San Francisco, 4 December 2018: Global UV tapes market is
expected to reach USD 677.2 million by 2025, according to a new report by Grand
View Research, Inc. Growing electronics and semiconductor industries are
expected to play key roles in the market growth over the forecast period.
Polyolefin was one of the primary raw material used in manufacturing of UV
tapes. These tapes were most widely used in 2015 on account of high performance
characteristics under extreme heat and pressure conditions.
Growing demand for miniaturized
semiconductor and electronic components have driven the market for ICs and
micro-chips, further boosting the UV tapes industry. These tapes are used for
applications such as back grinding and wafer dicing, in the semiconductor
industry.
Access
Research Report of UV Tapes Market@ www.grandviewresearch.com/industry-analysis/uv-tapes-market
Further key findings from the report suggest:
· Wafer dicing was the most dominant
application in 2015 owing to rapid electronics industry growth, as it involves
sawing or cutting of wafer into a precise size and shape for use in electronic
devices
· The back grinding application accounted for
over 40% of the industry by value in 2015 due to growing demand for
compact-sized and powerful electronic devices such as smartphones and tablets
· The polyolefin (PO) UV tapes market was
valued at over USD 150 million in 2015 on account of their superior performance
as compared to other alternatives such as PVC and PO UV tapes
· PVC UV tapes held a share of over 20% by
value in 2015, as they are considered eco-friendly and can be easily recycled,
thus increasing their popularity over the past few years
· Asia Pacific is projected to witness the
highest CAGR of over 10% from 2016 to 2025 courtesy growing demand from its
booming electronics and semiconductor industries
· Electronic powerhouses such as China,
Taiwan, South Korea and Japan accounted for the majority of the market in the
Asia Pacific region in 2015 due to the presence of major electronics players
such as Toshiba, Pioneer, Samsung, Hitachi and Sharp
· Central & South America is projected to
witness the second-highest CAGR of over 9% from 2016 to 2025 on account of growing
demand from emerging countries in this region such as Brazil, Colombia, and
Argentina
· The industry is consolidated with a limited
number of manufacturers and distributors across the world with Furukawa
Electric Co. Ltd., Mitsui Chemicals, Lintec Corporation, and Nitto Denko
Corporation being the key players in 2015
· These players resorted to both, organic as
well as inorganic growth strategies, in order to enter new regions and increase
their respective market shares
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the
global UV Tapes market on the basis of product, application and region:
Product Outlook (Volume, Million Square
Meters: Revenue, USD Million, 2014 - 2025)
·
Polyolefin (PO) UV Tapes
·
Polyvinyl Chloride (PVC) UV Tapes
·
Polyethylene Terephthalate (PET) UV Tapes
·
Other UV Tapes
Application Outlook (Volume, Million Square
Meters: Revenue, USD Million, 2014 - 2025)
·
Wafer Dicing
·
Back Grinding
·
Others
Regional Outlook (Volume, Million Square
Meters: Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
France
·
Asia Pacific
o
China
o
South Korea
·
Latin America
o
Brazil
·
Middle East & Africa
Access Press Release of
UV Tapes Market@ www.grandviewresearch.com/press-release/global-uv-tapes-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
No comments:
Post a Comment