Global chemical vapor deposition market is estimated to be valued at USD 24.27 Bn in 2024 and is expected to reach USD 44.66 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 24.27 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
9.10% |
2031 Value Projection: |
US$ 44.66 Bn |
Figure. Chemical Vapor Deposition Market Share (%), By Region 2024
Chemical vapor deposition (CVD) is a deposition method used to produce high-quality, high-performance, and solid materials. In CVD, gaseous reactants are introduced into a chamber containing the substrate material where chemical reactions take place, resulting in the controlled formation of a solid product. CVD is widely used in the fabrication of microelectronics, optical coatings, microelectromechanical systems (MEMS) devices, and solar panels. The market has grown owing to increasing applications in the electronics, solar, coating, and optics industry. The rising demand for high-quality films and coatings from various end-use industries is a key driver for the global chemical vapor deposition market.
Market Dynamics:
Global chemical vapor deposition market is expected to register robust growth owing to several factors such as increasing demand for microelectronic devices and solar panels, miniaturization of devices, coating applications in tool manufacturing, and medical device industries. Additionally, rising demand for wear-resistant coatings and superior quality films is fueling the market growth. However, strict environmental regulations regarding VOC and effluents from CVD processes act as a restraint. On the other hand, emerging applications of CVD in MEMS and NEMS devices, photovoltaics industry, and biomedical sector present lucrative opportunities. Market players are investing in R&D to develop innovative CVD processes and coating technologies with lower pollution levels.
Key Features of the Study:
- This report provides in-depth analysis of the global chemical vapor deposition market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global chemical vapor deposition market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Applied Materials, Inc., Lam Research Corporation, Tokyo Electron Limited, ASM International N.V., Veeco Instruments Inc., Oxford Instruments plc, Novellus Systems, Inc., Korean Semiconductor Industry Association, CVD Equipment Corporation, SENTECH Instruments GmbH, Linde plc, Merck KGaA, Entegris, Inc., Air Products and Chemicals, Inc., MKS Instruments, Inc., Fujimi Incorporated, Celeroton AG, NexGen Power Systems, Buehler Limited, and Plasma-Therm LLC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global chemical vapor deposition market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chemical vapor deposition market
Detailed Segmentation-
- By Technology Insights (Revenue, USD Bn, 2019 - 2031)
- Plasma-Enhanced Chemical Vapor Deposition (PECVD)
- Low-Pressure Chemical Vapor Deposition (LPCVD)
- Atmospheric Pressure Chemical Vapor Deposition (APCVD)
- Other Technologies
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Semiconductors
- Solar Cells
- Optical Coatings
- Medical Devices
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Applied Materials, Inc.
- Lam Research Corporation
- Tokyo Electron Limited
- ASM International N.V.
- Veeco Instruments Inc.
- Oxford Instruments plc
- Novellus Systems, Inc.
- Korean Semiconductor Industry Association
- CVD Equipment Corporation
- SENTECH Instruments GmbH
- Linde plc
- Merck KGaA
- Entegris, Inc.
- Air Products and Chemicals, Inc.
- MKS Instruments, Inc.
- Fujimi Incorporated
- Celeroton AG
- NexGen Power Systems
- Buehler Limited
- Plasma-Therm LLC