Vapor Deposition Market Eyeing Favorable Growth due to Growing Nano Technology Sectors
Market Analysis The vapor deposition market is projected to touch USD 63,686.70 million at a 7.03% CAGR between 2017-2023, reveals the new Market Research Future (MRFR) report. Vapor deposition, simply put, is a process where materials in the vapor state get condensed through conversion, chemical reaction, or condensation for creating a solid material. Such processes are utilized for forming coatings for altering the wear properties, corrosion resistance, optical, thermal, electrical, and mechanical properties of a substrate. These are used for making free-standing bodies, fibers, and films, and infiltrating fabric for forming composite materials. The vapor deposition process generally takes place in a vacuum chamber. It finds wide applications in decorative coatings, medical devices and equipment, cutting tool, and microelectronics. Numerous factors are adding to theglobal vapor deposition market share . Such factors, as revealed by the recent MRFR report, include rising c...