Evaporation materials are used in thin-film deposition. Evaporated materials provide high purity coatings as compared to sputtering targets material. They are available in different processes thermal and e-beam evaporation process. Some of the types of evaporation materials are oxides, nitrides, tellurides and borides. Moreover, the material type classified into metal, alloys and compound.

Market Dynamics

The global evaporation materials market has witnessed a significant growth in recent past years, owing to the rising demand for evaporation materials from electronics manufacturers. Based on applications, the global evaporation material market is bifurcated into electronics, optics, power & energy and others. The major application of evaporation material is electronics across the world, owing to the increasing technological advancements in evaporation materials as compared to sputtering targets. This is estimated to fuel the market growth during the forecast timeframe.

Based on material type, the global evaporation material market is divided into metals, alloys and compound. Among these segments, the metal is further segmented into precious and non-precious metals. Precious and non-precious metals type of metals dominated the global evaporation material market in 2022, owing to the increasing use of precious and non-precious metals as evaporation materials. This is expected to boost the market growth of global evaporation material market in forecast period.

Furthermore, Asia Pacific dominated the global evaporation materials market in 2022, owing to the increasing demand for coating films in various applications such as optical and others in this region. As a result, this scenario is estimated to foster the growth of global evaporation material market during the forecast timeframe.

Key features of the study:

• This report provides in-depth analysis of the global evaporation materials market, market size (US$ Million and Thousand Kg), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023–2030).
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, evaporation material products, regional outlook, and competitive strategy adopted by the leading players.
• Key companies covered as a part of this study includes Materion Corporation, Umicore Group, ULVAC, Inc., Nichia Corporation, China Rare Metal Material Co., Ltd., GRIKIN Advanced Materials Co., Ltd., Canon Optron Inc., Plasmaterials Inc., Process Materials, Inc., The Kurt J. Lesker Company, Aida Chemical Industries Co., Ltd.
• It profiles leading players in the global evaporation materials market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
• The global evaporation materials market report caters to various stakeholders in this industry, including investors, product developers, distributors, evaporation materials companies, research institutes, new entrants, and financial analysts.
• Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global evaporation materials market.

Detailed Segmentation:

• Global Evaporation Material Market, By Material Type:
  • Metals
    • Precious Metals
    • Nonprecious Metals
  • Alloys
  • Compounds
  • Others
• Global Evaporation Material Market, By Application:
  • Electronics
  • Optics
  • Power & Energy
  • Others
• Global Evaporation Material Market, By Region:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Nordic
    • Benelux
    • Russia
    • Poland
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
• Company Profiles
  • Materion Corporation*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Umicore Group
  • ULVAC, Inc.
  • Nichia Corporation
  • China Rare Metal Material Co., Ltd.
  • GRIKIN Advanced Materials Co., Ltd.
  • Canon Optron Inc.
  • Plasmaterials Inc.
  • Process Materials, Inc.
  • The Kurt J. Lesker Company
  • Aida Chemical Industries Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section