[February 22, 2017] |
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$677.2 Million UV Tapes Market Size & Trend Analysis by Product, by Application, by Region, and Segment Forecasts, 2014 - 2025 - Research and Markets
Research and Markets has announced the addition of the "UV
Tapes Market Size & Trend Analysis By Product (Polyolefin (PO),
Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET)), By
Application (Wafer Dicing, Back Grinding), By Region, And Segment
Forecasts, 2014 - 2025" report to their offering.
Global UV tapes market is expected to reach USD 677.2 million by 2025.
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.
Further key findings from the report suggest:
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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 precie size and shape for use in electronic devices
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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
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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
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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
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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
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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 (News - Alert)
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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
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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
Companies Mentioned
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Furukawa Electric Co. Ltd.
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Nitto Denko Corporation
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Mitsui Chemicals
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Lintec Chemicals
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Sumitomo Bakelite Co. Ltd.
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Denka Company Limited
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Pantech Tape Co. Ltd.
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Ultron Systems, Inc.
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NEPTCO, Inc.
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Nippon Pulse (News - Alert) Motor Taiwan
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Loadpoint Limited
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AI Technology, Inc.
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Minitron Electronic GmbH
For more information about this report visit http://www.researchandmarkets.com/research/62s3h9/uv_tapes_market
View source version on businesswire.com: http://www.businesswire.com/news/home/20170222005687/en/
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