Chemical Vapor Deposition Market Worth US$ 51.02 Billion by 2027

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Precedence Research’s latest report on the global chemical vapor deposition market provides an analysis for the period of 2016 to 2027, wherein, 2020 is the base year, 2016 and before is historical data, and 2020 to 2027 is the forecast period.

The global chemical vapor deposition market size is projected to reach US$ 51.02 Billion by 2027, rising at a market growth (CAGR) of 8.5% during the forecast period.

Precedence Research provides an in-depth analysis of market size, share analysis, Industry growth, market valuation, market dynamics which includes drivers, restraints, opportunities, trends, challenges, market segmentation, competitive landscape, regional and country breakdowns, and strategies for chemical vapor deposition market. The study reviews the global industry by-products or services offered, downstream fields, end using customers, historic data figures regarding revenue and sales, market context, and more.

The report comprises a detailed value chain analysis, which provides a comprehensive view of this market. The Porter’s Five Forces model for the global market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.

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Chemical vapor deposition also known as CVD is a coating process that makes use of thermally persuaded chemical reactions at the surface of a heated substrate along with reagents delivered in gaseous state. CVD is a class of approaches in which a solid is developed by reaction of gaseous source supplies and produces effluent gas. There are multiple variations on the process depending on the pressure range at which it is accompanied, the sort of reactants, and technique to activate the reaction is used. CVD can also be carried out in an atomic layer deposition mode in that single layers of atoms are created at single time.

CVD has a number of recompenses over physical vapor deposition method. It is normally more conformal than physical vapor deposition as it covers uneven surface comparatively uniformly, tracking the morphology instead of causing in low-quality and thin coatings on vertical walls of the substrate like physical vapor deposition method. CVD employed source materials that flow in the process chamber from exterior reservoirs that can be restocked deprived of adulteration of the growth environment. It does not need high vacuum levels and can usually process substrates in greater batches compared with evaporation. Further, CVD is more lenient in terms of its easiness for precision in the process circumstances.

Growth Factors

At present, crucial trend of rising need for economical dressing tools for many industries is enhancing the scenarios of the CVD diamond market. These tools are utilized for many abrasive machining processes. Further, reactor scale engineering is projected to open new alluring opportunities for CVD market during years to come.

In the past few years electronics manufacturing sector has experienced tremendous growth and innovations. Despite the fact that a severe recession condition choked off the demand, large evolving nations leaped into the first tier of manufacturing markets. However the manufacturing rests critically important to both the established and emerging economies. The electronics manufacturing sector is certainly driven by positive regulatory framework for the private investments at the domestic level in countries like Mexico. Further, schemes such as “NITI Aayog” (Make in India Strategy for Electronics Products) in the emergent nations like India are some amongst the many important influences expected to drive the chemical vapor deposition market growth over the estimate period.

Regional Snapshots

Asia Pacific evolved as prominent market for largest regional chemical vapor deposition on account of firm growth of plentiful end-use industries in the region. This local market is principally driven by speedy urbanization in evolving markets and deep-rooted electronics manufacturing base in Taiwan, China, and Korea.

In 2019, North America appeared as second largest market for chemical vapor deposition market closely shadowed by Europe. An ascending trend in the semiconductor and solar industry of the North America region has compelled chemical vapor deposition demand substantially. Moreover, helpful governmental protocols for inspiring local level private investments are expected to offer a lift to region’s end-use businesses like semiconductors.

Report Highlights

  • In Asia Pacific, India is deliberated to have a promptly growing electronics system design manufacturing industry, in that way propelling the growth of CVD market in this region
  • Requirement for high capital investment for new entrants in the CVD technology market is new restricting the further market growth
  • Development of the initiated chemical vapor deposition technology is estimated to offer lucrative growth prospects to the market during next few years
  • Microelectronics application segment accounted 16% market share over forecast period 2020 to 2027.

Key Players of the global chemical vapor deposition market are:

  • CVD Equipment Corporation
  • Lam Research Corporation
  • Intevac, Inc
  • Aixtron SE
  • ASM International NV
  • Richter Precision Inc
  • Plasma-Therm
  • Applied Materials Inc.
  • Veeco Instruments Inc.
  • IHI Ionbond AG
  • OC Oerlikon Corporation AG
  • ULVAC Inc.

Segments Covered in the Report:

Market Segment

By Category 

  • CVD Services
  • CVD Equipment
  • CVD Materials

By End-use

  • Solar Products
  • Cutting Tools
  • Microelectronics
  • Data Storage
  • Medical Equipment
  • Others

Regional Segment

  • North America (United States, Canada)
  • Europe (Germany, France, UK,  Italy, Russia, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia, Korea, and Rest of Asia Pacific)
  • Latin America (Brazil and the Rest of Latin America)
  • The Middle East and Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

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