Global Thinning Grinding Wheels Market Size 2024-2031 by Recent Developments, Market Drivers and Share Analysis
The Thinning Grinding Wheels Market report lists DISCO, Saint-Gobain, TOKYO SEIMITSU, Sinomach-pi, Asahi Diamond Industrial Co.,Ltd., EHWA DIAMOND, SAESOL, KINIK COMPANY, A.L.M.T. Corp., Suzhou Sail Science & Technology Co., Ltd., Zhengzhou Qisheng, Nanjing Sanchao, Tokyo Diamond Tools Mfg. Co., Ltd. among the mentioned manufacturers.
The “Thinning Grinding Wheels Market Size” report offers a thorough understanding of the market, delivering a comprehensive overview of the industry along with detailed insights into its various components and stakeholders. It examines market dynamics, trends, challenges, and opportunities within the Thinning Grinding Wheels industry. The report includes an analysis of the market on a macro level, covering aspects such as market sizing, segmentation, industry analysis, regional analysis, and future projections. Additionally, it gathers data on the overall market size, including sales volume (in units), revenue generated, and market share across different types and applications.
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Market Analysis and Insights: Global Thinning Grinding Wheels Market
The global Thinning Grinding Wheels market size was valued at USD 432.2 million in 2023 and is forecast to a readjusted size of USD 748.6 million by 2030 with a CAGR of 8.2% during review period.
Thinning grinding wheel is a key tool in semiconductor manufacturing, used for trimming and grinding wafers to the required thickness and surface smoothness to meet the requirements of semiconductor manufacturing. The wafer thinning grinding wheels need to have high precision and stability to ensure precise grinding of the wafer.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
The Global Info Research report includes an overview of the development of the Thinning Grinding Wheels industry chain, the market status of 200mm Wafer (Rough Grinding Wheels, Fine Grinding Wheels), 300mm Wafer (Rough Grinding Wheels, Fine Grinding Wheels), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Thinning Grinding Wheels.
Regionally, the report analyzes the Thinning Grinding Wheels markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Thinning Grinding Wheels market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Market segmentation
Thinning Grinding Wheels market is split by Type and by Application. For the period 2019-2030, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The major players covered in the Thinning Grinding Wheels market report are:
- DISCO
- Saint-Gobain
- TOKYO SEIMITSU
- Sinomach-pi
- Asahi Diamond Industrial Co.,Ltd.
- EHWA DIAMOND
- SAESOL
- KINIK COMPANY
- A.L.M.T. Corp.
- Suzhou Sail Science & Technology Co., Ltd.
- Zhengzhou Qisheng
- Nanjing Sanchao
- Tokyo Diamond Tools Mfg. Co., Ltd.
Market segment by Type, covers
- Rough Grinding Wheels
- Fine Grinding Wheels
Market segment by Application can be divided into
- 200mm Wafer
- 300mm Wafer
- Others
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Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
- Chapter 1, to describe Thinning Grinding Wheels product scope, market overview, market estimation caveats and base year.
- Chapter 2, to profile the top manufacturers of Thinning Grinding Wheels, with price, sales, revenue and global market share of Thinning Grinding Wheels from 2019 to 2024.
- Chapter 3, the Thinning Grinding Wheels competitive situation, sales quantity, revenue and global market share of top manufacturers are analysed emphatically by landscape contrast.
- Chapter 4, the Thinning Grinding Wheels breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
- Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
- Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Thinning Grinding Wheels market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
- Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
- Chapter 13, the key raw materials and key suppliers, and industry chain of Thinning Grinding Wheels.
- Chapter 14 and 15, to describe Thinning Grinding Wheels sales channel, distributors, customers, research findings and conclusion.
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Questions answered in the Thinning Grinding Wheels market research report:
- What is the Thinning Grinding Wheels market size?
- What are the market driving factors behind the Thinning Grinding Wheels market?
- What are the market trends and forecast for the global Thinning Grinding Wheels market?
- What are the trends and forecasts based on market research and analysis of Thinning Grinding Wheels market segmentation by type, application, and geography?
- Which are the major global Thinning Grinding Wheels companies?
- What is the CAGR and Revenue expected in future?
