Vacuum Coating Equipment Market Overview
The global Vacuum Coating Equipment market is expected to rise at a considerable rate in the forthcoming years. Significant developments in the global semiconductor and electronics will boost the growth of the market. The semiconductor industry is one of the major end-users of vacuum coating equipment and significant growth in this sector will propel the market demand. Global Semiconductor & electronics manufacturers are trying to expand their presence by rapid technological developments, competitive pricing, mergers & acquisitions, and well-connected distribution centers with a focus on the emerging economies. Furthermore, PVD coating is adopted instead of electroplating as it reduces the wear & friction between the engine components. This leads to better engine performance along with energy savings. The positive outlook of the automotive industry owing to the increasing spending tendencies and demographic shifts will provide a tremendous boost to the growth of the global Vacuum Coating Equipment market.
Moreover, medical equipment demand will be driven by rising government spending in the healthcare sector and ongoing research and development activities around the world. To assist the medical sector's growth, medical equipment makers are employing diverse tactics such as product differentiation and development, as well as incorporating cutting-edge manufacturing technology. As vacuum coating is used in the production of much medical equipment, such trends will promote the growth of the Vacuum Coating Equipment market’s expansion.
On the downside, the high initial purchase and operating costs related to vacuum coating equipment are anticipated to negatively influence the growth of the vacuum coating equipment market.
Covid-19 Impact on Vacuum Coating Equipment Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Vacuum Coating Equipment Market Segment Overview
Based on Technology, the Chemical Vapor Deposition (CVD) segment will capture the largest share of the market in the coming years. CVD is an extensively used material processing technology in which thin films are formed on a heated substrate by the chemical reaction of gas-phase precursors. The vital applications include applying solid thin-film coatings to the surfaces, producing powders and high-purity bulk materials, and fabricating composite materials. Further, the materials used in CVD coating systems include silicon compounds, carbon, fluorocarbons or organofluoride, and nitrides such as titanium nitride. Additionally, the Physical Vapor Deposition (PVD) is fastest-growing segment in the market.
Vacuum Coating Equipment Market, By Technology
In terms of region, North America is the most prominent region in the global Vacuum Coating Equipment Market. The increasing popularity of solar-based technologies in the U.S. will drive the vacuum coating equipment market revenue in the coming years. The total installed U.S. solar PV capacity is anticipated to be more than double in the next five years. Decreasing solar technology installation costs and supportive government initiatives will trigger the solar industry growth in the future, enlarging the demand for vacuum coating equipment. Similarly, the market in the Asia Pacific is expected to grow at a significant rate in the forthcoming years. Favorable trends related to industrial manufacturing in the region encouraged by supportive government initiatives, huge investments, and the arrival of technology will boost the manufacturing output in the coming years. The rising use of robotics and industrial automation will propel the growth of the market.
Vacuum Coating Equipment Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Vacuum Coating Equipment Market, Key Players
· BCI Blosch Group
· Buhler AG
· IHI Corporation
· Scientific Vacuum Systems Ltd.
· ULVAC, Inc.
· CVD Equipment Corporation
· Semicore Equipment Inc.
· PVD Products
· Kolzer
· Singulus Technologies AG
· Applied Materials Inc.
The global Vacuum Coating Equipment market is expected to rise at a considerable rate in the forthcoming years. Significant developments in the global semiconductor and electronics will boost the growth of the market. The semiconductor industry is one of the major end-users of vacuum coating equipment and significant growth in this sector will propel the market demand. Global Semiconductor & electronics manufacturers are trying to expand their presence by rapid technological developments, competitive pricing, mergers & acquisitions, and well-connected distribution centers with a focus on the emerging economies. Furthermore, PVD coating is adopted instead of electroplating as it reduces the wear & friction between the engine components. This leads to better engine performance along with energy savings. The positive outlook of the automotive industry owing to the increasing spending tendencies and demographic shifts will provide a tremendous boost to the growth of the global Vacuum Coating Equipment market.
Moreover, medical equipment demand will be driven by rising government spending in the healthcare sector and ongoing research and development activities around the world. To assist the medical sector's growth, medical equipment makers are employing diverse tactics such as product differentiation and development, as well as incorporating cutting-edge manufacturing technology. As vacuum coating is used in the production of much medical equipment, such trends will promote the growth of the Vacuum Coating Equipment market’s expansion.
