Global Thick Film Photoresist Market Size, Share, Growth Analysis Report - Forecast 2034

Thick Film Photoresist Market

Thick Film Photoresist Market By Type of Photoresist (Positive Photoresist, Negative Photoresist, Hybrid Photoresist), By Application (Microelectronics, Optoelectronics, MEMS (Micro-Electro-Mechanical Systems), Solar Cells, Packaging Solutions), By End-Use Industry (Consumer Electronics, Automotive, Aerospace and Defense, Healthcare and Medical Devices, Telecommunications), By Formulation (Solvent-Based Formulation, Water-Based Formulation, Powder-Based Formulation), By Thickness Level (Low Thickness (up to 10 andmicro;m), Medium Thickness (10 andmicro;m to 50 andmicro;m), High Thickness (above 50 andmicro;m)), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Chemical & Materials Report Format : PDF Pages: 208 Report Code: ZMR-7524 Published Date: Jun-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 178.4 Million USD 374.25 Million 7.1% 2024

Global Thick Film Photoresist Market: Industry Perspective

The global thick film photoresist market size was worth around USD 178.4 Million in 2024 and is predicted to grow to around USD 374.25 Million by 2034 with a compound annual growth rate (CAGR) of roughly 7.1% between 2025 and 2034. The report analyzes the global thick film photoresist market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the thick film photoresist industry.

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Global Thick Film Photoresist Market: Overview

A photoresist, often referred to as a resist, is a substance that reacts to light and is employed in several techniques, including photolithography and photoengraving, to create patterned coatings on surfaces. In the electronics sector, this procedure is essential. A substrate is first coated with a light-sensitive organic substance in the procedure. The surface is then covered with a pattern mask to filter light, exposing just the areas of the material that are not covered. The surface is subsequently treated with a developer, a kind of solvent. The developer will dissolve away the areas that were exposed to light in the event of a positive photoresist, leaving behind a coating where the mask was applied. Light degrades the photo-sensitive material in this scenario. In the case of a negative photoresist, the photosensitive substance is reinforced (either polymerized or cross-linked) by light, and the developer will only remove the parts that were not exposed to light, leaving a coating in the places where the mask was not applied.

Global Thick Film Photoresist Market: Growth Drivers

Increasing automotive industry drives market growth

Autonomous driving technology, radar systems, and other electronic components are continuously being incorporated into the automobile industry. High-performance automobile electronics may be produced using thick film photoresists. Thus, the growing automotive industry is expected to drive the global thick film photoresist market growth over the forecast period. For instance, according to a report by ACEA, the number of new cars registered worldwide in 2022 increased to 66.2 million units as sales increased in the final three months of the year. The trend in demand, nevertheless, is still significantly below pre-pandemic 2019 levels. Thereby, driving the revenue growth of the market.

Thick Film Photoresist Market: Restraints

Availability of substitutes hamper the market growth

One of the key barriers for the thick film photoresist industry is competition from developing non-photolithographic methods like direct laser writing and thin film photoresists. Adoption of thick film photoresists in particular applications may be hampered by the availability of alternatives that have better resolution, economic viability, or environmental sustainability. Thus, this is expected to act as a major restraining factor to the market growth during the forecast period.

Thick Film Photoresist Market: Opportunities

The rapid expansion of 5G networks offers an attractive opportunity for market growth

Thick film photoresists have an opportunity to be used in the manufacturing of RF (Radio Frequency) components, including filters, amplifiers, and switches, which are crucial for 5G infrastructure due to the worldwide deployment and expansion of 5G networks. For instance, according to the report published by Ericsson, by the end of 2022, 4G population coverage had reached over 85% worldwide, and by 2028, it was expected to have reached over 95%. Currently, 816 4G networks are operating globally, 336 of which have been upgraded to LTE-Advanced, and 62 of which provide gigabit speeds. Additionally, there have been about 240 networks launched globally as part of the ongoing 5G rollout. By the end of 2022, around 35 percent of the world's population will have access to 5G; by 2028, that number is expected to rise to almost 85 percent. Therefore, the aforementioned stats are expected to offer a lucrative opportunity for thick film photoresist market growth over the forecast period.

Thick Film Photoresist Market: Challenges

Environmental and regulatory concern poses a challenge to market growth

Stricter compliance requirements and higher manufacturing costs may result from environmental restrictions and worries about the potentially harmful chemicals used in particular photoresist materials. Alternatives that are greener and more sustainable may be needed by businesses; nevertheless, these can be expensive and influence profit margins. Thus, this is expected to pose a major challenge to the market growth during the forecast period.

Key Insights

  • As per the analysis shared by our research analyst, the global thick film photoresist market is estimated to grow annually at a CAGR of around 7.1% over the forecast period (2025-2034).
  • Regarding revenue, the global thick film photoresist market size was valued at around USD 178.4 Million in 2024 and is projected to reach USD 374.25 Million by 2034.
  • The thick film photoresist market is projected to grow at a significant rate due to rising demand in semiconductor and electronics manufacturing, advancements in microfabrication technologies, and increasing applications in MEMS, sensors, and advanced packaging solutions.
  • Based on Type of Photoresist, the Positive Photoresist segment is expected to lead the global market.
  • On the basis of Application, the Microelectronics segment is growing at a high rate and will continue to dominate the global market.
  • Based on the End-Use Industry, the Consumer Electronics segment is projected to swipe the largest market share.
  • By Formulation, the Solvent-Based Formulation segment is expected to dominate the global market.
  • In terms of Thickness Level, the Low Thickness (up to 10 andmicro;m) segment is anticipated to command the largest market share.
  • Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