Detailed TOC of Global Thinning Grinding Wheels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Thinning Grinding Wheels Market Overview
1.1 Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2017 Versus 2021 Versus 2030
1.3 Market Analysis by Application
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017 & 2021 & 2030)
1.4.2 Global Sales in Volume (2019-2030)
1.4.3 Global Price (2019-2030)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2019-2030)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Thinning Grinding Wheels Market Drivers
1.6.2 Thinning Grinding Wheels Market Restraints
1.6.3 Thinning Grinding Wheels Trends Analysis
2 Manufacturers Profiles
2.1 Manufacture 1
2.1.1 Manufacture 1 Details
2.1.2 Manufacture 1 Major Business
2.1.3 Manufacture 1 Thinning Grinding Wheels Product and Services
2.1.4 Manufacture 1 Thinning Grinding Wheels Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.2 Manufacture 2
2.2.1 Manufacture 2 Details
2.2.2 Manufacture 2 Major Business
2.2.3 Manufacture 2 Thinning Grinding Wheels Product and Services
2.2.4 Manufacture 2 Thinning Grinding Wheels Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.3 Manufacture 3
2.3.1 Manufacture 3 Details
2.3.2 Manufacture 3 Major Business
2.3.3 Manufacture 3 Thinning Grinding Wheels Product and Services
2.3.4 Manufacture 3 Thinning Grinding Wheels Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
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3 Thinning Grinding Wheels Breakdown Data by Manufacturer
3.1 Global Thinning Grinding Wheels Sales in Volume by Manufacturer (2019, 2020, 2021, and 2024)
3.2 Global Thinning Grinding Wheels Revenue by Manufacturer (2019, 2020, 2021, and 2024)
3.3 Key Manufacturer Market Position in Thinning Grinding Wheels
3.4 Market Concentration Rate
3.4.1 Top 3 Thinning Grinding Wheels Manufacturer Market Share in 2021
3.4.2 Top 6 Thinning Grinding Wheels Manufacturer Market Share in 2021
3.5 Global Thinning Grinding Wheels Production Capacity by Company: 2021 VS 2024
3.6 Manufacturer by Geography: Head Office and Thinning Grinding Wheels Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Thinning Grinding Wheels Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2019-2030)
4.1.2 Global Revenue by Region (2019-2030)
4.2 North America Thinning Grinding Wheels Revenue (2019-2030)
4.3 Europe Thinning Grinding Wheels Revenue (2019-2030)
4.4 Asia-Pacific Revenue (2019-2030)
4.5 South America Revenue (2019-2030)
4.6 Middle East and Africa Revenue (2019-2030)
5 Thinning Grinding Wheels Market Segment by Type
5.1 Global Sales in Volume by Type (2019-2030)
5.2 Global Revenue by Type (2019-2030)
5.3 Global Price by Type (2019-2030)
6 Thinning Grinding Wheels Market Segment by Application
6.1 Global Sales in Volume by Application (2019-2030)
6.2 Global Revenue by Application (2019-2030)
6.3 Global Price by Application (2019-2030)
7 North America by Country, by Type, and by Application
7.1 North America Thinning Grinding Wheels Sales by Type (2019-2030)
7.2 North America Thinning Grinding Wheels Sales by Application (2019-2030)
7.3 North America Thinning Grinding Wheels Market Size by Country
7.3.1 North America Thinning Grinding Wheels Sales in Volume by Country (2019-2030)
7.3.2 North America Thinning Grinding Wheels Revenue by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe by Country, by Type, and by Application
8.1 Europe Thinning Grinding Wheels Sales by Type (2019-2030)
8.2 Europe Thinning Grinding Wheels Sales by Application (2019-2030)
8.3 Europe Thinning Grinding Wheels Market Size by Country
8.3.1 Europe Thinning Grinding Wheels Sales in Volume by Country (2019-2030)
8.3.2 Europe Thinning Grinding Wheels Revenue by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific by Region, by Type, and by Application
9.1 Asia-Pacific Thinning Grinding Wheels Sales by Type (2019-2030)
9.2 Asia-Pacific Thinning Grinding Wheels Sales by Application (2019-2030)
9.3 Asia-Pacific Thinning Grinding Wheels Market Size by Region
9.3.1 Asia-Pacific Thinning Grinding Wheels Sales in Volume by Region (2019-2030)
9.3.2 Asia-Pacific Thinning Grinding Wheels Revenue by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America by Region, by Type, and by Application
10.1 South America Thinning Grinding Wheels Sales by Type (2019-2030)
10.2 South America Thinning Grinding Wheels Sales by Application (2019-2030)
10.3 South America Thinning Grinding Wheels Market Size by Country
10.3.1 South America Thinning Grinding Wheels Sales in Volume by Country (2019-2030)
10.3.2 South America Thinning Grinding Wheels Revenue by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Thinning Grinding Wheels Sales by Type (2019-2030)
11.2 Middle East & Africa Thinning Grinding Wheels Sales by Application (2019-2030)
11.3 Middle East & Africa Thinning Grinding Wheels Market Size by Country
11.3.1 Middle East & Africa Thinning Grinding Wheels Sales in Volume by Country (2019-2030)
11.3.2 Middle East & Africa Thinning Grinding Wheels Revenue by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Raw Material and Industry Chain
12.1 Raw Material of Thinning Grinding Wheels and Key Manufacturers
12.2 Manufacturing Costs Percentage of Thinning Grinding Wheels
12.3 Thinning Grinding Wheels Production Process
12.4 Thinning Grinding Wheels Industrial Chain
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.2 Thinning Grinding Wheels Typical Distributors
13.3 Thinning Grinding Wheels Typical Customers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Research Process and Data Source
15.3 Disclaimer
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