Global Embossed Carrier Tapes Market by Type (8mm, 12mm, 24mm, 32mm, Others), By Application (IC Packaging Company, IC Wholesaler) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Embossed Carrier Tapes Market size is expected to reach USD 2.5 billion in 2018, and it is projected to grow at a CAGR of 5% during the forecast period (2021-2028). The growing demand for electronic devices such as smartphones and tablets has led to an increase in the production of ICs and other semiconductor components, which in turn has boosted the demand for carrier tapes. Carrier tapes are also used in IC packaging companies due to their high tensile strength properties that prevent damage during transportation.

Embossed Carrier Tapes are resin-coated paper that can be used to protect the surfaces of electronic components. The coating on these tapes provides an adhesive surface, which helps securely hold components in place and also prevents them from scratching other items inside the area where they are being stored or transported.

On the basis of Types, the market is segmented into 8mm, 12mm, 24mm, 32mm, Others.

On the basis of Application, the market is segmented into IC Packaging Company and IC Wholesaler.

IC Packaging Company:

The embossed carrier tapes are used by IC packaging companies in order to provide a grip on the device. It also provides an important function of preventing bending or curling of the masking tape.

IC Wholesaler:

Emboss Carrier Tapes are used in the IC Wholesaler for a variety of purposes. To name, it is utilized in high-density packaging to make sure that the pallets can be lifted without breaking or crushing components. It also helps with securing shipments and stacking them carefully upon delivery. Furthermore, Emboss Carrier Tapes offer protection during transit as well as ensuring archived materials do not get wrinkled or bent out of shape when handling by staff at warehouses.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The growth rate of the Embossed Carrier Tape Market in the North American region will be higher due to high demand from IC Packaging Company as well as IC Wholesaler both have been benefited with economic stability mainly because they use high-quality carrier tapes such as embossed ones for their shipments since then two major regional economies are doing quite well globally which includes the US and Canada.

Growth Factors For The Global Embossed Carrier Tapes Market:

Increased Adoption Of Advanced Technologies - Advancement in new technology will help manufacturers develop better quality embossed carrier tapes that can withstand heavy-duty loads without being damaged easily or getting torn upon handling them. These tapes will have a longer life, which in turn will lead to increased demand for these products.

Innovation In Terms Of Design- Introduction of new designs and innovative ideas can help manufacturers achieve better quality embossed carrier tapes that are not only easy on the eyes but also provide optimum efficiency with regards to handling heavy-duty loads without getting damaged easily or torn upon being handled. This is expected to drive growth rates substantially over the forecast period.

Up Market Research published a new report titled “Embossed Carrier Tapes Market research report which is segmented by Types (8mm, 12mm, 24mm, 32mm, Others), By Applications (IC Packaging Company, IC Wholesaler), By Players/Companies HWA SHU, Kostat, ITW ECPS, Daewon, KT Pak, Action Circuits, Peak International, Alltemated, Sinho Electronic Technology, U-PAK, Advantek, AQ Pack, YAC Garter”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Embossed Carrier Tapes Market Report Segments:

The market is segmented by Type 8mm, 12mm, 24mm, 32mm, Others and By Application IC Packaging Company, IC Wholesaler.

Some of the companies that are profiled in this report are:

1. HWA SHU
2. Kostat
3. ITW ECPS
4. Daewon
5. KT Pak
6. Action Circuits
7. Peak International
8. Alltemated
9. Sinho Electronic Technology
10. U-PAK
11. Advantek
12. AQ Pack
13. YAC Garter

Embossed Carrier Tapes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Embossed Carrier Tapes Market

Overview of the regional outlook of the Embossed Carrier Tapes Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Embossed Carrier Tapes Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Embossed Carrier Tapes Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. 8mm

                2. 12mm

                3. 24mm

                4. 32mm

                5. Others

                1. IC Packaging Company

                2. IC Wholesaler

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Embossed Carrier Tapes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
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Reasons to Purchase the Embossed Carrier Tapes Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.