The Dry Film Market is expected to register a CAGR of 5.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by type (positive and negative). The report is further segmented by application (rigid PCB, flexible PCB, automotive electronics, semiconductors, electroplating, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Dry Film Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Dry Film Market Segmentation
Type- Positive
- Negative
- Rigid PCB
- Flexible PCB
- Automotive Electronics
- Semiconductors
- Electroplating
Strategic Insights
Dry Film Market Growth Drivers- Rising Demand for Dry Films in Electronics: The growing demand for high-tech electronic equipment such as smartphones, wearables, and electric vehicles has made dry films more in demand. Dry films play an essential role in the production of printed circuit boards and semiconductor packaging, which are part and parcel of these electronic gadgets. Quality dry films have become essential for manufacturing with electronics being used to create more miniaturized and complex devices with advancing technology. Above all, the demand for dry films to manufacture PCBs will accelerate with the rise of electric vehicles, which need electronics to power them and the self-driving system.
- Miniaturization Driving Dry Film Market Growth: With a growing need for miniaturized and efficient devices in the telecommunication, automotive, and healthcare industries, this will translate to an increase in demand for miniaturization in manufacturing. Dry films play a vital role in producing thin layers that can be accomplished with good pattern resolution for achieving high precision in PCB designs. This is a product bound to be in demand because miniaturization will accelerate as technology develops, thereby fueling the demand for high-performance dry film for detailed electronic devices, which is why the market will grow.
- Environmental and Economic Benefits of Dry Films: Dry film technologies have great environmental and economic benefits. Compared to conventional wet chemical processes, dry films cause fewer environmental problems because they reduce poisonous chemicals and solvents. Moreover, dry films enable manufacturing to be done faster and much more productively; therefore, the cost of operation is decreased while wastage is increased. Business entities and producers are seeking low-carbon footprints and productivity efficiencies; with this fact in consideration, a dry film constitutes a great and appealing solution for the increasing growth of its market.
- Electric Vehicle Demand Boosting Dry Film Market: Dry film market is experiencing high growth in the automotive sector, mainly due to the advent of electric vehicles. Electric vehicles involve advanced electronic systems that demand high-performance PCBs, which depend on dry film for efficient manufacturing. The automotive sector is adopting electric mobility, and hence the requirement for dry films for use in automotive electronics such as battery management systems and infotainment systems will grow.
- Technological Advancements Driving Dry Film Innovation: Continuous technological advancements, especially in photopolymer films, further boost the dry film market. New developments have produced films with improved resolution, stronger adhesion, and excellent chemical resistance. This is critical to the current demand for smaller, complex electronic devices and drives the demand for high-performance dry films in PCB manufacturing.
- Sustainability Trends Fueling Dry Film Growth: Growth is seen in the trend toward sustainability in the electronics manufacturing industry. Sustainable practices are accepted by companies, and dry film technology supports the change. The movement towards solvent-free, water-based, and low-VOC films makes businesses align with efforts around the world for greener production techniques. It contributes to the growth of the dry film market because the businesses reduce their environmental footprint.
- 5G Networks and IoT Advancements Drive Dry Film Growth: The major growth in the market is triggered by the deployment of 5 G networks and the ongoing advancement of the IoT ecosystem. As 5G infrastructure and IoT equipment continue to progress, there is a great demand for advanced printed circuit boards (PCBs) and semiconductor packages. Dry films serve an important role in these PCBs and semiconductor packages, with the need for highly accurate and quality components. As both of these markets continue growing, so will the requirement for dry films to enable the development of high-performance and miniature electronic components.
- Asia-Pacific Region Fuels Dry Film Market Expansion: The Asia-Pacific region, in particular China, India, and Southeast Asia, holds the dry film market as a fundamental growth hub. These regions have been highly industrializing in the past two years thus rapidly increasing electronics manufacturing and automotive production. These regions have been witnessing an increased demand for electronic devices coupled with expansion in the automotive sector, thus creating a large market for dry film manufacturers.
