The Global Dry Film Photoresist Resin Market was valued at USD 1,456.7 Million in 2022 and is projected to reach USD 2,789.4 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period (2023–2029). This growth is being driven by surging demand in printed circuit board (PCB) production, advancements in semiconductor fabrication, and the expanding applications in flexible electronics and advanced displays across consumer and industrial sectors.

As the electronics industry evolves toward miniaturization, higher resolution, and sustainable manufacturing practices, the focus turns to the essential material providers powering these innovations. Dry film photoresists, known for their precision in patterning and ease of use in photolithography processes, are critical enablers. In this blog, we profile the Top 10 Companies in the Dry Film Photoresist Resin Market—a blend of global chemical leaders, specialized material innovators, and electronics-focused manufacturers shaping the future of high-tech production.

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🔟 1. Eternal Materials Co., Ltd.

Headquarters: Taoyuan City, Taiwan
Key Offering: Solvent-type dry film photoresists, negative-tone resins for PCB etching

Eternal Materials stands as a prominent player in the Asian electronics supply chain, delivering high-quality dry film photoresist resins optimized for multilayer PCBs and fine-line circuitry. Their products support the rigorous demands of 5G infrastructure and automotive electronics, where precision patterning is paramount. With a strong emphasis on R&D, the company continually refines its formulations to achieve finer resolutions, down to 20 microns or less, meeting the needs of evolving semiconductor and display technologies.

Innovation Initiatives:

• Development of low-temperature curable resins for flexible electronics

• Partnerships with PCB manufacturers to enhance throughput and yield rates

• Commitment to eco-friendly solvent reductions, targeting 30% lower VOC emissions by 2025

Download FREE Sample Report: Dry Film Photoresist Resin Market – View in Detailed Research Report

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9️⃣ 2. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: High-resolution dry films, waterborne-type photoresists for semiconductor applications

Asahi Kasei excels in producing advanced dry film photoresists that integrate seamlessly into photolithography workflows for IC packaging and LED displays. Operating globally with a focus on Japan and Southeast Asia, the company supplies resins that offer superior adhesion and chemical resistance, crucial for high-density interconnects. Their ongoing investments in nanotechnology have led to breakthroughs in sub-micron patterning, supporting the miniaturization trends in mobile devices and wearables.

Innovation Initiatives:

• Expansion of waterborne formulations to reduce environmental impact

• Collaborations with equipment makers for integrated lamination processes

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8️⃣ 3. Showa Denko Materials Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Negative and positive photoresist films, specialized resins for advanced packaging

Showa Denko Materials provides a comprehensive portfolio of dry film photoresists tailored for the semiconductor and automotive sectors, emphasizing reliability in harsh environments. Their resins are widely used in fan-out wafer-level packaging and power devices, where thermal stability and fine feature definition are essential. The company’s strategic mergers have bolstered its capacity to innovate, particularly in response to the growing electric vehicle (EV) market’s demands for efficient circuit boards.

Innovation Initiatives:

• Targets for 50-micron pitch resolution by 2025 in next-gen resins

• Sustainable sourcing of raw materials to minimize carbon footprint

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7️⃣ 4. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Riston® dry film photoresists, solvent and aqueous-processable types

DuPont is a veteran in the photoresist arena, offering its renowned Riston® series that dominates in PCB fabrication worldwide. These dry films provide exceptional uniformity and edge definition, ideal for high-volume production in consumer electronics and telecommunications. As global supply chains shift, DuPont’s focus on North American and European markets ensures robust distribution, while their R&D labs push boundaries in hybrid materials for 3D printing and flexible circuits.

