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LCD Photoresists Market, Global Outlook and Forecast 2023-2029

LCD Photoresists Market, Global Outlook and Forecast 2023-2029

  • Published on : 28 March 2023
  • Pages :115
  • Report Code:SMR-7618143

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Report overview

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
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
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.
This report aims to provide a comprehensive presentation of the global market for LCD Photoresists, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LCD Photoresists. This report contains market size and forecasts of LCD Photoresists in global, including the following market information:
  • Global LCD Photoresists Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global LCD Photoresists Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five LCD Photoresists companies in 2022 (%)
The global LCD Photoresists market was valued at US$ 1278.8 million in 2022 and is projected to reach US$ 1479.6 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global LCD Photoresists market include JSR, Toyo Ink, Sumitomo(Dongwoo) , etc. The top 3 players occupy about 55% shares of the global market. China and China Taiwan are main markets, they occupy about 60% of the global market. Color Resists(RGB) is the main type, with a share about 80%. Telephone and TV are main applications, which hold a share about 50%.
We surveyed the LCD Photoresists manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LCD Photoresists Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global LCD Photoresists Market Segment Percentages, by Type, 2022 (%)
  • Color Photoresist
  • Black Photoresist
  • TFT-LCD Positive Photoresist
  • LCD Spacer Photoresist
Global LCD Photoresists Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global LCD Photoresists Market Segment Percentages, by Application, 2022 (%)
  • TV
  • Display
  • Laptop & Tablet
  • Mobile Phone
Others
Global LCD Photoresists Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global LCD Photoresists Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies LCD Photoresists revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies LCD Photoresists revenues share in global market, 2022 (%)
  • Key companies LCD Photoresists sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies LCD Photoresists sales share in global market, 2022 (%)
  • Further, the report presents profiles of competitors in the market, key players include:
  • SUMITOMO
  • JSR
  • Mitsubishi Chemical
  • Toyo Ink Group
  • Merck
  • DNP
  • TOK
  • ADEKA
  • Nippon Steel Chemical & Material
  • Chimei
  • Daxin Material
  • Crystal Clear Electronic
  • Dongjin Semichem
  • PhiChem Corporation
  • Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.
  • Everlight Chemical
  • LG Chemical
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of LCD Photoresists, market overview.
  • Chapter 2: Global LCD Photoresists market size in revenue and volume.
  • Chapter 3: Detailed analysis of LCD Photoresists manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of LCD Photoresists in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global LCD Photoresists capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.