Dupont; Prolyx Microelectronics Private Limited and Sumitomo Chemical Co. Ltd. are some of the leading companies in the Asia Pacific photoresist process chemicals market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the Asia Pacific Photoresist Process Chemicals Market as follows:


Asia Pacific Photoresist Process Chemicals Market - By Product Type

  • Solvents
  • Binders
  • Sensitizer
  • Others

Asia Pacific Photoresist Process Chemicals Market - By Application

  • Microelectronics
  • Printed Circuit Boards
  • Others

Asia Pacific Photoresist Process Chemicals Market - By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific photoresist process chemicals market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific photoresist process chemicals market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific photoresist process chemicals market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the Asian Pacific Photoresist Process Chemicals Market

What is the estimated value of the Asian Pacific Photoresist Process Chemicals Market?

The Asian Pacific Photoresist Process Chemicals Market was estimated to be valued at $1958.16 Million in 2020.

What is the growth rate of the Asian Pacific Photoresist Process Chemicals Market?

The growth rate of the Asian Pacific Photoresist Process Chemicals Market is 5.0%, with an estimated value of $2894.7 Million by 2028.

What is the forecasted size of the Asian Pacific Photoresist Process Chemicals Market?

The Asian Pacific Photoresist Process Chemicals Market is estimated to be worth $2894.7 Million by 2028.

Who are the key companies in the Asian Pacific Photoresist Process Chemicals Market?