Innovation Initiatives:

• Goal of 20% market penetration in emerging flexible display applications by 2030

• Introduction of recyclable resin components in new product lines

Download FREE Sample Report: Dry Film Photoresist Resin Market – View in Detailed Research Report

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6️⃣ 5. Changchun Chemical Industry Group

Headquarters: Changchun, China
Key Offering: Cost-effective dry film photoresists for consumer electronics PCBs

Based in China, Changchun Chemical Industry Group serves the booming domestic and Asian markets with affordable yet high-performance dry film resins. Their products excel in mass production scenarios, supporting the assembly of smartphones, laptops, and IoT devices. By leveraging local manufacturing advantages, the company has scaled production to meet the explosive growth in 5G and AI hardware, while investing in quality controls to align with international standards.

Innovation Initiatives:

• Integration of AI in quality assurance for defect-free films

• Expansion into bio-based additives for greener formulations

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5️⃣ 6. Soken Chemical & Engineering Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialized negative-tone dry films for high-precision etching

Soken Chemical, a subsidiary of Sumitomo Chemical, specializes in ultra-thin dry film photoresists that enable intricate patterns for OLED displays and sensors. Their resins offer low shrinkage and high sensitivity to UV light, making them indispensable in the pursuit of brighter, thinner screens. With a strong presence in Japan’s tech ecosystem, Soken drives collaborations that accelerate the adoption of these materials in next-generation wearables and medical devices.

Innovation Initiatives:

• Current production exceeding 5,000 tons annually for display applications

• Target: Double capacity for advanced sensor resins by 2027

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4️⃣ 7. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Solvent-type photoresist films with enhanced adhesion properties

DIC Corporation brings decades of expertise in inks and coatings to the photoresist market, producing dry films that withstand rigorous soldering and plating processes in PCB assembly. Serving automotive and industrial electronics, their products emphasize durability and consistency, helping manufacturers reduce waste and improve yields. DIC’s global footprint allows it to cater to diverse regional needs, from high-end servers in the US to consumer goods in Asia.

Innovation Initiatives:

• Research into halogen-free resins for compliance with global regulations

• R&D programs under Japan’s innovation grants for microelectronics

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3️⃣ 8. Changzhou Tronly New Electronic Materials Co., Ltd.

Headquarters: Changzhou, China
Key Offering: Waterborne dry film photoresists for eco-friendly PCB production

Tronly New Electronic Materials has emerged as a key supplier in China’s electronics hub, offering waterborne dry films that align with stringent environmental standards. These resins minimize solvent use, appealing to manufacturers focused on sustainable practices in the production of servers, networking equipment, and EVs. Tronly’s rapid expansion includes advanced testing facilities that ensure compatibility with high-speed lamination, supporting the industry’s shift to greener operations.

Innovation Initiatives:

• Indigenous development of low-odor, high-resolution films

• Joint ventures to scale production for Southeast Asian markets

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2️⃣ 9. KOLON Industries, Inc.

Headquarters: Gwacheon, South Korea
Key Offering: High-performance dry films for semiconductor and display industries

KOLON Industries leverages its polymer expertise to produce dry film photoresists that excel in flexibility and thermal resistance, vital for foldable devices and advanced semiconductors. With a strong foothold in Korea’s tech landscape, the company supplies major chipmakers and panel producers, contributing to innovations in AR/VR and automotive infotainment. Their commitment to vertical integration ensures supply chain resilience amid global disruptions.

Innovation Initiatives:

• Aims for 40% growth in resin output for flexible electronics by 2026

• Major expansions in SAF-like sustainable processing chains

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1️⃣ 10. Hitachi Chemical Company, Ltd. (now Resonac Holdings Corporation)

Headquarters: Tokyo, Japan
Key Offering: Advanced dry film photoresists for IC substrates and fine patterning

Resonac, formerly Hitachi Chemical, leads with cutting-edge dry film resins that support ultra-fine line widths below 10 microns, essential for high-performance computing and photonics. Their portfolio caters to the semiconductor backend, enabling reliable interconnects in AI chips and quantum devices. As a pioneer in material science, Resonac fosters ecosystems through partnerships, ensuring their technologies propel the electronics revolution forward.