On the downside, the high initial purchase and operating costs related to vacuum coating equipment are anticipated to negatively influence the growth of the vacuum coating equipment market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Technology, Application, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | BCI Blosch Group, Buhler AG, IHI Corporation, Scientific Vacuum Systems Ltd., ULVAC, Inc., CVD Equipment Corporation, Semicore Equipment Inc., PVD Products, Kolzer, Singulus Technologies AG, Applied Materials Inc. |
Covid-19 Impact on Vacuum Coating Equipment Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Vacuum Coating Equipment Market Segment Overview
Based on Technology, the Chemical Vapor Deposition (CVD) segment will capture the largest share of the market in the coming years. CVD is an extensively used material processing technology in which thin films are formed on a heated substrate by the chemical reaction of gas-phase precursors. The vital applications include applying solid thin-film coatings to the surfaces, producing powders and high-purity bulk materials, and fabricating composite materials. Further, the materials used in CVD coating systems include silicon compounds, carbon, fluorocarbons or organofluoride, and nitrides such as titanium nitride. Additionally, the Physical Vapor Deposition (PVD) is fastest-growing segment in the market.
Vacuum Coating Equipment Market, By Technology
- Physical Vapor Deposition (PVD)
- Evaporation
- Others
- Sputtering
- Magnetron Sputtering
- RF Magnetron Sputtering
- Others
- Reactive Sputtering
- Others
- Magnetron Sputtering
- Chemical Vapor Deposition (CVD)
- PVD Application
- Microelectronics
- Data Storage
- Solar
- Medical Equipment
- Cutting Tools
- Others
- Sputtering Application
- Metallizing for Microelectronic Circuits and Chip Carriers
- Electrical Resistance Films
- Magnetic Films
- Opto Storage Devices
- Corrosion-resistant Films
- Gas Sensors
- Others
- CVD Application
- Integrated Circuits (ICs) & Photovoltaic Devices
- Polymerization
- Metal-organic Frameworks
- Gas Storage, Adsorption, and Storage & Purification
- Catalysis
- Gas Sensing & Low k-dielectrics
- Others
- Others
In terms of region, North America is the most prominent region in the global Vacuum Coating Equipment Market. The increasing popularity of solar-based technologies in the U.S. will drive the vacuum coating equipment market revenue in the coming years. The total installed U.S. solar PV capacity is anticipated to be more than double in the next five years. Decreasing solar technology installation costs and supportive government initiatives will trigger the solar industry growth in the future, enlarging the demand for vacuum coating equipment. Similarly, the market in the Asia Pacific is expected to grow at a significant rate in the forthcoming years. Favorable trends related to industrial manufacturing in the region encouraged by supportive government initiatives, huge investments, and the arrival of technology will boost the manufacturing output in the coming years. The rising use of robotics and industrial automation will propel the growth of the market.
Vacuum Coating Equipment Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Vacuum Coating Equipment Market, Key Players
· BCI Blosch Group
· Buhler AG
· IHI Corporation
· Scientific Vacuum Systems Ltd.
· ULVAC, Inc.
· CVD Equipment Corporation
· Semicore Equipment Inc.
· PVD Products
· Kolzer
· Singulus Technologies AG
· Applied Materials Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Vacuum Coating Equipment market?
Significant developments in the global semiconductor and electronics will boost the growth of the Vacuum Coating Equipment market.
Q2. What are the restraining factors for the Vacuum Coating Equipment market?
The high initial purchase and operating costs related to vacuum coating equipment are anticipated to negatively influence the growth of the vacuum coating equipment market.
Q3. Which segment is projected to hold the largest share in the Vacuum Coating Equipment Market. ?
Chemical Vapor Deposition (CVD) segment is projected to hold the largest share in the Vacuum Coating Equipment Market.
Q4. Which region holds the largest share in the Vacuum Coating Equipment market?
North America held the largest share in the global Vacuum Coating Equipment market.
Q5. Which are the prominent players in the Vacuum Coating Equipment Market?
BCI Blosch Group, Buhler AG, IHI Corporation, Scientific Vacuum Systems Ltd., ULVAC, Inc., CVD Equipment Corporation, Semicore Equipment Inc., PVD Products, Kolzer, Singulus Technologies AG, Applied Materials Inc. are some key players in the Vacuum Coating Equipment Market.