Key companies in the Asian Pacific Photoresist Process Chemicals Market include Enf Technology Co., Ltd., Sumitomo Chemical Co., Ltd., Tokyo Ohka Kogyo Co., Ltd., Tokuyama Corporation, DuPont and Prolyx Microelectronics Private Limited.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Photoresist Process Chemicals Market - By Product Type
1.3.2 Asia Pacific Photoresist Process Chemicals Market - By Application
1.3.3 Asia Pacific Photoresist Process Chemicals Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis formulation
3.2.4 Macro-economic factor analysis
3.2.5 Developing base number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Asia Pacific Photoresist Process Chemicals Market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.3 Expert Opinions
5. Asia Pacific Photoresist Process Chemicals Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Growth of Semiconductor Industry
5.1.2 Penetration of Internet of Things (IoT) and Connected Devices
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Deployment of 5G technology
5.4 Future Trends
5.4.1 Heightening Demand for Medical Electronics such as Rapid Diagnostic Systems After COVID-19
5.5 Impact Analysis of Drivers and Restraints
6. Photoresist Process Chemicals - Asia Pacific Market Analysis
6.1 Asia Pacific Photoresist Process Chemicals Market Overview
6.2 Asia Pacific Photoresist Process Chemicals Market Forecast and Analysis
7. Asia Pacific Photoresist Chemicals Market Analysis - By Product Type
7.1 Overview
7.2 Photoresist Chemicals Market, By Product Type (2019 and 2028)
7.3 Solvent
7.3.1 Overview
7.3.2 Solvent: Photoresist Chemicals Market Analysis and Forecast to 2028
7.4 Binders
7.4.1 Overview
7.4.2 Binders: Photoresist Chemicals Market Analysis and Forecast to 2028
7.5 Sensitizer
7.5.1 Overview
7.5.2 Sensitizer: Photoresist Chemicals Market Analysis and Forecast to 2028
7.6 Others
7.6.1 Overview
7.6.2 Others: Photoresist Chemicals Market Analysis and Forecast to 2028
8. Asia Pacific Photoresist Chemicals Market Analysis - By Application
8.1 Overview
8.2 Photoresist Chemicals Market, By Application (2019 and 2028)
8.3 Microelectronics
8.3.1 Overview
8.3.2 Microelectronics: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Printed Circuit Board
8.4.1 Overview
8.4.2 Printed Circuit Board: Photoresist chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
9. Asia Pacific Photoresist Chemicals Market - Country Analysis
9.1 Overview
9.1.1 APAC: Photoresist Chemicals Market, by Key Country
9.1.1.1 China: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 China: Photoresist Chemicals Market, Product Type
9.1.1.1.2 China: Photoresist Chemicals Market, Application
9.1.1.2 Australia: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 Australia: Photoresist Chemicals Market, Product Type
9.1.1.2.2 Australia: Photoresist Chemicals Market, Application
9.1.1.3 Japan: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 Japan: Photoresist Chemicals Market, Product Type
9.1.1.3.2 Japan: Photoresist Chemicals Market, Application
9.1.1.4 India: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 India: Photoresist Chemicals Market, Product Type
9.1.1.4.2 India: Photoresist Chemicals Market, Application
9.1.1.5 South Korea: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.5.1 South Korea: Photoresist Chemicals Market, Product Type
9.1.1.5.2 South Korea: Photoresist Chemicals Market, Application
9.1.1.6 Rest of APAC: Photoresist Chemicals Market -Revenue and Forecast to 2028 (US$ Mn)
9.1.1.6.1 Rest of APAC: Photoresist Chemicals Market, Product Type
9.1.1.6.2 Rest of APAC: Photoresist Chemicals Market, Application
10. Impact of COVID-19 Pandemic on Asia Pacific Photoresist Process Chemicals Market
10.1 Overview
10.2 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Enf Technology Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Sumitomo Chemical Co., Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Tokyo Ohka Kogyo Co., Ltd.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Tokuyama Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 DuPont
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Prolyx Microelectronics Private Limited
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
12. Appendix
12.1 About
12.2 Glossary of Terms
List of Tables
Table 1. Asia Pacific Photoresist Process Chemicals Market Revenue and Forecasts to 2028 (US$ Mn)
Table 3. China Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 4. China Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 5. Australia Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 6. Australia Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 7. Japan Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 8. Japan Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 9. India Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 10. India Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 11. South Korea Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 12. South Korea Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 13. Rest of APAC Photoresist Chemicals Market, Product Type - Revenue and Forecast to 2028 (US$ Mn)
Table 14. Rest of APAC Photoresist Chemicals Market, Application - Revenue and Forecast to 2028 (US$ Mn)
Table 15. Glossary of Term: Photoresist Process Chemicals Market
List of Figures
Figure 1. Photoresist Process Chemicals Market Segmentation
Figure 2. Asia Pacific Photoresist Process Chemicals Market Segmentation - Country
Figure 3. Photoresist Process Chemicals Market Overview
Figure 4. Microelectronics Segment Held Larger Share of Photoresist Process Chemicals Market In 2019
Figure 5. China Dominated the Asia Pacific Photoresist Process Chemicals Market In 2019
Figure 6. APAC - Pest Analysis
Figure 7. Photoresist Chemicals Market Impact Analysis of Driver and Restraints
Figure 8. Asia Pacific Photoresist Process Chemicals Market Revenue Forecast and Analysis to 2028 (US$ Mn)
Figure 9. Photoresist Chemicals Market Revenue Share, By Product Type (2019 and 2028)
Figure 10. Solvent: Photoresist Chemicals Market Analysis and Forecast to 2028 (US$ Mn)
Figure 11. Binders: Photoresist Chemicals Market Analysis and Forecast to 2028 (US$ Mn)
Figure 12. Sensitizer: Photoresist Chemicals Market Analysis and Forecast to 2028 (US$ Mn)
Figure 13. Others: Photoresist Chemicals Market Analysis and Forecast to 2028 (US$ Mn)
Figure 14. Photoresist Chemicals Market Revenue Share, By Application (2019 and 2028)
Figure 15. Microelectronics: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Printed Circuit Board: Photoresist chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 17. Others: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 18. Asia Pacific: Photoresist Process Chemicals Market, by Key Country - Revenue (2019) (USD Million)
Figure 19. APAC: Photoresist Chemicals Market Revenue Share, by Key Country (2019 and 2028)
Figure 20. China: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 21. Australia: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Japan: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 23. India: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 24. South Korea: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Rest of APAC: Photoresist Chemicals Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Impact of COVID-19 Pandemic in APAC Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Enf Technology Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Tokyo Ohka Kogyo Co., Ltd.
  • Tokuyama Corporation
  • DuPont
  • Prolyx Microelectronics Private Limited