Embed Size (px)
Citation preview
TECHCET CA LLC11622 El Camino Real #100San Diego, CA [email protected]
2020 TECHCET’SCRITICAL MATERIALS REPORT™
LITHOGRAPHY MATERIALSPHOTORESISTS, EXTENSIONS & ANCILLARIESPrepared By:Mark Neisser, Ph.D.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 9
1.1 MARKET GROWTH - REVENUES 10
1.2 EXTENSIONS 11
1.3 PRICING TRENDS 12
1.4 GROWTH SEGMENT -- EUV RESIST 13
1.5 GROWTH SEGMENT -- KRF RESIST 14
1.6 GROWTH SEGMENT -- NTD DEVELOP AND RINSE 15
1.7 PHOTORESIST MARKET SHARES 16
1.8 NEW INDUSTRY ENTRANTS 17
1.9 TECHNOLOGY TRENDS 18
1.10 ANALYST ASSESSMENT 19
2 SCOPE, PURPOSE AND METHODOLOGY 20
2.1 SCOPE 21
2.2 PURPOSE 22
2.3 METHODOLOGY 23
2.4 OVERVIEW OF OTHER TECHCET CMR™ REPORTS 24
3 SEMICONDUCTOR INDUSTRY MARKET OUTLOOK 25
3.1 SEMICONDUCTOR INDUSTRY MARKET STATUS 26
3.2 WORLDWIDE ECONOMY 283.2.1 SEMICONDUCTOR INDUSTRIES TIES TO THE GLOBAL ECONOMY 30
3.2.2 SEMICONDUCTOR UNITS FORECAST 31
3.3 ELECTRONIC GOODS MARKET 323.3.1 SMART PHONES 33
3.3.2 AUTOMOTIVE 34
3.3.2.1 INCREASE IN SEMICONDUCTOR CONTENT FOR AUTOS 37
3.3.2.2 SEMICONDUCTOR CONTENT BY AUTOMOTIVE ELECTRONIC SYSTEM 38
3.3.3 SERVERS / IT 39
3.3.4 PC/TABLETS 41
3.4 SEMICONDUCTOR INDUSTRY FORECASTS 423.4.1 SEMICONDUCTORS UNIT GROWTH FORECAST 43
3.4.2 EQUIPMENT SPENDING AND FAB AND CAPITAL INVESTMENTS 44
3.4.3 OVERALL CHINA MARKET TRENDS 45
3.4.4 WAFER START FORECAST 46
3.5 SEMICONDUCTOR INDUSTRY MARKET OUTLOOK SUMMARY 50
4 LITHOGRAPHY MATERIALS MARKET LANDSCAPE 52
4.1 PHOTORESIST MARKET FORECASTS & MARKET DRIVERS 534.1.1 SEMICONDUCTOR DEVICE DEMAND DRIVES LITHO MATERIALS 54
4.1.2 2020 PHOTOLITHOGRAPHY TRENDS 55
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 2
TABLE OF CONTENTS
4.1.3 OVERALL RESIST MARKET FORECAST – VOLUMES 56
4.1.3.1 OVERALL RESIST MARKET FORECAST – REVENUES 57
4.1.4 KRF GROWTH DRIVE BY 3D NAND STRUCTURES 58
4.1.4.1 KRF RESIST FORECAST – VOLUME 594.1.4.2 KRF RESIST FORECAST – REVENUES 60
4.1.5 I-LINE & G-LINE RESISTS STATUS & TRENDS 61
4.1.6 200MM VS. 300MM PROCESSING TRENDS IMPACTING i-line & g-line RESISTS 62
4.1.7 EUV RESIST REVENUE FORECAST 63
4.2 EXTENSION MATERIALS FORECASTS & MARKET DRIVERS 644.2.1 EXTENSION MATERIALS FORECAST – VOLUMES 654.2.1.1 Extension Materials Forecast – Revenues 66
4.2.2 KEY SUPPLIERS OF EXTENSION MATERIALS 67
4.2.3 TOP ARC (TARC) AND IMMERSION TOPCOAT STATUS & TRENDS 68
4.2.4 LINE TRIM AND CONTACT HOLE SHRINK MATERIALS STATUS & TRENDS 69
