Wafer Backgrinding Tape Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028

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Wafer Backgrinding Tape Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028

Status : January, 2020 | Semiconductor & Electronics | PPT format

Report Digest

Global Wafer Backgrinding Tape Market: Overview

The demand within the global wafer backgrinding tape market is expected to grow as the electronics industry gathers momentum. The presence of a well-performing semiconductor market has played an integral role in popularising backgrinding tapes. The use of wafer backgrinding tapes cannot be undermined as they help increasing the efficiency of semiconductor devices. Furthermore, the need for manufacturing compact and durable semiconductors has also played a key role in market growth. Some of the most common electronic devices are equipped with wafer backgrinding systems.

Smartcards have emerged as a compact means of energy storage, and this is a key consideration from the perspective of market growth. The use of wafer backgrinding tapes in the modern electronics is amongst the leading drivers of market demand. There is little contention about the presence of a lucrative industry for electronics and semiconductors in key regions.

A review on the global wafer backgrinding tape market shed value on some of the leading drivers of market demand. The global wafer backgrinding tape market can be segmented on the basis of: type, wafer size, and region. The demand for wafer backgrinding tape across Asia Pacific is projected to increase in the years to follow.

Global Wafer Backgrinding Tape Market: Notable Developments

Advancements in the electronics architecture have spearheaded the growth of the global wafer backgrinding tape market. Some of the notable developments pertaining to the market are listed below.

  • AI Trechnology Inc. manufactures resilient, high-quality tapes for the semiconductor industry. Introduction of the non-silicone, non-eva based compressible backgrinding tape model introduced by the company is well-received across the market. Such introduction by the market vendors have paved way for the inflow of voluminous revenues in the global wafer backgrinding tape market.
  • Key players such as Denka Company Limited and Lintec of America Inc. have reaped the benefits of extensive marketing. Research and development initiatives related to semiconductor manufacturing have also favoured the growth of the global wafer backgrinding tape market.

Some other notable vendors in the global wafer backgrinding tape market are:

  • Furukawa Electric Co. Ltd.
  • Nitto Denko Corporation
  • Mitsui Chemicals, Inc.
  • Minitron Elektron GMBH

Global Wafer Backgrinding Tape Market: Growth Drivers

  • Use of Backgrinding Tapes in Commonly-Used Electronic Devices

The growth of the global wafer backgrinding tape market largely hinges onto developments in the electronics industry. Electronic devices such as smartphones, USB memory sticks, and music players are built from miniaturized components. This factor has led to increased demand for wafer backgrinding tapes in the semiconductor industry. Furthermore, the nascent trend of manufacturing ultra-compact electronic devices has also driven demand within the global market. The need for prevent of warping of electronic component has also led electronic manufacturers to use high-quality binding tapes. The revenue index of this market is, therefore, slated to improve in the years to follow.

  • Developing a Robust Electronic Architecture

The thickness of wafers plays an integral role in gauging the expected performance and efficiency of semiconductor devices. This factor, coupled with the growing relevance of integrated circuits in electronic manufacturing, has paved way for market growth. Silicon wafers have attracted increased demand in recent times. Pocketing of these wafer requires the use of high-quality backgrinding tapes. Furthermore, hardware technologies are subjected to a range of modifications post production. This factor also necessitates the use of wafer backgrinding tape during the process of hardware testing and analysis.

The global wafer backgrinding tapes market is segmented by:

By Type

  • UV Curable
  • Non-UV

By Wafer Size

  • 6-Inch
  • 8-Inch
  • 12-Inch
  • Others

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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