Vacuum Coating Equipment Market Study Global Market Analysis, Insights and Forecast, 2020-20276.4. Market Analysis, Insights and Forecast – By Country 7.4. Market Analysis, Insights and Forecast – By Country 8.4. Market Analysis, Insights and Forecast – By Country 9.4. Market Analysis, Insights and Forecast – By Country
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Vacuum Coating Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Physical Vapor Deposition (PVD)
- 5.2.1.1. Evaporation
- 5.2.1.2. Others
- 5.2.2. Sputtering
- 5.2.2.1. Magnetron Sputtering
- 5.2.2.1.1. RF Magnetron Sputtering
- 5.2.2.1.2. Others
- 5.2.2.2. Reactive Sputtering
- 5.2.2.3. Others
- 5.2.2.1. Magnetron Sputtering
- 5.2.3. Chemical Vapor Deposition (CVD)
- 5.2.1. Physical Vapor Deposition (PVD)
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. PVD Application
- 5.3.1.1. Microelectronics
- 5.3.1.2. Data Storage
- 5.3.1.3. Solar
- 5.3.1.4. Medical Equipment
- 5.3.1.5. Cutting Tools
- 5.3.1.6. Others
- 5.3.2. Sputtering Application
- 5.3.2.1. Metallizing for Microelectronic Circuits and Chip Carriers
- 5.3.2.2. Electrical Resistance Films
- 5.3.2.3. Magnetic Films
- 5.3.2.4. Opto Storage Devices
- 5.3.2.5. Corrosion-resistant Films
- 5.3.2.6. Gas Sensors
- 5.3.2.7. Others
- 5.3.3. CVD Application
- 5.3.3.1. Integrated Circuits (ICs) & Photovoltaic Devices
- 5.3.3.2. Polymerization
- 5.3.3.3. Metal-organic Frameworks
- 5.3.3.3.1. Gas Storage, Adsorption, and Storage & Purification
- 5.3.3.3.2. Catalysis
- 5.3.3.3.3. Gas Sensing & Low k-dielectrics
- 5.3.3.3.4. Others
- 5.3.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
- 5.3.1. PVD Application
6. North America Vacuum Coating Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Physical Vapor Deposition (PVD)
- 6.2.1.1. Evaporation
- 6.2.1.2. Others
- 6.2.2. Sputtering
- 6.2.2.1. Magnetron Sputtering
- 6.2.2.1.1. RF Magnetron Sputtering
- 6.2.2.1.2. Others
- 6.2.2.2. Reactive Sputtering
- 6.2.2.3. Others
- 6.2.2.1. Magnetron Sputtering
- 6.2.3. Chemical Vapor Deposition (CVD)
- 6.2.1. Physical Vapor Deposition (PVD)
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. PVD Application
- 6.3.1.1. Microelectronics
- 6.3.1.2. Data Storage
- 6.3.1.3. Solar
- 6.3.1.4. Medical Equipment
- 6.3.1.5. Cutting Tools
- 6.3.1.6. Others
- 6.3.2. Sputtering Application
- 6.3.2.1. Metallizing for Microelectronic Circuits and Chip Carriers
- 6.3.2.2. Electrical Resistance Films
- 6.3.2.3. Magnetic Films
- 6.3.2.4. Opto Storage Devices
- 6.3.2.5. Corrosion-resistant Films
- 6.3.2.6. Gas Sensors
- 6.3.2.7. Others
- 6.3.3. CVD Application
- 6.3.3.1. Integrated Circuits (ICs) & Photovoltaic Devices
- 6.3.3.2. Polymerization
- 6.3.3.3. Metal-organic Frameworks
- 6.3.3.3.1. Gas Storage, Adsorption, and Storage & Purification
- 6.3.3.3.2. Catalysis
- 6.3.3.3.3. Gas Sensing & Low k-dielectrics
- 6.3.3.3.4. Others
- 6.3.3.4. Others
- 6.3.1. PVD Application
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Vacuum Coating Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Physical Vapor Deposition (PVD)
- 7.2.1.1. Evaporation
- 7.2.1.2. Others
- 7.2.2. Sputtering
- 7.2.2.1. Magnetron Sputtering
- 7.2.2.1.1. RF Magnetron Sputtering
- 7.2.2.1.2. Others
- 7.2.2.2. Reactive Sputtering
- 7.2.2.3. Others
- 7.2.2.1. Magnetron Sputtering
- 7.2.3. Chemical Vapor Deposition (CVD)
- 7.2.1. Physical Vapor Deposition (PVD)
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. PVD Application
- 7.3.1.1. Microelectronics
- 7.3.1.2. Data Storage
- 7.3.1.3. Solar
- 7.3.1.4. Medical Equipment
- 7.3.1.5. Cutting Tools
- 7.3.1.6. Others
