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The global silicon wafer market was valued at US$ 11.02 Billion in 2021.
We expect the global silicon wafer market to exhibit a CAGR of 4.53% during 2022-2027.
The growing demand for renewable energy sources, owing to the increasing environmental concerns,
along with the rising application of silicon wafer in photovoltaic cells of solar power plants, is primarily
driving the global silicon wafer market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous end-use industries,
thereby limiting the demand for silicon wafers.
Based on the wafer size, the global silicon wafer market has been divided into 0-100 mm, 100-200 mm,
200-300 mm, and more than 300 mm. Among these, more than 300 mm wafer size exhibits clear
dominance in the market.
Based on the type, the global silicon wafer market can be segregated into N-type and P-type. Currently,
P-type accounts for the largest market share.
Based on the application, the global silicon wafer market has been categorized into solar cells,
integrated circuits, photoelectric cells, and others. Among these, solar cells exhibit a clear dominance in
Based on the end use, the global silicon wafer market can be segmented into consumer electronics,
automotive, industrial, telecommunications, and others. Currently, the consumer electronics industry
holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global silicon wafer market include GlobalWafers Singapore Pte. Ltd,
Okmetic Oy, Shanghai Simgui Technology Co. Ltd., Shin-Etsu Chemical Co., Ltd, Silicon Materials Inc,
Siltronic AG, SK Siltron Co., Ltd., Sumco Corporation, Tokuyama Corporation., Virginia Semiconductor,
Inc., and Wafer Works Corporation.
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