Product Code: GVR-1-68038-368-3
UV Tapes Market Growth & Trends:
The global UV tapes market size is expected to reach USD 1.07 billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. 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 2023 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.
UV Tapes Market Report Highlights:
- Wafer dicing was the most dominant application in 2023 owing to rapid electronics industry growth, as it involves sawing or cutting of wafer into a precise size and shape for use in electronic devices
- The back grinding application accounted for over 45.69% of the industry by value in 2023 due to growing demand for compact-sized and powerful electronic devices such as smartphones and tablets
- The polyolefin (PO) UV tapes market was valued at over USD 335.5 million in 2023 on account of their superior performance as compared to other alternatives such as PVC and PO UV tapes
- PVC UV tapes held a share of over 59.58% by value in 2023, as they are considered eco-friendly and can be easily recycled, thus increasing their popularity over the past few years
- Asia Pacific is projected to witness the highest CAGR of over 10.4% from 2024 to 2030 courtesy growing demand from its booming electronics and semiconductor industries
- Electronic powerhouses such as China, Taiwan, South Korea and Japan accounted for the majority of the market in the Asia Pacific region in 2023 due to the presence of major electronics players such as Toshiba, Pioneer, Samsung, Hitachi and Sharp
- Central & South America is projected to witness the second-highest CAGR of over 9.9% from 2024 to 2030 on account of growing demand from emerging countries in this region such as Brazil, Colombia, and Argentina
- 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 2023
- These players resorted to both, organic as well as inorganic growth strategies, in order to enter new regions and increase their respective market shares
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. UV Tapes Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion, Volume in Million Square Meters)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. UV Tapes Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. UV Tapes Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. UV Tapes Market: Product Movement Analysis, 2023 & 2030 (USD Million) (Volume in Million Square Meters)
- 4.3. Polyolefin UV Tapes
- 4.3.1. Polyolefin UV Tapes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 4.4. Polyvinyl chloride UV Tapes
- 4.4.1. Polyvinyl chloride UV Tapes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 4.5. Polyethylene Terephthalate UV Tapes
- 4.5.1. Polyethylene Terephthalate UV Tapes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 4.6. Other UV Tapes
- 4.6.1. Other UV Tapes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
Chapter 5. UV Tapes Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. UV Tapes Market: Application Movement Analysis, 2023 & 2030 (USD Million) (Volume in Million Square Meters)
- 5.3. Wafer dicing
- 5.3.1. Wafer dicing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 5.4. Back grinding
- 5.4.1. Back grinding Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 5.5. Others
- 5.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
Chapter 6. UV Tapes Market: Regional Estimates & Trend Analysis
- 6.1. UV Tapes Market Share, By Region, 2023 & 2030 (USD Million) (Volume in Million Square Meters)
- 6.2. North America
- 6.2.1. North America UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.2.2. U.S.
- 6.2.2.1. U.S. UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.2.3. Canada
- 6.2.3.1. Canada UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.2.4. Mexico
- 6.2.4.1. Mexico UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3. Europe
- 6.3.1. Europe UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3.2. UK
- 6.3.2.1. UK UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3.3. Germany
- 6.3.3.1. Germany UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3.4. France
- 6.3.4.1. France UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3.5. Italy
- 6.3.5.1. Italy UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.3.6. Spain
- 6.3.6.1. Spain UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.4.2. China
- 6.4.2.1. China UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.4.3. Japan
- 6.4.3.1. Japan UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.4.4. India
- 6.4.4.1. India UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.4.5. South Korea
- 6.4.5.1. South Korea UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.5. Latin America
- 6.5.1. Latin America UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.5.2. Argentina
- 6.5.2.1. Argentina UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.5.3. Brazil
- 6.5.3.1. Brazil UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia UV Tapes Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Million Square Meters)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. FURUKAWA ELECTRIC CO., LTD.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Nitto Denko Corporation
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Mitsui Chemicals
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. LINTEC Corporation.
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Sumitomo Bakelite Co., Ltd.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Denka Company Limited
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Pantech Tape Co., Ltd.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. ULTRON SYSTEMS, INC.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. NEPTCO, Inc.
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. NIPPON PULSE MOTOR Co., Ltd.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives