Global market for lithographic chemicals to reach $6.7 billion by 2009

11-Nov-2004

According to a soon-to-be-released report from Business Communications Company, Inc. RC-248 Global Technologies for Lithographic chemicals, the global market for lithographic chemicals used to produce semiconductors and other microelectronic devices was worth $4.3 billion in 2004 and is projected to rise at an average annual growth rate (AAGR) of 9.1% to reach $6.7 billion in 2009.

The fastest-growing segments of the market are etchants and deposition precursors, with AAGRs of 11.9% and 11%, respectively, through the forecast period.

Resists, whose sales are projected to grow at an AAGR of 7.6% over the next five years compared with 9.1% for the market as a whole, are projected to lose market share slightly (from 28.7% in 2004 to 26.4% in 2009), but should remain the largest segment through 2009. Developers, strippers and removers should remain the second largest market segment in 2009, although their share of the market is also expected to drop from 26% to 25%. Deposition precursors are expected to remain in third place, while increasing their market share from 17% in 2003 to about 18% in 2009.

The impact of non-semiconductor microelectronic applications (e.g., flat panel displays, MEMs) on the market for microlithography chemicals varies by segment and sub-segment. Overall, the semiconductor industry accounted for over 77% of the market in 2003. However, due to growth of the non-semiconductor sector, this percentage is projected to decline to 63% by 2009.

North America (chiefly the United States) enjoyed the largest market share in 2003 (i.e., 28% of the global market), followed by Japan (26%) and other Asian nations such as Korea and Taiwan (24%). By 2009, Asian markets other than Japan are expected to have the largest market share, with slightly over 27% of the global market. Japan should remain in a close second place with a little less than 27% of the market, while North America slips into the third position with a 25% global market share in 2009.

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