SiC Wafer Reclaim Market Size

SiC Wafer Reclaim Market size was over USD 1.42 billion in 2024 and is projected to reach USD 9.35 billion by 2037, witnessing around 15.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of SiC wafer reclaim is evaluated at USD 1.6 billion. For businesses that offer SiC wafer reclaim, the growing need for silicon wafers from the consumer electronics industry is opening up new economic opportunities.

SiC wafers are being utilized more frequently in the developing semiconductor industry in electrical devices that can withstand high temperatures, high voltages, or both, for instance, 5G communication systems. As per a recent report, from the end of 2021 to the end of 2022, there was a 76% increase in global 5G wireless connections, reaching 1.05 billion.         

The increasing integration of cutting-edge technologies like artificial intelligence, the Internet of Things, and machine learning is creating new opportunities for SiC wafer reclamation service providers. SiC is widely used in industrial power supplies and photovoltaic converters, but its benefits are best utilized in the e-mobility space.