Innovation Initiatives:

• End-to-end solutions for 2.5D/3D packaging advancements

• Strategic alliances with fabs and OEMs for customized resin development

Get Full Report Here: Dry Film Photoresist Resin Market – View in Detailed Research Report

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🌍 Outlook: The Future of Dry Film Photoresist Resin Is More Precise and Sustainable

The dry film photoresist resin market is experiencing a transformative phase. While traditional solvent-based types maintain dominance due to their proven performance, the sector is channeling significant resources into waterborne alternatives, nanotechnology integrations, and eco-conscious formulations to address regulatory pressures and consumer demands for greener electronics.

Because of the relentless push for smaller, smarter devices, manufacturers are prioritizing materials that offer higher sensitivity and lower defect rates. However, challenges like raw material volatility and geopolitical tensions in supply chains persist, prompting companies to diversify sourcing and invest in local production. Furthermore, the rise of electric vehicles and renewable energy systems amplifies the need for durable, high-resolution photoresists in power electronics.

📈 Key Trends Shaping the Market:

• Rapid adoption of waterborne types in Asia-Pacific, projected to capture 35% market share by 2029

• Regulatory mandates for low-VOC materials driving 15% annual innovation spend

• Digital twins and AI-optimized patterning processes enhancing yield efficiencies

• Strategic alliances between resin suppliers and semiconductor giants for co-development

Market segmentation reveals solvent types leading with 65% share in 2022, fueled by their versatility in negative photoresist applications for PCBs, while waterborne variants gain traction in positive photoresist uses for displays. Regionally, Asia dominates with over 70% of global sales, led by China and Japan, but North America and Europe are catching up through investments in advanced fabs.

Looking deeper, the positive photoresist segment is forecasted to grow at 10.2% CAGR, driven by semiconductor demands, whereas negative types hold steady for traditional PCB etching. Country-level insights show the U.S. market at USD 250 million in 2022, with China eyeing USD 800 million by 2029. Overall, top players command about 55% of revenues, underscoring an oligopolistic landscape ripe for mergers and tech disruptions.

Get Full Report Here: Dry Film Photoresist Resin Market – View in Detailed Research Report

The companies profiled here are not just supplying resins—they’re architecting the backbone of tomorrow’s electronics ecosystem, from smarter phones to sustainable energy solutions.

At 24chemicalresearch, we delve into the intricacies of chemical markets to deliver actionable insights. Our reports, based on extensive surveys of manufacturers, suppliers, and experts, cover everything from revenue forecasts—global Dry Film Photoresist Resin revenues reached USD 1,456.7 million in 2022 and are set to hit USD 2,789.4 million by 2029—to detailed competitor analyses, where the top five players held approximately 45% revenue share in 2022. We examine drivers like rising PCB complexity, challenges such as supply chain disruptions from COVID-19 and geopolitical events, and opportunities in emerging applications like MEMS and photovoltaics.

By type, solvent segments generated USD 947.3 million in 2022 (65% share), with waterborne at USD 509.4 million, both expanding through 2029. Applications-wise, positive photoresists for semiconductors led with USD 730.4 million, while negative types for PCBs followed at USD 726.3 million. Regionally, Asia’s dominance is clear, with China’s market surging from USD 650 million to over USD 1,200 million, supported by policies fostering domestic innovation.

For those navigating this dynamic space, our comprehensive outlines—from market overviews in Chapter 1 to industrial chain analyses in Chapter 10—equip you with the tools to strategize growth, assess competitions like Eternal Materials’ 12% share, and identify blue oceans in downstream markets. Whether you’re a supplier eyeing mergers or a buyer evaluating positions, these insights pave the way for informed decisions.

Download FREE Sample Report: Dry Film Photoresist Resin Market – View in Detailed Research Report

In essence, as electronics miniaturize and greenify, dry film photoresist resins will remain pivotal, with these top companies leading the charge toward a more connected, efficient world.