The latest research study “Silicon Wafer Reclaim Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global silicon wafer reclaim market reached a value of US$ 487.1 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 793.4 Million by 2027, exhibiting a CAGR of 8.10% during 2022-2027.
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Silicon wafer reclaim is a processed, cleaned and polished wafer that can be reused for different applications. It involves various steps such as sorting, stripping, polishing, lapping, grinding, cleaning, and inspection that converts a used wafer into a high-quality wafer. It is thinner in size, provides enhanced performance and is more cost-effective as compared to conventional wafers. As a result, these wafers are used to produce microchips, microelectromechanical systems (MEMS), optoelectronic devices, solar and photoelectric cells, and integrated circuits.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Silicon Wafer Reclaim Market Trends and Drivers:
The market is primarily driven by the escalating demand for consumer electronics such as smartphones, laptops, and desktops. In addition, various technological advancements, such as the development of advanced processing solutions that eliminate the risk of defect formation in silicon wafers, represent another major growth-inducing factor.
Besides this, various manufacturers are utilizing large-sized silicon wafers as it enables the fabrication of multiple chips on a single wafer. This, coupled with various initiatives undertaken by governments of numerous countries to promote the installation of solar panels, is positively influencing the market growth.
Furthermore, the increasing mergers and acquisitions (M&A) amongst key players to launch simplified reclaiming procedures and overcome production process complexities are expected to propel market growth in the coming years.
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|Silicon Wafer Reclaim Market Report Scope|
|Market size value in 2021||US$ 487.1 Million|
|Market forecast in 2027||US$ 793.4 Million|
|Growth Rate||CAGR of 8.10% from 2022 to 2027|
|Base year for estimation||2021|
Global Silicon Wafer Reclaim Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
DSK Technologies Pte Ltd., NanoSILICON Inc., Nippon Chemi-Con Corporation, NOVA Electronic Materials LLC, Optim Wafer Services, Phoenix Silicon International Corporation, Pure Wafer, RS Technologies Co. Ltd., Shinryo Corporation (Mitsubishi Chemical Corporation), Silicon Materials Inc., Silicon Specialists LLC and Silicon Valley Microelectronics Inc.
The report has segmented the market on the basis of region, diameter type, application and industry vertical.
Breakup by Diameter Type:
- 150 mm
- 200 mm
- 300 mm
Breakup by Application:
- Solar Cells
- Integrated Circuits
Market Breakup by Industry Vertical:
- Aerospace and Defense
- Mining and Construction
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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