Market Overview:
The global CVD zinc selenide (ZnSe) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optoelectronics and photonics devices, rising demand for infrared optics in military and defense applications, and growing investments in R&D activities. Based on type, the global CVD zinc selenide (ZnSe) market is segmented into 4N and 5N. The 5N segment is expected to grow at a higher rate than the 4N segment during the forecast period. This growth can be attributed to the superior optical properties of 5N-grade ZnSe as compared with 4N-grade ZnSe. Based on application, the global CVD zinc selenide (ZnSe) market is divided into research and industrial segments.
 Industry Outlook.svg)
Product Definition:
CVD Zinc Selenide (ZnSe) is a type of semiconductor that is used in optical applications. It has a high refractive index and low absorption coefficient, making it ideal for use in lasers and other optical devices.
4N:
4N, also known as quadruple nitrogen or N-Nitrosonium, is a chemical compound of nitrogen and four hydrogen atoms. It is a highly crystalline solid that dissolves in water to give an aqua-marine color. 4N can be produced by the reaction of nitric acid with zinc metal in dry air at standard temperature and pressure (STP).
5N:
5N is the current industry standard for high-performance selenium and zinc tin oxide films. It was developed by DuPont in collaboration with 3M, which has been adopted by other manufacturers as well. 5N films have a higher sheet resistance of 0.6-0.8 ?m than conventional ZnSe films, owing to their lower crystalline melting point (300°C).
Application Insights:
The research application segment held the largest share of over 70.0% in 2017. The key factors contributing to its growth include growing concerns about energy efficiency and environmental pollution, increasing government funding for R&D on new energy sources, rising demand for efficient optoelectronic devices and sensors, coupled with high product performance are expected to drive the global market over the forecast period.
The industrial application segment is anticipated to witness a lucrative CAGR of XX% from 2018 to 2030 owing to increasing adoption of photovoltaic cells across various industries such as power generation and construction which require large scale solar panels array installations at an affordable cost coupled with excellent quality control specifications during manufacturing process is projected to propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for ZnSe from key industries including electronics, solar energy, and automotive. In addition, rising government investments in R&D activities are anticipated to fuel industry expansion over the coming years.
The Asia Pacific regional market was closely followed by Europe which accounted for a share of more than 30% of total revenue in 2017 on account of high research & development (R&D) activities undertaken by major end-use industries such as aerospace and defense sector across European countries. Moreover, presence of several key players with extensive product portfolios will continue driving regional growth through 2018 and beyond.
Growth Factors:
- Increasing demand from the optoelectronics industry for infrared detectors and laser materials
- Growing application of ZnSe in optical coatings for solar energy collectors
- Rising demand from the semiconductor industry for use in LED lights and lasers
- Increasing utilization of ZnSe substrates in medical imaging devices
- Proliferation of next-generation displays that require transparent conductive films made from ZnSe
Scope Of The Report
Report Attributes
Report Details
Report Title
CVD Zinc Selenide (ZnSe) Market Research Report
By Type
4N, 5N
By Application
Resarch, Industrial
By Companies
II-VI Incorporated, R'AIN Group, Crystaltechno, Alkor Technologies, Wavelength-tech, Vital Materials, EKSMA Optics, Grinm Guojing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global CVD Zinc Selenide (ZnSe) Market Report Segments:
The global CVD Zinc Selenide (ZnSe) market is segmented on the basis of:
Types
4N, 5N
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resarch, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- II-VI Incorporated
- R'AIN Group
- Crystaltechno
- Alkor Technologies
- Wavelength-tech
- Vital Materials
- EKSMA Optics
- Grinm Guojing
 Market Overview.svg)
Highlights of The CVD Zinc Selenide (ZnSe) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4N
- 5N
- By Application:
- Resarch
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CVD Zinc Selenide (ZnSe) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CVD zinc selenide is a semiconductor material that has the ability to emit light when an electric current is passed through it. This property makes it useful in various applications, such as lighting and displays.
Some of the major companies in the cvd zinc selenide (znse) market are II-VI Incorporated, R'AIN Group, Crystaltechno, Alkor Technologies, Wavelength-tech, Vital Materials, EKSMA Optics, Grinm Guojing.
The cvd zinc selenide (znse) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CVD Zinc Selenide (ZnSe) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CVD Zinc Selenide (ZnSe) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CVD Zinc Selenide (ZnSe) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CVD Zinc Selenide (ZnSe) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CVD Zinc Selenide (ZnSe) Market Size & Forecast, 2018-2028
4.5.1 CVD Zinc Selenide (ZnSe) Market Size and Y-o-Y Growth
4.5.2 CVD Zinc Selenide (ZnSe) Market Absolute $ Opportunity
Chapter 5 Global CVD Zinc Selenide (ZnSe) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
5.2.1 4N
5.2.2 5N
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CVD Zinc Selenide (ZnSe) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
6.2.1 Resarch
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CVD Zinc Selenide (ZnSe) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CVD Zinc Selenide (ZnSe) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CVD Zinc Selenide (ZnSe) Analysis and Forecast
9.1 Introduction
9.2 North America CVD Zinc Selenide (ZnSe) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
9.6.1 4N
9.6.2 5N
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
9.10.1 Resarch
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CVD Zinc Selenide (ZnSe) Analysis and Forecast
10.1 Introduction
10.2 Europe CVD Zinc Selenide (ZnSe) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
10.6.1 4N
10.6.2 5N
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
10.10.1 Resarch
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CVD Zinc Selenide (ZnSe) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CVD Zinc Selenide (ZnSe) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
11.6.1 4N
11.6.2 5N
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
11.10.1 Resarch
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CVD Zinc Selenide (ZnSe) Analysis and Forecast
12.1 Introduction
12.2 Latin America CVD Zinc Selenide (ZnSe) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
12.6.1 4N
12.6.2 5N
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
12.10.1 Resarch
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CVD Zinc Selenide (ZnSe) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CVD Zinc Selenide (ZnSe) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CVD Zinc Selenide (ZnSe) Market Size Forecast by Type
13.6.1 4N
13.6.2 5N
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CVD Zinc Selenide (ZnSe) Market Size Forecast by Applications
13.10.1 Resarch
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CVD Zinc Selenide (ZnSe) Market: Competitive Dashboard
14.2 Global CVD Zinc Selenide (ZnSe) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 II-VI Incorporated
14.3.2 R'AIN Group
14.3.3 Crystaltechno
14.3.4 Alkor Technologies
14.3.5 Wavelength-tech
14.3.6 Vital Materials
14.3.7 EKSMA Optics
14.3.8 Grinm Guojing
