UV (Ultraviolet) Tapes Market Overview:
UV (Ultraviolet) Tapes Market was estimated to be worth USD 426.63 Million in 2021, accounting for a CAGR of 7.6% during the forecast period (2022-2030), and this market is expected to reach USD 824.83 Million by 2030.
UV (Ultraviolet) tapes are pressure-sensitive tapes that find their major application in the semiconductor manufacturing process. UV tapes protect surfaces of the semiconductor wafers during back grinding and dicing procedures. These tapes are also suitable in working with ceramics, glass, and sapphire. Typically, UV tapes provide strength and protection to the fragile wafer in the fabrication process during manufacturing and shipment. Thus, these tapes are ideal for the electronics and semiconductor industry due to their high tolerance to direct sunlight, strong adhesion, resistance to abrasion, and waterproofing properties.
UV-curable back-grinding tape have applications in Wafer backgrinding during the semiconductor fabrication process. When semiconductors are fabricated their thickness is about 700 mm. But the finished silicon wafer is only 300 mm thick. The initial thickness is important for mechanical stability and strength during the production process. But this level of semiconductor’s thickness will make modern devices extremely bulky thus reducing the size of semiconductor wafers is crucial. Hence semiconductor chips are mounted on UV tapes and then the backgrinding process is initiated which reduces the thickness. Why are UV tapes used? Because they have extremely good adhesive properties which perfectly holds the chip at their place and when they are exposed to UV light they loss their adhesive properties making detachment easy without any mechanical damage to the chip. This application makes UV tapes absolutely essential in the semiconductor industry. Semiconductor chip industry is one of the fastest growing industry in recent times and its growth is estimated to propel the demand for UV tapes. Making it main driver for the demand of UV tapes.
Dynamics:
Driver:
- Applications in dicing procedures of semiconductors :-
UV tapes are also extensively used in the procedure of dicing of silicon chips in semiconductor industry.
- Application in glass and ceramic fabrication:
UV tapes are also extensively used in glass and ceramic fabrication procedures they hold thin glass pieces during its dicing and grinding procedures. These applications are typically reserved for glass which is to be used in high end electronic devices.
Restraint:
UV tapes are typically made from materials like polyolefin, PVC, and PET which are non-bio-degradable and act as pollutant. These limitation and drawbacks are major challenges for the sustainable growth of this market. Governments have strict regulations on the primary raw material source of UV tapes, exposing it to major risks if any ban or restriction is imposed from government’s side. Furthermore, fluctuating prices for raw material is also a major challenge faced by the market stake holders.
UV tapes major market share is captured by semiconductor industry make it less diversified if any new technology or procedure replaces the use of UV tapes in semiconductor the demand would free fall. This is one of the major challenge which is obstructing heavy investments in this market.
Covid-19 Impact:
UV (Ultraviolet) Tapes Market was significantly impacted due to COVID outbreak. The main reason for this negative impact was government’s restrictions and lockdowns. Due to lockdowns the demand for several products plummeted. The automobile industry which is one of the major consumer for semiconductors was majorly hit. Due to low demand from automobile industry the semiconductor manufactures had to cut down their production actives. Apart from low demand sever lockdowns in countries like China completely killed the demand for UV tapes from semiconductor industry. But now with the reopening of the industry the demand for semiconductors is back and is even higher than pre covid levels. With production activities running at full capacities the demand for UV tapes is also surging.
UV (Ultraviolet) Tapes Market Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2016-2030 |
| Market Size in 2030 (USD Million) | 824.83 Million |
| CAGR (2022-2030) | 7.6% |
| Material Type | Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET) Polyolefin (PO) |
| By Application | Electrical & Electronics (Integrated Circuits, Sensors, Semiconductors, Others), Glass And Ceramics. |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa. |
| Key Players | 3m.,Ai Technology, Inc., Amc Co.,Ltd., Daest Coating India Pvt Ltd., Denka Company Limited., Furukawa Electric Co., Ltd, Loadpoint, Lintec Corporation, Mitsui Chemicals, Inc., Nitto Denko Corporation, Particles Plus, Inc., Pantech Tape Co., Ltd., Qes Group Berhad, Simac, Showa Denko Materials Co., Ltd., Sumitomo Bakelite Co., Ltd., Ultron Systems, Inc.,
|
Market Segmentation:
By Material Type
The Material type segment is divided into polyvinyl chloride (PVC), polyethylene terephthalate (PET) polyolefin (PO). In this segment, the largest marketshare by revenue was captured by polyethylene terephthalate. The PET UV backed tapes have excellent properties like they are lightweight, non-toxic, and have good mechanical strength. Making them suitable to make UV Tapes thus giving them largest market share. On the other hand a significant market share is also captured by PO baked UV tapes. These tapes are typically used in glass and ceramic fabrication applications.
By Application
The Application segment is categorized into Electrical & Electronics (Integrated Circuits, Sensors, Semiconductors, Others) and Glass and ceramics. The Electrical and electronic segment was the largest consumer for UV tapes. In this segment too the largest consumption for UV tapes was from IC and semiconductor industry. This segment is by far the largest and at the same time it is the fastest growing too. The other segment Glass and ceramics will show case moderate growth in the forecasted period.
By Region
The region segment is divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In this segment the largest market share is captured by Asia pacific region. The main reason behind this growth is high concentration of semiconductor manufacturers in countries like Taiwan and japan. In fact China is the largest producer of semiconductors in the world. Consequently the demand for UV tapes is highest in this region. Countries like India are also investing heavily into the development of semiconductor manufacturing units. For instance, the multibillion dollar Indian company Vedanta announced investment of USD 19 billion in development of brand new semiconductor manufacturing unit in Indian state of Gujarat. The North American region is also estimated to showcase significant growth and the major cause for this growth is due to the expansion of semiconductor manufacturing units by the existing market players in order to reduce the dependence on China for their semiconductor supply.
UV (Ultraviolet) Tapes Market Competitive Landscape:
The competitive landscape of the UV (Ultraviolet) Tapes Market have been thoroughly evaluated in this report. Along with in depth profiles of the major players operating in this industry. Surge in R&D, product innovation, business strategies, product launches were found to be accelerating the growth of this market. Furthermore, the revenue breakup, SWOT analysis and opportunities are also presented with this growth:-Key players in this market are-
Daest Coating India Pvt Ltd.
Denka Company Limited.
Furukawa Electric Co., Ltd
Loadpoint
Lintec Corporation
Mitsui Chemicals, Inc.
Nitto Denko Corporation
Particles Plus, Inc.
Pantech Tape Co., Ltd.
Qes Group Berhad
Simac
Showa Denko Materials Co., Ltd.
Sumitomo Bakelite Co., Ltd.
Ultron Systems, Inc.
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