Dec 3, 2019   SOURCE: PR NewsWire

Physical Vapor Deposition On Plastics Market Size Worth $10.33 Billion by 2025: Grand View Research, Inc.

SAN FRANCISCO, Dec. 3, 2019 /PRNewswire/ -- The global physical vapor deposition on plastics market is anticipated to reach USD 10.33 billion by 2025, according to a new report by Grand View Research, Inc. Developments in medical equipment and solar product application are projected to impact demand positively. Physical vapor deposition (PVD) on plastic improves the properties such as surface finish, and chemical & wear resistance in various end-use plastic products, thus improving their performance and reducing the overall maintenance cost.

https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

Key suggestions from the report:

    --  The physical vapor deposition on plastics market was valued at USD 6.79
        billion in 2018 and is expected to grow at a CAGR of 6.2% from 2019 to
        2025
    --  Medical equipment occupied the largest revenue share on account of its
        higher price and increasing demand due to increasing chronic diseases
        and rising old age.
    --  Solar products emerged as the fastest growing application segment
        globally as it is a step towards reducing carbon footprint of the
        countries form power generation sector
    --  Rising demand for environment-friendly and energy saving power
        generation equipment & solutions is expected to drive this market
    --  The medical equipment accounted for 26.61% of the global market in 2018
        and is projected to grow at the second highest CAGR over forecast period
    --  Increasing investment from government & private institutions in the
        solar power generation sector is projected to contribute to the demand
        for these physical vapor deposition on plastic products
    --  Key players include Applied Materials, Inc., Advanced Energy Industries
        Inc., IHI HAUZER B.V., Oerlikon Balzers, and Intevac, Inc.

Read 97 page research report with ToC on "Physical Vapor Deposition On Plastics Market Size, Share and Trend Analysis Report, by Application (Microelectronics, Data Storage, Solar Product, Medical), And Segment Forecasts, 2019 - 2025'' at: https://www.grandviewresearch.com/industry-analysis/physical-vapor-deposition-plastics-market

Favorable government regulations and initiatives to strengthen the manufacturing industry, such as the provisions for subsidy, increasing foreign investments and trade promotion are projected to augment PVD on plastic product demand over the forecast period. Some of the initiatives are Belt and Road initiative in China, Make in India initiative by the Indian government, and Buy American Hire American initiative in the U.S, etc.

Physical vapor deposition on plastics market is expected to be driven by the rapidly growing automotive and solar products industries, especially in the developing countries, and the rising application of PVD on plastics in various industries. Physical vapor deposition (PVD) on plastics is characterized by widespread applications including enhanced surface finish and impact absorption on account of the improved chemical & mechanical properties, light weight, and non-toxicity of the coatings.

Grand View Research has segmented the global physical vapor deposition on plastics market based on application and region:

    --  Physical Vapor Deposition On Plastics Application Outlook (Revenue, USD
        Million, 2014 - 2025)
        --  Microelectronics
        --  Data Storage
        --  Solar Products
        --  Medical Equipment
        --  Others
    --  Physical Vapor Deposition On Plastics Regional Outlook (Revenue, USD
        Million, 2014 - 2025)
        --  North America
            --  U.S.
            --  Canada
            --  Mexico
        --  Europe
            --  Germany
            --  U.K.
            --  France
            --  Italy
        --  Asia Pacific
            --  Japan
            --  China
            --  India
            --  South Korea
        --  Central and South America
            --  Brazil
            --  Argentina
        --  Middle East & Africa
            --  Saudi Arabia
            --  South Africa

Find more research reports on Paints, Coatings & Printing Inks Industry, by Grand View Research:

    --  Inorganic Pigments Market - Inorganic pigments market is expected to
        witness significant growth owing to increasing use in the construction
        and paint industries.
    --  Water Based Enamel Market - Global water based enamel market is expected
        to witness substantial growth over the forecast period owing to rising
        demand from various end-user industries including construction,
        furniture and automobile industries.
    --  Specialty Surfactants Market - The global specialty surfactants market
        is expected to grow considerably owing to its vast applications in
        sectors such as home care, food processing.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter

View original content:http://www.prnewswire.com/news-releases/physical-vapor-deposition-on-plastics-market-size-worth-10-33-billion-by-2025-grand-view-research-inc-300967893.html

SOURCE Grand View Research, Inc.