Lucintel’s latest market report analyzed that silicon wafer in the global electronic chemical provides attractive opportunities in the consumer electronic, automotive, industrial, and telecommunication markets. The silicon wafer in the global electronic chemical market is expected to reach $14.8 billion by 2028 with a CAGR of 6%. In this market, solar cells is the largest segment by application, whereas consumer electronics is largest by end use.
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Based on application, the silicon wafer in the global electronic chemical market is segmented into solar cells, integrated circuits, photoelectric cells, and others. The solar cells segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage of solar cells in the renewable energy production across the globe.
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The Silicon Wafer in the Global Electronic Chemical Market is marked by the presence of several big and small players. Some of the prominent players offering silicon wafer in the global electronic chemical include GlobalWafers Singapore, Okmetic Oy, Shin-Etsu Chemical Co, Silicon Materials, Siltronic AG, SK Siltron Co, Sumco Corporation, Tokuyama Corporation, Virginia Semiconductor, and Wafer Works Corporation.
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