The chemical vapor deposition (CVD) market is estimated to grow from US$23.876 billion in 2025 at a CAGR of 9.31% to US$37.254 billion in 2030.
Chemical Vapour Deposition (CVD) is a broad category of thin film deposition processes frequently utilized in manufacturing high-quality, high-performance solid coatings or polymers. While the exact number of CVD processes can vary significantly, they all have a common feature: a chemical reaction involving a gaseous precursor induced by heat or plasma, forming a dense thin film on a substrate.
This is a highly versatile and rapid method for growing extremely dense, pure coatings with uniform thickness. In thermal CVD, the substrate is heated, and a precursor reactant gas is introduced into the deposition chamber. This gas may either be directly absorbed onto the surface of the substrate to be coated or form an intermediate reactant in the gas phase, which is then deposited onto the substrate. The processes are operated at high temperatures and reduced atmospheric pressure.
Chemical vapor deposition (CVD) market drivers
Growing demand from the electronics industry
Demand for electronic devices is becoming increasingly high for the CVD market, as their use in the daily life of human beings has continued to increase over the years because of their increasing importance with upgraded technology. The demand for electronic components, such as integrated circuits, displays, and sensors, is growing fast because of the mushrooming sales of smartphones, tablets, laptops, and other consumer electronic devices, which often require materials made by CVD for their fabrication. In line with this, India will become the global semiconductor leader, with demand projected to surpass $80 billion by 2026. The Indian government is also focusing on building a strong semiconductor manufacturing environment.
Moreover, the Internet of Things has become extremely popular. It entails many connected devices, from smart homes to wearables, industrial sensors, and automotive electronics, which involve innumerable electronic components that rely on CVD processes.
The increase in 5G networks will lead to an upsurge in demand for high-performance electronic components, such as radio frequency (RF) modules and antennas, typically fabricated using CVD-based materials. According to Cisco, in 2023, more than 70% of the world was connected to the internet through a mobile device at a rate of 14.7 billion machine-to-machine connections, enabling applications such as connected autos and smart home devices. CVD-based materials demand is being driven by the increasing number of electronic components installed in vehicles, including infotainment systems, driver assistance features, and systems for autonomous driving.
Chemical vapor deposition (CVD) market geographical outlook
By geography, the chemical vapor deposition market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Asia-Pacific is the largest market for CVD, and the region's most important consumers include China, Taiwan, South Korea, and Japan.
The fast-growing industrialization of the electronics and automotive sectors has been a significant driver of demand for CVD-based materials and technologies. In line with this, domestic electronics production was valued at $101 billion in FY23 and is divided into the following categories (based on FY22 data): mobile phones (43%), IT hardware (5%), consumer electronics (12%), strategic electronics (5%), industrial electronics (12%), wearables and hearables (0.3%), PCBA (0.7%), auto electronics (8%), LED lighting (3%), and electronic components.
North America also has a high share due to mature industries and strong research capabilities in aerospace, automotive, and electronics in the United States. Europe, Germany, and the UK emphasize innovation and advanced materials, which contribute to this market. Emerging markets like India, Brazil, and Russia are also fueling the industry and are part of the process of accelerating industrialization; CVD, therefore, has great potential, especially in specific industries.
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Report Coverage:
Historical data & forecasts from 2022 to 2030
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The chemical vapor deposition (CVD) market is segmented and analyzed as follows:
By Type of CVD Process
Thermal CVD
Plasma-Enhanced CVD
Low-Pressure CVD
Metal-Organic CVD
By End Use Industry
Electronics
Automotive
Aerospace and Defense
Energy
Medical
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
UAE
Rest of the Middle East and Africa
Asia Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific
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