SiC Wafer Reclaim Market revenue to hit USD 2 Billion by 2036, says Research Nester

New York, Feb. 12, 2024 (GLOBE NEWSWIRE) — The global SiC wafer reclaim market size is predicted to expand at ~9% CAGR between 2024 and 2036. The market is projected to garner a revenue of USD 2 billion by the end of 2036, up from a revenue of ~USD 772 million in the year 2023.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.