4.3 ANCILLARY MATERIALS – DEVELOPER & EBR TRENDS 704.3.1 POSITIVE TONE DEVELOP MATERIALS STATUS & TRENDS 714.3.2 NEGATIVE TONE DEVELOP (NTD) MATERIALS STATUS 72
4.3.3 RINSE MATERIALS STATUS AND CHALLENGES 73
4.3.4 NTD AND RINSE VOLUME FORECAST 74
4.3.5 EDGE BEAD REMOVERS VOLUME FORECAST TRENDS 75
4.4 EUV LITHOGRAPHY AND MATERIALS 764.4.1 EUV OVERVIEW 774.4.1.1 78
4.4.1.2 79
4.4.2 80
EUV Overview - Usage is Increasing RapidlyEUV Overview - EUV Materials Growth Drivers & Trends EUV RESIST FORECAST – VOLUMES
4.4.2.1 EUV RESIST FORECAST – REVENUES 81
4.4.3 EUV TECHNOLOGY TRENDS THAT IMPACT BUSINESS 824.4.3.1 EUV Technology Trends - Status and Overview 83
4.4.3.2 EUV Technology Trends – Challenge of Noise/Defects 84
4.4.3.3 EUV Technology – 2 Types of EUV Photoresists: CAR & MOR 86
4.4.3.4 EUV Resist Technology Trends 87
4.4.3.5 EUV Resist Technology Trends - EUV Resist Limitations 88
4.4.4 EUV LIMITATIONS TO GROWTH – LITHO TOOL SUPPLY 89
4.4.5 RESIST SUPPLIER STATUS AND ACTIVITIES 91
4.4.5.1 Resist Supplier Status and Activities – DuPont & EUV 92
4.4.6 EUV RESIST SUPPLIER STATUS AND ACTIVITY – A NOTE ABOUT EUV ANCILLARIES 93
4.5 OTHER NEW MATERIALS FOR PATTERNING 944.5.1 DIRECTED SELF ASSEMBLY (DSA) HAS RENEWED ACTIVITY 95
4.5.1.1 DSA Applications Reported by Intel this year 96
4.5.2 NANO IMPRINT LITHOGRAPHY IS CLOSE TO PRODUCTION FOR 3DNAND FLASH 97
4.5.2.1 NanoImprint Lithography (NIL) – How Does it Work? 98
4.5.3 DRY DEPOSIT AND DEVELOP EUV RESIST 99
4.5.4 NEW PATTERNING METHODS – ASSESSMENT 100
4.6 COMMENT ON REGIONAL TRENDS/DRIVERS 1014.6.1 SOUTH KOREA WANTS MORE IMPORT INDEPENDENCE 102
4.6.2 CHINA FACTORS 1034.6.3 TRADE TENSIONS AFFECT CHINA’S SC INDUSTRY 104
4.6.4 CHINESE DOMESTIC SUPPLIERS 105
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 3
TABLE OF CONTENTS
4.7 EHS AND LOGISTIC ISSUES 1064.7.1 PANDEMIC AFFECTS ON INTERNATIONAL SUPPLY CHAIN 107
4.7.2 PFOS AND PFAS 108
109
110
5 SUPPLIER MARKET LANDSCAPE
5.1 PHOTORESIST MARKET SHARES
5.2 PHOTORESIST SUPPLY MARKET DYNAMICS 1115.2.1 SUPPLIER YEAR-END RESULTS & SYNOPSIS – FUJIFILM 112
5.2.2 SUPPLIER YEAR-END RESULTS & SYNOPSIS – JSR 113
5.2.3 SUPPLIER YEAR-END RESULTS & SYNOPSIS - SHIN-ETSU 114
5.2.4 SUPPLIER YEAR-END RESULTS & SYNOPSIS – SUMITOMO 115
5.2.5 SUPPLIER YEAR-END RESULTS & SYNOPSIS – TOK 116
5.2.6 SUPPLIER YEAR-END RESULTS & SYNOPSIS – DUPONT 117
