The global chemical vapor deposition (CVD) market is expected
to reach USD 48.01 billion by 2025, according to a new report by Grand View
Research, Inc. Globally increasing demand from semiconductor industry has been
a major factor driving industry growth. Also, growing consciousness regarding
the benefits of these products along with consumer preference for modern and
durable electronic devices has resulted in increased utilization CVD coatings
in various applications.
CVD technology is employed for producing
high-performance solid materials mainly to manufacture thin films for the
semiconductor industry. In this process, the wafer/substrate comes in contact
with a volatile precursor that reacts to form different types of deposits such
as pyrolytic coatings, also referred to as hard coatings.
CVD coatings are generally deposited at
higher temperatures and exhibit strong adhesion to glass surfaces. The volatile
precursors for the process include halides (TiCl4, TaCl5, WF6), hydrides (SiH4,
GeH4, and ammonia), metal organic compounds (metal alkyls/alkoxides/
dialylamides/diketonates/carbonyls), and others (ligands and complexes).
In the current scenario, industry players
are focusing on developing processes for hybrid thin inorganic-organic
deposition films to lower the production costs, thereby driving the semiconductor
industry. This trend has led to increased and tighter supply of titanium
compounds in compliance with environmental norms.
CVD equipment was the largest category in
2016 and is expected to maintain a relatively average growth rate over the forecast
period owing to good quality of deposition films obtained from the equipment.
CVD services segment is the fastest growing chemical vapor deposition segment
owing to technological advancements in technologies such as plasma enhanced
process, hot-wire and combustion based.
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Further key findings from the report suggest:
· The global CVD market was valued at 20.8
billion in 2016 and is expected to grow at a CAGR of 9.8% from 2017 to 2025
· In application segment, microelectronics
was the largest consumption center in 2016 and is estimated to reach a net
worth exceeding USD 17.90 billion by 2025
· The Asia Pacific chemical vapor deposition
market was the largest in 2016 and is anticipated to follow the same trend over
the forecast period, owing to number of developments from end-use industries
across major economies
· The technology demand in the solar products
(PV modules and solar cells) segment was valued over USD 390 million in 2016
· These technologies are classified on the
basis of operating pressure, physical characteristics of vapor and plasma
enhanced chemical vapor deposition
· Key players including Veeco Instruments,
Inc., Ulvac, Inc., IHI Corporation, Applied Materials Inc. Tokyo Electron
Limited and Adeka Corporationdominates the global market in 2016 with major
market share.
Grand View Research has segmented the
global Chemical Vapor Deposition (CVD) market on the basis of equipment &
services, application and region:
Equipment & Services Outlook (Revenue,
USD Million, 2014 - 2025)
·
CVD Equipment
·
CVD Materials
·
CVD Services
Application Outlook (Revenue, USD Million,
2014 - 2025)
·
Microelectronics
·
Data Storage
·
Solar Products
·
Cutting Tools
·
Medical Equipment
·
Others
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
Middle East & Africa
Access Press Release of Chemical Vapor Deposition Market@ https://www.grandviewresearch.com/press-release/global-chemical-vapor-deposition-cvd-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
