Silicon carbide wafers and substrates market encompasses semiconductor-grade monocrystalline SiC wafers and separately sold SiC epitaxial wafers at the factory gate. The 2026 market size is USD 1,486.33 million, with a 2036 projection of USD 6,341.07 million and a 15.6% CAGR during 2027–2036. Asia-Pacific represents an estimated ~46% of the base-year value, while 150 mm wafers retain the largest diameter category and 200 mm material is progressing through commercial qualifications.