5.2.7 SUPPLIER YEAR-END RESULTS & SYNOPSIS – INPRIA 118
5.3 PLANT CLOSURES AND PRODUCT DISCONTINUATIONS 119
7 SUPPLIER PROFILES 124
6 SUB TIER MATERIAL SUPPLY CHAIN CONSIDERATIONS 120
6.1 RAW MATERIAL SUPPLY CHAIN CONSIDERATIONS 121
6.2 RAW MATERIALS EHS AND LOGISTICS ISSUES 122
6.3 RAW MATERIAL PRICING TRENDS 123
AVANTORBASFBREWER SCIENCECHANG CHUNDONGJIN CHEMICALDUPONTEASTMANEVERLIGHT CHEMICALFUJIFILMINPRIAIRRESISTABLE MATERIALSJIANGSU HANTOP PHOTO-MATERIALSJIANGSU NATA OPTO-ELECTRONICMATERIALS
JSRKEMPURKUMHO PETROCHEMICALMERCK KGAA/EMD/AZMOSES LAKE INDUSTRIESNISSAN CHEMICALPHICHEMRUIHONGSACHEMSHIN-ETSUSUMITOMOSUNTIFICTOK
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 4
FIGURES & TABLES
FIGURE 1: PHOTORESIST REVENUES HISTORY & FORECAST ESTIMATES 10
FIGURE 2: EXTENSION MATERIALS REVENUES HISTORY & FORECAST ESTIMATES 11
FIGURE 3: EUV RESIST REVENUES HISTORY & FORECAST ESTIMATES 13
FIGURE 4: KRF RESIST VOLUME HISTORY & FORECAST ESTIMATES 14
FIGURE 5: SOLVENT VOLUMES FOR NTD RINSE AND DEVELOP FORECAST EST.15
FIGURE 6: 2020 PHOTORESIST MARKET SHARES (% OF WW REVENUES) 16
FIGURE 7: GLOBAL ECONOMY AND THE ELECTRONICS SUPPLY CHAIN 30
FIGURE 8: WORLDWIDE SEMICONDUCTOR SALES 31
FIGURE 9: SEMICONDUCTOR CHIP APPLICATIONS 32
FIGURE 10: MOBILE PHONE SHIPMENTS WW ESTIMATES 33
FIGURE 11: OIL PRICE PER BARREL US WTI 35
FIGURE 12: SEMICONDUCTOR SPEND PER VEHICLE TYPE 37
FIGURE 13: SEMICONDUCTOR CONTENT BY AUTOMOTIVE APPLICATION 38
FIGURE 14: SEMICONDUCTOR REVENUE GROWTH FORECASTS 42
FIGURE 15: SEMICONDUCTOR UNITS HISTORY AND FORECAST 43
FIGURE 16: 200 MM WAFER CAPACITY FORECAST 46
FIGURE 17: 2020/ 2019 GROWTH ESTIMATES FOR 3DNAN, DRAM ANDLOGIC DEVICES (ADVANCED NODES AND LEADING EDGE) 48
FIGURE 18: 2020 OUTLOOK 51
FIGURE 19: ADVANCED NODE WAFER STARTS (RELATIVE 200MM EQUIV.) 54
FIGURE 20: RESIST VOLUMES HISTORY & FORECAST ESTIMATES 56
FIGURE 21 :PHOTORESIST HISTORY & FORECAST ESTIMATES 57
FIGURE 22: 2D AND 3D NAND STRUCTURES 58
FIGURE 23: KRF RESIST VOLUMES HISTORY & FORECAST ESTIMATES 59
FIGURE 24: KRF RESIST REVENUES HISTORY & FORECAST ESTIMATES 60
FIGURE 25: EUV RESIST REVENUES HISTORY & FORECAST ESTIMATES 63
FIGURE 26: EXTENSIONS VOLUMES HISTORY & FORECAST ESTIMATES 65
FIGURE 27: EXTENSIONS REVENUES HISTORY & FORECAST ESTIMATES 66
FIGURE 28 : SOLVENT VOLUMES FOR NTD RINSE & DEVELOP FORECAST EST. 74
FIGURE 29 :EBR RELATIVE VOLUMES* HISTORY & FORECAST ESTIMATES 75
F I G U R E S
