High Purity Evaporation Materials Market Size - By type (pure metal evaporation material, compound evaporation material, alloy evaporation material), By application (electronic component, optical component) & Region – Forecasts By 2022-2030
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 234
- CATEGORY
- Chemicals & Materials
For high purity, repeatability, cleanliness, and homogeneity in coatings, evaporation materials are employed in thin film precious metal coatings. They can be used for both thermal and e-beam evaporation processes and come in a variety of forms, such as pellets, granules, starting supplies, etc.
Ceramics made from oxide, fluoride, silicide, sulphide, nitride, carbide, boride, selenide, and telluride are some of the main materials used in evaporation. Additionally, alloys, precious metals, and nonprecious metals are employed as evaporation materials. Major end-users of evaporation materials include the electronics, optics, power & energy, packaging, automotive, and aerospace industries.
High Purity Evaporation Materials Market- Overview
The Global High Purity Evaporation Materials Market is expected to grow to a value of more than USD 1.2 billion by 2030, with a growing CAGR (compound annual growth rate) of over 4.5% over 2022-2030.
Market expansion is being fuelled by governments of various nations, like China and India, focusing more on promoting the use of renewable energy. According to estimates, the worldwide evaporation materials market would rise at a faster rate due to the rising demand for evaporation materials from solar panel producers.
Additionally, it is anticipated that over the course of the projection period, increased demand for thin-film solar panels will encourage the market's expansion of evaporation materials. Due to their widespread use in the automotive industry for applying coating layers to vehicles, evaporation materials are predicted to develop at a faster rate than the market for automotive refinish coatings.
High Purity Evaporation Materials Market- Key trends
Increasing need for evaporation material will help the market growth
This market is expanding as a result of the rising need for evaporation materials across a range of industries, including electronics, optical, power, and energy. Due to their features, including high thermal conductivity, low thermal expansion coefficient, and high melting point, evaporation materials are employed in a variety of applications, including electronics, optical, power, and energy. Due to their extensive range of qualities that make them appropriate for many applications across industries like electronics, optical, and the power and energy sectors, metals accounted for the highest share of the worldwide evaporation material market in 2017.
Expanding chemical industry will drive the market expansion
The ability of alloys to withstand temperatures higher than those of metals without losing any of their physical or chemical characteristics makes them suitable for use in a variety of industrial processes, such as metal casting, where they act as a protective coating on molten metal surfaces during cooling. Compounds only made up a small portion of the world's evaporation material market due to their narrow range of applications in the electronics, optical, power, and energy industries, where they are primarily used as catalysts or additives in chemical reactions to create other compounds with desired properties like colour or viscosity.
High Purity Evaporation Materials Market- Segmental assessment
By type
• Pure metal evaporation material
• Compound evaporation material
• Alloy evaporation material
• Others
By application
• Electronic component
• Optical component
• Others
High Purity Evaporation Materials Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
High Purity Evaporation Materials Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Mi-Net, MSE Supplies, Kojundo Chemical Laboratory, Materion, Angstrom Sciences, Umicore, Nichia, Canon Optron, Plasmaterials, Kurt J. Lesker, EVOCHEM, Heeger Materials, Honeywell, GRIKIN Advanced Materials, Vital Thin Film Material, HF-Kejing, Rearth Technology, Shenzhen Canyuan Metal Materials, PRAM, Changsha Xinkang New Materials, Suzhou lucky Precision Material, RD Mathis, Stanford Advanced Materials, TANAKA GROUP, among others.
Report scope
Global High Purity Evaporation Materials Market: Historical Years- 2018-2021
Global High Purity Evaporation Materials Market: Forecast Years- 2022-2030
Global High Purity Evaporation Materials Market 2030- USD 1.2 billion
Global High Purity Evaporation Materials Market CAGR- 4.5%
Key segments covered-
1) By type (pure metal evaporation material, compound evaporation material, alloy evaporation material, and others).
2) By application (electronic component, optical component, and others).
Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Mi-Net, MSE Supplies, Kojundo Chemical Laboratory, Materion, Angstrom Sciences, Umicore, Nichia, Canon Optron, Plasmaterials, Kurt J. Lesker, EVOCHEM, Heeger Materials, Honeywell, GRIKIN Advanced Materials, Vital Thin Film Material, HF-Kejing, Rearth Technology, Shenzhen Canyuan Metal Materials, PRAM, Changsha Xinkang New Materials, Suzhou lucky Precision Material, RD Mathis, Stanford Advanced Materials, TANAKA GROUP, among others.
1.
Global
High Purity Evaporation Materials Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. High Purity Evaporation Materials Market
Definition & Description
1.3. Global
High Purity Evaporation Materials Market Scope and Market Estimation
1.3.1. Global
High Purity Evaporation Materials Overall Market Size, Revenue (US$ Mn), Market
CAGR (%), Market forecast (2023-2033)
1.3.2. Global
High Purity Evaporation Materials Market Revenue Share (%) and Growth Rate
(Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Type
of Global High Purity Evaporation Materials Market
1.4.2. Application
of Global High Purity Evaporation Materials Market
1.4.3. Region
of Global High Purity Evaporation Materials Market
2.
Executive
Summary
2.1. Global
High Purity Evaporation Materials Market
Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global High
Purity Evaporation Materials Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By
Region
3.
Global
High Purity Evaporation Materials Market Estimates & Historical Trend Analysis (2020 -
2022)
4.
