EVAPORATION MATERIALS MARKET ANALYSIS

Regional Analysis

Global Evaporation Materials Market: Regional Analysis

On basis of the region, Asia Pacific region dominated the global evaporation material market, in 2012, accounting for 30% share in terms of volume, followed by North America and Europe respectively. The Asia Pacific region is anticipated to lead in terms of demand for evaporation materials due to the significant and expanding electronics industries in nations such as China, Japan, Korea, and Taiwan. Additionally, it is anticipated that in the upcoming years, the global evaporation materials market will continue to grow in terms of revenue due to the rising demand for optical coatings for a variety of applications. Growing automotive refinish coatings market is expected to augment the market growth of evaporation materials as these materials are widely used across the automotive industry for depositing the coating layer into the automobile.

Due to the rising demand from numerous end use industries in the region, North America dominant the second-largest position in the market for evaporation materials.

Figure 2. Global Evaporation Materials Market, By Region, 2022

Evaporation Materials Market Report Coverage

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East &Africa:  South Africa, GCC Countries, Rest of Middle East & Africa