Silicon Wafer Reclaim Market Analysis
Silicon wafer reclaim is a processed, cleaned, and polished wafer, which is used in different application such as solar cell and integrated circuits. These wafers can be reprocessed and used, which save the cost of companies in buying new wafers. They are thinner and have better performance than unused virgin wafers. The silicon wafers are used in semiconductor manufacturing and to make microchips, which increase the product demand and grow its market value. Moreover, due to increase in industrialization in China and initiatives by the Indian government to male local products in India, wafer plants are being rapidly set up. Therefore, these factors are expected to contribute largely to the market growth.
COVID-19 scenario:
- The widespread of the novel coronavirus has adversely affected several industries.
- It has massively hit the semiconductors sector as manufacturing facilities have been shut and there is a slow pace of production.
- The spread of this highly contaminating disease has not only affected the manufacturing sector but also the consumer demand for semiconductors and related devices.
- This reduced demand is attributed to the fact that semiconductor devices are being considered as non-essential goods. This, in turn, has significantly reduced the market share of the silicon wafer reclaim market.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis:
Increase in the number of installations of solar panel has led to the silicon wafer reclaim market growth. Region-wise, Europe is the second largest contributor. In European countries, Germany has the maximum share in this market. Moreover, increase in demand for electronics and being a renewable source, the product has witnessed significant growth in its market in China, India, and Thailand. Latin America and the Middle East Africa are also expected to witness growth of the silicon wafer reclaim market due to increase in industrialization over the forecast period.
Silicon wafer available in the dimension 300 mm is going to witness growth in the market due to its property of high conductivity for large dimensions. Usage of solar panels is increasing as there is demand for using renewable source, which leads to increase in use of silicon wafer. The important driving factor for the silicon wafer market is the reduction in cost of material as compared to test wafers. Other important aspect is the increase in demand for semiconductor devices that has led to drive the silicon market growth. Rapid development in the electronics industry fuels the market growth of silicon wafer reclaim.
Rise in demand for consumer electronic goods, such as laptops, desktops, smartphones, and tablets, adds to the demand for unused as well as reclaimed products, which forms parts of the integrated circuit used in these devices. Rapidly growing population and increasing disposable income are the macroeconomic factors that have resulted in increased demand for electronic products. Government initiatives, such as Make in India, to install semiconductor wafer plants in India are anticipated to significantly contribute to the growth of the silicon wafer reclaim market.
Restraints and opportunities of the market:
Less awareness about the product and its benefits over conventional test wafers is a restraining factor of the silicon wafer reclaim market. Additionally, the manufacturing process of this product is complex. This aspect might hinder the growth of the silicon wafer reclaim market. However, the silicon wafer reclaim market is expected to have significant opportunity in emerging economies, such as the Gulf Cooperation Council (GCC) countries, due to the adoption of silicon wafer reclaim over test wafer.
Key benefits of the report:
- This study presents the analytical depiction of the silicon wafer reclaim market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the silicon wafer reclaim market share.
- The current market is quantitatively analyzed to highlight the silicon wafer reclaim market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the silicon wafer reclaim research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Silicon Wafer Reclaim Market Report Highlights
| Aspects | Details |
 By Type |
|
 By Application |
|
 By Industry Vertical |
|
 By Region |
|
 Key Market Players | Silicon Materials, Inc., Silicon Valley Microelectronics, Inc., Noel Technologies, Inc., MicroTech Systems, Inc., RS Technologies Co., Ltd., Pure Wafer, Optim Wafer Services, Shinryo Corporation, NanoSILICON, Inc., Silicon Quest, NOVA Electronic Materials, LLC., Phoenix Silicon International Corporation |
Loading Table Of Content...
