Latest industry research report on Patterning Materials Market. World Patterning materials are light sensitive materials used in device patterning processes commonly known as photolithography to form pattern coating on a surface for wafers, usually silicon wafers. These materials are also known as photo resist, on which desired pattern is spun through exposure of light of specific wavelength. Patterning has reduced the size of transistors, which makes electronic device more affordable. Increased advancements in the semiconductor manufacturing technologies have increased its need in the market.
Increase in the end-user of the market that include electronics and automotive sectors and rapidly growing integrated circuit market as well as technological advancements are the major drivers of the patterning materials market.
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However, cost-related problems in lithography process are the major challenge in the growth of the market. Strong demand of electronics products such as mobile, tablets, and so on from the developing economies is the major opportunity of the patterning material market.
New product or technology development is the major developmental strategies adopted by the key players. Capacity expansions, agreements & collaborations, joint ventures, and mergers & acquisitions are the other key strategies adopted by the key players of the patterning material market. In 2016, metal oxide photo resistive or patterning material finds application in extreme UV lithography. On July, 2016 Inpria Corporation expands the capacity of metal-oxide extreme UV lithography in Corvallis with an investment of more than $10 million.
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The report segments the patterning material market on the basis of type, application, and geography.
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