Market Overview

$56.2 Billion Worldwide Thin and Ultra-thin Films Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

Share:

The "Thin and Ultra-thin Films - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 176-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Thin and Ultra-thin Films Market to Reach $145.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Thin and Ultra-thin Films estimated at US$56.2 Billion in the year 2020, is projected to reach a revised size of US$145.4 Billion by 2027, growing at a CAGR of 14.5% over the analysis period 2020-2027.

Thin Film Electronics, one of the segments analyzed in the report, is projected to record a 14.2% CAGR and reach US$105.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Thin Film Batteries segment is readjusted to a revised 16.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $16.6 Billion, While China is Forecast to Grow at 14% CAGR

The Thin and Ultra-thin Films market in the U.S. is estimated at US$16.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$25.3 Billion by the year 2027 trailing a CAGR of 14% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.9% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.

Thin Film PV Segment to Record 12.5% CAGR

In the global Thin Film PV segment, USA, Canada, Japan, China and Europe will drive the 12.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.2 Billion in the year 2020 will reach a projected size of US$9.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.4 Billion by the year 2027.

Competitors identified in this market include, among others:

  • American Elements
  • Ascent Solar Technologies, Inc.
  • China National Building Material Co., Ltd.
  • Kaneka Corporation
  • Moser Baer India Pvt. Ltd.
  • Umicore NV/SA

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Thin and Ultra-thin Films Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 44

For more information about this report visit https://www.researchandmarkets.com/r/xa2wz7

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com