Uptake in Wafer Manufacturing to Push Revenues of Dicing Tapes Market to Touch ~US$ 1.5 Bn by 2027 Globally; Leading Share of Single-sided Tapes Key to Growth, Finds Transparency Market Research

"Analysts at Transparency Market Research note that constant efforts by manufacturers to meet the proliferating demand for flexible and stretchable tapes in the electronics and electrical industries fuel the dicing tapes market to expand at moderate pace through 2027. Such efforts will also define the pace of product innovation in forthcoming years." "Analysts at Transparency Market Research note that constant efforts by manufacturers to meet the proliferating demand for flexible and...

ALBANY, New York, 11/03/2020 (informazione.news - comunicati stampa - elettronica)

Rising demand for wafer dicing in making semiconductors for internet of things and wearable technology devices is key to growing revenues in the dicing tapes market. Thus, strides in consumer durables in Asia Pacific fuel the market growth. Changing environmental regulations in integrated circuits (ICs) manufacturing are key to lucrative avenues; rising demand for PO- and PET-based dicing tapes is corroborating the trend.

Apart from these, following trends are crucial for steady revenues in the dicing tapes market:

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Geographically, Europe , the Americas, and a few Asia Pacific countries have been at the forefront of growth in the global dicing tapes market. Some of the recent trends are worth noticing:

Following developments and trends are worth noticing:

Some of the well-entrenched players in the dicing tapes market are Sumitomo Bakelite Co. Ltd., Denka Company Limited, Nippon Pulse Motor Taiwan, LINTEC Corporation, Mitsui Chemicals Inc., and Shenzhen Xinst Technology Co. Ltd.  

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Packaging Industry

3D Holographic Tapes Market – 3D Holographic tapes are growing on the backdrop of impressive growth in the packaging industry. Furthermore, higher usability in the commercial and household places has collectively augmented the demand for 3D Holographic tapes worldwide.

Release Liner Market – Rising label printing technology and growing demand for film-based liners are creating lucrative opportunities for key players operating in the release liners market.

Thermal Release Tapes Market – Mounting competition in industries like construction, automotive, electrical and aviation have compelled the market players to lower their production run time and effective utilization of resources. Such trends and tripping points, in turn, have expanded the scope of the thermal release tape, driving the demand throughout the forecast period.

Industrial Tapes Market – Demand for commodities and appliances is increasing which is the key driving factor for the growth of the industrial tapes market.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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