Evaporation Material Market
Evaporation Material Market By Application (Electronics, Optics, Power and Energy, Others), By Region - Global Market Report (2024 to 2034)
Analysis of Evaporation Material Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Evaporation Material Market Outlook (2024 to 2034)
The evaporation material market size is forecasted to hit US$ 1,942.6 million in 2024. A promising compound annual growth rate (CAGR) of 7.1% is projected to boost the market consistently through 2034. This upward motion is estimated to lead the market to a noteworthy valuation of US$ 3,857.3 million by 2034.
Key Evaporation Material Market Growth Factors
- The market is experiencing significant growth due to the rising demand for thin-film deposition processes across various industries.
- Increased adoption of evaporation materials in the manufacturing of electronic components, such as semiconductors, is a key driver for market expansion.
- Increasing awareness and emphasis on sustainable and eco-friendly manufacturing processes are driving the demand for evaporation materials with lower environmental impact.
- Government initiatives promoting the adoption of advanced technologies and materials in manufacturing are creating a conducive environment for the market to flourish.
- Continuous developments in nanotechnology have increased the demand for evaporation materials, which has led to market growth.
- The evaporation material market is also rising largely due to the growing application spectrum in solar energy generation.
- Sputtering targets and chemical vapor deposition, two recent technical developments in the product, are anticipated to accelerate market expansion.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2024E) | US$ 1,942.6 million |
| Forecasted Market Value (2034F) | US$ 3,857.3 million |
| Global Market Growth Rate (2024 to 2034) | 7.1% CAGR |
| Electronics Segment Growth Rate (2024 to 2034) | 8.0% |
| North America Market Share (2024) | 28.6% |
| East Asia Market Share (2024) | 36.5% |
| Key Companies Profiled |
|
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What are the Key Dynamics Encouraging the Global Evaporation Material Market Growth?
“Evaporation Materials Ride High on Global Consumer Electronics Growth”
Evaporation material market forecasts indicate a bright future with a significant spike in demand brought on by the material's expanding applications in diverse industries. The surge in electronics industries has propelled a robust demand for evaporation materials. The CAGR for the global consumer electronics industry is predicted to be 5.80%. The rise in electronic goods production, including semiconductors and computer chips, drives the demand for evaporation materials. Deployed through alloys and ceramic targets, these materials skillfully craft precise coatings for a variety of tools. Since evaporation makes electrical devices lighter and thinner, which minimizes the amount they weigh and eventually lowers their energy consumption, it is essential to the manufacturing of integrated circuits. Their versatile applications in semiconductors and electronic devices continue to fuel the prospering evaporation material market.
“Evaporation Materials Ride the Wave of Developing Countries’ Clean Energy Push”
The governments of several countries, including China and India, have encouraged the application of renewable energy. An essential adoption is solar panels. As of right now, the Indian government wants to reach 175 GW of renewable energy capacity by 2022. Additionally, the government declared that it is going to establish a program to support dispersed solar and wind energy applications. Similarly, China is really pushing for more renewable energy.
It wants to have more renewable capacity than fossil fuel capacity by 2025. Evaporation materials are in great demand from solar panel producers. Government measures driving the solar energy industry's growth are anticipated to expedite the evaporation materials market growth rate. A significant element propelling solar energy applications is undoubtedly the steady rise in demand for thin-film solar cells.
“Evaporation Material Innovations are Reshaping Semiconductor Fabrication”
Evaporation material market trends suggest that there is a growing demand for advanced materials with enhanced thermal stability and efficiency. Manufacturers are increasingly focusing on developing innovative solutions to meet the evolving needs of different industries. This trend is driven by ongoing technological advancements and the pursuit of more sustainable and cost-effective solutions in various applications. New developments in thermal evaporation materials, including in-situ monitoring and control, atomic layer deposition, organic vapor phase deposition, and pulsed laser deposition, have the potential to change the industry. These are intended for the deposition of organic compounds, such as those used in optoelectronic and organic electronics. These are also commonly utilized in nanotechnology, microelectronics, and advanced semiconductor fabrication.
Which Factors Pose Challenges to the Development of the Evaporation Material Market?
