Photoresist chemical are widely used in manufacturing of semiconductors
The semiconductor industry is expected to continue to propel the market for photoresist chemicals. According to recent research, in May 2018, semiconductor sales reached US$38.7 billion, up 21.0% from the previous year. Despite these promising numbers, strict regulations are limiting the growth of the photoresist chemicals market. But, the industry will continue to benefit from photoresist chemicals' wide range of applications in the semiconductor industry. The market is likely to grow at a rapid pace in the coming years. Several companies are involved in the photoresist chemicals market. Various companies have recently launched new photoresist strippers such as SVD and SH5 to address the needs of various end-user industries. With a growing number of manufacturers developing products, the market for photoresist chemicals is expected to increase.