United States Semiconductor Process Tapes Market was valued at USD 0.38 Billion in 2022 and is projected to reach USD 0.74 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The U.S. semiconductor process tapes market has experienced significant growth in recent years, propelled by advancements in semiconductor manufacturing and substantial federal investments aimed at bolstering domestic chip production. This article delves into the current state of the market, key drivers influencing its expansion, and the role of process tapes in semiconductor fabrication.
In 2021, the global semiconductor process tapes market was valued at approximately $1.12 billion, with projections indicating a growth to $2.08 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.3%. citeturn0search2 This growth aligns with the increasing demand for semiconductors across various applications, including consumer electronics, automotive systems, and telecommunications.
Process tapes are essential in semiconductor manufacturing, primarily used for back-grinding and dicing processes. They serve to protect semiconductor wafers during these stages, ensuring the integrity and quality of the final products. The market is segmented based on product type and application:
Product Type:
UV Tape
Non-UV Tape
Application:
Back-grinding
Dicing
The U.S. government's commitment to enhancing semiconductor manufacturing capabilities is evident through initiatives like the CHIPS and Science Act of 2022. This legislation allocated $52.7 billion to support semiconductor research, development, and manufacturing within the United States. Major companies such as Taiwan Semiconductor Manufacturing Company (TSMC) have benefited from this act, receiving substantial subsidies to establish advanced fabrication facilities in Arizona. citeturn0news26
These developments are poised to create a robust demand for semiconductor process tapes, as new fabrication plants require efficient and reliable materials to maintain production quality. The expansion of facilities by companies like TSMC and Intel underscores the strategic importance of securing a domestic supply of semiconductors, reducing reliance on overseas production, and mitigating supply chain vulnerabilities. citeturn0news29
In summary, the U.S. semiconductor process tapes market is on an upward trajectory, driven by technological advancements and strategic investments aimed at reinforcing domestic semiconductor manufacturing. As the industry continues to evolve, the role of process tapes remains critical in ensuring the production of high-quality semiconductor devices.
Get an In-Depth Research Analysis of the US Semiconductor Process Tapes Market Size And Forecast [2025-2032]
Mitsui Chemicals Tohcello
Lintec
Denka
Nitto
Furukawa Electric
D&X
AI Technology
Taicang ZHANXIN Adhesive Materials Co
Shanghai Jingshen (Fine Coating) New Material Co
Shanghai Guk Tape Technology Co
Suzhou Boyan Jingjin Photoelectric Co
Kunshan Boyi Xincheng Polymer Material Co
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Semiconductor Process Tapes Market
Polyimide Tapes
PTFE (Teflon) Tapes
Silicone Tapes
Wafer Dicing
Printed Circuit Board (PCB) Manufacturing
Packaging
Electronics Assembly
High-Temperature Adhesives
Medium-Temperature Adhesives
Low-Temperature Adhesives
No Adhesive
Consumer Electronics
Automotive
Aerospace
Healthcare
Thin (< 2 mils)
Medium (2-5 mils)
Thick (> 5 mils)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Semiconductor Process Tapes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Semiconductor Process Tapes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Semiconductor Process Tapes Market, By Type
6. US Semiconductor Process Tapes Market, By Application
7. US Semiconductor Process Tapes Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Semiconductor Process Tapes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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