“Evaporation Material Industry Witnesses Headwinds amid Cost Concerns”
The market faces a challenge due to the varying costs of evaporation materials compared to those in alternative vapor deposition technologies. This fluctuation might impede market growth. Industries seek sustainable options for profitability, prompting a negative impact on market growth. Finding alternative applications becomes crucial in navigating this obstacle. It is a factor that demands attention, influencing the market negatively to some extent.
“Evaporation Material Industry Navigates Challenges in Coating Control”
Challenges loom for the evaporation material industry due to issues in controlling the evaporation rate of finished products. This hurdle directly impacts the quality of coatings, demanding meticulous control for efficient results. The intricacies of managing evaporation rates become paramount for achieving optimal coating efficiency. Unfortunately, these challenges are anticipated to impede the overall growth of the evaporation materials market.
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Country-wise Insights
The East Asia evaporation material market is gearing up for promising growth, prophesying a healthy CAGR of 7.6% through 2034. The region's supremacy in terms of demand for evaporation materials can be attributed to the sizeable and expanding electronics industries in countries like South Korea, Japan, and China. In the upcoming years, the market is anticipated to continue growing in terms of revenue due to the growing need for optical coatings for several kinds of applications. In this region, China is set to take the lead in the evaporation material industry, holding a substantial regional market share of 56.9% in 2024.
The evaporation material market in North America is poised for considerable advancement, aiming at a 7.3% CAGR until 2034. Important drivers bolstering market expansion in the region include rising expenditures on research and development, the renewable energy sector's growth, the availability of a long-standing infrastructure, and the growing demand from various end-use sectors. In 2024, the United States is likely to take the limelight as a key player in the evaporation material industry, boasting an estimated regional market share of 71.7%.
What Factors Contribute to China’s Supremacy in the Evaporation Material Industry?
“Evaporation Material Demand in China Soars on Consumer Electronics Dominance”
China's dominance in consumer electronics has propelled its evaporation material market to new heights. The local manufacturing sector has flourished, driven by technological advancements, giving rise to robust revenue streams. Notably, China stands as the world's prime energy consumer, demonstrating a commitment to environmental responsibility. With ambitious plans to reduce CO2 emissions significantly by 2035 and 2050, the country is steering toward sustainability.
The China government is set to elevate renewable energy generation by 50% in the next five years. The 14th Five-Year Plan outlines a target for 33% of electricity to be derived from renewables by 2025, emphasizing a decisive shift toward cleaner energy sources. Solar energy, a rapidly expanding segment, plays a crucial role in this transition. The surge in solar energy adoption amplifies the demand for evaporation materials, which is integral to the production of solar cells and related technologies.
| Attributes | Details |
|---|---|
| China Market Size (2024E) | US$ 403.5 million |
| China Market Size (2034F) | US$ 848.7 million |
| China Market CAGR (2024 to 2034) | 7.7% |
The booming automotive refinish coatings market in China is a catalyst for the evaporation material sector. These materials find extensive use in the automotive industry for coating applications, supporting the country's ruthless plans for sustainable development. As China charts its course toward greener practices and technological prowess, the evaporation material market stands poised for sustained growth.
Why is the United States a Prospering Market for Evaporation Material Providers?
“United States’ Commitment to Reduce CO2 Emissions Drives Evaporation Material Sale Surge”
The United States holds the distinction of being the world's second-leading consumer electronics market, maintaining this position with the continuous adoption of connected smart technologies. The widespread use of home appliances, wearable devices, and other electronics has fueled a notable surge in consumer electronics demand. Evaporation is crucial for integrated circuit manufacturing as it reduces the weight and thickness of electrical devices, ultimately minimizing energy consumption.
Top market players are actively investing in research and development, exemplified by Philips dedicating over US$ 500 million in the first quarter of 2022. Given this dedication to innovation, new products with revolutionary characteristics are introduced. This is likely to help the country's evaporation material market continue its upward trend.
| Attributes | Details |
|---|---|
| United States Market Size (2024E) | US$ 398.4 million |
| United States Market Size (2034F) | US$ 825.0 million |
| United States Market CAGR (2024 to 2034) | 7.6% |
The surge in solar and wind energy installations, coupled with supportive governmental policies and decreasing costs of solar panels, is fostering a heightened demand for renewable energy in the United States. The commitment of the government to allocate a substantial US$ 555 billion for clean energy programs provides a promising opportunity for the evaporation material market.
