The global PCB photoresist market size is expected to showcase considerable growth during the forecast period. Fortune Business Insights in its upcoming report, titled, “PCB Photoresist Market, 2021-2029.”, mentions that the rising electronics industry and the growing automotive sector is expected to boost the demand for advanced PCB photoresist materials across the globe.

Market Segmentation:

Based on type, the market is bifurcated into Positive and Negative. On the basis of application, the market is divided into Household appliances, Electronic Gadgets, and Others. Lastly, based on the region, the market is segmented into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa. 

 

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What does the Report Include?

The global market for PCB photoresist report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate that will further contribute to the growth of the market between 2021 and 2029. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

DRIVING FACTORS

Rising Electronic Industry to Promote Growth

The electronics industry consists of diverse manufacturing processes and products. The fast-paced growth of the consumer electronics segment is propelling the manufacturers to develop advanced electronic components. In addition to this, the growing demand for photoresist materials across the automotive sector is expected to boost the global PCB photoresist market growth during the forecast period.

REGIONAL INSIGHTS

Asia-Pacific – The region is expected to hold the largest global PCB photoresist market share in terms of revenue during the forecast period. This is attributable to the presence of large manufacturing bases in countries such as Taiwan and China in the region.

North America – The market is anticipated to experience substantial growth during the forecast period. This is ascribable to factors such as rapid technological development in the electronics sector that is expected to boost the adoption of advanced PCB photoresist materials in the region between 2021 and 2029.

 

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COMPETITIVE LANDSCAPE

Major Companies Invest in R&D Activities to Strengthen Their Market Positions 

The global market for PCB photoresist is fragmented by major companies that are focusing on maintaining their presence. They are doing so by proactively investing in the R&D activities to develop advanced materials to cater to the growing demand from the electronics and automotive sector. Additionally, other key players are adopting organic and inorganic strategies to maintain a stronghold that will contribute to the growth of the market during the forecast period.

Industry Development:

  • February 2020 – DuPont announced the launch of new products to the brands, Pyralux and Riston. These products are developed to address the several set of demands from the manufacturers of advanced electronics.

List of the Companies Operating in the Global Market:

  • Dow chemical company
  • DuPont
  • Merck Group
  • Fujifilm Electronic Materials
  • Sumitomo
  • Shin-Etsu Chemical
  • LG Chem
  • Tokyo Ohka Kogyo
  • JSR Corporation
  • Others

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