Photoresist And Photoresist Ancillaries Market Share

Photoresist And Photoresist Ancillaries Market Share

The global photoresist and photoresist ancillaries market is increasingly consolidated with top four companies accounting for more than three quarters of the total market. These companies are
 

• Tokyo Ohka Kogyo Co., Ltd.
• JSR Corporation
• The Dow Chemical Company
• AZ Electronic Materials SA
• FUJIFILM Electronic Materials Co.
• Avantor Performance Materials Inc.
• DuPont
• Sumitomo Chemical Co., Ltd.
• Shin-Etsu Chemical Co.
• LG Chem Ltd.
   

Top companies are trying to increase their market share through R&D activities, strategic alliances, capacity expansion and new manufacturing facilities in potential growth areas. For instance, The Dow chemicals company set up a global R&D center in South Korea for faster response to changing dynamics in the industry. Tokyo Ohka Kogyo Company completed the expansion of its production facility in Japan and JSR Corporation announced a strategic partnership with PERI Corporation to strengthen its market position in South Korea. Companies such as LG Chem Ltd. and the Dow Chemical Company relies on significant level of backward integration to maintain their competitive advantage.