- Advancements in Semiconductor Packaging Boost Demand: Advances in semiconductor packaging are driving increasing demand for specialty dry films in applications of next-generation advanced packages, particularly 3D packaging and system-in-package (SiP) technologies. The highly innovative nature of these next-generation semiconductor products demands increased precision, improved thermal stability, and greater reliability in their dry films. This presents opportunities for manufacturers of specialty high-performance dry films, which can respond to the high demand from the advanced packaging market for next-generation electronic devices.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Dry Film Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Dry Film Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Increasing adoption in automotive applications is expected to be the key market trend.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the dry film market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
The major factors driving the dry film market are:
1. Rising Demand for Advanced Electronics.
2. Growing Focus on Miniaturization and Precision Manufacturing.
Asahi Kasei Corp, DuPont de Nemours Inc, Showa Denko Materials Co Ltd, MITSUBISHI PAPER MILLS LTD, Kolon Industries Inc, Eternal Materials Co Ltd, Elga Europe Srl, Huqiu Imaging (Suzhou) Co Ltd, Great Eastern Resins Industrial Co Ltd, and Konica Minolta Inc
The Dry Film Market is estimated to witness a CAGR of 5.2% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Dry Film Market - By Type
1.3.2 Dry Film Market - By Application
1.3.3 Dry Film Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DRY FILM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DRY FILM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DRY FILM MARKET - GLOBAL MARKET ANALYSIS
6.1. DRY FILM - GLOBAL MARKET OVERVIEW
6.2. DRY FILM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DRY FILM MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POSITIVE
7.3.1. Overview
7.3.2. Positive Market Forecast and Analysis
7.4. NEGATIVE
7.4.1. Overview
7.4.2. Negative Market Forecast and Analysis
8. DRY FILM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PRINTED CIRCUIT BOARDS
8.3.1. Overview
8.3.2. Printed Circuit Boards Market Forecast and Analysis
8.4. MICROPROCESSOR UNIT PACKAGING
8.4.1. Overview
8.4.2. Microprocessor Unit Packaging Market Forecast and Analysis
8.5. FLEXIBLE PRINTED CIRCUITS
8.5.1. Overview
8.5.2. Flexible Printed Circuits Market Forecast and Analysis
8.6. IC PACKAGING
8.6.1. Overview
8.6.2. IC Packaging Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. DRY FILM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Dry Film Market Overview
9.1.2 North America Dry Film Market Forecasts and Analysis
9.1.3 North America Dry Film Market Forecasts and Analysis - By Type
9.1.4 North America Dry Film Market Forecasts and Analysis - By Application
9.1.5 North America Dry Film Market Forecasts and Analysis - By Countries
9.1.5.1 United States Dry Film Market
9.1.5.1.1 United States Dry Film Market by Type
9.1.5.1.2 United States Dry Film Market by Application
9.1.5.2 Canada Dry Film Market
9.1.5.2.1 Canada Dry Film Market by Type
9.1.5.2.2 Canada Dry Film Market by Application
9.1.5.3 Mexico Dry Film Market
9.1.5.3.1 Mexico Dry Film Market by Type
9.1.5.3.2 Mexico Dry Film Market by Application
9.2. EUROPE
9.2.1 Europe Dry Film Market Overview
9.2.2 Europe Dry Film Market Forecasts and Analysis
9.2.3 Europe Dry Film Market Forecasts and Analysis - By Type
9.2.4 Europe Dry Film Market Forecasts and Analysis - By Application
9.2.5 Europe Dry Film Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Dry Film Market
9.2.5.1.1 Germany Dry Film Market by Type
9.2.5.1.2 Germany Dry Film Market by Application
9.2.5.2 France Dry Film Market
9.2.5.2.1 France Dry Film Market by Type
9.2.5.2.2 France Dry Film Market by Application
9.2.5.3 Italy Dry Film Market
9.2.5.3.1 Italy Dry Film Market by Type
9.2.5.3.2 Italy Dry Film Market by Application
9.2.5.4 United Kingdom Dry Film Market
9.2.5.4.1 United Kingdom Dry Film Market by Type
9.2.5.4.2 United Kingdom Dry Film Market by Application
