The Global LCD and OLED Photoresist Stripper Market was valued at USD 712.8 Million in 2023 and is projected to reach USD 1,027.5 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period (2024–2030). This growth is primarily driven by the escalating demand for high-resolution displays in consumer electronics, the expansion of the automotive display sector, and the accelerated adoption of next-generation OLED technology in smartphones, televisions, and wearable devices.

As display technology evolves toward thinner, more flexible, and higher-performance panels, the role of photoresist strippers—chemicals critical for removing photoresist layers after etching and patterning—becomes increasingly vital. In this blog, we profile the Top 10 Companies in the LCD and OLED Photoresist Stripper Industry—a mix of global chemical giants and specialized material suppliers that are driving innovation in display manufacturing processes.

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🔟 1. Dongjin Semichem

Headquarters: Hwaseong, South Korea
Key Offering: Positive Tone Strippers, Negative Tone Strippers, Specialty Chemicals for Semiconductors and Displays

Dongjin Semichem is a leading global supplier of electronic chemicals, including a comprehensive portfolio of photoresist strippers tailored for both LCD and advanced OLED manufacturing. The company has a strong R&D focus on developing environmentally friendly and high-efficiency stripping solutions to meet the stringent requirements of modern display fabs.

Innovation and Market Position:

• Strategic partnerships with major panel manufacturers like Samsung Display and LG Display

• Investment in R&D for low-temperature, residue-free stripping formulations

• Significant market share in the Asia-Pacific display chemical supply chain

Download FREE Sample Report:
LCD and OLED Photoresist Stripper Market – View in Detailed Research Report

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9️⃣ 2. ENF Tech

Headquarters: Seongnam, South Korea
Key Offering: PRS-1000 Series Strippers, Fine-Clean Solutions for Display Panels

ENF Tech specializes in high-purity chemicals for the electronics industry, with a strong focus on photoresist strippers and cleaners for TFT-LCD and OLED applications. The company’s products are known for their high selectivity and compatibility with delicate thin-film transistor structures.

Innovation and Market Position:

• Proprietary stripper formulations with reduced environmental impact

• Strong presence in the Korean and Chinese display manufacturing hubs

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8️⃣ 3. Nagase Chemtex Corporation

Headquarters: Osaka, Japan
Key Offering: Nagaseplanar Strippers, Surface Conditioning Agents

Nagase Chemtex, a subsidiary of the Nagase & Co., Ltd. group, is a key player in the electronic materials market. The company offers advanced photoresist strippers designed for high-resolution display patterning, with a focus on minimizing substrate damage and improving yield.

Innovation and Market Position:

• Long-standing relationships with Japanese display panel leaders

• Focus on developing aqueous-based strippers for sustainable manufacturing

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7️⃣ 4. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Comprehensive Electronic Materials Portfolio, including Photoresist Strippers

LG Chem is a major chemical company with a significant electronic materials division. It supplies a range of high-performance chemicals to the display industry, including strippers that are optimized for the complex multi-layer structures found in modern OLED panels.

Innovation and Market Position:

• Vertical integration advantage through affiliation with LG Display

• R&D efforts focused on materials for flexible and transparent OLED displays

Download FREE Sample Report:
LCD and OLED Photoresist Stripper Market – View in Detailed Research Report

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6️⃣ 5. San Fu Chemical Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: SFC Stripper Series for TFT-LCD and OLED

San Fu Chemical is a prominent supplier of high-purity chemicals for the semiconductor and display industries in Taiwan and across Asia. The company’s photoresist strippers are formulated to address the challenges of removing hardened and deep-UV resists used in high-resolution display production.

Innovation and Market Position:

• Key supplier to Taiwan’s major display panel makers

• Continuous development of strippers with improved stripping rates and material compatibility

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5️⃣ 6. LTC Co., Ltd.

Headquarters: Hwaseong, South Korea
Key Offering: LTC Strip Series, Etchants, and Cleaners

LTC is a specialized chemical company focusing on products for the electronics industry. Its photoresist strippers are engineered for high efficiency and low damage, catering to the precise requirements of both rigid and flexible display manufacturing processes.

Innovation and Market Position:

• Strong technical support and customer service for display fabs

• Product development aligned with the trend toward ultra-fine patterning

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4️⃣ 7. Jiangyin Jianghua Microelectronics Materials Co., Ltd.

Headquarters: Jiangyin, Jiangsu, China
Key Offering: Photoresist Strippers, Ultra-Pure Chemicals

Jianghua Microelectronics is a leading Chinese supplier of electronic chemicals, playing a crucial role in supporting the country’s growing display panel industry. The company provides cost-effective and reliable stripper solutions for a wide range of display applications.

Innovation and Market Position:

• Strategic position within China’s domestic supply chain for display materials

• Investment in capacity expansion to meet rising local demand

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3️⃣ 8. DuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: EKC Technology™ Photoresist Strippers, Electronic Chemicals

DuPont is a global science and innovation leader with a long history in the electronics materials sector. Through its EKC Technology brand, the company offers high-performance strippers renowned for their effectiveness in removing challenging resist layers from delicate display substrates.

Innovation and Market Position:

• Global R&D capabilities and strong intellectual property portfolio

• Focus on developing strippers for next-generation display technologies like MicroLED

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2️⃣ 9. Merck KGaA (Versum Materials)

Headquarters: Darmstadt, Germany
Key Offering: Specialty Cleaning Formulations, Process Chemicals

Merck KGaA, a leader in science and technology, offers advanced materials for the electronics industry through its business units. While not exclusively a stripper manufacturer, its portfolio includes sophisticated cleaning and surface preparation chemicals critical for display manufacturing after photolithography.

Innovation and Market Position:

• Broad portfolio of electronic materials for a holistic approach to display fabrication

• Emphasis on sustainable and safer chemical alternatives

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1️⃣ 10. Tokyo Ohka Kogyo Co., Ltd. (TOK)

Headquarters: Kawasaki, Japan
Key Offering: Photoresists, Developers, and Strippers for FPDs

TOK is a world-renowned manufacturer of photoresists and related process chemicals. The company provides a range of strippers specifically formulated for flat panel display (FPD) manufacturing, leveraging its deep expertise in photolithography chemistry.

Innovation and Market Position:

• Integrated offering of photoresists, developers, and strippers

• Pioneer in developing chemicals for high-precision patterning required for 8K and beyond displays

Read Full Report:
LCD and OLED Photoresist Stripper Market – View in Detailed Research Report

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🔬 Outlook: The Future of Display Manufacturing Demands Advanced Stripping Solutions

The LCD and OLED photoresist stripper market is undergoing a significant transformation. While conventional strippers still serve a large portion of the market, the industry is investing heavily in next-generation formulations to address the challenges posed by new display architectures, higher resolutions, and more sustainable manufacturing practices.

📈 Key Trends Shaping the Market:

• Shift toward aqueous and semi-aqueous strippers to reduce VOC emissions and improve workplace safety

• Development of strippers compatible with flexible substrates used in foldable and rollable displays

• Increasing need for high-selectivity strippers that remove photoresist without damaging underlying ultra-thin films

• Growth of the OLED segment, particularly in smartphones and TVs, driving demand for specialized stripping chemistries

Read Full Report:
LCD and OLED Photoresist Stripper Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemicals for today’s display fabs—they are developing the innovative solutions that will enable the next generation of visual technology.