Global Thick Film Photoresist Market: Report Scope

Report Attributes Report Details
Report Name Thick Film Photoresist Market
Market Size in 2024 USD 178.4 Million
Market Forecast in 2034 USD 374.25 Million
Growth Rate CAGR of 7.1%
Number of Pages 208
Key Companies Covered JSR, TOKYO OHKA KOGYO CO.Ltd. (TOK), Merck KGaA (AZ), DuPont, Shin-Etsu, Allresist, Futurrex, KemLab™ Inc, Youngchang Chemical, Everlight Chemical, Crystal Clear Electronic Material, Kempur Microelectronics Inc, Xuzhou B & C Chemical, and others.
Segments Covered By Type of Photoresist, By Application, By End-Use Industry, By Formulation, By Thickness Level, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA)
Base Year 2024
Historical Year 2020 to 2024
Forecast Year 2025 to 2034
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Thick Film Photoresist Market: Segmentation Analysis

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The global thick film photoresist market is segmented based on Type of Photoresist, Application, End-Use Industry, Formulation, Thickness Level, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on Type of Photoresist, the global thick film photoresist market is divided into Positive Photoresist, Negative Photoresist, Hybrid Photoresist.

On the basis of Application, the global thick film photoresist market is bifurcated into Microelectronics, Optoelectronics, MEMS (Micro-Electro-Mechanical Systems), Solar Cells, Packaging Solutions.

By End-Use Industry, the global thick film photoresist market is split into Consumer Electronics, Automotive, Aerospace and Defense, Healthcare and Medical Devices, Telecommunications.

In terms of Formulation, the global thick film photoresist market is categorized into Solvent-Based Formulation, Water-Based Formulation, Powder-Based Formulation.

By Thickness Level, the global Thick Film Photoresist market is divided into Low Thickness (up to 10 andmicro;m), Medium Thickness (10 andmicro;m to 50 andmicro;m), High Thickness (above 50 andmicro;m).

The Regional, segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Global Thick Film Photoresist Market: Regional Analysis

The global thick film (or thick layer) photoresist market is heavily region-diversified, with the Asia–Pacific region controlling the lion’s share (around 40–45 % of revenue in 2023–24) and also leading in growth (projected CAGR 7–9 %) due to its major semiconductor hubs in China, Japan, South Korea, and Taiwan and heavy investments in advanced packaging and MEMS. North America ranks second (about 22–30 % share) and grows moderately (CAGR ~5–6 %), thanks to strong R&D, semiconductor infrastructure, and automotive electronics . Europe holds roughly 18–20 %, with steady ~4–5 % CAGR, driven by packaging technologies, automotive and electronics sectors, and increasing eco‑friendly resist adoption . Emerging markets—Latin America, the Middle East, and Africa—together contribute a smaller slice (~12–15 %) but are enjoying rising demand fueled by electronics, urbanization, and infrastructure growth, despite regulatory and supply‑chain challenges .

Global Thick Film Photoresist Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the thick film photoresist market on a global and regional basis.

The global thick film photoresist market is dominated by players like:

  • JSR
  • TOKYO OHKA KOGYO CO.Ltd. (TOK)
  • Merck KGaA (AZ)
  • DuPont
  • Shin-Etsu
  • Allresist
  • Futurrex
  • KemLab™ Inc
  • Youngchang Chemical
  • Everlight Chemical
  • Crystal Clear Electronic Material
  • Kempur Microelectronics Inc
  • Xuzhou B & C Chemical

Global Thick Film Photoresist Market: Segmentation Analysis

The global thick film photoresist market is segmented as follows;

By Type of Photoresist

  • Positive Photoresist
  • Negative Photoresist
  • Hybrid Photoresist

By Application

  • Microelectronics
  • Optoelectronics
  • MEMS (Micro-Electro-Mechanical Systems)
  • Solar Cells
  • Packaging Solutions

By End-Use Industry

  • Consumer Electronics
  • Automotive
  • Aerospace and Defense
  • Healthcare and Medical Devices
  • Telecommunications

By Formulation

  • Solvent-Based Formulation
  • Water-Based Formulation
  • Powder-Based Formulation

By Thickness Level

  • Low Thickness (up to 10 andmicro;m)
  • Medium Thickness (10 andmicro;m to 50 andmicro;m)
  • High Thickness (above 50 andmicro;m)

Global Thick Film Photoresist Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Table Of Content

Methodology

FrequentlyAsked Questions

A photoresist, often referred to as a resist, is a substance that reacts to light and is employed in several techniques, including photolithography and photoengraving, to create patterned coatings on surfaces. In the electronics sector, this procedure is essential. A substrate is first coated with a light-sensitive organic substance in the procedure. The surface is then covered with a pattern mask to filter light, exposing just the areas of the material that are not covered. The surface is subsequently treated with a developer, a kind of solvent.

The global thick film photoresist market is expected to grow due to increasing demand for advanced packaging technologies in semiconductors, the miniaturization and growing complexity of electronic devices (like those for AI, 5G, and IoT), and the rising adoption of MEMS and 3D integration applications.

According to a study, the global thick film photoresist market size was worth around USD 178.4 Million in 2024 and is expected to reach USD 374.25 Million by 2034.

The global thick film photoresist market is expected to grow at a CAGR of 7.1% during the forecast period.

Asia-Pacific is expected to dominate the thick film photoresist market over the forecast period.

Leading players in the global thick film photoresist market include JSR, TOKYO OHKA KOGYO CO.Ltd. (TOK), Merck KGaA (AZ), DuPont, Shin-Etsu, Allresist, Futurrex, KemLab™ Inc, Youngchang Chemical, Everlight Chemical, Crystal Clear Electronic Material, Kempur Microelectronics Inc, Xuzhou B & C Chemical, among others.

The report explores crucial aspects of the thick film photoresist market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

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