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INDUSTRY NEWS

Litho chemical market develops

SOURCE: BUSINESS COMMUNICATIONS CO.; ILLUSTRATION BY KELLY JOHNSON

A new report on the worldwide lithography chemical market for semi-conductors and related microelectronic manufacturing applications predicts an average annual growth rate of 9.1% between 2004 and 2009. RC-248 Global Technologies for Lithographic Chemicals, issued by Business Communications Co., sees the segment reaching $6.7 billion in five years, up from $3.79 billion in 2003 and an expected $4.32 billion in 2004. Flat-panel displays, MEMS, and other nonsemiconductor uses will take an increasing share—37%—of that total, compared with 23% of the market in 2003. Photoresists will continue to be the largest market segment, followed by developers, strippers, and removers (see above graph). The fastest-growing subsegments are expected to be etchants and deposition precursors, forecasted to increase at an annual average rate of 11.9% and 11%, respectively. Regional shares will follow industry trends, with significant growth seen in the Asian nations other than Japan and the emerging region becoming the top market by 2009.


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