Physical Vapor Deposition On Plastics Market

By Technology;

Thermal Evaporation and Sputtering

By Material Type;

Polyethylene (PE) and Polypropylene (PP)

By Coating Type;

Functional Coatings and Decorative Coatings

By Application;

Microelectronics, Data Storage, Solar Products, Medical Equipment, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn153100395 Published Date: August, 2025 Updated Date: September, 2025

Physical Vapor Deposition On Plastics Market Overview

Physical Vapor Deposition On Plastics Market (USD Million)

Physical Vapor Deposition On Plastics Market was valued at USD 9,734.13 million In the year 2024. The size of this market is expected to increase to USD 14,830.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Physical Vapor Deposition On Plastics Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 9,734.13 Million
Market Size (2031)USD 14,830.94 Million
Market ConcentrationMedium
Report Pages364
9,734.13
2024
14,830.94
2031

Major Players

  • CHA Industries, Inc
  • Intevac, Inc
  • Oerlikon Balzers
  • IHI HAUZER B.V
  • Impact Coatings AB

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Physical Vapor Deposition On Plastics Market

Fragmented - Highly competitive market without dominant players


The Physical Vapor Deposition (PVD) on Plastics Market is experiencing robust growth as industries shift toward sustainable, high-performance coating technologies. Offering enhanced durability, surface hardness, and environmental safety, PVD has emerged as a superior alternative to conventional plating. The industry has been expanding steadily, recording growth rates above 15%, supported by increasing adoption across consumer-focused sectors.

Key Growth Factors
The push for lightweight, durable, and eco-friendly materials is driving market expansion. More than 40% of the demand is influenced by industries pursuing sustainable coating solutions that comply with strict environmental standards. This transition reflects a clear market preference for coatings that combine aesthetic appeal with regulatory compliance.

Innovation in Technology
Advances in vacuum deposition systems and plasma-assisted processes have enabled PVD coatings to adhere more effectively to plastic substrates. These improvements allow for diverse surface finishes and increased product reliability. Notably, over 30% of manufacturers are channeling investments into advanced PVD systems to stay competitive in terms of quality and innovation.

Market Outlook
Looking ahead, adoption is expected to accelerate, with more than 50% of businesses prioritizing PVD over traditional coating methods. As eco-friendly practices gain prominence, PVD is positioned as a critical technology for the future of plastic coatings, combining sustainability with innovation to meet rising industry demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By Coating Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Physical Vapor Deposition On Plastics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight materials demand

        2. Advanced coating technologies

        3. Consumer electronics growth

      2. Restraints
        1. High equipment costs

        2. Technical complexity

        3. Environmental regulations

      3. Opportunities
        1. Eco-friendly coatings

        2. Emerging market expansion

        3. Technological advancements

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Physical Vapor Deposition On Plastics Market, By Technology, 2021 - 2031 (USD Million)

      1. Thermal Evaporation

      2. Sputtering

    2. Physical Vapor Deposition On Plastics Market, By Material Type, 2021 - 2031 (USD Million)

      1. Polyethylene (PE)

      2. Polypropylene (PP)

    3. Physical Vapor Deposition On Plastics Market, By Coating Type, 2021 - 2031 (USD Million)

      1. Functional Coatings

      2. Decorative Coatings

    4. Physical Vapor Deposition On Plastics Market, By Application, 2021 - 2031 (USD Million)
      1. Microelectronics

      2. Data Storage

      3. Solar Products

      4. Medical Equipment

      5. Others

    5. Physical Vapor Deposition On Plastics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. CHA Industries, Inc
      2. Intevac, Inc
      3. Oerlikon Balzers
      4. IHI HAUZER B.V
      5. Impact Coatings AB
  7. Analyst Views
  8. Future Outlook of the Market