UV tapes are a type of pressure-sensitive tapes with high adhesion strength, which reduces drastically on exposure to UV light, thereby allowing clean and easy removal after it has fulfilled its purpose. During fabrication, storage, and shipping of semiconductor wafers, these tapes temporarily protect wafers against scratching and surface damage. These are produced from PVC, PET, or PO backing material with acrylic adhesive to hold pieces of semiconductor (dies) in place.
These tapes are generally thinner as compared to other tapes, which vary from between 70 to 150 micrometers. UV tapes market are subset of PSA tapes market and are estimated to represent less than 1% share in terms of revenue in overall PSA tapes market. Global UV tapes market is projected to exhibit a CAGR of 9.3% to reach US$ 437.9 Mn by the end of forecast period 2020.
Drivers & Trends
Increase in demand for consumer electronics, coupled with miniaturization of electronic devices is driving the demand for semiconductors that leads to growing demand for UV tapes. Also, with growing awareness about benefits of UV tapes over non-UV tapes, it is finding its usage in optoelectronic components primarily for production of camera lenses. Strong distribution network in Asia Pacific is another key driving factor for its increasing popularity in Asia Pacific. Though, the demand for UV tapes is increasing among semiconductor manufacturers, it is facing stiff challenges from non UV tapes. Non-UV tapes are comparatively cost-effective when compared to UV tapes.
Additionally, abundant availability of man-power, raw materials, and advance technology infrastructure is offering favorable climate for global players to invest in China. Government of China has formulated some key policies in 2014 to attract global players to invest in semiconductor market of China. It is set to boost the market in China. UV tapes China is expected to witness significant increase in its market revenue by the end of forecast period, 2020. Growing application in back grinding process, increasing adoption of other raw materials in UV tapes and increasing use of additional layers in UV tapes are some of the key trends effecting UV tapes market globally.
Analysis by Region
Globally, Asia Pacific is expected to hold market dominance throughout the forecast period and is projected to account for 5.4X higher revenue than North America by the end of 2020. Increasing demand for consumer durables in Asia Pacific along with improving conditions of semiconductors production post economic recession is expected to boost the demand for UV tapes in Asia Pacific. Among Asia Pacific region, Taiwan is projected to hold its market dominance throughout the forecast period. It is projected to account for 12.5X higher revenue when compared to Rest of Asia, and 10.9 higher revenue than Rest of world by the end of forecast period. Taiwan accounts for 22% of global semiconductor material spending in 2013. Some of the large scale semiconductor foundries such as Taiwan Semiconductor Manufacturing Company Ltd., UMC, Powerchip are located in Taiwan, which is expected to further drive the UV tapes market in Taiwan.
North America is the second most prominent market for UV tapes, however, is projected to register lowest CAGR than other regions. Europe is projected to witness 1.1X higher CAGR than North America. Though Eurozone is reeling under economic slowdown, its purchasing Managers’ Index (PMI) for the manufacturing sector witnessed market witnessed modest growth of 24.4 Mn in 2014, thereby offering good market prospects for UV tapes manufacturers in the near future. The U.K., Germany, and Spain are expected to be the largest consumers for UV tapes in the region.
In terms of revenue, Rest of Asia is not as lucrative as other regions, primarily due to lack of semiconductor fab in this region. Majority of the revenue in UV tapes is expected to come from Brazil and Israel.
Figure: Global UV Tapes Market Value Share, By Regions (2014–2020) (%)
This Future Market Insights Report examines the UV tapes market for the period 2015–2020. The primary objective of the report is to offer updates and market opportunities in the global UV tapes market.
UV tapes are a type of pressure-sensitive tapes with high adhesion strength, which reduces drastically on exposure to UV light, thereby allowing clean and easy removal of semiconductor chips after it has fulfilled its purpose.
To understand and assess the opportunities in this market, the report is categorically split under three sections namely: market analysis by applications, product types and regions. The report analyses the global UV tapes market in terms of market value (US$ Mn).
The report starts with an overview of PSA tapes and its usage in various applications across the globe. In the same section, FMI covers the UV tapes market performance in terms of revenue. This section includes, FMI’s analyses of key trends, drivers and restraints from supply and demand perspective.
The next section of the report analyses the market based on applications and presents the forecast in terms of value for the next five years.
Applications covered in the report include:
Others (PCB grinding, glass dicing, etc.)
The next section of the report analyses the market based on product type and presents the forecast in terms value for the next five years.
Product types covered in the report include:
Others (include phenolic films)
The next section of the report analyses the market based on regions and presents the forecast in terms of value for the next five years.
Regions covered in the report include:
Rest of Asia
Rest Of World
To arrive at the market size, the report considers average price of UV tapes per square meter across geographies. The forecast presented here assesses the total revenue of UV tapes. When developing the forecast of the market, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we triangulated the outcome based on different analysis based on supply side, demand side and dynamics of PSA tapes (parent) market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.
In addition, we have taken into consideration year on year growth to understand the predictability of the market and to identify the right opportunities across the UV tapes market.
As previously highlighted, the market for UV tapes is split into various sub categories based on region, product type and applications. All these sub segments or categories have been analysed in terms of basis point share (BPS) to understand individual segments relative contribution to growth. This detailed level of information is important for identification of many key trends in UV tapes market.
Also, another key feature of this report is the analysis of UV tapes market by regions, product type and applications and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global UV tapes market.
Furthermore, Future Market Insights has developed market attractiveness index for all three segments–Regional, application and by product types. This index helps in identifying the real opportunities that lies in the market.
In the final section of the report, UV tapes market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the value chain, presence in UV tapes product portfolio and key differentiators.
Few of the market players featured in the section include:
UV Tapes Manufacturers
Furukawa Electric Co., Ltd.
Nitto Denko Corporation
Sumitomo Bakelite Co. Ltd.
Raw Material Suppliers
Henkel AG & Company
Dow Chemical Co.