Patterning Material Market Worth 3.86 Billion USD by 2020

PUNE, India -- The report "Patterning Material Market by Type (193 NM Immersion Resist, Positive 193 NM Dry Resist, Positive 248 NM Resist, I-Line and G-Line Resist, and Others), by Application (Automotive Sensors, DRAM, Glass Printed Circuit Boards, MEMS & NEMS Devices, and Others) - Regional Forecasts to 2020" published by MarketsandMarkets, The global market size for Patterning Materials in terms of value is projected to reach USD 3.86 Billion by 2020, at a CAGR of 5.85% from 2015 to 2020.

The market report defines and segments the global patterning materials market with analysis and forecasts of global market size in terms of volume and value. It also identifies driving and restraining factors for the global patterning materials market with an analysis of trends, opportunities, burning issues, and winning imperatives.

The market is segmented and market size in volume and value are forecast on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). Further, the market is segmented and values are forecast on the basis of major applications of patterning materials used in various industries such as DRAM, Automotive sensors, MEMS & NEMS devices, Glass Printed Circuit Boards, and Others.

Automotive Sensors - major market for patterning materials

Automotive sensors form an essential part of the automotive electronic control systems. These are devices which transform physical quantities such as air, pressure, or acceleration into output signals which further acts as input signal for control systems. Automotive sensors are basically microprocessors based. Manifold absolute pressure (MAP), air temperature, oil pressure, fuel level, coolant temperature, exhaust-gas stoichiometric, and air-fuel-ratio operating point sensors are some of the important sensors. Automotive engineers are challenged by a multitude of stringent requirements. High level of accuracy is required for the sensors which mean that the total error should be less than -3% over their entire range of operating temperature and pressure. This high accuracy level can be achieved by the use of ICs which undergo the precise patterning process by the use of proper photoresist chemicals and lithography.

Global patterning material market to reach USD 3.86 Billion by 2020

The global market size for patterning materials in terms of value is projected to reach USD 3.86 billion by 2020, at a CAGR of 5.85% from 2015 to 2020. The Asia-Pacific region dominated the global patterning material market size by value in 2014 with around 35% share in the global market. Asia-Pacific is projected to have the highest market size in terms of value by 2020, followed by the North America region. RoW is also projected to be the fastest growing market, at a CAGR of around 10.0% from 2015 to 2020, owing to rise in consumption in the region, where end-user markets of patterning materials is growing steadily, especially electronics, and automotive sectors. The North American market is projected to grow at a rate of about 7.0% in terms of value.

The U.S. and Taiwan accounted for more than 50.0% of patterning material market in terms of value in 2014

The U.S. is the biggest consumer in the North American region as well as in global scenario with around 75% share in that region. Taiwan is the biggest end user of patterning materials with about 38.0% share in the Asia-Pacific region and is the second largest globally. The U.S. and Taiwan together accounted for around 50.0% of the global patterning materials market size in terms of value in 2014. The U.S. and Taiwan are the largest consumers in their respective regions, and are expected to compete with each other to dominate the market by 2020, with advanced patterning materials for end users.

Browse 114 Tables and 49 Figures spread through 159 Pages and in-depth TOC on "Patterning Material Market" at http://www.marketsandmarkets.com/Market-Reports/patterning-materials-market-246266497.html  

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Markets and Markets
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