Report Code: A05754 | Nov 2023 | Pages: NA | ||
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Request Now !Photosensitive coating is also known as photoresist coating composition. It is a light-sensitive material used in several processes, such as photoengraving and photolithography to form a patterned coating. The photosensitive coating composition is used to form a conductive film, which comprises conductive nanomaterial and a photosensitive material. Photoresist coating is classified in two types, namely, positive photoresist and negative photoresist. A positive photoresist is a type of photoresist in which the portion of photoresist that is exposed to light becomes soluble to the photoresist developer. In addition, negative photoresist is a type of photoresist in which the portion of the photoresist that is exposed to light becomes insoluble to the photoresist developer.
The growth of the market is mainly driven by increase in demand for photosensitive coating for printing applications. Photosensitive coating market is widely used in manufacturing of printed circuit boards used in electronic systems. Owing to increase in disposable income of consumers, the demand and production of consumer electronics like LED TVs, laptops and smartphones has raised significantly across developing economies like India and China. This factor is expected to increase the demand for printed circuit boards and eventually drive the growth of the market. In addition, the rise in use of spin coating in microelectronics due to its short coating time is expected to drive the market growth. However, photosensitive coating has hazardous effects on the environment and is toxic in nature due to mixing of xylene solvent, which further restrains the overall market growth. Meanwhile, increase in investments on coating R&D for innovating new products for photosensitive coating market is expected to offer lucrative growth opportunities during the forecast period.
The market is segmented on the basis of type, technique, application, and region. By type, it is divided into photo-polymeric, photo-decomposing, and photo-crosslinking. By technique, it is segmented into spin coating, spray coating, and electrodeposition of photoresist. By application, it is classified into microcontact printing, printing circuit board, patterning & etching of substrates, and microelectronics. Region-wise, it is analyzed across  North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East and Africa).Â
Some of the main market players operating in the photosensitive coating industry are Lechler Inc., Hitachi Chemical Co. Ltd., Merck KGaA, Focus Technology Co. Ltd., Toray Industries Inc., Brewer Science, Inc., Nikko-Materials Co. Ltd., TechNova, Kuraray Co. Ltd. and Headway Research Inc.
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Photosensitive Coating Market Report Highlights
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Key Market Players | Lechler, Inc., Brewer Science, Inc., TORAY INDUSTRIES, INC., Merck KGaA, Nikko-Materials Co., Ltd., Headway Research, Inc., Hitachi Chemical Co., Ltd., Focus Technology Co., Ltd, KURARAY Co. Ltd., TechNova |
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