The Global Liquid Photosensitive Solder Resist Ink Market was valued at USD 269 Million in 2023 and is projected to reach USD 462.25 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.20% during the forecast period (2023–2032). This growth is being driven by the surging demand for printed circuit boards (PCBs) in consumer electronics, automotive applications, and aerospace sectors, coupled with innovations in high-resolution and environmentally friendly ink formulations that enhance manufacturing precision and reliability.
As the electronics industry evolves toward miniaturization, higher performance, and sustainable production practices, the focus turns to the essential materials that enable these advancements. Liquid photosensitive solder resist ink plays a critical role by protecting PCB circuits from solder bridges and environmental damage during assembly. In this blog, we profile the Top 10 Companies in the Liquid Photosensitive Solder Resist Ink Market—a blend of established chemical giants, specialized material providers, and innovative developers shaping the future of PCB fabrication worldwide.
🔟 1. Taiyo Ink Mfg. Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: PSR-4000 Series (Solvent-Based and Non-Solvent Based Photosensitive Inks)
Taiyo Ink stands as a pioneer in the photosensitive solder resist ink space, supplying high-performance formulations to major PCB manufacturers globally. Their products are widely used in consumer electronics and automotive PCBs, offering excellent adhesion, resolution, and chemical resistance essential for high-density interconnects.
Innovation Initiatives:
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Development of alkali-developable inks for finer line widths down to 25 microns
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Focus on low-VOC and halogen-free compositions to meet global environmental standards
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Collaborations with PCB fabricators to optimize ink for 5G and IoT applications
Download FREE Sample Report: Liquid Photosensitive Solder Resist Ink Market – View in Detailed Research Report
9️⃣ 2. Tamura Corporation
Headquarters: Tokyo, Japan
Key Offering: TS Series (Non-Solvent Based Inks for High-Reliability Applications)
Tamura Corporation excels in providing advanced materials for the electronics industry, with its liquid photosensitive solder resist inks tailored for aerospace and instrumentation PCBs. The company’s inks ensure superior insulation and durability, supporting the rigorous demands of high-frequency and multilayer boards.
Innovation Initiatives:
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Advancements in UV-curable formulations for faster curing and reduced energy consumption
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Integration of nanotechnology to improve thermal stability and solder joint integrity
8️⃣ 3. Ajinomoto Fine-Techno Co., Inc.
Headquarters: Tokyo, Japan
Key Offering: Ault Series (Solvent-Based Inks for Consumer Electronics)
Ajinomoto Fine-Techno leverages its expertise in fine chemicals to deliver solder resist inks that meet the precision needs of smartphones and wearables. Their products are known for exceptional photo-sensitivity and compatibility with lead-free soldering processes, driving efficiency in high-volume production.
Innovation Initiatives:
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Research into bio-based resins for sustainable ink production
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Enhancements for fine-pitch applications in flexible and rigid-flex PCBs
7️⃣ 4. Showa Denko Materials Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: SR Series (Non-Solvent Based Inks for Automotive and Industrial Use)
Showa Denko Materials is a key supplier of photosensitive inks that withstand harsh automotive environments, including vibration and temperature extremes. Their formulations support the growing integration of electronics in electric vehicles and advanced driver-assistance systems (ADAS).
Innovation Initiatives:
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Development of high-adhesion inks for metal-clad laminates in EV power modules
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Expansion of production capacity to meet Asia-Pacific demand surges
Download FREE Sample Report: Liquid Photosensitive Solder Resist Ink Market – View in Detailed Research Report
6️⃣ 5. Nan Ya Plastics Corporation
Headquarters: Taoyuan City, Taiwan
Key Offering: NPH Series (Solvent-Based and Water-Developable Inks)
Nan Ya Plastics provides cost-effective yet high-quality solder resist inks, serving the consumer electronics and others segments with robust protection against corrosion and mechanical stress. Their global supply chain ensures timely delivery to major PCB hubs in Asia.
