Chemical vapor deposition (CVD) Market 2020 Analysis and Opportunities During COVID-19 Pandemic | ADEKA CORPORATION, Aixtron, Applied Materials Inc

Chemical vapor deposition (CVD) is a deposition method, which is used to produce high quality and high-performance solid materials, typically under vacuum. The process is often used in the semiconductor industry for producing thin films and goes into various segments, such as smartphones, PCs, tablets, and other medical electronics.

The market for chemical vapor deposition (CVD) is anticipated to register a CAGR of around 10%, during the forecast period.

Some of the major players of the market are:

ADEKA CORPORATION, Aixtron, Applied Materials Inc., ASM International, CVD Equipment Corporation, Dynavac, IHI Ionbond AG, LAM RESEARCH CORPORATION, Mustang Vacuum Systems, OC Oerlikon Management AG, Oxford Instruments, Plasma-Therm, Tokyo Electron Limited, ULVAC Inc., Veeco Instruments Inc., amongst others.

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Market Overview

- Metals, such as aluminum, copper, etc., which go into the manufacturing of microelectronics, are often deposited by CVD methods. Copper CVD is generally used as a substitute in integrated circuits. The Indian semiconductor industry offers high potential growth areas, as industries sourcing semiconductors in the country are witnessing high demand. India is considered to have a rapidly growing electronics system design manufacturing (ESDM) industry, thereby driving the market.
- High capital investment for CVD technology is likely to hinder the market growth.
- Development of the initiated chemical vapor deposition technology is projected to act as an opportunity for the market, in the future.

Notable Developments

In March 2018, Oerlikon has announced to acquire Sucotec AG, a Swiss manufacturer specializing in CVD (Chemical Vapour Deposition) equipment for the tools market. The acquisition is likely to enhance the range of products and services provided by Oerlikon Balzers, which focuses on PVD (Physical Vapour Deposition) and PACVD (Plasma Assisted Chemical Vapour Deposition)

Key Market Trends

Increasing Demand from the Electronics Industry

- CVD is a major process in the production of thin films of all three categories of electronic materials: semiconductors, conductors, and insulators.
- CVD plays an important role in the designing and processing of advanced electronic conductors and insulators, as well as related structures, such as diffusion barriers and high thermal conductivity substrates (heat-sinks). Various materials, such as titanium nitride, silicon nitride, silicon oxide, diamond, and aluminum nitride are used in conductors and insulators that are produced by CVD.
- Aluminum has long been the metal of choice for electrical conductors in semiconductor devices. It is readily evaporated and can be processed by CVD at a low temperature.
- Copper is intrinsically a better metal than aluminum for the metallization of ICs. The development of CVD copper for semiconductor metallization is on a considerable scale in recent times.
- Researchers in Japan have determined that copper interconnects deposited by Metallo-organic chemical vapor deposition (MOCVD), then followed by chemical mechanical polishing, which provides sub-quarter-micron interconnects and can be achieved on a production basis.
- CVD copper is competing directly with sputtering, which, at this stage, is still the preferred production process. The most likely CVD applications of superconductors to reach the practical stage are coatings for semiconductors and other electronics-related applications. The semiconductor industry is shifting massively from aluminum to copper for chip metallization.
- Therefore, the demand for CVD in for electronic applications is expected to grow in the coming years.

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Asia- Pacific Region to Dominate the Market

- In Asia-Pacific, China is the largest economy in terms of GDP.
- The country's reliance on coal to meet its energy needs has started to wear off and now the government has started to close mines and restrict the construction of new coal power plants in recent years, particularly in heavily populated areas. Nevertheless, the coal sector still accounts for 59% of the total electricity consumption of the country.
- The solar energy sector of the country is mainly driven by the huge-scale production and learning curve effects. The government is focused on mitigating urban air pollution and enhancing energy security and resilience by positioning the nation as the world's leading supplier of clean energy technologies of the future.
- The top three global solar PV manufacturing companies JinkoSolar, JA Solar, and Trina Solar are all headquartered in China. On May 31, 2018, the Chinese government announced subsidy reductions for photovoltaic power generation, widely known as the 531 Policy.
- Furthermore, the electronics industry in India is mainly driven by macro-economic factors, such as growing middle-class families and rising disposable incomes. In addition to this, high preference for high-end technological devices and the declining electronics prices are also fueling the demand.
- Thus, all such factors are expected to increase the demand for CVD from these above-mentioned sectors in the region during the forecast period.

Table of Contents
Global Chemical vapor deposition (CVD) Market Research Report
Chapter 1 Chemical vapor deposition (CVD) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Chemical vapor deposition (CVD) Market Forecast

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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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