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 5
FIGURES & TABLES
FIGURE 30: EUV LAYERS EVOLUTION 79
FIGURE 31: EUV RESIST VOLUME 5-YEAR FORECAST 80
FIGURE 32: EUV RESIST REVENUE 5-YEAR FORECAST 81
FIGURE 33: EUV LITHOGRAPHY OPTICAL PATH 83
FIGURE 34: EUV LITHOGRAPHY NOISE 8
FIGURE 35: EUV LIGHT AND PHOTON ABSORPTION GIVES NOISE 85
FIGURE 36: CAR RESIST ACTIVATION MECHANISM 86
FIGURE 37: EUV MOR RESIST ACTIVATION MECHANISM 86
FIGURE 38: RESOLUTION VS. EXPOSURE DOSE* 88
FIGURE 39: EUV TOOL CAPACITY 90
FIGURE 40: RECTIFICATION OF EUV PATTERNS 96
FIGURE 41: NANOIMPRINT PROCESS 98
FIGURE 42: RESIST VOLUME 107
FIGURE 43: 2020 PHOTORESIST MARKET SHARES 110
TABLE 1: COVID-19 LOCKDOWNS AND RESTRICTIONS BY REGION(APRIL 2020) 27
TABLE 2: GLOBAL GDP AND SEMICONDUCTOR REVENUES* 28
TABLE 3: IMF WORLD ECONOMIC OUTLOOK* 29
TABLE 4: 2020 AUTO INDUSTRY GROWTH IMPACT FACTORS 36
TABLE 5: DATA CENTER SYSTEMS AND COMMUNICATION SERVICES FORECAST 2020 40
TABLE 6: WORLDWIDE DEVICE SHIPMENTS BY DEVICE TYPE, 2020-2022 41
TABLE 7: 2019 INVESTMENT PLANS FOR SELECTED DEVICE COMPANIES 44
TABLE 8: CHINA FABS CAPABILITIES STATUS 45
TABLE 9: 2020/ 2019 GROWTH ESTIMATES FOR 3DNAND, DRAM AND LOGIC DEVICES (ADVANCED NODES AND LEADING EDGE) 47
TABLE 10: SUPPLIERS OF NOTE FOR EXTENSION MATERIALS 67
TABLE 11: JSR TARGET OF VALUEACT 113
T A B L E S
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 6
2 SCOPE, PURPOSE AND METHODOLOGY
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 7
SCOPE
• This report covers the lithography materials market and supply-chain for these materials used in semiconductor device fabrication. The report contains data and analysis from TECHCET’s data base and Sr. Analyst experience, as well as that developed from primary and secondary market research. For more information on TECHCET Critical materials Reports™ please go to https://TECHCET.com
• Photoresists are defined as the spun-on photo-active resins used to capture photons in microlithographic patterning. Extensions are defined as materials that extend the resolution of photoresists including bottom anti-reflective coatings (BARC or spin-on carbon SOC) and top anti-reflective coatings (TARC), spin-on hard-masks (SOHM), adhesion layers (AL), and shrink/trim materials. Ancillaries are defined as critical materials for microlithography including edge-bead removers (EBR), strip/rinse solvents, and developers.
