Los Angeles, December 3, 2019 –QY Research recently published report titled, “Global Etching Resist Ink Market Research Report 2019”. The global etching resist ink market was valued at US$108.59 mn in 2018, and is expected to reach around US$144.25 mn by the end of 2025, rising at a CAGR of over 4% during 2018-2025.
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Increasing Demand of Printed Circuit Boards from Electronic Sector to Boost Market
Etching resist ink is majorly used for semiconductor circuits, printed circuit boards, and metals. Semiconductor circuits and printed circuit boards are majorly used in electronic, metals, and construction sectors. The inks used for etching should be suitable for forming micro pattern and staying unharmed in different conditions. Thus, etching inks have properties such as high covering power, high adhesion, wear resistance, and operational tolerance limit against an etching solution containing water.
Furthermore, they are increasing gaining popularity as they can be used for stamping, printing, and others process providing leveled ink coating with no separation, sharp definition, high accuracy, and resistance to most common acid etching solutions like ferric chloride, cupric chloride, and ammonium persulphate. The advantages of using these inks is that they reduce the degree of undercut, cause less pollution, low skin and eye irritation, and others. This is expected to boost the uptake of etching inks in the electronics sector.
Better Adhesion and Covering Power to Fuel Photoimageable Segments
The global etching resist ink market is segmented by type and application. The type segment include photoimageable, UV curable, and thermal curable. Photoimageable segment is expected to rise drastically as their adhesion and covering power are better than dry film. The application segment include PCB etching, metal etching, and others.
Asia Pacific to Hold Largest Share in Market
Asia Pacific is expected to dominate the market due to the rapid growth of electronic devices and telecommunication products. The increasing shifting towards electric vehicles due to growing environmental concerns and new government regulations will also be effective in propelling the market in the region.
Manufacturers to Focus on Targeting Different Sectors for Etching Resist Ink
The global inkjet brand of Sun Chemical and DIC will present their most recent developments, inkjet chemistry in InPrint Munich 2019. They will collaborate on development projects with OEM partners, print head, and system integrators for current and future applications across a number of market sectors. These sectors may include electronics, textile, and industrial. The new inkjet ink can consistently ensure smooth printing, shortened printer cleaning times, lower printer cleaning costs, and reduced substrate and ink waste. This product will cater to the growth in printed electronics and touch-screen technology applications.
The manufacturers covered in the report include Taiyo Holdings, Shenzhen RongDa, Hong Kong Rockent Industries, Nan Ya Plastics, Sun Chemical, Seoul Chemical Research Laboratory, Agfa Corporation, Dongguan Lanbang, Asahi Chemical Research Laboratory, Tiflex, Nazdar, and others.
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