Innovation Initiatives:
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Innovation in matte-finish inks to reduce light reflection in optical devices
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Certifications for RoHS and REACH compliance across product lines
5️⃣ 6. Huntsman Corporation
Headquarters: The Woodlands, Texas, USA
Key Offering: Araldite Series (Specialty Non-Solvent Based Inks for Aerospace)
Huntsman brings its epoxy expertise to the solder resist market, offering inks with unmatched chemical resistance for aerospace and instrumentation applications. These products are vital for PCBs in avionics and medical devices, where reliability is paramount.
Innovation Initiatives:
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Focus on low-temperature curing processes to minimize substrate warpage
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Partnerships with OEMs for customized formulations in high-reliability sectors
4️⃣ 7. Taiwan S.M Materials Corporation
Headquarters: Taichung City, Taiwan
Key Offering: SMPSR Inks (Solvent-Based for Consumer and Automotive PCBs)
Taiwan S.M Materials specializes in inks optimized for high-speed production lines, catering to the booming consumer electronics market in Asia-Pacific. Their products excel in resolution and solder heat resistance, supporting the miniaturization trend in gadgets.
Innovation Initiatives:
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Advancements in dry-film compatible liquid inks for hybrid processes
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Investment in R&D for inks suitable for HDI (High-Density Interconnect) boards
3️⃣ 8. Jiangsu Kuangshun Photosensitivity New Material Co., Ltd.
Headquarters: Changzhou, China
Key Offering: KS Series (Non-Solvent Based Inks for Industrial Applications)
As a rising force in China, Jiangsu Kuangshun provides affordable, high-performance inks that are increasingly adopted in automotive and instrumentation sectors. The company’s emphasis on local production reduces costs while maintaining quality standards for global exports.
Innovation Initiatives:
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Development of inks with enhanced flexibility for bendable electronics
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Scalable manufacturing to support the growth of China’s electronics ecosystem
2️⃣ 9. Shenzhen Rongda Photosensitive Technology Co., Ltd.
Headquarters: Shenzhen, China
Key Offering: RD Series (Solvent-Based Inks for Consumer Electronics)
Shenzhen Rongda is at the forefront of China’s PCB material innovation, supplying inks that meet the demands of high-volume smartphone and appliance manufacturing. Their products offer superior edge coverage and insulation for complex circuit designs.
Innovation Initiatives:
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Innovation in photoinitiators for better depth of cure in thick-film applications
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Expansion into eco-friendly, water-soluble variants to align with green manufacturing
1️⃣ 10. Coats Electronic (formerly Coates)
Headquarters: Uxbridge, United Kingdom
Key Offering: Selectra Series (Non-Solvent Based Inks for Aerospace and Automotive)
Coats Electronic delivers premium solder resist solutions with a focus on precision and durability, serving European and North American markets in aerospace and automotive fields. Their inks are renowned for compliance with stringent IPC standards and long-term reliability.
Innovation Initiatives:
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Research into conductive inks integration for advanced PCB functionalities
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Strategic alliances with European PCB producers for customized solutions
Read Full Report: Liquid Photosensitive Solder Resist Ink Market – View in Detailed Research Report
🌍 Outlook: The Future of Liquid Photosensitive Solder Resist Ink Is More Precise and Sustainable
The liquid photosensitive solder resist ink market is experiencing steady evolution, fueled by the relentless push for smaller, smarter electronics. While traditional solvent-based inks remain prevalent, the sector is channeling significant resources into non-solvent, eco-friendly alternatives, advanced curing technologies, and formulations tailored for emerging applications like 5G and electric vehicles.
This transformation is not just about meeting current demands; it’s about anticipating the needs of a hyper-connected world. As PCB complexity increases, inks must deliver finer resolution, better adhesion, and reduced environmental impact. North America, with its estimated market size of USD 77.74 Million in 2023 and a CAGR of 5.31% from 2025 to 2032, exemplifies the region’s commitment to innovation in high-reliability sectors such as aerospace and instrumentation.
