Lucintel's latest market report analyzed that lithography material provides attractive opportunities in the automotive, consumer electronic, and IT & telecommunication industries. The lithography material market is expected to reach $4.9 billion by 2028 with a CAGR of 4.2%. In this market, photoresist material is the largest segment by material, whereas consumer electronics is largest by application.
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Based on material, the lithography material market is segmented into photoresist materials and ancillary materials. The photoresist materials 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 their radiation sensitivity properties or they contain a photosensitive ingredient that creates a reactive species when exposed to light.
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The Lithography Material Market is marked by the presence of several big and small players. Some of the prominent players offering lithography material include Tokyo Ohka Kogyo, JSR Corporation, DuPont de Nemours, Shin-Etsu Chemical, and Fujifilm.
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