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The global photomask market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032. The photomask market is primarily driven by the increasing need for high-tech semiconductor devices and integrated circuits. rapid growth of the electronics and automotive sectors, ongoing advancements in lithography processes and increased innovation in the industry.
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