• Note that TECHCET does not define Post-Etch Residue Remover (PERR) chemistries as part of lithography materials, but as "Wet Chemicals / Specialty Cleaning Chemicals" as shown in the table in Section 2.4.
2.1
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 8
PURPOSE
This Critical Materials Report™ (CMR) provides focused information for supply-chain managers, process integration and R&D directors, as well as business development managers, and financial analysts. The report covers information about key suppliers, issues/trends in the material supply chain, estimates on supplier market share, and forecast for the material segments.2.2
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 9
METHODOLOGY
TECHCET employs subject matter experts having first-hand experience within the industries which they analyze. Most of TECHCET’s analysts have over 25 years of direct and relevant experience in their field. Our analysts survey the commercial and technical staff of IC manufacturers and their suppliers and conduct extensive research of literature and commerce statistics to ascertain the current and future market environment and global supply risks. Combining this data with TECHCET’s proprietary, quantitative wafer forecast results in a viable long-term market forecast for a variety of process materials.
2.3
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 10
OVERVIEW OFOTHER TECHCET CMR™ REPORTS
• TECHCET produces electronic material supply chain reports each year as one of its functions for the Critical Materials Council. Reports to be published in 2019 can be found at www.techcet.com and are listed in the table below:
2.42020 TECHCET CRITICAL MATERIAL REPORTS™
1. CMP Consumables (Slurry, Pads, Disks)
2. ALD/CVD Precursors (Metals & Dielectrics)
3. Equipment Components- Quartz
4. Equipment Components- Silicon, SiC, Ceramics
5. Gases- Electronic Specialty, Bulk, & Rare
6. Rare Earth Market
7. Photoresist, Ancillary, & Extensions
8. Silicon Wafers
9. Sputter Targets
10. Metal Chemicals
11. Wet Chemical
12. Roadmaps & Device Technology
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 11
TABLE OF CONTENTS 1 Avantor ......................................................................................................................... 133
1.1 Avantor - Company Overview ............................................................................................. 133
1.2 Business Segments .............................................................................................................. 133
1.3 Financial Overview .............................................................................................................. 133
1.4 News ................................................................................................................................... 134
1.5 Key Customers (especially electronics /chip companies) ..................................................... 134
1.6 Manufacturing Locations, Capabilities, and Certifications ................................................... 134
1.7 JVs and Partnerships ........................................................................................................... 135
1.8 Sales Reps and Distributors by Region ................................................................................. 135
1.9 TECHCET Analyst Assessment .............................................................................................. 136
2 BASF ............................................................................................................................. 137
2.1 BASF - Company Overview .................................................................................................. 137
2.2 Business Segments .............................................................................................................. 138
2.3 Financial Overview .............................................................................................................. 140
2.4 News ................................................................................................................................... 140
2.5 Key Customers (especially electronics /chip companies) ..................................................... 141
2.6 Manufacturing Locations, Capabilities, and Certifications ................................................... 141
2.7 JVs and Partnerships ........................................................................................................... 142
2.8 Sales Reps and Distributors by Region ................................................................................. 142
2.9 TECHCET Analyst Assessment .............................................................................................. 143
3 Brewer Science ............................................................................................................. 144
3.1 Brewer Science - Company Overview .................................................................................. 144
3.2 Business Segments .............................................................................................................. 144
3.3 Financial Overview .............................................................................................................. 145
3.4 News ................................................................................................................................... 145
3.5 Key Customers (especially electronics/chip companies) ...................................................... 145
3.6 Manufacturing Locations, Capabilities, and Certifications ................................................... 145
3.7 JVs and Partnerships ........................................................................................................... 146
3.8 Sales Reps and Distributors by Region ................................................................................. 146
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 12
3.9 TECHCET Analyst Assessment .............................................................................................. 147
4 Chang Chun ................................................................................................................... 149
4.1 Chang Chun Group - Company Overview ............................................................................. 149
4.2 Business Segments .............................................................................................................. 149
4.3 Electronic materials offered in photoresist: ......................................................................... 150
4.4 Financial Overview .............................................................................................................. 150
4.5 News ................................................................................................................................... 150
4.6 Key Customers (especially electronics /chip companies) ..................................................... 150
4.7 Manufacturing Locations, Capabilities, and Certifications ................................................... 150
4.8 JVs and Partnerships ........................................................................................................... 151
4.9 Sales Reps and Distributors by Region ................................................................................. 151
4.10 TECHCET Analyst Assessment .......................................................................................... 152
5 Dongjin Chemical .......................................................................................................... 152