9.2.5.5 Russia Dry Film Market
9.2.5.5.1 Russia Dry Film Market by Type
9.2.5.5.2 Russia Dry Film Market by Application
9.2.5.6 Rest of Europe Dry Film Market
9.2.5.6.1 Rest of Europe Dry Film Market by Type
9.2.5.6.2 Rest of Europe Dry Film Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Dry Film Market Overview
9.3.2 Asia-Pacific Dry Film Market Forecasts and Analysis
9.3.3 Asia-Pacific Dry Film Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Dry Film Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Dry Film Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Dry Film Market
9.3.5.1.1 Australia Dry Film Market by Type
9.3.5.1.2 Australia Dry Film Market by Application
9.3.5.2 China Dry Film Market
9.3.5.2.1 China Dry Film Market by Type
9.3.5.2.2 China Dry Film Market by Application
9.3.5.3 India Dry Film Market
9.3.5.3.1 India Dry Film Market by Type
9.3.5.3.2 India Dry Film Market by Application
9.3.5.4 Japan Dry Film Market
9.3.5.4.1 Japan Dry Film Market by Type
9.3.5.4.2 Japan Dry Film Market by Application
9.3.5.5 South Korea Dry Film Market
9.3.5.5.1 South Korea Dry Film Market by Type
9.3.5.5.2 South Korea Dry Film Market by Application
9.3.5.6 Rest of Asia-Pacific Dry Film Market
9.3.5.6.1 Rest of Asia-Pacific Dry Film Market by Type
9.3.5.6.2 Rest of Asia-Pacific Dry Film Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Dry Film Market Overview
9.4.2 Middle East and Africa Dry Film Market Forecasts and Analysis
9.4.3 Middle East and Africa Dry Film Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Dry Film Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Dry Film Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Dry Film Market
9.4.5.1.1 South Africa Dry Film Market by Type
9.4.5.1.2 South Africa Dry Film Market by Application
9.4.5.2 Saudi Arabia Dry Film Market
9.4.5.2.1 Saudi Arabia Dry Film Market by Type
9.4.5.2.2 Saudi Arabia Dry Film Market by Application
9.4.5.3 U.A.E Dry Film Market
9.4.5.3.1 U.A.E Dry Film Market by Type
9.4.5.3.2 U.A.E Dry Film Market by Application
9.4.5.4 Rest of Middle East and Africa Dry Film Market
9.4.5.4.1 Rest of Middle East and Africa Dry Film Market by Type
9.4.5.4.2 Rest of Middle East and Africa Dry Film Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Dry Film Market Overview
9.5.2 South and Central America Dry Film Market Forecasts and Analysis
9.5.3 South and Central America Dry Film Market Forecasts and Analysis - By Type
9.5.4 South and Central America Dry Film Market Forecasts and Analysis - By Application
9.5.5 South and Central America Dry Film Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Dry Film Market
9.5.5.1.1 Brazil Dry Film Market by Type
9.5.5.1.2 Brazil Dry Film Market by Application
9.5.5.2 Argentina Dry Film Market
9.5.5.2.1 Argentina Dry Film Market by Type
9.5.5.2.2 Argentina Dry Film Market by Application
9.5.5.3 Rest of South and Central America Dry Film Market
9.5.5.3.1 Rest of South and Central America Dry Film Market by Type
9.5.5.3.2 Rest of South and Central America Dry Film Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DRY FILM MARKET, KEY COMPANY PROFILES
11.1. ASAHI KASEI CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHANG CHUN GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DJ MICROLAMINATES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DUPONT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ELGAEUROPE S.R.L
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ENGINEERED MATERIALS SYSTEMS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ETERNAL MATERIALS CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HITACHI CHEMICAL CO., LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KOLON INDUSTRIES, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MITSUBISHI PAPER MILLS LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Asahi Kasei Corporation
2. Chang Chun Group
3. DJ Microlaminates
4. DuPont
5. ElgaEurope s.r.l
6. ENGINEERED MATERIALS SYSTEMS, INC.
7. Eternal Materials Co., Ltd.
8. Hitachi Chemical Co., Ltd.
9. Kolon Industries, Inc.
10. MITSUBISHI PAPER MILLS LIMITED
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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