March 11, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
ALBANY N.Y., March 11, 2022 (GLOBE NEWSWIRE) -- The global dicing tapes market is estimated to register growth at a CAGR of 6.5% during the forecast period from 2022 to 2026, as per a study by Transparency Market Research (TMR).
Rising demand for low-cost devices globally and increasing use of latest technologies, including wearable and Internet of Things (IoT), are resulting in a surge in the use of semiconductors in varied consumer durables. This factor is expected to drive the dicing tapes market during the forecast period.
Plasma dicing is being increasingly being used in the electronics & semiconductor industry as a substitute to traditional techniques. The products are gaining popularity due to their ability to ensure the increase in dye per wafer, dye yields, and wafer throughput, owing to minimum damage in the processing.
The dicing tapes market in Asia Pacific is projected to observe lucrative prospects in the upcoming years due to increased production of electronic devices in the region. Furthermore, China holds prominent position in the regional market driven by rise in manufacturing of consumer durable electronic goods (CDEG) in the country. In addition, the availability of raw materials at cheaper rates is expected to result in sizable growth prospects in the Asia Pacific dicing tapes market in the near future, highlights TMR report.
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Dicing Tapes Market: Key Findings
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Dicing Tapes Market: Growth Boosters
Dicing Tapes Market: Competition Landscape
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Dicing Tapes Market: Key Players
Some of the key players profiled in the report are:
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