Market Overview:
The global thin and ultrathin films market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thin film electronics, thin film batteries, and thin film PV across the globe. Thin and ultrathin films are used in various applications such as semiconductors, solar cells, displays, memory devices, sensors etc. These films are also used in medical devices and healthcare sector owing to their properties such as biocompatibility and low thickness. The global Thin Film Electronics (TFE) market was valued at USD 7.06 billion in 2017 and is projected to reach USD 21.01 billion by 2030, at a CAGR of 11% from 2018 to 2030 .Thin Film Batteries (TFB) Market was valued at USD 1.02 Billion in 2017and is projectedto reachUSD 6 .92 Billion by2030 ,at aCAGRof 16 %from2018to20 28 .
Product Definition:
Thin films and ultrathin films are both terms used to describe a film that is very thin in comparison to its overall size. Thin films are typically less than 100 nanometers thick, while ultrathin films are typically less than 10 nanometers thick. Both terms can be used interchangeably, but ultrathin films are often considered to be thinner and more fragile.
The importance of thin and ultrathin films lies in their ability to control the properties of a material at a very small scale. By altering the thickness of the film, it is possible to change the way that light interacts with the material, which can be used to create new optical devices or improve existing ones. Additionally, thin and ultrathin films can be used as coatings for other materials in order to protect them from damage or corrosion.
Physical Vapor Deposition:
Physical vapor deposition (PVD) is a chemical process used to produce thin films by using evaporation of volatile organic compounds (VOCs). Thin and ultrathin films are major applications of physical vapor deposition. Physical Vapor Deposition technology has wide range of application in the semiconductor industry, electronics industry, automotive industry and other industries.
Chemical Vapor Deposition:
Chemical Vapor Deposition (CVD) is a chemical process used to make thin films. Thin film is made from materials that do not allow for large scale manufacturing processes such as bulk material deposition methods. CVD has been the most effective and popular way to make ultra-thin films, which are less than 100 nm in thickness. The popularity of this technology can be attributed to its suitability for making high volume products on an industrial scale with standard equipment and minimum training requirement.
Application Insights:
Thin film electronics was the largest application segment in 2017 and is projected to maintain its dominance over the forecast period. This is attributed to growing demand for electronic devices, especially smartphones, across developing countries such as India, China and Brazil. In addition, physical vapor deposition (sputtering) technology is being used for manufacturing thin-film coatings that are applied on various substrates including glass and plastic. These coatings enhance the performance of flexible electronic devices by protecting them from scratches or other damage caused by daily use.
The thin film batteries application segment accounted for a share of 15% in 2017 owing to increasing demand for energy storage solutions across various regions including North America and Europe. The usage of EV batteries has increased significantly due to their ability to provide high power output at low temperatures without suffering from any loss in capacity or efficiency over a longer period of time compared with conventional lead acid battery technologies used in electric vehicles today.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to rapid industrialization and increasing foreign investments in the region. For instance, in September 2017, Panasonic Corporation invested USD X billion for establishing a new solar panel manufacturing plant in India as well as expanding its existing solar panel manufacturing plant by 300 MW capacity within Andhra Pradesh state.
North America was valued at more than USD X billion owing to high demand for thin films across various applications such as electronics, batteries, photovoltaic etc Thin film batteries are anticipated gain significant traction due to technological advancements such as Li-ion battery that enables them operate at low temperature.
Growth Factors:
- Increasing demand for miniaturization in electronic devices: The growth of the thin and ultrathin films market is primarily driven by the increasing demand for miniaturization in electronic devices. Thin and ultrathin films are used to manufacture microelectromechanical systems (MEMS) and nanoelectromechanical systems (NEMS), which are used in a wide range of applications, such as consumer electronics, automotive, aerospace & defense, medical diagnostics & therapeutics, and energy.
- Rising demand for transparent electrodes: Thin and ultrathin films are also used to manufacture transparent electrodes. These electrodes are increasingly being used in displays, solar cells, touch screens, sensors, smart windows/glasses/clothing/cars etc., as they offer several advantages over traditional opaque electrode materials such as metal foils or ITO (indium tin oxide).
- Growing popularity of flexible displays: Flexible displays have gained immense popularity in recent years due to their ability to be bent or curved without affecting the display quality. This has led to an increase in the use of thin and ultrathin films for manufacturing flexible displays. In addition, these displays consume less power than traditional LCDs or OLEDs and can be rolled up when not in use. This makes them ideal for portable devices such as smartphones and tablets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thin and Ultrathin Films Market Research Report
By Type
Physical Vapor Deposition, Chemical Vapor Deposition, Printing
By Application
Thin Film Electronics, Thin Film Batteries, Thin Film PV
By Companies
Umicore Group, Ascent Solar Technologies Ltd, American Elememts, Kaneka Corporation, Moser Baer India Pvt. Ltd., Hanergy Thin Film Power Group Limited, Corning Incorporated, DowDuPont, China National Building Material Company 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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Thin and Ultrathin Films Market Report Segments:
The global Thin and Ultrathin Films market is segmented on the basis of:
Types
Physical Vapor Deposition, Chemical Vapor Deposition, Printing
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
Thin Film Electronics, Thin Film Batteries, Thin Film PV
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:
- Umicore Group
- Ascent Solar Technologies Ltd
- American Elememts
- Kaneka Corporation
- Moser Baer India Pvt. Ltd.
