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Photoresist Chemical Market Predicts 3.6% CAGR Increase, Aiming for USD 4,837.2 Million by 2034

The photoresist chemical market value is expected to rise from USD 3,386.2 million in 2024 to USD 4,837.2 million by 2034. This market is ****yzed to surge ahead at a CAGR of 3.6% over the next decade.
Booming microelectronics is a cornerstone for the growth of photoresist chemical market. The exploding demand for higher-performance devices, consumer electronics, and technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT), are spurring the use of chips that support them. Photoresist chemicals are essential to develop intricate circuitry on these chips, thus driving market growth.
The industry is further expanding due to continuous investments in the expansion of photoresist chemical factories as players set up new plants. Going forward, the focus on sustainability and technological advancements is expected to fuel progress in the industry.
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