Press release
Wafer And Integrated Circuits (Ic) Shipping And Handling Market Size & Analysis By 2032 ( $35.32 billion ) -Entegris, Inc., RTP Company, 3M Company, ITW ECPS, Dalau, Brooks Automation, Inc., TT Engineering & Manufacturing Sdn Bhd, Daitron Incorporated, Ac
The global wafer and integrated circuits (IC) shipping & handling market size was valued at USD 13.45 Billion in 2021 and is expected to witness significant growth over the forecast period to the rapid growth of the IC market. The constant surge in the market growth can be attributed to the increasing demand for IC in end-use industries such as consumer electronics and communication systems.The shipping products are primarily manufactured using various plastic compounds such as PE, PTFE, and HDPE owing to their antistatic and chemical & thermal resistive properties. In addition, the compact structure of the compounds increases the durability of the shipping & handling products, which aids higher utilization in the wafer and IC manufacturing industry.
Leading players of Wafer And Integrated Circuits (Ic) Shipping And Handling including:
Entegris, Inc., RTP Company, 3M Company, ITW ECPS, Dalau, Brooks Automation, Inc., TT Engineering & Manufacturing Sdn Bhd, Daitron Incorporated, Achilles USA, Inc., Rite Track Equipment Services, Inc., Miraial Co. Ltd., Kostat, Inc., Ted Pella, Inc., Malaster, ePAK International, Inc.
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Product Insights
The processing & storage market is dominated by the JEDEC trays. Low twist and high durability offered by the product is expected to be the key aspect for the utilization of these trays in the processing & storage application. In addition, these trays are preferred over other products owing to the low raw material and processing cost of the trays.
IC trays dominated the shipping & handling industry accounting for over 80% of the revenue share in 2015. The product provides premium protection from weatherization as itis manufactured from highly durable, chemically resistive, and antistatic plastics. Waffle-packs dominated the shipping & handling trays market as the product aids in bulk shipping of the ICs.
Regional Insights
The Asia Pacific accounted for the largest revenue share owing to the presence of major manufacturing facilities, with Taiwan accounting for the majority of the industry share. China is spearheading the Asia Pacific growth owing to the increasing investment of the Chinese government in the infrastructure development for the manufacturing of electronic products.
The U.S. spearheads the demand for processing & storage products in North America owing to the presence of major manufacturers in Silicon Valley. The availability of advanced technology coupled with high demand for ICs in the electronics industry is expected to have a positive impact on the demand for processing & shipping products.
Central & South American wafer and integrated circuits (IC) shipping & handling market is expected to witness growth as the device manufacturers, including Unitec Blue and Unitec Semiconductor are investing in the front and back-end manufacturing. Unitec Semiconductor S.A. announced an investment of USD 400 million, which is expected to have an impact on the demand for processing & storage products in the region.
Wafer And Integrated Circuits Shipping And Handling Market Share Insights
The major players in the industry constantly invest in R&D projects to enhance the performance of the current products and provide new solutions to gain a competitive edge over the other players in the market. Widespread distribution channels of Entegris benefits the company in catering to the global market and provides optimum quality services to its customers.
Emerging players in the industry such as ePAK International Inc. and Ted Pella, Inc. cater to their local market and compete with the other small players on the basis of price. The companies adopt different pricing strategies and enter into partnership agreements with semiconductor manufacturers such as TSMC, Global Foundry, Intel, and Broadcom.
Wafer And Integrated Circuits (Ic) Shipping And Handling Segmentation by Type:
Wafer shipping & handling, Integrated circuits (IC) shipping & handling, Integrated circuits (IC) processing & storage.
Wafer And Integrated Circuits (Ic) Shipping And Handling Segmentation by Application:
Electric, Electronic
Wafer And Integrated Circuits (Ic) Shipping And Handling report answers some key questions:
What is the expected growth of global Wafer And Integrated Circuits (Ic) Shipping And Handling after covid-19 vaccine or treatment is found?
• What are the new business practices that can be implemented post-pandemic to remain competitive, agile, customer-centric, and collaborative in the global Wafer And Integrated Circuits (Ic) Shipping And Handling?
• Which specific sectors are expected to drive growth in the global Wafer And Integrated Circuits (Ic) Shipping And Handling?
• What are key government policies and interventions implemented by leading global Wafer And Integrated Circuits (Ic) Shipping And Handling countries to help further adoption or growth of Wafer And Integrated Circuits (Ic) Shipping And Handling .
• How have the market players or the leading global Wafer And Integrated Circuits (Ic) Shipping And Handling firms have addressed the challenges faced during the pandemic?
• What growth opportunities the global Wafer And Integrated Circuits (Ic) Shipping And Handling offers?
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Highlights of the Report:
The report provides Wafer And Integrated Circuits (Ic) Shipping And Handling industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Wafer And Integrated Circuits (Ic) Shipping And Handling segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Wafer And Integrated Circuits (Ic) Shipping And Handling.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Wafer And Integrated Circuits (Ic) Shipping And Handling for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Wafer And Integrated Circuits (Ic) Shipping And Handling industry economy and performance of the market players in the same context.
Table of Content:
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Wafer And Integrated Circuits (Ic) Shipping And Handling by Players
4 Wafer And Integrated Circuits (Ic) Shipping And Handling by Regions
4.1 Wafer And Integrated Circuits (Ic) Shipping And Handling Size by Regions
4.2 Americas Wafer And Integrated Circuits (Ic) Shipping And Handling Size Growth
4.3 APAC Wafer And Integrated Circuits (Ic) Shipping And Handling Size Growth
4.4 Europe Wafer And Integrated Circuits (Ic) Shipping And Handling Size Growth
4.5 Middle East & Africa Wafer And Integrated Circuits (Ic) Shipping And Handling Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Wafer And Integrated Circuits (Ic) Shipping And Handling Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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