Silicon Wafer Reclaim Market Highlights
The global silicon wafer reclaim market size 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. Factors such as the increasing demand of consumer electronic goods, increase in solar panel installations, increase in cost of silicon wafers, and rapid rate of industrialization and urbanization have led to the growing demand for silicon wafer reclaim across the globe. The market players are making acquisitions to acquire
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Segmentation
Silicon wafer reclaim is a multi-step process that is used to convert a used wafer into a functioning good quality wafer, also known as test wafer, at a low cost. Although, silicon reclaim wafers are is thinner in size as compared to unused wafers, they offer the same performance as a virgin test wafer. The high cost of new silicon wafers, rising demand for low-cost manufacturing of chips or micro-chips, and technological advancements are the key drivers for the silicon wafer reclaim market. However, the lack of awareness regarding reclaim services and introduction of new materials into the semiconductor manufacturing process are expected to restrain market growth during the forecast period
Based on wafer diameter, the market has been categorized as 150 MM, 200 MM, 300 MM, and others. The 300mm segment is projected to account for the largest share during the review period; however, the 200mm segment is expected to register the highest CAGR during the forecast period. The soft gripper segment is also witnessing significant developments. In the past five years, the 200mm segment products have witnessed wide adoption in optoelectronic devices and MEMS circuits. 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 the end of the year.
Based on application, the market has been segmented into integrated circuits, solar cells, photoelectric cells, and others. The solar cells segment is expected to dominate the silicon wafer reclaim market during the forecast period owing to the growing focus of European and North American countries on the generation of renewable energy such as solar energy.
Regional Analysis
The global silicon wafer reclaim market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific, followed by Europe, is expected to be the largest market in the forecast period owing to the rapidly developing electronic industries in China, Thailand, India, South Korea, and Taiwan. Also, the rising demand for consumer electronics and shift towards alternative renewable source of energy are expected to further drive the growth of the silicon wafer reclaim market. However, the market in North America is expected to register a significant CAGR during the forecast period.
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Key Players
The prominent players in the global silicon wafer reclaim industry 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.
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