Synopsis of Global Vapor Deposition Market:
Vapor deposition is a conglomerate of processes, which are used for atom-by-atom or molecule-by-molecule deposition of a single layer or multi-layers of some selected materials on a solid surface of a targeted substrate. The Physical Vapor Deposition (PVD) process uses a liquid or solid source of vapor and Chemical VAPOR Deposition (CVD) using a chemical vapor as a source. The vapor deposition technology is used in various applications including semiconductors, LED, optics, displays, photovoltaic cells, and decorative coatings.
Global vapor deposition market is estimated to reach USD 63,686.70 million at a healthy CAGR of 7.03% by the end of 2023. This growth is attributed to the increasing consumption of various electronic devices, equipment, and appliances across the globe, surging demand from medical devices & equipment, and stringent environmental regulations against the use of Hexavalent Chromium (Cr6).
Study Objectives of Vapor Deposition Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Vapor Deposition Market
- To understand the supply and demand dynamics including supply and consumption concentration mapping
- To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
- To provide competitor positioning of the market
- To provide company profiling of major players in the market along with their production and capacity
- To provide regional trade analysis
- To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Geographically, Asia Pacific accounts for the largest market share in Vapor Deposition market growth due to demand in various industry such as textile, leather, and paper, especially in China region followed by India. Europe holds the second position for Vapor Deposition market and is another lucrative market in terms of value and volume after APAC. Germany, Italy, and UK led the demand for Vapor Deposition in this region. In Europe region, Vapor Deposition market is mainly driven by textile industry.
North America accounted for the third largest share in the global Vapor Deposition market in 2016. UK, Canada, and United Mexican States led the demand for Vapor Deposition in this region. In this region, Vapor Deposition market is driven by large demand in textile, paper, and leather industry. Latin America and the Middle East also witnessed in growth of reactive dye market due to various application such as paper dye, leather dye, wood dye, and others.
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Major Key Players:-
Key players of the global vapor deposition market are Aurora Scientific Corp (UK), IHI Hauzer Techno Coating BV (Europe), ULVAC Technologies (Japan), Oerlikon Balzers Coating AG (Europe), Semicore Equipment, Inc (US), Plasma-Therm, LLC (US), Aixtron SE (Germany), Tokyo Electron Limited (Japan), Lam Research Corporation (US), CHA Industries, Inc. (UK), and Others.
MRFR in its report has offered a segmental analysis of the market based on process, application, end-use industry, and region.
On the basis of the process, the market is segmented into chemical vapor deposition (CVD) and physical vapor deposition (PVD). The CVD is further classified into low-pressure CVD, atmospheric pressure CVD, metalorganic, and plasma enhanced CVD (PECVD). Whereas, PVD is sub-segmented into cathodic arc deposition, electronic beam PVD, and sputter deposition.
By application, the market is classified into microelectronics, cutting tool, medical devices & equipment, and decorative coatings among others.
Based on the end-use industry, the market is categorized electrical & electronics, automotive, aerospace, metal industry, medical, and others.
Based on the region, the global vapor deposition market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The report covers brief analysis of geographical region includes
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- North America
- Rest of Europe
- Middle East & Africa
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
- Manufacturers and distributors of vapor deposition technology.
- Suppliers and traders.
- Government, associations and industrial bodies.
- Investors and Trade experts.
- Consulting with chemical experts.
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