Top 10 Companies in the Negative Photosensitive Polyimide (n-PSPI) Industry (2025): Innovation Leaders Powering Global Electronics

In Business Insights
November 03, 2025


The Global Negative Photosensitive Polyimide (n-PSPI) Market was valued at USD 232.5 Million in 2024 and is projected to reach USD 355.9 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period (2024–2032). This growth is being driven by increasing demand for advanced semiconductor packaging, the expansion of flexible OLED display technologies, and the accelerating adoption of low-temperature curable formulations across electronics and display manufacturing sectors.

As the electronics industry evolves toward miniaturization and high-performance flexible applications, the focus shifts to the key material suppliers driving innovation, process efficiency, and superior performance. In this blog, we profile the Top 10 Companies in the Negative Photosensitive Polyimide Industry—a mix of chemical giants, specialty material producers, and advanced polymer innovators shaping the future of microelectronics and display technologies.


🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Photoneece series n-PSPI, High/Low temp curable types

Toray Industries is a global leader in high-performance materials, including its renowned Photoneece line of negative photosensitive polyimides. The company’s advanced n-PSPI products are essential for semiconductor passivation layers, interlayer dielectrics, and redistribution layers in advanced packaging.

Innovation Initiatives:

  • Pioneering low-temperature curable n-PSPI for flexible OLED substrates
  • Strategic R&D partnerships with leading semiconductor foundries
  • Leadership in developing ultra-high purity formulations for next-gen applications

Download FREE Sample Report: Global Negative Photosensitive Polyimide (n-PSPI) Market – View in Detailed Research Report


9️⃣ 2. HD MicroSystems

Headquarters: Wilmington, Delaware, USA
Key Offering: PI-2600 series, Low-stress n-PSPI formulations

HD MicroSystems, a joint venture between Hitachi Chemical and DuPont, specializes in high-performance polyimide solutions. Their n-PSPI products are widely used in wafer-level packaging, flexible circuits, and as buffer coatings for semiconductor devices requiring exceptional thermal stability and dielectric properties.

Innovation Initiatives:

  • Expertise in spin-on dielectric and planarization materials
  • Focused on developing formulations with enhanced resolution for finer patterning requirements in microelectronics manufacturing.


    8️⃣ 3. Kumho Petrochemical

    Headquarters: Seoul, South Korea
    Key Offering: High-temperature curable n-PSPI for demanding semiconductor processes


7️⃣ 4. Fujifilm Electronic Materials

Headquarters: Tokyo, Japan
Key Offering: High-resolution n-PSPI for advanced lithography

Fujifilm leverages its extensive imaging technology heritage to develop advanced n-PSPI products with superior photosensitivity and film uniformity across various substrate types.

Innovation Initiatives:

  • Development of halogen-free and low-outgassing formulations to meet stringent industry standards for high-reliability applications in both consumer and industrial electronics sectors.


    6️⃣ 5. Asahi Kasei Corporation

    Headquarters: Tokyo, Japan
    Key Offering: Flexible display n-PSPI, Semiconductor-grade dielectric coatings

Download FREE Sample Report: Global Negative Photosensitive Polyimide (n-PSPI) Market – View in Detailed Research Report


5️⃣ 6. Eternal Materials Co., Ltd.

Headquarters: Kaohsiung, Taiwan
Key Offering: High thermal stability n-PSPI, Low-CTE formulations

Eternal Materials is a prominent Asian manufacturer of electronic chemicals, including a comprehensive portfolio of n-PSPI products for display and semiconductor applications.

Innovation Initiatives:

  • Focus on cost-effective n-PSPI solutions for high-volume manufacturing environments.

    Innovation Initiatives:

    • Specialization in polyimide resins and photosensitive agents for the electronics industry.


      4️⃣ 7. MINSEO Advanced Material

      Headquarters: Seoul, South Korea
      Key Offering: n-PSPI for CSP and flip-chip packaging

    • Research into low-dielectric constant n-PSPI for high-frequency applications

    3️⃣ 8. MicroChem Corporation

    Headquarters: Westborough, Massachusetts, USA
    Key Offering: High-purity n-PSPI, Custom formulation services

    MINSEO Advanced Material specializes in developing n-PSPI formulations that offer excellent adhesion to various substrates while maintaining high thermal and chemical resistance properties.

    Innovation Initiatives:

    • Specialized formulations for MEMS and sensor applications requiring precise pattern definition and mechanical durability under harsh operating conditions.


      2️⃣ 9. Mitsubishi Gas Chemical Company

      Headquarters: Tokyo, Japan
      Key Offering: Photosensitive polyimide precursors, Patternable dielectric materials


    1️⃣ 10. ULVAC, Inc.

    Headquarters: Chigasaki, Japan
    Key Offering: n-PSPI for advanced packaging, Low-stress coatings

Get Full Report Here: Global Negative Photosensitive Polyimide (n-PSPI) Market – View in Detailed Research Report


🔬 Outlook: The Future of Advanced Electronics With High-Performance n-PSPI

The negative photosensitive polyimide market is undergoing a significant transformation. While traditional polyimides still serve many applications, the industry is investing heavily in flexible and high-resolution formulations, advanced curing technologies, and global distribution networks to meet the escalating demand for advanced microelectronics materials.

📈 Key Trends Shaping the Market: