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Silicon wafer reclaim market is expected to grow from USD 502.50 million in 2018 to USD 1,254.04 million by 2024, at a CAGR of 16.55%, during the forecast period, Global Silicon Wafer Reclaim Market Research Report: By Wafer Diameter by Region | Silicon Wafer Reclaim Market industry

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Global Silicon Wafer Reclaim Market Research Report: By Wafer Diameter (150 MM, 200 MM, 300 MM, and Others), by Application (Integrated Circuits, Solar Cells, Photoelectric Cells, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2025

Market synopsis

The global silicon wafer reclaim market is expected to grow from USD 502.50 million in 2018 to USD 1,254.04 million by 2024, at a CAGR of 16.55%, during the forecast period.

Silicon wafer reclaim is a multi-step process that transforms a used wafer with multiple layers of various materials into a qualification wafer. The major steps included in wafer reclaim are sorting. stripping, lapping and grinding, polishing, cleaning, and inspection. High cost of virgin wafers, rising demand of low-cost consumer electronic goods, and technological advancements are the key drivers for the silicon wafer reclaim market. However, a lack of awareness regarding reclaim services and introduction of new materials into the semiconductor manufacturing process are factors that are likely to limit market growth during the forecast period.

The global silicon wafer reclaim market has been segmented based on wafer diameter, application, and region.

By wafer diameter, the market has been segmented into 150 MM, 200 MM, 300 MM, and others. The 300mm segment is expected to dominate the market during the forecast period owing to the growing demand for product from the solar industry. However, the 200mm segment is expected to register the highest CAGR. In the past five years, the 200mm segment products have witnessed wide adoption in optoelectronic devices and MEMS circuits.

By application, the market has been segmented into integrated circuits, solar cells, photoelectric cells, and others. The solar cells segment is projected to dominate the market during the forecast period. The drift of towards in high generation of solar energy, drives the adoption of silicon wafer reclaim across the globe, especially North America and Europe. The integrated circuit segment is expected to register the highest CAGR during the forecast period.

The key players profiled in the global silicon wafer reclaim market research report are DSK Technologies Pte Ltd (Singapore), Global Silicon Technologies, Inc. (US), MicroTech Systems, Inc. (US), NanoSILICON, Inc. (US), Noel Technologies, Inc. (US), Optim Wafer Services (France), Phoenix Silicon International Corporation (Taiwan), Shinryo Corporation (Japan), Silicon Materials, Inc. (US), Silicon Valley Microelectronics, Inc. (US),Rockwood Wafer Reclaim (France), Silicon Quest International (US), Kemi Silicon Inc. (US), Nova Electronic Materials (US), and WRS Materials. In September 2018, Edgewater Capital Partners acquired Wafer Holding Company—Pure Wafer. Pure Wafer is a leading provider of silicon wafer reclaim services and supplies virgin silicon wafers, specialty thin film deposition products, and silicon parts services.

Global Silicon Wafer Reclaim Market

Source: MRFR Analysis

Segmentation

The global silicon wafer reclaim market has been segmented based on type, application, and region.

Based on wafer diameter, the market has been segmented into 150 MM, 200 MM, 300 MM, and others.

Based on application, the market has been segmented into integrated circuits, solar cells, photoelectric cells, and others.

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Regional analysis

The global market for silicon wafer reclaim market is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of the silicon wafer reclaim market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to hold the largest market share and register the highest CAGR in the silicon wafer reclaim market from 2019 to 2024 owing to the rapidly developing electronic industries in China, Thailand, India, South Korea, and Taiwan. Furthermore, the rising demand for consumer electronics and shift towards alternative renewable source of energy drive the demand for silicon wafer reclaims. The market in North America is expected to grow at a significant rate during the forecast period. The high concentration of market players, easy availability of proficient technical expertise, and increase in the number of solar panel installations in the region are the key drivers for market growth for the market.

Competitive Analysis

The key players have adopted capacity expansion as a part of their organic growth strategy to further increase their share in the global silicon wafer reclaim market. For instance, in December 2017, RS Technologies Co., Ltd initiated a project to increase the reclaiming capacity of 300mm silicon wafer up to 400k/month. Furthermore, owing to the increasing opportunities, new players are rapidly entering the market. In 2019, GCL System Integration (China) announced its plans to enter the silicon wafer reclaim market with a focus on the large-diameter segment by year end.

Key players

The prominent players in the global silicon wafer reclaim market are DSK Technologies Pte Ltd (Singapore), Global Silicon Technologies,Inc. (US), MicroTech Systems, Inc. (US), NanoSILICON, Inc. (US), Noel Technologies, Inc. (US), Optim Wafer Services (France), Phoenix Silicon International Corporation (Taiwan), Shinryo Corporation (Japan), Silicon Materials, Inc. (US), Silicon Valley Microelectronics, Inc. (US),Rockwood Wafer Reclaim (France), Silicon Quest International (US), Kemi Silicon Inc. (US), Nova Electronic Materials (US), and WRS Materials.

Intended Audience

Silicon wafers developers
Integrated chip developers
Government Agencies
Research Institutes & Universities
Technology investors and providers
DC

solar silicon wafer, wafer slicing, monocrystalline silicon, solar cell, silicone bands, silicon carbide powder, silicone paste, silicone molds, silicone adhesive, silicone rings, silicon products, silicon panels, silicon price, silica packets, silicone rubber, silicone balls, silicone coating

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