Uptake in Wafer Manufacturing to Push Revenues of Dicing Tapes Market to Touch ~US$ 1.5 Bn by 2027 Globally; Leading Share of Single-sided Tapes Key to Growth, Finds Transparency Market Research

Uptake in Wafer Manufacturing to Push Revenues of Dicing Tapes Market to Touch ~US$ 1.5 Bn by 2027 Globally; Leading Share of Single-sided Tapes Key to Growth, Finds Transparency Market Research

PR Newswire

ALBANY, New York, March 11, 2020

ALBANY, New York, March 11, 2020 /PRNewswire/ -- Widespread demand for dicing tapes for semiconductor wafer dicing has spiraled from the rising application in consumer electronics world over. This aside, growing use of the products for the dicing of packaging, glass, and ceramics strengthens revenue generation in the global dicing tapes market.

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A new TMR study finds that the global market is expected to clock a CAGR of ~6% from 2019 to 2027 (the forecast period). The global valuation in 2018 stood at ~US$ 0.875 bn, and is anticipated to reach worth of ~US$ 1.5 bn by the period-end.

"Analysts at Transparency Market Research note that constant efforts by manufacturers to meet the proliferating demand for flexible and stretchable tapes in the electronics and electrical industries fuel the dicing tapes market to expand at moderate pace through 2027. Such efforts will also define the pace of product innovation in forthcoming years."

Key Findings of Dicing Tapes Market Study

Explore 158 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Dicing Tapes Market (Product: UV Curable Dicing Type, Non-UV Curable Dicing Type; Backing Material: Polyvinyl Chloride, PET, Polyolefin, Others (EVA, etc.); Thickness: Below 85 Microns, 85-125 Microns, 126-150 Microns, Above 150 Microns; Coating: Single-sided, Double-sided; Application: Wafer Dicing, Package Dicing, Others [Glass, Ceramics]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/dicing-tapes-market.html

Dicing Tapes Market: Key Driving Factors and Promising Avenues

Rising demand for wafer dicing in making semiconductors for internet of things and wearable technology devices is key to growing revenues in the dicing tapes market. Thus, strides in consumer durables in Asia Pacific fuel the market growth. Changing environmental regulations in integrated circuits (ICs) manufacturing are key to lucrative avenues; rising demand for PO- and PET-based dicing tapes is corroborating the trend.

Apart from these, following trends are crucial for steady revenues in the dicing tapes market:

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Dicing Tapes Market: Region-wise Analysis

Geographically, Europe, the Americas, and a few Asia Pacific countries have been at the forefront of growth in the global dicing tapes market. Some of the recent trends are worth noticing:

Analyze dicing tapes market growth in 30+ countries including US, Canada, Germany, United Kingdom, ASEAN Countries, Japan, India, China, and Japan. Request a sample of the study.

Dicing Tapes Market Competition Landscape

Following developments and trends are worth noticing:

Some of the well-entrenched players in the dicing tapes market are Sumitomo Bakelite Co. Ltd., Denka Company Limited, Nippon Pulse Motor Taiwan, LINTEC Corporation, Mitsui Chemicals Inc., and Shenzhen Xinst Technology Co. Ltd.  

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/46674

The dicing tapes market is segmented on the basis of:

Product

Backing Material

Thickness

Coating

Application

Region

Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:

3D Holographic Tapes Market – 3D Holographic tapes are growing on the backdrop of impressive growth in the packaging industry. Furthermore, higher usability in the commercial and household places has collectively augmented the demand for 3D Holographic tapes worldwide.

Release Liner Market – Rising label printing technology and growing demand for film-based liners are creating lucrative opportunities for key players operating in the release liners market.

Thermal Release Tapes Market – Mounting competition in industries like construction, automotive, electrical and aviation have compelled the market players to lower their production run time and effective utilization of resources. Such trends and tripping points, in turn, have expanded the scope of the thermal release tape, driving the demand throughout the forecast period.

Industrial Tapes Market – Demand for commodities and appliances is increasing which is the key driving factor for the growth of the industrial tapes market.

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About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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