Global
High Purity Evaporation Materials Market Estimates & Forecast Trend Analysis, by Type
4.1. Global
High Purity Evaporation Materials Market Revenue (US$ Mn) Estimates and
Forecasts, by Installation, 2023 to 2033
4.1.1. Pure
metal evaporation material
4.1.2. Compound
evaporation material
4.1.3. Alloy
evaporation material
5.
Global
High Purity Evaporation Materials Market Estimates & Forecast Trend Analysis, by Application
5.1. Global
High Purity Evaporation Materials Market Revenue (US$ Mn) Estimates and
Forecasts, by Installation, 2023 to 2033
5.1.1. Electronic
component
5.1.2. Optical
component
6.
Global
High Purity Evaporation Materials Market Estimates & Forecast Trend Analysis, by Region
6.1. Global
High Purity Evaporation Materials Market Revenue (US$ Mn) Estimates and
Forecasts, by Region, 2023 to 2033
6.1.1. North
America
6.1.2. Europe
6.1.3. Asia
Pacific
6.1.4. Middle
East & Africa
6.1.5. South
America
7.
North America High Purity Evaporation
Materials Market: Estimates &
Forecast Trend Analysis
7.1. North
America High Purity Evaporation Materials Market Assessments & Key Findings
7.1.1. North
America High Purity Evaporation Materials Market Introduction
7.1.2. North
America High Purity Evaporation Materials Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
7.1.2.1. By Type
7.1.2.2. By Application
7.1.2.3. By
Country
7.1.2.3.1. The
U.S.
7.1.2.3.2. Canada
7.1.2.3.3. Mexico
8.
Europe High Purity Evaporation
Materials Market: Estimates &
Forecast Trend Analysis
8.1. Europe
High Purity Evaporation Materials Market Assessments & Key Findings
8.1.1. Europe
High Purity Evaporation Materials Market Introduction
8.1.2. Europe
High Purity Evaporation Materials Market Size Estimates and Forecast (US$
Million) (2023 to 2033)
8.1.2.1. By Type
8.1.2.2. By Application
8.1.2.3. By
Country
8.1.2.3.1. Germany
8.1.2.3.2. U.K.
8.1.2.3.3. France
8.1.2.3.4. Italy
8.1.2.3.5. Spain
8.1.2.3.6. Russia
8.1.2.3.7. Rest
of Europe
9.
Asia Pacific High Purity Evaporation Materials
Market: Estimates & Forecast Trend
Analysis
9.1. Asia
Pacific Market Assessments & Key Findings
9.1.1. Asia
Pacific High Purity Evaporation Materials Market Introduction
9.1.2. Asia
Pacific High Purity Evaporation Materials Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
9.1.2.1. By
Type
9.1.2.2. By
Application
9.1.2.3. By
Country
9.1.2.3.1. China
9.1.2.3.2. Japan
9.1.2.3.3. India
9.1.2.3.4. Australia
9.1.2.3.5. South
Korea
9.1.2.3.6. ASEAN
9.1.2.3.7. Rest
of Asia Pacific
10. Middle
East & Africa High
Purity Evaporation Materials Market:
Estimates & Forecast Trend Analysis
10.1. Middle
East & Africa Market Assessments & Key Findings
10.1.1. Middle East & Africa High
Purity Evaporation Materials Market Introduction
10.1.2. Middle East & Africa High
Purity Evaporation Materials Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
10.1.2.1. By Type
10.1.2.2. By Application
10.1.2.3. By
Country
10.1.2.3.1.
U.A.E.
10.1.2.3.2.
Saudi Arabia
10.1.2.3.3.
Egypt
10.1.2.3.4.
South Africa
10.1.2.3.5.
Rest of Middle East &
Africa
11. South
America High
Purity Evaporation Materials Market:
Estimates & Forecast Trend Analysis
11.1. South
America Market Assessments & Key Findings
11.1.1. South
America High Purity Evaporation Materials Market Introduction
11.1.2. South
America High Purity Evaporation Materials Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
11.1.2.1. By Type
11.1.2.2. By Application
11.1.2.3. By
Country
11.1.2.3.1.
Brazil
11.1.2.3.2.
Argentina
11.1.2.3.3.
Colombia
11.1.2.3.4.
Rest of South America
12. Competition
Landscape
12.1. Global
High Purity Evaporation Materials Market Competition Matrix & Benchmarking,
by Leading Players / Innovators / Emerging Players / New Entrants
12.2. Global
High Purity Evaporation Materials Market Concentration & Company Market
Shares (%) Analysis, 2022
13. Company
Profiles
13.1. Mi-Net
13.1.1. Company
Overview & Key Stats
13.1.2. Financial
Performance & KPIs
13.1.3. Product
Portfolio
13.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
13.2. MSE Supplies
13.3. Kojundo Chemical Laboratory
13.4. Materion
13.5. Angstrom Sciences
13.6. Umicore
13.7. Nichia
13.8. Canon Optron
13.9. Plasmaterials
13.10. Kurt J. Lesker
13.11. EVOCHEM
13.12. Heeger Materials
13.13. Honeywell
13.14. GRIKIN Advanced Materials
13.15. Vital Thin Film Material
13.16. HF-Kejing
13.17. Rearth Technology
13.18. Shenzhen Canyuan Metal Materials
13.19. PRAM
13.20. Changsha Xinkang New Materials
13.21. Suzhou lucky Precision Material
13.22. RD Mathis
13.23. Stanford Advanced Materials
13.24. TANAKA GROUP
13.25. Others**
14. Research Methodology
14.1. External
Transportations / Databases
14.2. Internal
Proprietary Database
14.3. Primary
Research
14.4. Secondary
Research
14.5. Assumptions
14.6. Limitations
14.7. Report
FAQs
15. Research Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI