Global LCD Photoresists Market Growth 2023-2029

Global LCD Photoresists Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “LCD Photoresists Industry Forecast” looks at past sales and reviews total world LCD Photoresists sales in 2022, providing a comprehensive analysis by region and market sector of projected LCD Photoresists sales for 2023 through 2029. With LCD Photoresists sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LCD Photoresists industry.
This Insight Report provides a comprehensive analysis of the global LCD Photoresists landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LCD Photoresists portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LCD Photoresists market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LCD Photoresists and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LCD Photoresists.
The global LCD Photoresists market size is projected to grow from US$ 1215.8 million in 2022 to US$ 1423.8 million in 2029; it is expected to grow at a CAGR of 1423.8 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of LCD Photoresists market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Color Photoresist
Black Photoresist
TFT-LCD Positive Photoresist
LCD Spacer Photoresist
Segmentation by application
TV
Display
Laptop & Tablet
Mobile Phone
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global LCD Photoresists market?
What factors are driving LCD Photoresists market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LCD Photoresists market opportunities vary by end market size?
How does LCD Photoresists break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.