- 7.3.2. Sputtering Application
- 7.3.2.1. Metallizing for Microelectronic Circuits and Chip Carriers
- 7.3.2.2. Electrical Resistance Films
- 7.3.2.3. Magnetic Films
- 7.3.2.4. Opto Storage Devices
- 7.3.2.5. Corrosion-resistant Films
- 7.3.2.6. Gas Sensors
- 7.3.2.7. Others
- 7.3.3. CVD Application
- 7.3.3.1. Integrated Circuits (ICs) & Photovoltaic Devices
- 7.3.3.2. Polymerization
- 7.3.3.3. Metal-organic Frameworks
- 7.3.3.3.1. Gas Storage, Adsorption, and Storage & Purification
- 7.3.3.3.2. Catalysis
- 7.3.3.3.3. Gas Sensing & Low k-dielectrics
- 7.3.3.3.4. Others
- 7.3.3.4. Others
- 7.3.1. PVD Application
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Vacuum Coating Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Physical Vapor Deposition (PVD)
- 8.2.1.1. Evaporation
- 8.2.1.2. Others
- 8.2.2. Sputtering
- 8.2.2.1. Magnetron Sputtering
- 8.2.2.1.1. RF Magnetron Sputtering
- 8.2.2.1.2. Others
- 8.2.2.2. Reactive Sputtering
- 8.2.2.3. Others
- 8.2.2.1. Magnetron Sputtering
- 8.2.3. Chemical Vapor Deposition (CVD)
- 8.2.1. Physical Vapor Deposition (PVD)
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. PVD Application
- 8.3.1.1. Microelectronics
- 8.3.1.2. Data Storage
- 8.3.1.3. Solar
- 8.3.1.4. Medical Equipment
- 8.3.1.5. Cutting Tools
- 8.3.1.6. Others
- 8.3.2. Sputtering Application
- 8.3.2.1. Metallizing for Microelectronic Circuits and Chip Carriers
- 8.3.2.2. Electrical Resistance Films
- 8.3.2.3. Magnetic Films
- 8.3.2.4. Opto Storage Devices
- 8.3.2.5. Corrosion-resistant Films
- 8.3.2.6. Gas Sensors
- 8.3.2.7. Others
- 8.3.3. CVD Application
- 8.3.3.1. Integrated Circuits (ICs) & Photovoltaic Devices
- 8.3.3.2. Polymerization
- 8.3.3.3. Metal-organic Frameworks
- 8.3.3.3.1. Gas Storage, Adsorption, and Storage & Purification
- 8.3.3.3.2. Catalysis
- 8.3.3.3.3. Gas Sensing & Low k-dielectrics
- 8.3.3.3.4. Others
- 8.3.3.4. Others
- 8.3.1. PVD Application
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Vacuum Coating Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Physical Vapor Deposition (PVD)
- 9.2.1.1. Evaporation
- 9.2.1.2. Others
- 9.2.2. Sputtering
- 9.2.2.1. Magnetron Sputtering
- 9.2.2.1.1. RF Magnetron Sputtering
- 9.2.2.1.2. Others
- 9.2.2.2. Reactive Sputtering
- 9.2.2.3. Others
- 9.2.2.1. Magnetron Sputtering
- 9.2.3. Chemical Vapor Deposition (CVD)
- 9.2.1. Physical Vapor Deposition (PVD)
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. PVD Application
- 9.3.1.1. Microelectronics
- 9.3.1.2. Data Storage
- 9.3.1.3. Solar
- 9.3.1.4. Medical Equipment
- 9.3.1.5. Cutting Tools
- 9.3.1.6. Others
- 9.3.2. Sputtering Application
- 9.3.2.1. Metallizing for Microelectronic Circuits and Chip Carriers
- 9.3.2.2. Electrical Resistance Films
- 9.3.2.3. Magnetic Films
- 9.3.2.4. Opto Storage Devices
- 9.3.2.5. Corrosion-resistant Films
- 9.3.2.6. Gas Sensors
- 9.3.2.7. Others
- 9.3.3. CVD Application
- 9.3.3.1. Integrated Circuits (ICs) & Photovoltaic Devices
- 9.3.3.2. Polymerization
- 9.3.3.3. Metal-organic Frameworks
- 9.3.3.3.1. Gas Storage, Adsorption, and Storage & Purification
- 9.3.3.3.2. Catalysis
- 9.3.3.3.3. Gas Sensing & Low k-dielectrics
- 9.3.3.3.4. Others
- 9.3.3.4. Others
- 9.3.1. PVD Application
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. BCI Blosch Group
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Buhler AG
- 10.6. IHI Corporation
- 10.7. Scientific Vacuum Systems Ltd.
- 10.8. ULVAC, Inc.
- 10.9. CVD Equipment Corporation
- 10.10. Semicore Equipment Inc.
- 10.11. PVD Products
- 10.12. Kolzer
- 10.13. Singulus Technologies AG
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
