Market Overview:
The global iridium (Ir) evaporation materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductor deposition, chemical vapor deposition, physical vapor deposition, and optical device applications. In addition, the growing demand for iridium (Ir) evaporation materials in the Asia Pacific region is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing iridium (Ir) evaporation materials may restrain the growth of this market during the forecast period.
 Evaporation Materials Industry Outlook.svg)
Product Definition:
Iridium (Ir) Evaporation Materials are used to deposit thin films of iridium. These materials are important because they provide a stable and durable surface for electronic devices.
Granular Type:
Granular type is a colloidal system, which consists of particles having a particle size less than or equal to 5 microns. The particles are suspended in an organic solvent and are then sprayed on the target material to be evaporated. Granular type is usually used for evaporation of high melting point alloys such as iridium (Ir) and platinum (Pt).
Wire Type:
The type of wire used in the process of iridium (Ir) vaporization depends upon the capacity and temperature of the system. The higher is temperature, generally, the smaller is wire size required. For instance; 1mm wires are commonly used for heating above 300°C whereas 1mms wires are preferred for below 200°C applications.
Application Insights:
The application segment includes semiconductor deposition, chemical vapor deposition, physical vapor deposition, optical device fabrication and others. The other applications include coating material manufacturing and metalorganic chemical vapor Deposition (MOCVD). Semiconductor fabrication is expected to be the fastest-growing application over the forecast period owing to its increasing use in smartphones and data storage devices.
Physical Vapor Deposition (PVD) is also expected to grow at a significant rate owing to its low cost as compared with other evaporation techniques such as Chemical Vapor Deposition (CVD). Besides this growth factor, PVD has another advantage that it can be used for various types of substrates such as metals, polymers and ceramics. However; due to high capital costs involved in PVD equipment; the market for iridium evaporation materials for this application is dominated by North America followed by Europe.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth is attributed to the presence of major industry participants, technological advancements and high demand for advanced electronic devices. Asia Pacific region is expected to witness lucrative growth over the forecast period owing to increasing product demand from various application sectors such as semiconductor, chemical vapor deposition (CVD), physical vapor deposition (PVD) and others.
The growing electronics industry coupled with rising investments by governments in developing countries such as China and India are some of the prime factors driving regional market growth. Moreover Iridium evaporation materials are used for manufacturing complex electronic devices such as solar cells, photovoltaic systems, LEDs’s etc.
Growth Factors:
- Increasing demand from electronics and semiconductor industry for Iridium evaporation materials
- Growing popularity of iridium-based alloys in various end-use industries
- Rising demand for iridium crucibles and boats from solar energy sector
- Increasing adoption of iridium wire in various electrical applications
- Proliferation of new applications for iridium evaporation materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Iridium (Ir) Evaporation Materials Market Research Report
By Type
Granular Type, Wire Type, Block Type, Pellet Type
By Application
Semiconductor Deposition, Chemical Vapor Deposition, Physical Vapor Deposition, Optical Device, Others
By Companies
Stanford Advanced Materials, Kurt J. Lesker, ALB Materials Inc, Heeger Materials, Advanced Engineering Materials, Testbourne Ltd
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Iridium (Ir) Evaporation Materials Market Report Segments:
The global Iridium (Ir) Evaporation Materials market is segmented on the basis of:
Types
Granular Type, Wire Type, Block Type, Pellet Type
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
Semiconductor Deposition, Chemical Vapor Deposition, Physical Vapor Deposition, Optical Device, Others
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:
- Stanford Advanced Materials
- Kurt J. Lesker
- ALB Materials Inc
- Heeger Materials
- Advanced Engineering Materials
- Testbourne Ltd
 Evaporation Materials Market Overview.svg)
Highlights of The Iridium (Ir) Evaporation Materials 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:
- Granular Type
- Wire Type
- Block Type
- Pellet Type
- By Application:
- Semiconductor Deposition
- Chemical Vapor Deposition
- Physical Vapor Deposition
- Optical Device
- Others
- 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 Iridium (Ir) Evaporation Materials 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
 Evaporation Materials 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?
Iridium is a rare earth element that is used in various evaporation materials. Iridium evaporates more slowly than other elements, so it can be used to create products that are less volatile.
Some of the major players in the iridium (ir) evaporation materials market are Stanford Advanced Materials, Kurt J. Lesker, ALB Materials Inc, Heeger Materials, Advanced Engineering Materials, Testbourne Ltd.
The iridium (ir) evaporation materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size & Forecast, 2018-2028
4.5.1 Iridium (Ir) Evaporation Materials Market Size and Y-o-Y Growth
4.5.2 Iridium (Ir) Evaporation Materials Market Absolute $ Opportunity
Chapter 5 Global Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Type
5.2.1 Granular Type
5.2.2 Wire Type
5.2.3 Block Type
5.2.4 Pellet Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
6.2.1 Semiconductor Deposition
6.2.2 Chemical Vapor Deposition
6.2.3 Physical Vapor Deposition
6.2.4 Optical Device
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Analysis and Forecast
9.1 Introduction
9.2 North America Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Type
9.6.1 Granular Type
9.6.2 Wire Type
9.6.3 Block Type
9.6.4 Pellet Type
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 Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
9.10.1 Semiconductor Deposition
9.10.2 Chemical Vapor Deposition
9.10.3 Physical Vapor Deposition
9.10.4 Optical Device
9.10.5 Others
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 Iridium (Ir) Evaporation Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Type
10.6.1 Granular Type
10.6.2 Wire Type
10.6.3 Block Type
10.6.4 Pellet Type
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 Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
10.10.1 Semiconductor Deposition
10.10.2 Chemical Vapor Deposition
10.10.3 Physical Vapor Deposition
10.10.4 Optical Device
10.10.5 Others
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 Iridium (Ir) Evaporation Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Type
11.6.1 Granular Type
11.6.2 Wire Type
11.6.3 Block Type
11.6.4 Pellet Type
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 Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
11.10.1 Semiconductor Deposition
11.10.2 Chemical Vapor Deposition
11.10.3 Physical Vapor Deposition
11.10.4 Optical Device
11.10.5 Others
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 Iridium (Ir) Evaporation Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Iridium (Ir) Evaporation Materials 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 Iridium (Ir) Evaporation Materials Market Size Forecast by Type
12.6.1 Granular Type
12.6.2 Wire Type
12.6.3 Block Type
12.6.4 Pellet Type
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 Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
12.10.1 Semiconductor Deposition
12.10.2 Chemical Vapor Deposition
12.10.3 Physical Vapor Deposition
12.10.4 Optical Device
12.10.5 Others
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) Iridium (Ir) Evaporation Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Iridium (Ir) Evaporation Materials 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) Iridium (Ir) Evaporation Materials Market Size Forecast by Type
13.6.1 Granular Type
13.6.2 Wire Type
13.6.3 Block Type
13.6.4 Pellet Type
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) Iridium (Ir) Evaporation Materials Market Size Forecast by Applications
13.10.1 Semiconductor Deposition
13.10.2 Chemical Vapor Deposition
13.10.3 Physical Vapor Deposition
13.10.4 Optical Device
13.10.5 Others
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 Iridium (Ir) Evaporation Materials Market: Competitive Dashboard
14.2 Global Iridium (Ir) Evaporation Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanford Advanced Materials
14.3.2 Kurt J. Lesker
14.3.3 ALB Materials Inc
14.3.4 Heeger Materials
14.3.5 Advanced Engineering Materials
14.3.6 Testbourne Ltd