- Hanergy Thin Film Power Group Limited
- Corning Incorporated
- DowDuPont
- China National Building Material Company Ltd
Highlights of The Thin and Ultrathin Films 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:
- Physical Vapor Deposition
- Chemical Vapor Deposition
- Printing
- By Application:
- Thin Film Electronics
- Thin Film Batteries
- Thin Film PV
- 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 Thin and Ultrathin Films 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
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?
Thin films are films that have a thickness of less than one thousandth of an inch. Ultrathin films are films that have a thickness of less than one millionth of an inch.
Some of the major players in the thin and ultrathin films market are Umicore Group, Ascent Solar Technologies Ltd, American Elememts, Kaneka Corporation, Moser Baer India Pvt. Ltd., Hanergy Thin Film Power Group Limited, Corning Incorporated, DowDuPont, China National Building Material Company Ltd.
The thin and ultrathin films market is expected to register a CAGR of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thin and Ultrathin Films Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thin and Ultrathin Films Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thin and Ultrathin Films Market - Supply Chain
4.5. Global Thin and Ultrathin Films Market Forecast
4.5.1. Thin and Ultrathin Films Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thin and Ultrathin Films Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thin and Ultrathin Films Market Absolute $ Opportunity
5. Global Thin and Ultrathin Films Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thin and Ultrathin Films Market Size and Volume Forecast by Type
5.3.1. Physical Vapor Deposition
5.3.2. Chemical Vapor Deposition
5.3.3. Printing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thin and Ultrathin Films Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thin and Ultrathin Films Market Size and Volume Forecast by Application
6.3.1. Thin Film Electronics
6.3.2. Thin Film Batteries
6.3.3. Thin Film PV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thin and Ultrathin Films Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thin and Ultrathin Films Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thin and Ultrathin Films Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thin and Ultrathin Films Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thin and Ultrathin Films Demand Share Forecast, 2019-2026
9. North America Thin and Ultrathin Films Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thin and Ultrathin Films Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thin and Ultrathin Films Market Size and Volume Forecast by Application
9.4.1. Thin Film Electronics
9.4.2. Thin Film Batteries
9.4.3. Thin Film PV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thin and Ultrathin Films Market Size and Volume Forecast by Type
9.7.1. Physical Vapor Deposition
9.7.2. Chemical Vapor Deposition
9.7.3. Printing
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thin and Ultrathin Films Demand Share Forecast, 2019-2026
10. Latin America Thin and Ultrathin Films Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thin and Ultrathin Films Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thin and Ultrathin Films Market Size and Volume Forecast by Application
10.4.1. Thin Film Electronics
10.4.2. Thin Film Batteries
10.4.3. Thin Film PV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thin and Ultrathin Films Market Size and Volume Forecast by Type
10.7.1. Physical Vapor Deposition
10.7.2. Chemical Vapor Deposition
10.7.3. Printing
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thin and Ultrathin Films Demand Share Forecast, 2019-2026
11. Europe Thin and Ultrathin Films Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thin and Ultrathin Films Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thin and Ultrathin Films Market Size and Volume Forecast by Application
11.4.1. Thin Film Electronics
11.4.2. Thin Film Batteries
11.4.3. Thin Film PV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thin and Ultrathin Films Market Size and Volume Forecast by Type
11.7.1. Physical Vapor Deposition
11.7.2. Chemical Vapor Deposition
11.7.3. Printing
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y--Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thin and Ultrathin Films Demand Share, 2019-2026
12. Asia Pacific Thin and Ultrathin Films Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thin and Ultrathin Films Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thin and Ultrathin Films Market Size and Volume Forecast by Application
12.4.1. Thin Film Electronics
12.4.2. Thin Film Batteries
12.4.3. Thin Film PV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thin and Ultrathin Films Market Size and Volume Forecast by Type
12.7.1. Physical Vapor Deposition
12.7.2. Chemical Vapor Deposition
12.7.3. Printing
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thin and Ultrathin Films Demand Share, 2019-2026
13. Middle East & Africa Thin and Ultrathin Films Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thin and Ultrathin Films Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thin and Ultrathin Films Market Size and Volume Forecast by Application
13.4.1. Thin Film Electronics
13.4.2. Thin Film Batteries
13.4.3. Thin Film PV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thin and Ultrathin Films Market Size and Volume Forecast by Type
13.7.1. Physical Vapor Deposition
13.7.2. Chemical Vapor Deposition
13.7.3. Printing
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thin and Ultrathin Films Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thin and Ultrathin Films Market: Market Share Analysis
14.2. Thin and Ultrathin Films Distributors and Customers
14.3. Thin and Ultrathin Films Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Umicore Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ascent Solar Technologies Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Elememts
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kaneka Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Moser Baer India Pvt. Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hanergy Thin Film Power Group Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Corning Incorporated
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DowDuPont
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China National Building Material Company Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook