The silicon wafer reclaim market size was USD 1.1 bn in 2022 and is likely to reach USD 4.59 bn by 2031, expanding at a CAGR of 17.2% during 2023–2031. Growing adoption and applications of silicon wafers using advanced technologies, which is fueling the market.
Silicon wafer reclaim consists of a wafer that is processed, stripped, sometimes polished, and then cleaned, and can be reprocessed for different purposes. These wafers are light metallic gray-colored and fine slices of pure crystallized silicon. A single wafer can have up to three million components.
Silicon wafers act as substrates or surfaces for microelectronic devices. It is affordable and is a good conductor, thus it is used in building electronic circuits. The term wafer came in the 1950s in semiconductor or silicon wafer market. It was described as a thin round portion of semiconductor material and was typically called germanium or silicon.
The round shape of silicon wafer is formed from single-crystal ingots, which are produced by using Czochralski method. This method involves crystal growth technology, which start by inserting a small crystal to melt in a crucible, then pulling the seed upward and obtaining a single crystal.
The report finds that the COVID-19 pandemic affected the overall demand for silicon wafer application methods due to a sharp decline in manufacturing of consumer electronic products worldwide. As a part of preventive measures imposed by governments across countries for curbing the virus spread and the prolonged shutdown of factories across various industries declined the revenue of the market.
Silicon Wafer Reclaim Market Dynamics
Major Drivers
Rising demand for cost-effective consumer electronic products, such as tablets, laptops, and smartphones across the world is projected to drive the market. Silicon wafer is lightweight and has reclaim properties. Moreover, it is extensively used in the solar industry, which further drives the market.
Existing Restraints
Lack of awareness about the availability of reclaimed services in different regions, which is expected to hamper the market. Moreover, the availability of different raw materials for manufacturing semiconductors is expected to restrain the demand for silicon wafer reclaim.
Emerging Opportunities
Rising government initiatives & investments in infrastructure development with various technological advancements are anticipated to create lucrative opportunities in the market. Rising capital investments and research & development activities improve the semiconductor manufacturing processes, which are expected to create opportunities in the market.
Scope of Silicon Wafer Reclaim Market Report
The report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Silicon Wafer Reclaim Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (150 MM, 200 MM, 300 MM, More Than 300 MM, and Others), and Application (Integrated Circuits, Photoelectric Cells, Solar Cells, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Shin-Etsu Chemical Co.; Microtech Systems Pvt Ltd; KINIK COMPANY; Optim Wafer Services; STMicroelectronics; AnySilicon; Polishing Corporation of America; SILICON SPECIALIST LLC; Nippon Chemi-Con Corporation; and Akrion Technologies
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Silicon Wafer Reclaim Market Segment Insights
Based on type, the silicon wafer reclaim market is divided into 150 MM, 200 MM, 300 MM, more than 300 MM, and others. The 300 MM segment is expected to expand at a significant pace during the projection period due to its increased use in the solar energy industry. It is widely used in the production of solar cells and computer chips.
300 MM costs less per watt and is productive. Additionally, they are used in manufacturing high-power LEDs & energy-efficient gadgets and are more accurate in measurements, which results in precise output. These factors are projected to drive the segment in the market.
On the basis of application, the market is segmented into integrated circuits, photoelectric cells, solar cells, and others. The solar cells segment is expected to expand at a robust pace during the forecast period due to the rapidly growing demand for solar cells for renewable energy production across the world.
Rising government initiatives and awareness regarding renewable energy are boosting the segment. Investments in solar energy are anticipated to increase the demand for reclaimed wafers. Investments in technical advancements help use discarded wafers in the fabrication of efficient solar cells.
In terms of region, the global silicon wafer reclaim market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period due to the growing development activities in countries such as China, India, South Korea, and Taiwan.
North America is projected to hold a significant share of the market in the coming years due to the rising solar panel installations in the region. Increasing advancements in technology and rising demand for cost-effective silicon wafers in the semiconductor industry are driving the market in the region. Presence of key manufacturers in the countries such as the US is driving the market in the region.
Segments
The silicon wafer reclaim market has been segmented on the basis of
Type
- 150 MM
- 200 MM
- 300 MM
- More Than 300 MM
- Others
Application
- Integrated Circuits
- Photoelectric Cells
- Solar Cells
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Shin-Etsu Chemical Co.
- Microtech Systems Pvt Ltd
- KINIK COMPANY
- Optim Wafer Services
- STMicroelectronics
- AnySilicon
- Polishing Corporation of America
- SILICON SPECIALIST LLC
- Nippon Chemi-Con Corporation
- Akrion Technologies
Competitive Landscape
Key players operating in the global Silicon Wafer Reclaim market include Shin-Etsu Chemical Co.; Microtech Systems Pvt Ltd; KINIK COMPANY; Optim Wafer Services; STMicroelectronics; AnySilicon; Polishing Corporation of America; SILICON SPECIALIST LLC; Nippon Chemi-Con Corporation; and Akrion Technologies. These companies adopt strategies such as acquisitions, partnerships, collaboration, promotions, R&D investments, and product launches to boost their market share. For instance,
In February 2020, Shin-Etsu Chemical Co. announced to start the marketing of Micro LED display manufacturing components. They have been working on the expansion of the Micro LED chip transfer components portfolio. They have developed a unique technology to form a thin silicone layer on accurately processed synthetic quartz glass substrates.