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Global photoresist market will reach USD 2.2 billion this year: Report

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Consulting agency TECHCET recently estimated that the global photoresist market will reach US$2.2 billion this year, an increase of about 7% over last year. Due to problems such as raw material supply and logistics, prices will have further upward pressure.

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Moreover, TECHCET also predicts that in addition to photoresists, the market for auxiliary materials used in lithography will also maintain a compound annual growth rate of 5-6% by 2026.

It is worth mentioning that TECHCET believes that Chinese manufacturers are making continuous efforts in the field of lithography materials, which will have a substantial impact on this market in the next few years.

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