Physical vapor deposition market industry report 2025, with case studies of oc oerlikon management, ihi hauzer techno coating and applied materials inc.
Dublin, march 10, 2025 (globe newswire) -- the "physical vapor deposition (pvd): global markets" report has been added to researchandmarkets.com's offering. the physical vapor deposition (pvd) market was valued at usd 22.8 billion in 2024, and is projected to reach usd 33.1 billion by 2029, rising at a cagr of 7.7%. pvd coating is an eco-friendly coating that contributes to sustainable manufacturing. for example, it reduces requirements for toxic cleaning agents and increases the service life of the coated items, reducing waste and frequent replacement. additionally, advanced pvd systems consume relatively low energy, making pvd energy efficient. the pvd material is recyclable. therefore, pvd is experiencing new applications such as fuel cells and 3d printing. market dynamics and growth factors key growth factors in the global pvd market are limitations on using hexavalent chromium, increasing demand for decorative items, and growth in end-use industries. in developed countries such as the u.s., the u.k. and others, there has been a limitation on using electroplating as it can cause cancer in humans. therefore, many consumers are shifting toward pvd coating as it is a green coating technology. the thin film coating on decorative items such as eyewear, watches, and kitchen and bathroom fixtures is also gaining popularity across the globe. the growing penetration of pvd in electric vehicles (evs) is expected to create new opportunities for the global pvd market in the coming years. pvd coatings have increasing applications in ev components, fuel cell bipolar plates, additive-manufactured products, and rocket and space applications. report scope the global physical vapor deposition (pvd) market is segmented into product type, technology, application and region. the product type segment covers equipment, material and services; the technology segment covers thermal evaporation, sputtering and others (cathodic arc deposition and pulsed laser deposition); the application segment covers medical devices, photovoltaic, cutting tools, data storage, microelectronics, and others (3d printing, fuel cell, optical, r&d, automotive, aerospace, food packing and processing, consumer goods, and energy and oil and gas); and the regions analyzed are north america, europe, asia-pacific and the rest of the world (row). the regional market is further segmented into product type, technology, application and respective countries. this study encompasses essential information such as the market's value chain; an analysis of porter's five forces; regulations and standards; market dynamics (drivers, restraints/challenges, trends and opportunities); emerging technologies and applications of pvd; case studies; patent analysis; an environmental, social and governance (esg) analysis; and the competitive landscape. the report also provides in-depth company profiles of the top 15 players active in the global market with their financial and key developments (for public players). the report includes:
