01 November 2019
Silicon Wafer Reclaim Market Report 2020-2030: Forecasts by Product (150 mm, 200 mm, 300 mm, Others), By Application (Integrated Circuits, Solar Cells, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and profiling of leading international and domestic companies.
In 2019, the global market size for silicon wafer reclaim was USD 600 million and is projected to see significant growth over the forecast period due primarily to significant technological advances leading to increased production of reclaimed goods. Increasing substitution of high-cost virgin and test wafers with low-cost reclaimed ones is also expected to drive market growth over the forecast period due to cost-cutting measures taken by the semiconductor industry.
Increasing demand for consumer electronic goods such as smartphones, tablets and laptops is expected to drive demand for both reclaimed and virgin products that form an inherent component of the integrated circuits used in these devices. Furthermore, the industry is expected to benefit from the significant increase in solar panel installations, particularly in the U.S., Mexico, and China, which is expected to account for growing product demand in the regions.
The silicon wafer reclaim market is categorized into 150 mm, 200 mm, 300 mm, and others depending on material volume. The 300 mm category dominated the market, accounting for over 69.0 percent of revenue in 2019 as a consequence of the solar energy industry's rising demand for the product. Moreover, the cost benefits associated with reclaiming the 300 mm wafer are expected to drive the segment's development over the forecast period.
Food production process includes filtering, scraping, lapping, polishing, and testing. The complex process of production is likely to hinder the growth of the industry. However, technological advances coupled with increased investments by major players to simplify the manufacturing process are expected to boost market growth over the forecast period.
The industry is also segmented in integrated circuits, solar panels and others dependent on applications. Due to the increasing growth of solar energy in North America and Asia Pacific countries, the solar panel technology market accounted for sales of more than US$ 300 million in 2019. The reclaimed wafer does not result in significant improvements in the silicon wafers yield and performance, resulting in increased solar energy industry acceptance of the material.
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