Research Reports
UV Tapes Market will exhibit a CAGR of 9.3 % during 2015 to 2020
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The UV tapes market is set to grow at a 9.3% CAGR by 2020, driven by semiconductor demand and strong growth in Asia Pacific.
These tapes are generally thinner as compared to other tapes, which vary from between 70 to 150 micrometers. UV tapes market are subset of PSA tapes market and are estimated to represent less than 1% share in terms of revenue in overall PSA tapes market. Global UV tapes market is projected to exhibit a CAGR of 9.3% to reach US$ 437.9 Mn by the end of forecast period 2020.
UV tapes are a type of pressure-sensitive tapes with high adhesion strength, which reduces drastically on exposure to UV light, thereby allowing clean and easy removal of semiconductor chips after it has fulfilled its purpose. During fabrication, storage, and shipping of semiconductor wafers, these tapes temporarily protect wafers against scratching and surface damage. These are produced from PVC, PET, or PO backing material with acrylic adhesive to hold pieces of semiconductor (dies) in place. These tapes are generally thinner as compared to other tapes, which vary from between 70 to 150 micrometers.
The report analyses the global UV tapes market in terms of market value (US$ Mn) by applications, region and product type and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.
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As of 2014, UV tapes accounted for less than 1% of the global PSA tapes market in terms of volume and value. Increase in demand for consumer electronics coupled with miniaturization of electronic devices is driving the demand for semiconductors that leads to growing demand for UV tapes. Various governments in Asia Pacific are focusing on sustainable development and have formulated the regulations for same. These regulations and initiatives are identified as underlying driving factors of the market. On the flipside, high cost of UV tapes than non-UV tapes is a minor restraint in the UV tapes market.
From regional perspective, Asia Pacific and North America represented prominent markets for global UV tapes market in 2014. In terms of market value, Asia Pacific is projected to account for 5.4X higher revenue than North America by the end of forecast period 2020. Presence of large scale semiconductor foundries in Asia Pacific is the prime reason behind the surge in demand for UV tapes in this region. Asia Pacific is expected to be the largest market for UV tapes in terms of value, followed by North America and Europe.
Market segmentation
The next section of the report analyses the market based on applications and presents the forecast in terms of value for the next five years.
Applications covered in the report include:
The next section of the report analyses the market based on product type and presents the forecast in terms value for the next five years.
Product types covered in the report include:
The next section of the report analyses the market based on regions and presents the forecast in terms of value for the next five years.
Regions covered in the report include:
Key market participants covered in the report include UV tape manufacturers and raw material suppliers. Furukawa Electric Co., Ltd. Nitto Denko Corporation, Mitsui Chemicals, Lintec Chemicals, and Sumitomo Bakelite Co. Ltd. are key manufacturers, while BASF SE, Henkel AG & Company and Dow Chemical Co are some of the key raw material suppliers covered under this research report.
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The main topic is the growth and forecast of the UV tapes market from 2015 to 2020.
The demand for semiconductors and consumer electronics drives the UV tapes market.
The high cost of UV tapes compared to non-UV tapes is a minor market restraint.
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