PVD coating system market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. PVD is a multistep process and is characterized by a procedure that includes the condensation of a substance to a vapour phase and again to a thin film condensed phase. PVD is widely used in the production of substances that require thin films for mechanical, optical, chemical, or electronic functions, and is semiconductor devices such as thin-film solar panels, aluminized PET film for food packaging and balloons, and titanium nitride-coated cutting tools for metalworking. Moreover, technological advancements, and contributions by key players such as Denton Vacuum, Diamond Materials Gmbh, and High-Temperature Superconductors, Inc., will further drive the market growth. For instance, in June 2022, High-Temperature Superconductors, Inc. announced a successful acquisition of PVD Products Inc., which specializes in the manufacturing of PVD techniques and PLD systems. The acquisition is expected to strengthen the market position of HTS, Inc.
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The global PVD coating system market is segmented based on substrates, materials, and applications. Based on substrates the market is sub-segmented into nylon, plastics, glass, ceramics and metals. Based on materials the market is sub-divided into titanium, zirconium, aluminium, stainless steel and copper. Based on application the market is categorized into electronics and panel display, optics and glass, automotive, tools and hardware, and others. Based on substrates, the plastic PVD coating segment is expected to grow at a significant rate, owing to its corrosion-resistant electroplating property that improves the finishing of the surface, and provides superior performance while posing no environmental risks, to various products such as automotive parts, electronics, and semiconductor. However, the PVD glass segment has registered a favourable growth during the forecast period, owing to its Low-e glass feature that aids in the reduction of heat loss, which is becoming increasingly important in the construction industry.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global PVD Coating System Market by Substrates
- Nylon
- Plastics
- Glass
- Ceramics
- Metals
Global PVD Coating System Market by Materials
- Titanium
- Zirconium
- Aluminum
- Stainless Steel
- Copper
Global PVD Coating System Market by Application
- Electronics and Panel Display
- Optics and Glass
- Automotive
- Tools and Hardware
- Other
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advanced Coating Service
- Anglo American Plc
- Angstrom Engineering Inc.
- Denton Vacuum.
- Diamond Materials Gmbh
- Hef
- Ihi Corp.
- Impact Coatings AB
- Intevac, Inc.
- Kobe Steel Ltd
- Kolzer
- Kurt Lesker Co
- Lafer S.P.A.
- Morgan Advanced Materials Plc
- Nissin Electric Co.,Ltd
- Oc Oerlikon Corp. Ag
- Sp3 Diamond Tech
- Sumitomo Electric Industries Ltd
- Voestalpine High Performance Metals India Pvt. Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global PVD coating system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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