Category-wise Insights
In 2024, the optics segment is projected to be at the forefront, claiming a 31.5% market share.
What Makes Evaporation Material Preferable for Optics Applications?
“Evaporation Materials Shine in Optics Innovations”
The optics segment is estimated to hold 32.8% of the evaporation material market share by 2034. The adoption of evaporation material for optic application is projected to upsurge at a CAGR of 7.2% through 2034. A corresponding need for improved materials is seen in the growth of the optics industry, where evaporation materials are essential. The growing array of applications for optics makes accurate and effective thin-film deposition-a strength of evaporation materials-all the more necessary. Within the field of optics, evaporation material is distinguished by its special benefits. Its accuracy in forming thin films is what makes it preferred. These films are produced by the evaporation technique and have remarkable optical characteristics. The technique guarantees consistency and dependability by enabling the regulated deposition of materials onto surfaces. For many optical applications where reliable and superior thin films are essential, evaporation material is an excellent option due to its accuracy.
By 2034, however, the electronics application segment is projected to witness a maximum CAGR of 8.0%. The booming global electronics sector significantly influences evaporation material market dynamics. Evaporation materials are essential because they are employed extensively in the deposition procedures needed to make semiconductors, LEDs, and other electronic components. In order to make integrated circuits, evaporation makes electrical devices lighter and thinner, which decreases their overall weight and energy consumption. Additionally, during the manufacturing or packaging process, these materials are applied to flexible substrates or printed circuit boards. This helps keep moisture from leaking between layers and improves the product's reliability and durability over time.
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Competitive Landscape
Key players in the evaporation material market include Materion Corporation, ULVAC, Inc., Nichia Corporation, Umicore Group, China Rare Metal Material Co., Ltd., Canon Optron Inc., Plasmaterials Inc., GRIKIN Advanced Materials Co., Ltd., Process Materials, Inc., Aida Chemical Industries Co., Ltd., and The Kurt J. Lesker Company. These key players employ various strategies to stay competitive. Some focus on enhancing research and development efforts, continuously innovating to introduce advanced materials. Others prioritize cost-effective production methods to maintain a competitive pricing edge. Several players emphasize sustainable practices, aligning with the growing environmental consciousness. Strategic partnerships and collaborations are prevalent, fostering technological exchange and market expansion.
Recent Developments
In May 2023, for metallizers and metal coating, Supervac Industries LLP introduced Alpha+ Evaporation Boats. These have a longer operating life, an evenly distributed metal coating free of pinholes, and use less power.
In May 2023, at its pulp factory in Sweden, Södra Cell Mönsterås constructed and opened an entirely novel evaporation line. The previous line in the mill, evaporation line 1, has been supplanted with the brand-new line, evaporation line 3.
Segmentation of Evaporation Material Market Analysis
-
By Application:
- Electronics
- Optics
- Power and Energy
- Others
-
By Region:
- North America
- Latin America
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019-2023 and Forecast, 2024-2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019-2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024-2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Material Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Material Type, 2019-2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Material Type, 2024-2034 5.3.1. Metals 5.3.1.1. Precious metals 5.3.1.2. Non-precious metals 5.3.2. Alloys 5.3.3. Compounds 5.3.4. Others 5.4. Y-o-Y Growth Trend Analysis By Material Type, 2019-2023 5.5. Absolute $ Opportunity Analysis By Material Type, 2024-2034 6. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019-2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024-2034 6.3.1. Electronics 6.3.2. Optics 6.3.3. Power and Energy 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2019-2023 6.5. Absolute $ Opportunity Analysis By Application, 2024-2034 7. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019-2023 7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024-2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019-2023 and Forecast 2024-2034, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 8.2.1. By Country 8.2.1.1. U.S. 8.2.1.2. Canada 8.2.2. By Material Type 8.2.3. By Application 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Material Type 8.3.3. By Application 8.4. Key Takeaways 9. Latin America Market Analysis 2019-2023 and Forecast 2024-2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Material Type 9.2.3. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material Type 9.3.3. By Application 9.4. Key Takeaways 10. Western Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. U.K. 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Material Type 10.2.3. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material Type 10.3.3. By Application 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Material Type 11.2.3. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material Type 11.3.3. By Application 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Material Type 12.2.3. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material Type 12.3.3. By Application 12.4. Key Takeaways 13. East Asia Market Analysis 2019-2023 and Forecast 2024-2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Material Type 13.2.3. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material Type 13.3.3. By Application 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Material Type 14.2.3. By Application 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Material Type 14.3.3. By Application 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Material Type 15.1.2.2. By Application 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Material Type 15.2.2.2. By Application 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Material Type 15.3.2.2. By Application 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Material Type 15.4.2.2. By Application 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Material Type 15.5.2.2. By Application 15.6. U.K. 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Material Type 15.6.2.2. By Application 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Material Type 15.7.2.2. By Application 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Material Type 15.8.2.2. By Application 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Material Type 15.9.2.2. By Application 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Material Type 15.10.2.2. By Application 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Material Type 15.11.2.2. By Application 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Material Type 15.12.2.2. By Application 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Material Type 15.13.2.2. By Application 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Material Type 15.14.2.2. By Application 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Material Type 15.15.2.2. By Application 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Material Type 15.16.2.2. By Application 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Material Type 15.17.2.2. By Application 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Material Type 15.18.2.2. By Application 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Material Type 15.19.2.2. By Application 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Material Type 15.20.2.2. By Application 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Material Type 15.21.2.2. By Application 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Material Type 15.22.2.2. By Application 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Material Type 15.23.2.2. By Application 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Material Type 16.3.3. By Application 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Materion Corporation 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Umicore Group 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. ULVAC, Inc. 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Nichia Corporation 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. China Rare Metal Material Co., Ltd. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. GRIKIN Advanced Materials Co., Ltd. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Canon Optron Inc. 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Plasmaterials Inc. 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Process Materials, Inc. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. The Kurt J. Lesker Company 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. Aida Chemical Industries Co., Ltd. 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019-2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019-2034
Table 3: Global Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 4: Global Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 5: Global Market Value (US$ Million) Forecast by Application, 2019-2034
Table 6: Global Market Volume (Tons) Forecast by Application, 2019-2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019-2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019-2034
Table 9: North America Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 10: North America Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 11: North America Market Value (US$ Million) Forecast by Application, 2019-2034
Table 12: North America Market Volume (Tons) Forecast by Application, 2019-2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019-2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019-2034
Table 15: Latin America Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 16: Latin America Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2019-2034
Table 18: Latin America Market Volume (Tons) Forecast by Application, 2019-2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019-2034
Table 20: Western Europe Market Volume (Tons) Forecast by Country, 2019-2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 22: Western Europe Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Application, 2019-2034
Table 24: Western Europe Market Volume (Tons) Forecast by Application, 2019-2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019-2034
Table 26: Eastern Europe Market Volume (Tons) Forecast by Country, 2019-2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 28: Eastern Europe Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019-2034
Table 30: Eastern Europe Market Volume (Tons) Forecast by Application, 2019-2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019-2034
Table 32: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019-2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 34: South Asia and Pacific Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019-2034
Table 36: South Asia and Pacific Market Volume (Tons) Forecast by Application, 2019-2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019-2034
Table 38: East Asia Market Volume (Tons) Forecast by Country, 2019-2034
Table 39: East Asia Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 40: East Asia Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 41: East Asia Market Value (US$ Million) Forecast by Application, 2019-2034
Table 42: East Asia Market Volume (Tons) Forecast by Application, 2019-2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019-2034
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019-2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Material Type, 2019-2034
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Material Type, 2019-2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019-2034
Table 48: Middle East and Africa Market Volume (Tons) Forecast by Application, 2019-2034
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List Of Figures
Figure 1: Global Market Value (US$ Million) by Material Type, 2024-2034
Figure 2: Global Market Value (US$ Million) by Application, 2024-2034
Figure 3: Global Market Value (US$ Million) by Region, 2024-2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019-2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019-2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024-2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024-2034
Figure 8: Global Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 9: Global Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 13: Global Market Volume (Tons) Analysis by Application, 2019-2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 16: Global Market Attractiveness by Material Type, 2024-2034
Figure 17: Global Market Attractiveness by Application, 2024-2034
Figure 18: Global Market Attractiveness by Region, 2024-2034
Figure 19: North America Market Value (US$ Million) by Material Type, 2024-2034
Figure 20: North America Market Value (US$ Million) by Application, 2024-2034
Figure 21: North America Market Value (US$ Million) by Country, 2024-2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019-2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 26: North America Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 27: North America Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 31: North America Market Volume (Tons) Analysis by Application, 2019-2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 34: North America Market Attractiveness by Material Type, 2024-2034
Figure 35: North America Market Attractiveness by Application, 2024-2034
Figure 36: North America Market Attractiveness by Country, 2024-2034
Figure 37: Latin America Market Value (US$ Million) by Material Type, 2024-2034
Figure 38: Latin America Market Value (US$ Million) by Application, 2024-2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024-2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019-2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 45: Latin America Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 49: Latin America Market Volume (Tons) Analysis by Application, 2019-2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 52: Latin America Market Attractiveness by Material Type, 2024-2034
Figure 53: Latin America Market Attractiveness by Application, 2024-2034
Figure 54: Latin America Market Attractiveness by Country, 2024-2034
Figure 55: Western Europe Market Value (US$ Million) by Material Type, 2024-2034
Figure 56: Western Europe Market Value (US$ Million) by Application, 2024-2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024-2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 59: Western Europe Market Volume (Tons) Analysis by Country, 2019-2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 63: Western Europe Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 67: Western Europe Market Volume (Tons) Analysis by Application, 2019-2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 70: Western Europe Market Attractiveness by Material Type, 2024-2034
Figure 71: Western Europe Market Attractiveness by Application, 2024-2034
Figure 72: Western Europe Market Attractiveness by Country, 2024-2034
Figure 73: Eastern Europe Market Value (US$ Million) by Material Type, 2024-2034
Figure 74: Eastern Europe Market Value (US$ Million) by Application, 2024-2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024-2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 77: Eastern Europe Market Volume (Tons) Analysis by Country, 2019-2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 81: Eastern Europe Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 85: Eastern Europe Market Volume (Tons) Analysis by Application, 2019-2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 88: Eastern Europe Market Attractiveness by Material Type, 2024-2034
Figure 89: Eastern Europe Market Attractiveness by Application, 2024-2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024-2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Material Type, 2024-2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Application, 2024-2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024-2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 95: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019-2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 99: South Asia and Pacific Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 103: South Asia and Pacific Market Volume (Tons) Analysis by Application, 2019-2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 106: South Asia and Pacific Market Attractiveness by Material Type, 2024-2034
Figure 107: South Asia and Pacific Market Attractiveness by Application, 2024-2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024-2034
Figure 109: East Asia Market Value (US$ Million) by Material Type, 2024-2034
Figure 110: East Asia Market Value (US$ Million) by Application, 2024-2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024-2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 113: East Asia Market Volume (Tons) Analysis by Country, 2019-2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 117: East Asia Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 121: East Asia Market Volume (Tons) Analysis by Application, 2019-2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 124: East Asia Market Attractiveness by Material Type, 2024-2034
Figure 125: East Asia Market Attractiveness by Application, 2024-2034
Figure 126: East Asia Market Attractiveness by Country, 2024-2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Material Type, 2024-2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2024-2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024-2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 131: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019-2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Material Type, 2019-2034
Figure 135: Middle East and Africa Market Volume (Tons) Analysis by Material Type, 2019-2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Material Type, 2024-2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material Type, 2024-2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019-2034
Figure 139: Middle East and Africa Market Volume (Tons) Analysis by Application, 2019-2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024-2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024-2034
Figure 142: Middle East and Africa Market Attractiveness by Material Type, 2024-2034
Figure 143: Middle East and Africa Market Attractiveness by Application, 2024-2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024-2034
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- FAQs -
What was the Value of the Evaporation Material Market in 2019?
The evaporation material industry was worth US$ 1,378.6 million in 2019.
How Big will be the Evaporation Material Market?
The evaporation material industry is likely to be valued at US$ 1,942.6 million in 2024.
What is the Demand Forecast for Evaporation Material for the Decade?
The evaporation material market is projected to reach a market value of US$ 3,857.3 million by the end of 2034.
What is the Adoption Growth projection for Evaporation Material?
Adoption of evaporation material is projected to rise at a CAGR of 7.1% through 2034.
At What rate is the Evaporation Material Market in North America predicted to Grow?
The North America evaporation material market is forecasted to register a CAGR of 7.3% through 2034.
Evaporation Material Market