5.1 Dongjin Semichem Co., Ltd. - Company Overview ............................................................... 152
5.2 Business Segments .............................................................................................................. 154
5.3 Financial Overview .............................................................................................................. 154
5.4 News ................................................................................................................................... 155
5.5 Key Customers (especially electronics/chip companies) ...................................................... 155
5.6 Manufacturing Locations, Capabilities, and Certifications ................................................... 155
5.7 JVs and Partnerships ........................................................................................................... 156
5.8 Sales Reps and Distributors by Region ................................................................................. 156
5.9 TECHCET Analyst Assessment .............................................................................................. 156
6 Dupont .......................................................................................................................... 157
6.1 DuPont-Company Overview ................................................................................................ 157
6.2 Business Segments .............................................................................................................. 158
6.3 Financial Overview .............................................................................................................. 159
6.4 News ................................................................................................................................... 160
6.5 Key Customers .................................................................................................................... 160
6.6 Manufacturing Locations, Capabilities, and Accreditations .................................................. 160
6.7 JVs and Partnerships ........................................................................................................... 161
6.8 Sales Reps and Distributors by Region ................................................................................. 162
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 13
6.9 TECHCET Analyst Assessment .............................................................................................. 162
7 Eastman ........................................................................................................................ 162
7.1 Eastman - Company Overview ............................................................................................. 162
7.2 Business Segments .............................................................................................................. 164
7.3 Financial Overview .............................................................................................................. 165
7.4 New .................................................................................................................................... 165
7.5 TECHCET Analyst Assessment .............................................................................................. 166
8 Everlight Chemical ........................................................................................................ 166
8.1 Everlight Chemical - Company Overview ............................................................................. 166
8.2 Business Segments .............................................................................................................. 167
8.3 Financial Overview .............................................................................................................. 167
8.4 News ................................................................................................................................... 168
8.5 Manufacturing Locations, Capabilities, and Certifications ................................................... 168
8.6 TECHCET Analyst Assessment .............................................................................................. 168
9 Fujifilm .......................................................................................................................... 168
9.1 FUJIFILM Corporation - Company Overview ........................................................................ 168
9.2 Business Segments .............................................................................................................. 169
9.3 Financial Overview .............................................................................................................. 170
9.4 News ................................................................................................................................... 171
9.5 TECHCET Analyst Assessment .............................................................................................. 171
10 Inpria ......................................................................................................................... 172
10.1 Inpria - Company Overview ............................................................................................. 172
10.2 Business Segments .......................................................................................................... 172
10.3 Financial Overview .......................................................................................................... 172
10.4 News ............................................................................................................................... 172
10.5 Manufacturing Locations, Capabilities, and Certifications ................................................ 172
10.6 JVs and Partnerships ........................................................................................................ 173
10.7 Sales Reps and Distributors by Region ............................................................................. 173
10.8 TECHCET Analyst Assessment .......................................................................................... 173
11 Irresistible Materials .................................................................................................. 173
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 14
11.1 Irresistible Materials - Company Overview ...................................................................... 173
11.2 Business Segments .......................................................................................................... 174
11.3 Financial Overview .......................................................................................................... 174
11.4 News ............................................................................................................................... 174
11.5 Key Customers (especially electronics /chip companies) .................................................. 174
11.6 Manufacturing Locations, Capabilities, and Certifications ................................................ 174
11.7 JVs and Partnerships ........................................................................................................ 174
11.8 Sales Reps and Distributors by Region ............................................................................. 174
11.9 TECHCET Analyst Assessment .......................................................................................... 175
12 Jiangsu HanTop Photo-Materials ................................................................................ 175
