Coherent Market Insights

UV Tapes Marketto Surpass US$ 1,044.3 Mn by 2030

UV Tapes Marketto Surpass US$ 1,044.3 Mn by 2030 - Coherent Market Insights

Publish In: Apr 24, 2023

Ultra-Violet (UV) tapes are adhesive tapes that are widely used across the semiconductor industry for protecting semiconductor wafers against grinding and breaking. UV tapes are also used for wafer dicing, wafer back-grinding, and package dicing since they offer additional safety to semiconductor wafers during the back-grinding and dicing process. UV tapes are different from conventional PSA tapes as they are thinner. UV tapes protect the semiconductor wafers seamlessly during the wafer dicing and grinding process. Moreover, these tapes be easily peeled off from the semiconductor wafer UV after irradiation.

The UV Tapes Market was valued at US$ 516.5 million in terms of revenue in 2022 and is predicted to grow at a CAGR of 9.4% during the forecast period (2023 to 2030).


Growing demand for UV tapes across various application as they are environment-friendly and is not get affected by high-temperature applications are expected to fuel the market growth of UV tapes. Also, UV tapes provide an excellent setting time when exposed to UV light as compared to PSA-based tapes which are again anticipated to foster the market growth of UV tapes. Moreover, the growing use of UV tapes across emerging applications such as optoelectronic components, especially for the manufacturing of camera lenses is further estimated to boost the market growth.

Market Opportunities

The growing application of UV tapes in the back-grinding process is an important step in the manufacturing of ultra-thin silicon. This factor is gaining the popularity of UV tapes for this process and Ultra-thin wafers significantly contribute to manufacturing energy-efficient end devices at a reasonable cost. Therefore, this factor is changing the preference of manufacturers from thin silicon wafers to ultra-thin silicon wafers, which is expected to augment the market growth of UV tapes.

Market Restraints

Growing usage of non-UV tapes as they are cost-effective compared to UV tapes is expected to hinder the market growth of UV tapes. Non-UV tapes are manufactured for providing surface protection to semi-conductor wafers while the back-grinding process. Moreover, they also meet the changing packaging trend of a semiconductor such as reducing the thickness of the wafer and other changes. Therefore, the rising adoption of non-UV tapes over UV tapes is anticipated to restrict the market growth.

To know the latest trends and insights prevalent in this market, click the link below:

Key Takeaways

On the basis of product type, Polyolefin (PO) segment dominated the UV tapes market in 2022 with a 60.1% of market share in terms of revenue, followed by polyethylene terephthalate (PET) and polyvinyl chloride (PVC), respectively.

Market Trends

The growing focus of major countries to increase the production of IC's products is projected to propel the market growth of UV tapes over the forecast period. According to Electronic, investment in IC manufacturing equipment in China is projected to increase to US$ 14.9 billion in 2020 from US$ 12.9 billion in 2019. China accounts for nearly 25% of equipment spending expenditure in the sector making it the world’s second-largest semiconductor equipment market. Therefore, growing expenditure on the production of IC's product will favor the market growth over the forecast timeframe.

The growing interest of UV tape manufacturers in developing styrene block copolymer-based UV tapes as these can withstand high-temperature applications and are also UV stable is expected to foster the market growth of UV tapes. Moreover, the growing demand for high-performance adhesives for UV tapes. For instance, in September 2019, Techsil introduced a new optically clear, low-viscosity, UV-curable adhesive into the U.K. market. Vitralit 50004 is a one-component acrylic adhesive designed to use for bonding display screens and laminating optics.

Competitive Section

Key players active in the UV tapes market are:

Manufacturing Companies

  • Furukawa Electric Co. Ltd
  • Nitto Denko Corporation
  • Mitsui Chemicals Group
  • Lintec Corporation
  • Sumitomo Bakelite Co. Ltd.

Raw Material Supplying Companies

  • Henkel AG & Co. KGaA

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