Market Overview:
The global photosensitive material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductors and LCD panels. Additionally, the growing demand for smartphones and other consumer electronics is also contributing to the growth of this market. The positive-type photosensitive material segment is expected to dominate the global photosensitive material market during the forecast period. This segment accounted for more than two-thirds of the total market share in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
Photosensitive Material is a material that can be used to create a photoengraving, which is an image that has been carved into metal or other hard surfaces. The image is created by using light to change the properties of a photosensitive material, which can then be used to etch an image into another surface.
Positive-type Photosensitive Material:
Positive-type photosensitive material is a new concept in the market. It's usage and growth factor in the global photosensitive material market is still under observation. The positive type of this product can be defined as an organic compound that when exposed to light, changes its physical properties such as shape, color or reactivity.
Negative-type Photosensitive Material:
Negative-type photosensitive material is a photochemical agent that absorbs light when it is exposed to sunlight. It has the ability to darken when placed in the path of direct sunlight. This material was developed as an alternative to positive-type photosensitive materials, which tend to bleach (lighten) when exposed to strong light sources such as incandescent lamps and halogen lights.
Application Insights:
LCD panel application segment led the global photosensitive material market in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for liquid crystal displays (LCDs) in various end-use industries such as consumer electronics, display panels for backlighting products, and flat panel television sets.
The semiconductor application segment is expected to witness significant growth over the forecast period owing to rising demand from various electronic devices such as mobile phones, laptops/notebooks, cameras/camcorders etc. Rising disposable income levels coupled with growing population across the globe has resulted in increased consumption of electronic devices which has further propelled product demand globally.
Other applications include solar cells & concentrators and energy storage systems among others which are majorly used in renewable energy generation applications worldwide due largelyto their efficiency when exposedto light or sunlight.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its position during the forecast period owing to high demand from end-use industries, such as electronics and IT. In addition, rising adoption of digital technology in various sectors including education, healthcare, transportation and others is anticipated to propel industry growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions due to increasing awareness among people about advanced technologies such as LED lighting and solar energy generation along with growing disposable income levels especially in China and India. Rising investments by governments for developing infrastructure are also expected drive product demand over the forecast period. For instance; Government of India has planned ‘Smart Cities’ project which includes establishment of new municipal corporations & cities; development of transport infrastructure; improvement & upgradation of existing urban facilities including water supply & sanitation; housing etc.
Growth Factors:
- Increasing demand for OLED displays in consumer electronics
- Rising demand for photosensitive materials in the medical field
- Growing popularity of 3D printing technology
- Proliferation of digital photography and image-sharing platforms
- Advances in nanotechnology that enable development of more sensitive photo detectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Photosensitive Material Market Research Report
By Type
Positive-type Photosensitive Material, Negative-type Photosensitive Material
By Application
Semiconductor, LCD Panel, Others
By Companies
Toyo Gosei Co., Ltd, Sekisui Chemical, Asahi Kasei Corporation, Showa Denko Materials, JNC Corporation, Sumitomo Bakelite Company Limited, MURAKAMI CO., LTD., Nantong Stars Synthesize Material Limited Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Photosensitive Material Market Report Segments:
The global Photosensitive Material market is segmented on the basis of:
Types
Positive-type Photosensitive Material, Negative-type Photosensitive Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor, LCD Panel, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toyo Gosei Co., Ltd
- Sekisui Chemical
- Asahi Kasei Corporation
- Showa Denko Materials
- JNC Corporation
- Sumitomo Bakelite Company Limited
- MURAKAMI CO., LTD.
- Nantong Stars Synthesize Material Limited Company
Highlights of The Photosensitive Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Positive-type Photosensitive Material
- Negative-type Photosensitive Material
- By Application:
- Semiconductor
- LCD Panel
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photosensitive Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Photosensitive material is a material that can be sensitized to light and then react in a specific way when exposed to light. This reaction can cause the material to change its physical or chemical properties.
Some of the major players in the photosensitive material market are Toyo Gosei Co., Ltd, Sekisui Chemical, Asahi Kasei Corporation, Showa Denko Materials, JNC Corporation, Sumitomo Bakelite Company Limited, MURAKAMI CO., LTD., Nantong Stars Synthesize Material Limited Company.
The photosensitive material market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photosensitive Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Photosensitive Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photosensitive Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Photosensitive Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Photosensitive Material Market Size & Forecast, 2020-2028
4.5.1 Photosensitive Material Market Size and Y-o-Y Growth
4.5.2 Photosensitive Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Positive-type Photosensitive Material
5.2.2 Negative-type Photosensitive Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 LCD Panel
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photosensitive Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Photosensitive Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Positive-type Photosensitive Material
9.6.2 Negative-type Photosensitive Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 LCD Panel
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Positive-type Photosensitive Material
10.6.2 Negative-type Photosensitive Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 LCD Panel
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Positive-type Photosensitive Material
11.6.2 Negative-type Photosensitive Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 LCD Panel
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Positive-type Photosensitive Material
12.6.2 Negative-type Photosensitive Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 LCD Panel
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Positive-type Photosensitive Material
13.6.2 Negative-type Photosensitive Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 LCD Panel
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Photosensitive Material Market: Competitive Dashboard
14.2 Global Photosensitive Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyo Gosei Co., Ltd
14.3.2 Sekisui Chemical
14.3.3 Asahi Kasei Corporation
14.3.4 Showa Denko Materials
14.3.5 JNC Corporation
14.3.6 Sumitomo Bakelite Company Limited
14.3.7 MURAKAMI CO., LTD.
14.3.8 Nantong Stars Synthesize Material Limited Company
