The Europe photoresist and photoresist ancillaries market was valued at US$ 508.3 million in 2018 and is expected to grow at a CAGR of 5.6% during 2019-2027 to reach US$ 830.9 million by 2027.
Photoresists are light-sensitive polymeric resins mainly used in the production of printed circuit boards, printing plates, flat-panel liquid crystal displays, magnetic recording heads, and micro electromechanical systems (MEMS). These components serve as masking materials for the transfer of images into an underlying substrate via etching processes. Photoresist ancillaries are materials such as photoresist strippers, anti-reflective coatings, developers, and edge bead removers used along with photoresist. The photoresists and photoresist ancillaries are used in wiring configuration of multi-layered semiconductors used in the manufacturing computers, laptops, music players, phones, servers, and household appliances. The electronic industry is witnessing steady growth in developed and developing countries. The companies operating in this field use photoresist and photoresist ancillaries in products such as advanced telephones, computer systems, and related accessories, televisions and home entertainment equipment, and electronic control and monitoring devices, which have applications in many industrial and scientific areas.
The Europe photoresist and photoresist ancillaries market, based of photoresist type, is segmented into ArF immersion photoresist, ArF dry photoresist, KrF photoresist, and G-line & I-line photoresist. In 2018, The ArF immersion photoresist segment holds the largest share of the Europe photoresist and photoresist ancillaries market. ArF immersion photoresist are defined as the photoresist materials in the 193 nm range and are widely used to manufacture products such as smart phones, PCs, automobiles, electrical appliances, and others. They may be categorized by 65 nm/120 nm pitch dense contact hole or 65 nm/180 nm pitch semi-dense contact hole, and 65 nm ISO contact hole. They are considered as an excellent process window displaying critical dimension (CD) uniformity allowing better profile shape of the product. Also, the overall process costs are minimized as the topcoat is used in these materials. Further, they exhibit superior DOF margin, minimal defectivity, and excellent lithography with low Mask Error Enhancement Factor (MEEF).
The Europe photoresist and photoresist ancillaries market, based on photoresist ancillaries type, is segmented into anti-reflective coatings, remover, developer, and others. The remover segment holds the largest share of the Europe photoresist and photoresist ancillaries market. The edge bead removers are extensively deployed in photolithography mechanism for eliminating the edge bead build-ups at the time of spring coating process. Various industrial capabilities have established integrated edge-bead removal system within their spin stations. These removers are comparatively more effective on multi-layer products than on the single-layer devices. Edge bead removers are purposely designed to immediately initiate the process of removal by directing a stream of the removers near the edge of the wafer when it is spinning. Under the controlled spin speed and proper handling of edge bead remover’s nozzle position, the resist edge bead is eliminated. Several companies are involved in manufacturing of a complete line of edge bead remover solutions that can offer world-class edge bead removal along with ensuring maintenance of the industry standard for purity, packaging, and environmental protection. Companies such as DuPont and Kayaku Advanced Materials, Inc. are involved in providing solutions related to edge bead removers.
The Europe photoresist and photoresist ancillaries market, based on application, is segmented into semiconductors and ICS, LCDS, printed circuit boards, others, and others. The semiconductors and ICs segment holds the largest share of the Europe photoresist and photoresist ancillaries market. Semiconductors are known as the devices composed of materials that perform under specific conditions. ICs are the smaller version of circuit boards that are formed of several small electronic components including capacitors, resistors, and transistors. ICs find application in several electronic devices, such as PCs & laptops, smart phones, mobile devices, and other electronic devices. The surge in demand for the high component-density of devices has propelled the increased utilization of photoresist materials. The higher density of electronic devices boosts its multi-functionality along with speed and minimizes its surface area.
The Europe photoresist and photoresist ancillaries market is segmented into Germany, the UK, Italy, France, and the Rest of Europe. Germany holds the largest share of the Europe photoresist and photoresist ancillaries market, followed by the UK. Germany has a developed electronics and semiconductor industry. Renowned research and development institutes and leading manufacturers and suppliers for electrical and electronic materials, components, and equipment have an extensive presence in Germany. The electronic sector is a leading producer of electronic products ranging from microelectronic components to electrical household appliances, automation systems, electronic medical equipment, and automotive electronics. This propels the growth of photoresist and photoresist ancillaries market in Germany.
Impact of COVID-19 Pandemic on Photoresist and Photoresist Ancillaries Market
In Europe, Italy is the hardest-hit country by the Covid-19 outbreak. It is expected to suffer an economic hit due to the lack of revenue generation from various industries as Italy recorded the highest number of Covid-19 cases. Other member states have implemented drastic measures and restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
A few players present in the Europe photoresist and photoresist ancillaries market are MERCK KGaA, Sumitomo Chemical Co., Ltd., TOKYO OHKA KOGYO CO., LTD., Micro Resist Technology GmbH, ALLRESIST GmbH, Shin-Etsu Chemical Co., Ltd., DJ Microlaminates, Inc., and DuPont de Nemours, Inc.
The overall Europe photoresist and photoresist ancillaries market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Europe photoresist and photoresist ancillaries market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe photoresist and photoresist ancillaries market.