Los Angeles, CA -- (SBWIRE) -- 08/02/2019 -- The global negative photoresist chemicals market is projected to exhibit a moderate growth rate during the forecast period. Market revenue is prophesied to improve with the increase in research and development of photoresist chemicals and their applications in key end-use industries. Increase in the demand for dynamic display technology is prognosticated to fuel the global market growth. Application of negative photoresist chemicals as effective rinses for the unexposed type of negative photoresists is anticipated to create opportunities in the global market. Some of the popular applications of negative photoresist chemicals are photoengraving and photolithography.
Growth of Electronics Industry to Positively Influence Global Market
The global negative photoresist chemicals market is anticipated to attract growth due to the rise of the electronics industry gaining from the increasing demand for technologically sophisticated electronic products. Vendors are expected to boost their sales on the back of the rise in installation of photovoltaic systems because of the growing demand for energy. The global market is foreseen to witness a new trend with the introduction of negative photoresist chemicals with proprietary solvent blends. The use of negative photoresist chemicals in stripping negative photoresists from gallium arsenide, chrome, silicon, and other substrates is predicted to highlight the global market.
Important Points to Remember
? High demand for advanced electronic products to push the growth of the global negative photoresist chemicals market
? Asia Pacific to attain significant growth in the global negative photoresist chemicals market
? Strategic agreement to be adopted as an important tactic to attract more business in the global negative photoresist chemicals market
? Negative photoresist chemicals with proprietary solvent blends to create a new trend in the global market
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Report Compilation
QY Research uses various factual inputs as part of its comprehensive research process. Some of these inputs are regional intelligence, authentic statistics, and expert views of key industry participants. The researchers use advanced analytics models and tools to estimate the market share and size of global markets as well as their segments and sub-segments. QY Research adopts a 360-degree data evaluation methodology to compile reliable, accurate, and detailed research studies.
The recommendations and suggestions provided in this report could help players to attain considerable growth in the global negative photoresist chemicals market. They have been provided after careful assessment of important market dynamics, key regions and segments, price, sales growth, and other factors. The report has been prepared with the help of latest primary and secondary research techniques and top-down and bottom-up approaches.
Vendors to Adopt Alliance and Agreement as Key Strategies
The global negative photoresist chemicals market marks the presence of important players such as Fujifilm Holdings America Corporation, Mitsui Chemicals America, Inc., The Dow Chemical Company, Shiny Chemical Industrial Co., Ltd., Transene Company, Inc., MicroChem Corp, Sumitomo Chemical Advance Technologies, JSR Corporation, and Tokyo Ohka Kogyo America, Inc.
Among key vendors is Fujifilm Holdings America Corporation, which manufactures products for a range of industries including biopharmaceutical contract manufacturing, regenerative medicine, pharmaceutical, medical imaging and informatics, and photographic. Its industrial segments include graphic arts products and services. In May 2019, it announced marketing alliance with Skylum, a US software development company, for providing photographers with interactive opportunities, education, and premium tools that the two companies have to offer.
By Type
? Thinner
? Developer
? Stripper
? Rinse
By Coating Type
? Dip
? Spin
? Spray
By End Use
? Printed Writing Boards
? Silicon Wafers
? Photolithography
? Others
By Region
On the geographical front, the global negative photoresist chemicals market is foretold to witness substantial growth of Asia Pacific due to the rise of the electronics industry in countries such as China and India. Increase in the number of photovoltaic installations could be another factor augmenting the demand for negative photoresist chemicals in the region.
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