12.1 Jiangsu HanTop Photo Materials Co., Ltd. - Company Overview ....................................... 175
13 Jiangsu Nata Opto-electronic Material ....................................................................... 175
13.1 Company Overview-Jiangsu Nata Opto-electronic Material ............................................. 175
13.2 Business Segments-Jiangsu Nata Opto-electronic Material .............................................. 176
13.3 Financial Overview .......................................................................................................... 176
13.4 News ............................................................................................................................... 177
13.5 Key Customers (especially electronics /chip companies) .................................................. 177
13.6 Manufacturing Locations, Capabilities, and Accreditations .............................................. 177
13.7 Sales Reps and Distributors by Region ............................................................................. 178
13.8 TECHCET Analyst Assessment .......................................................................................... 178
14 JSR ............................................................................................................................. 178
14.1 JSR Corporation - Company Overview .............................................................................. 178
14.2 Business Segments .......................................................................................................... 179
14.3 Financial Overview .......................................................................................................... 180
14.4 News ............................................................................................................................... 180
14.5 Key Customers ................................................................................................................. 180
14.6 Manufacturing Locations, Capabilities, and Certifications ................................................ 181
14.7 JVs and Partnerships ........................................................................................................ 181
14.8 Sales Reps and Distributors by Region ............................................................................. 181
14.9 TECHCET Analyst Assessment .......................................................................................... 183
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 15
15 Kempur ...................................................................................................................... 183
15.1 KEMPUR - Company Overview ......................................................................................... 183
15.2 Business Segments .......................................................................................................... 183
15.3 Financial Overview .......................................................................................................... 185
15.4 News ............................................................................................................................... 185
15.5 Manufacturing Locations, Capabilities, and Certifications ................................................ 185
15.6 JVs and Partnerships ........................................................................................................ 185
15.7 Sales Reps and Distributors by Region ............................................................................. 185
15.8 TECHCET Analyst Assessment .......................................................................................... 185
16 Kumho Petrochemical ................................................................................................ 186
16.1 Kumho Petrochemical Co., Ltd. - Company Overview ....................................................... 186
16.2 Business Segments .......................................................................................................... 186
16.3 Financial Overview .......................................................................................................... 186
16.4 News ............................................................................................................................... 187
16.5 Key Customers ................................................................................................................. 187
16.6 TECHCET Analyst Assessment .......................................................................................... 187
17 Merck KGaA / EMD / AZ ............................................................................................. 187
17.1 Merck Company Overview ............................................................................................... 187
17.2 Business Segments .......................................................................................................... 188
17.3 Financial Overview .......................................................................................................... 189
17.4 News ............................................................................................................................... 190
17.5 Manufacturing Locations, Capabilities, and Accreditations .............................................. 190
17.6 Sales Reps and Distributors by Region ............................................................................. 191
17.7 TECHCET Analyst Assessment .......................................................................................... 192
17.8 Reference ........................................................................................................................ 192
18 Moses Lake Industries ................................................................................................ 192
18.1 Moses Lake Industries - Company Overview .................................................................... 192
18.2 Business Segments .......................................................................................................... 193
18.3 Financial Overview .......................................................................................................... 193
18.4 News ............................................................................................................................... 194
18.5 Key Customers (especially electronics /chip companies) .................................................. 194
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 16
18.6 Manufacturing Locations, Capabilities, and Certifications ................................................ 194
18.7 JVs and Partnerships ........................................................................................................ 194
18.8 Sales Reps and Distributors by Region ............................................................................. 194
18.9 TECHCET Analyst Assessment .......................................................................................... 195
19 Nissan Chemical ......................................................................................................... 195
19.1 Nissan Chemical Corporation - Company Overview .......................................................... 195
19.2 Business Segments .......................................................................................................... 196
19.3 Financial Overview .......................................................................................................... 196
