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Patterning materials are substances that can be used to make repeating patterns on a surface. Common patterning materials are wax, paint, and ink. Patterning materials can be used in a wide range of ways, from creating fabric prints to printing on paper.
The process of patterning is commonly referred to as lithography. Patterning materials are mainly used in information storage devices, integrated circuits, display units, sensors, biochips, MEMS (microelectromechanical systems), and micro-optical components.
In addition, the use of sensors in robots automobiles, and other electronic devices has increased significantly. Increasing advances in various technologies are likely to drive the demand for patterning materials from developed countries are expected to boost the growth of the market.
Moreover, the growth of the patterning materials market is due to the growing demand for advanced semiconductor devices and the increasing demand for the miniaturization of electronic devices. Additionally, the increasing trend toward the use of OLEDs (organic light-emitting diodes) in displays is also driving the market growth.
The outbreak of the COVID-19 pandemic has served as a major challenge to the patterning materials market in 2020 as the supply chain was disrupted due to trade restrictions and its consumption declined due to government-imposed lockdowns worldwide. Restrictions on people’s movements led to significant delays in the arrival of raw materials, disrupted cash flow, and increased number of absentees among manufacturing workers. These factors have affected the automotive, industrial, and other end-use industries, as well as a number of their suppliers. In 2021 after the relaxation of the restrictions, the end-use industries gradually began to recover.
The report will cover the following key insights:
The automotive sensor segment is expected to witness significant growth during the forecast period. Automotive sensors are a crucial part of automotive electronic control systems. These are devices that convert physical quantities such as pressure, air, or acceleration into output signals, which in turn serve as input signals for control systems.
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Asia Pacific is expected to hold the largest market share in the patterning materials market and dominates the market growth during the forecast period owing to the growing demand for patterning materials in various applications such as glass printed circuit, automotive sensor, and others. Moreover, rising government investment in various countries coupled with favorable government policies is expected to fuel the market expansion in the region.
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