Demand for Global Photoresists and Photoresist Ancillaries Market to Rise with Increasing Deployment of Dynamic Display Technologies: TMR
Multinational companies boasting high production capacity are currently dominating the global photoresists and photoresist ancillaries market . As profit margins of a majority of companies in the market are susceptible to raw material price and supply fluctuations, enterprises with presence across value chain are expected to report stronghold. Overall, the vendor landscape of the global photoresists and photoresist ancillaries market is highly concentrated with top three players holding over 62.4% of the market in 2013, finds Transparency Market Research (TMR) in a new study. Besides JSR Corporation and the Dow Chemical, Tokyo Ohka Kogyo Co., Ltd., holds percentage in this share. TMR forecasts the global photoresists and photoresist ancillaries market to exhibit a CAGR of 6.2% between 2014 and 2020, to reach US$4.6 bn by the end of 2020. The market recorded a valuation of US$3.02 bn in 2014. Regionally, Asia Pacific held clear dominance with a share of 67.7% in the m...