The Global LCD Photoresists Market was valued at US$ 1278.8 Million in 2022 and is projected to reach US$ 1479.6 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.1% during the forecast period (2022–2029). This growth is being driven by rising demand for consumer electronics, expansion in the display industry for televisions and mobile devices, and ongoing advancements in high-resolution LCD panel manufacturing processes across key regions like Asia.

As the display technology sector evolves toward higher quality visuals and more efficient production methods, the focus turns to the essential material suppliers who enable sharper images, better contrast, and reliable performance. In this blog, we profile the Top 10 Companies in the LCD Photoresists Market—a blend of chemical giants, specialized manufacturers, and innovators shaping the future of liquid crystal display components worldwide.

---

🔟 1. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: Color Photoresists, Black Matrix Resists, and TFT-LCD Positive Photoresists

JSR Corporation stands as a dominant force in the photoresist arena, providing advanced materials crucial for LCD panel fabrication. Their products support the creation of vibrant color filters and precise patterning, serving major display manufacturers in consumer electronics and automotive sectors. With a strong emphasis on R&D, JSR continues to refine formulations that enhance resolution and durability in modern displays.

Innovation Initiatives:

• Development of high-sensitivity photoresists for finer pixel structures

• Collaborations with panel makers to optimize material compatibility

• Investment in eco-friendly resist compositions to reduce environmental impact

Download FREE Sample Report: LCD Photoresists Market – View in Detailed Research Report

---

9️⃣ 2. Toyo Ink Group

Headquarters: Tokyo, Japan
Key Offering: Color Resists, Black Matrix, and Overcoat Resists

Toyo Ink Group excels in delivering specialized photoresists that form the backbone of color filter layers in LCDs. Operating globally, the company supplies materials that ensure high color saturation and resistance to degradation, catering to televisions, smartphones, and professional displays. Their integrated approach from pigments to finished formulations helps streamline production for clients.

Innovation Initiatives:

• Advancements in pigment dispersion technology for brighter colors

• Partnerships with Asian display giants to meet demand for large-screen TVs

---

8️⃣ 3. SUMITOMO Chemical

Headquarters: Tokyo, Japan
Key Offering: Color Photoresists, Black Photoresists, and LCD Spacer Photoresists

SUMITOMO Chemical, through its affiliates like Dongwoo Fine-Chem, plays a pivotal role in the Asian market by producing high-performance photoresists for LCD applications. Their materials are vital for preventing light leakage and enhancing contrast in panels used for mobile phones and laptops. The company’s focus on precision chemistry supports the shift toward thinner, more efficient displays.

Innovation Initiatives:

• Targets for improved thermal stability in resist layers

• Supply chain integrations with LCD manufacturers in China and Taiwan

---

7️⃣ 4. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: TFT-LCD Positive Photoresists and Color Resists

Mitsubishi Chemical is a key contributor to the LCD ecosystem, offering photoresists that enable intricate patterning for thin-film transistors in displays. Serving diverse applications from TVs to industrial monitors, their products emphasize reliability and consistency in manufacturing. As demand grows for 4K and 8K resolutions, Mitsubishi invests in next-generation materials.

Innovation Initiatives:

• Goal to expand capacity for advanced resist types by 2025

• New facilities dedicated to high-purity photoresist production

Download FREE Sample Report: LCD Photoresists Market – View in Detailed Research Report

---

6️⃣ 5. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: Color Filters, Black Matrix, and Protective Overcoats

Merck KGaA brings European expertise to the global LCD photoresists market, specializing in materials that boost display performance through superior light control and color accuracy. Their solutions are widely adopted in Europe and North America for premium consumer devices, with a portfolio that includes sustainable options to align with regulatory standards.

Innovation Initiatives:

• Introduction of low-volatility resists for cleaner processing

• Focus on recyclable components in photoresist formulations

---

5️⃣ 6. DAI Nippon Printing (DNP)

Headquarters: Tokyo, Japan
Key Offering: Color Photoresists and Black Matrix Resists

DAI Nippon Printing leads in precision printing and coating technologies for LCD photoresists, providing materials that define pixel arrays and shielding layers. Their innovations help achieve higher contrast ratios essential for modern smartphones and tablets, supporting mass production in high-volume facilities across Asia.

Innovation Initiatives:

• Current output enhancements for over 80% color resist market share

• Target expansion in flexible display applications by 2026

---

4️⃣ 7. Tokyo Ohka Kogyo (TOK)

Headquarters: Kawasaki, Japan
Key Offering: Positive Photoresists for TFT-LCD and Spacers

Tokyo Ohka Kogyo is renowned for its semiconductor and display-grade photoresists, offering solutions that ensure uniform coating and precise etching for LCD fabrication. As a trusted supplier to leading panel producers, TOK addresses challenges in scaling up for larger displays while maintaining quality standards.

Innovation Initiatives:

• Research into nano-scale patterning for ultra-high definition screens

• Local R&D programs in collaboration with Asian tech hubs

---

3️⃣ 8. ADEKA Corporation

Headquarters: Tokyo, Japan
Key Offering: Color Resists and Black Matrix Materials

ADEKA Corporation contributes significantly to the LCD market with photoresists that provide excellent adhesion and resistance to processing stresses. Their materials are integral to applications in laptops and TVs, where durability under varying conditions is paramount, and they hold a strong position in the regional supply chain.

Innovation Initiatives:

• Indigenous development of bio-based additives for resists

• Partnerships to accelerate adoption in emerging display technologies

---

2️⃣ 9. Nippon Steel Chemical & Material

Headquarters: Tokyo, Japan
Key Offering: LCD Spacer Photoresists and Overcoat Resists

Nippon Steel Chemical & Material specializes in functional materials for displays, including photoresists that maintain spacing and protect layers in LCD panels. Their expertise in chemical synthesis supports efficient manufacturing for mobile and other portable devices, with a focus on cost-effective solutions for high-volume production.

Innovation Initiatives:

• Aims to increase production of advanced spacers for foldable screens

• Ongoing expansions in supply networks across Southeast Asia

---

1️⃣ 10. Chimei Corporation

Headquarters: Tainan City, Taiwan
Key Offering: Color Photoresists, Black Photoresists, and TFT Materials

Chimei Corporation is a vital player in Taiwan’s display industry, supplying photoresists that enable the production of competitive LCD panels for global markets. Their integrated operations from raw materials to finished products ensure reliability for applications in TVs and monitors, positioning them as a key enabler in the regional ecosystem.

Innovation Initiatives:

• Comprehensive solutions for end-to-end LCD production

• Strategic alliances with international panel assemblers

Read Full Report: LCD Photoresists Market – View in Detailed Research Report

---

🌍 Outlook: The Future of LCD Photoresists Is Sharper and More Efficient

The LCD photoresists market is experiencing steady evolution. Although traditional formulations remain central, the sector is channeling resources into advanced materials, precision engineering, and sustainable production to meet the demands of next-generation displays.

📈 Key Trends Shaping the Market:

• Expansion in high-resolution display production in Asia-Pacific

• Mandates for sustainable materials in EU and North American regulations

• Integration of AI in manufacturing for better resist application

• Collaborations between chemical firms and device makers for innovation

Read Full Report: LCD Photoresists Market – View in Detailed Research Report

The companies listed above are not only enabling global displays—they’re pioneering the next era of visual technology.