Published on: May 2022
Glass wafers - its market growth and expansion
Over the forecast period, the global semiconductor glass wafer industry is predicted to develop at a compound yearly growth rate of 5.84 percent, from US$356.472 million in 2019 to US$530.472 million in 2026. Glass wafers are fine precision glass discs made of borosilicate glass, quartz, or merged silica that serve as a substrate carrier for mounting silicon and other MEM substrates (Microelectromechanical Systems). Glass wafers made of semiconductors are employed in a number of research and industrial applications. The semiconductor is protected by this glass, which also allows for smooth operation. They're also used in display engineering and inspection systems for show glass. A "glass stack"—several layers of thin glass, each with a specialized function, such as encapsulation glass, a glass TFT (thin-film transistor) backplane, and a protective layer. The graphics on the screen are created by combining all of these layers.
The Effects of the COVID-19 Outbreak on the Semiconductor Glass Wafer Industry
The COVID-19 epidemic has had a substantial influence on practically every industry around the world. Many countries have implemented stringent national curfews. It has had a negative impact on both sides of the economy and has disrupted supply chains. The coronavirus epidemic had an impact on the global semiconductor glass wafer market. End-user enterprises halting production in accordance with the government's shutdown strategy resulted in a decline in demand for semiconductor glass wafers. As a result, the Semiconductor Glass Wafer Market is predicted to develop throughout the forecast period, despite a brief downturn.
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