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 : June, 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 a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.