Chemical Vapor Deposition Market Report 2026

The chemical vapor deposition market size has grown rapidly in recent years. It will grow from $42.33 billion in 2025 to $46.93 billion in 2026 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to expansion of semiconductor manufacturing capacity, growth of advanced electronics production, rising use of thin-film coatings, increasing investments in solar energy technologies, availability of advanced precursor materials.

The chemical vapor deposition market size is expected to see rapid growth in the next few years. It will grow to $69.19 billion in 2030 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing demand for miniaturized electronic devices, rising investments in semiconductor fabs, expansion of renewable energy infrastructure, growing adoption of advanced coating technologies, increasing focus on material performance enhancement. Major trends in the forecast period include increasing adoption of plasma enhanced cvd systems, rising demand for thin-film deposition in semiconductors, growing use of atomic layer deposition techniques, expansion of cvd applications in solar cells, enhanced focus on high-purity coating processes.

The increasing demand for medical devices is expected to drive the growth of the chemical vapor deposition (CVD) market. Medical devices include appliances, machinery, software, materials, or other items that can be used alone or in combination for medical purposes as specified by the manufacturer. CVD technology enables the deposition of thin films with precise thickness, uniformity, and composition, enhancing the performance of medical devices. Biocompatible coatings applied via CVD improve the longevity of prosthetics and implants while reducing their rejection rates. For instance, in April 2023, according to the India Brand Equity Foundation, the Indian medical device market is projected to reach $50 billion by 2030, growing at a compound annual rate of 16.4% from its estimated size of INR 900 billion ($11 billion) in 2022. In FY22, medical device exports from India totaled INR 198.03 billion ($2.4 billion). Therefore, the rising demand for medical devices supports the expansion of the chemical vapor deposition market.

Key players in the chemical vapor deposition (CVD) market are placing a strong emphasis on introducing innovative coating materials to enhance their product offerings in industrial and automotive steel machining, thereby consolidating their positions in the market. Machining, a crucial manufacturing process, involves the removal of layers from a workpiece to produce various products, parts, and designs. An example of this strategy is demonstrated by KYOCERA Corporation, a Japan-based ceramics and electronics manufacturing company, which, in May 2023, launched two new CVD coating materials, CA115P and CA125P, designed for turning insert grades utilized in industrial and automotive steel machining. The advanced coating technologies contribute to extended tool life by offering high wear and fracture resistance. With industry-leading uniformity in alumina crystal orientation, the new technology delivers 1.5x better wear resistance, emphasizing its significance in enhancing machining processes.

In February 2023, Veeco Instruments, a US-based manufacturer of processing systems for semiconductor and compound semiconductor manufacturing, acquired Epiluvac AB for $30 million. This acquisition integrates Epiluvac's chemical vapor deposition (CVD) epitaxy systems, specialized in enabling advanced silicon carbide (SiC) applications in the electric vehicle market, into Veeco Instruments' operations. Epiluvac AB, based in Sweden, is recognized for manufacturing deposition systems for epitaxial growth of SiC and GaN using chemical vapor deposition (CVD), as well as crystal growth systems for SiC. This acquisition aligns with the industry's focus on advancing technology and expanding capabilities to meet the evolving demands of key markets.

Major companies operating in the chemical vapor deposition market are CVD Equipment Corporation, Tokyo Electron Limited, Veeco Instruments Inc., ASM International NV, Plasma Therm LLC, Applied Materials Inc., OC Oerlikon Corporation AG, ULVAC Inc., Intevac Inc., Lam Research Corporation, Praxair Surface Technologies, Denton Vacuum LLC, Oxford Instruments, Richter Precision Inc., Nuflare Technology Inc., Aixtron SE, SPTS Technologies Ltd., Hitachi Kokusai Electric Inc., Mustang Vacuum Systems, Picosun Oy, Kurt J. Lesker Company, Angstrom Engineering Inc., SENTECH Instruments GmbH, Mantis Deposition Ltd., Semicore Equipment Inc., VaporTech Inc., CreaTec Fischer & Co. GmbH, Novellus Systems Inc.

Asia-Pacific was the largest region in the chemical vapor deposition market in 2025. North America is expected to be the fastest-growing region in the chemical vapor deposition market report during the forecast period. The regions covered in the chemical vapor deposition market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chemical vapor deposition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The chemical vapor deposition market consists of revenues earned by depositing nanometer or micron-thick-thin films and coating services. The market value includes the value of related goods sold by the service provider or included within the service offering. The chemical vapor deposition market also includes sales of reactor chambers, gas delivery systems and exhaust systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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