This report studies the LCD Photoresists market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
LCD photoresists is a large class of photoresist. Their main ingredients include resins, photosensitive agents, solvents and additives, and other components, mainly Color resist, Black Matrix Resist, Overcoat Resist, Photo Spacer and others.
Color resists, generally known as photoresist(s), are used to form color filter layers of LCD panels consisted of red, green and blue colors, they are key materials in determining color saturation and contrast for displays.
Color resists are produced by mixing pigments and polymeric binders together, with later additions of dispersants and solvents to create formulations that protect color underlayers during curing processes. The color resists predominantly provide resistance to fading, thermal and chemical degradation, but also provide secondary protection for parts created in the lattice formations that require further treatments and processing during LCD manufacturing.
Black Matrix is arranged in the form of stripes, grids or mosaics between color patterns of the Red, Green and Blue pixel arrays in the color filter. This product is designed for high light-shielding properties to increase the contrast ratio of LCD panels. Additionally, black matrix is deposited to a glass substrate to prevent leakage of backlight and color mixing from adjacent pixel formations, which also enhances contrast.
The LCD photoresists industry concentration is high; there are few manufacturers in the world, and high-end products mainly from Japan, South Korea and Taiwan.
Global giant manufactures mainly distributed in Japan, South Korea and Taiwan. The manufacturers in Japan have a long history and unshakable status in this field. Manufacturers JSR and MCC have relative higher level of product’s quality. As to South Korea, SUMITOMO (Dongwoo) has become as a global leader. In Taiwan, Chimei leads the technology development.
Many companies have several plants, usually located in the place close to aimed consumption region.
The key consumption markets locate at China and South Korea. The South Korea and China takes the market share over 60%, followed by Taiwan with 26.40%. China’s consumption market has a quicker growing speed of CAGR 31.4%.
We tend to believe this industry should have a stable development in the next few years.
The global LCD Photoresists market was 1130 million US$ in 2017 and is expected to 1350 million US$ by the end of 2025, growing at a CAGR of 2.2% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LCD Photoresists in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global LCD Photoresists market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of LCD Photoresists market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global LCD Photoresists manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LCD Photoresists with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of LCD Photoresists submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of LCD Photoresists are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LCD Photoresists market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of LCD Photoresists market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.