📈 Key Trends Shaping the Market:
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Shift toward non-solvent based inks to comply with stricter VOC regulations in Europe and North America
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Growth in demand from automotive electrification, requiring inks with high thermal and electrical performance
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Adoption of digital printing techniques for customized PCB protection layers
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Expansion in Asia-Pacific, driven by consumer electronics manufacturing hubs in China and Taiwan
Market Trends Affecting Liquid Photosensitive Solder Resist Ink Development
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Miniaturization and High-Density PCBs — As devices become smaller, inks must support resolutions below 50 microns, enabling denser circuits without compromising protection. Companies like Taiyo Ink are leading with ultra-fine imaging capabilities.
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Sustainability and Regulatory Compliance — With global bans on hazardous substances, manufacturers are prioritizing halogen-free and low-VOC inks. This trend is particularly strong in the EU, where REACH directives are pushing innovation toward water-based alternatives.
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Integration with Flexible and Stretchable Electronics — The rise of wearables and foldable screens demands inks that maintain integrity under flexing. Huntsman and Ajinomoto are investing in flexible formulations to capture this niche.
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Automation in PCB Fabrication — Inkjet printing and robotic application are reducing waste and improving yield. This is reshaping supply chains, with providers like Tamura optimizing inks for automated processes.
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Supply Chain Resilience Post-Pandemic — Geopolitical tensions and raw material shortages are prompting diversification. Chinese firms like Jiangsu Kuangshun are expanding local sourcing to mitigate risks.
Furthermore, the market’s segmentation by type—solvent-based holding the larger share due to cost-effectiveness—and by application, with consumer electronics leading at over 40%—highlights opportunities in underserved areas like aerospace, where precision trumps volume. Challenges such as raw material price volatility persist, but they are offset by robust R&D investments totaling billions annually across key players.
Because of these dynamics, the competitive landscape is intensifying, with mergers and partnerships accelerating. For instance, collaborations between ink developers and PCB giants are fostering co-innovation, ensuring that products evolve in tandem with end-user needs. However, smaller players must navigate patent barriers set by leaders like Taiyo Ink, which holds significant intellectual property in photo-sensitive technologies.
Looking ahead, the Asia-Pacific region will dominate with nearly 60% market share, propelled by manufacturing booms in semiconductors and EVs. Europe and North America, meanwhile, will focus on premium, sustainable variants, driven by regulatory pressures and high-tech industries. Overall, the market’s trajectory points to a CAGR above 6%, underscoring its vital role in the electronics value chain.
Investors and strategists should note the potential in niche segments like aerospace, where inks must endure extreme conditions, offering margins higher than in consumer goods. Value chain analysis reveals upstream resin suppliers as bottlenecks, but downstream PCB assemblers are the primary demand drivers, creating symbiotic relationships.
In summary, this market’s growth is intertwined with the broader electronics renaissance. Companies are not only protecting circuits—they’re enabling the next wave of technological breakthroughs.
Read Full Report: Liquid Photosensitive Solder Resist Ink Market – View in Detailed Research Report
The companies listed above are not only shielding global circuits—they’re pioneering the precise and green evolution of electronics manufacturing.
To delve deeper into market sizes, competitive strategies, and regional insights, our comprehensive report offers detailed forecasts, SWOT analyses, and Porter’s Five Forces evaluations. It equips stakeholders with the data needed to navigate this dynamic sector effectively.
From solvent-based staples to cutting-edge non-solvent innovations, these leaders are setting the pace. As 5G rolls out and EVs proliferate, their role in ensuring flawless PCB performance will only grow. For those eyeing entry or expansion, understanding their moves is crucial—opportunities abound in sustainable and high-performance niches.
Moreover, with North America’s steady CAGR, investments in R&D there could yield substantial returns, especially in aerospace applications where reliability commands premium pricing. Globally, the push for circular economy principles may spur recyclable ink developments, further transforming the landscape.
This outlook is based on rigorous analysis of current trends and projections, highlighting why the liquid photosensitive solder resist ink market remains a cornerstone of modern manufacturing.