19.4 News ............................................................................................................................... 197
19.5 Key Customers ................................................................................................................. 197
19.6 Manufacturing Locations, Capabilities, and Certifications ................................................ 197
19.7 JVs and Partnerships ........................................................................................................ 198
19.8 Sales Reps and Distributors by Region ............................................................................. 198
19.9 TECHCET Analyst Assessment .......................................................................................... 199
20 PhiChem .................................................................................................................... 200
20.1 PhiChem - Company Overview ......................................................................................... 200
20.2 Business Segments .......................................................................................................... 200
20.3 Financial Overview .......................................................................................................... 201
20.4 News ............................................................................................................................... 201
20.5 Key Customers ................................................................................................................. 201
20.6 Manufacturing Locations, Capabilities, and Accreditations .............................................. 202
20.7 JVs and Partnerships ........................................................................................................ 202
20.8 Sales Reps and Distributors by Region ............................................................................. 202
20.9 TECHCET Analyst Assessment .......................................................................................... 203
21 RuiHong ..................................................................................................................... 203
21.1 Suzhou Ruihong Electronic Chemical Co., Ltd. - Company Overview ................................. 203
21.2 Business Segments .......................................................................................................... 203
21.3 Financial Overview .......................................................................................................... 203
21.4 News ............................................................................................................................... 203
21.5 TECHCET Analyst Assessment .......................................................................................... 204
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 17
22 SACHEM ..................................................................................................................... 204
22.1 SACHEM - Company Overview ......................................................................................... 204
22.2 Business Segments .......................................................................................................... 204
22.3 Financial Overview .......................................................................................................... 205
22.4 News ............................................................................................................................... 205
22.5 TECHCET Analyst Assessment .......................................................................................... 205
23 Shin-Etsu .................................................................................................................... 205
23.1 Shin-Etsu Chemical Co., Ltd. - Company Overview ........................................................... 205
23.2 Business Segments .......................................................................................................... 206
23.3 Financial Overview .......................................................................................................... 207
23.4 News ............................................................................................................................... 207
23.5 Sales Reps and Distributors by Region ............................................................................. 208
23.6 TECHCET Analyst Assessment .......................................................................................... 208
24 Sumitomo .................................................................................................................. 208
24.1 Sumitomo Chemical - Company Overview ....................................................................... 208
24.2 Business Segments .......................................................................................................... 209
24.3 Financial Overview .......................................................................................................... 210
24.4 News ............................................................................................................................... 210
24.5 TECHCET Analyst Assessment .......................................................................................... 210
25 Suntific ...................................................................................................................... 211
25.1 Suntific - Company Overview ........................................................................................... 211
25.2 Business Segments .......................................................................................................... 211
25.3 Financial Overview .......................................................................................................... 211
25.4 News ............................................................................................................................... 211
25.5 TECHCET Analyst Assessment .......................................................................................... 211
26 TOK ............................................................................................................................ 212
26.1 Tokyo Ohka Kogyo (TOK) - Company Overview ................................................................ 212
26.2 Business Segments .......................................................................................................... 213
26.3 Financial Overview .......................................................................................................... 213
26.4 News ............................................................................................................................... 214
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 18
26.5 Key Customers ................................................................................................................. 214
26.6 Manufacturing Locations, Capabilities, and Certifications ................................................ 214
26.7 JVs and Partnerships ........................................................................................................ 215
26.8 Sales Reps and Distributors by Region ............................................................................. 215
26.9 TECHCET Analyst Assessment .......................................................................................... 216
TECHCET-CMR-LITHOMaterials-CMCF-TOC-061720LS Copyright 2020 TECHCET CA, LLC all rights reserved
TECHCET Clients & CMC Confidential www.techcet.com 19
