Wafer And Integrated Circuits Shipping And Handling Market Size, Share & Trends Analysis Report By Product (Wafer Shipping & Handling, IC Shipping & Handling, IC Processing & Storage) By Region, And Segment Forecasts, 2018 - 2025

Industry Insights

The global wafer and integrated circuits (IC) shipping & handling market size was valued at USD 7.45 Billion in 2015 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.

Taiwan integrated circuits (IC) shipping & handling market revenue, by product, 2014 - 2025 (USD Million)

Taiwan accounted for over 20% of the global production in 2015 owing to the large number of manufacturing facilities located in the country and the presence of major IC chips manufacturers such as TSMC. TSMC is the largest consumer of the shipping & handling products, as many of the leading fabless manufacturers outsource their fabrication process to the company.

The government in developing countries including China, Brazil, and Israel are investing extensively in developing the manufacturing sector to attract global manufacturers in the electronics as well as other industries. As a result, the demand for shipping & handling products in these countries is expected to grow significantly over the forecast period.

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.

Global wafer shipping & handling market, by product, 2015 (%)

The carrier tapes are manufactured with the use of different materials to meet a variety of shipping & handling needs owing to which the industry is expected to witness substantial growth over the projected period. In addition, polycarbonate and polystyrene are widely utilized in the manufacturing of carrier tapes, owing to their non-conductive and antistatic properties.

Increasing demand for silicon wafers in solar and electronics industry is expected to augment the demand for wafer carriers over the forecast period. The wafer carriers market stabilized in 2014 with a steady growth post the fluctuations in demand from 2008 to 2013 owing to the weak economic conditions.

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.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global wafer and integrated circuits shipping and handling market on the basis of product and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Wafer shipping & handling

    • Wafer carriers

  • Integrated circuits (IC) shipping & handling

    • IC shipping tubes

    • IC trays

      • Waffle-packs

      • Metal trays

      • JEDEC trays

      • Gel packs

    • Carrier tapes

    • Others

  • Integrated circuits (IC) processing & storage

    • IC trays

      • Waffle-packs

      • Metal trays

      • JEDEC trays

      • Gel packs

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • The U.S.

  • Europe

    • France

    • Germany

  • Asia Pacific

    • China

    • Japan

    • South Korea

    • Taiwan

  • Central & South America

    • Brazil

  • Middle East & Africa