Lucintel’s latest market report analyzed that photoresist electronic chemical provides attractive opportunities in the integrated circuit, printed circuit board, and flat panel display markets. The photoresist electronic chemical market is expected to reach $7.0 billion by 2028 with a CAGR of 6.1%. In this market, Integrated circuit is the largest segment by application.
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Based on application, the photoresist electronic chemical market is segmented into integrated circuits, printed circuit boards, flat panel displays, and others. The Integrated circuit segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to expansion of the electronic industry and growing trend of miniaturization in the electrical and electronics industry.
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The Photoresist Electronic Chemical Market is marked by the presence of several big and small players. Some of the prominent players offering photoresist electronic chemical include Air Liquide, Honeywell International, Eastman Chemical Company, Transene Company, Heraeus Holding, Air Products Inc., and BASF SE.
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