QYResearch: The Vacuum Evaporation Boat revenue is expected to reach 33.48 M USD in 2022

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According to QYResearch, The Vacuum Evaporation Boat revenue was 26.11 M USD in 2016 and is expected to reach 33.48 M USD in 2022, growing at a CAGR of 4.23% from 2016 to 2022. North China’s production accounted for the highest market share (38.26 %) in 2016, followed by East China (25.70%).

The China leading players in this market are H.C.Starck, 3M, Shandong Pengcheng Special Ceramics, QINGZHOU ORIENT SPECIAL CERAMICS, Zibo HBN, QingZhou MaTeKeChang Materials, Plansee, EVOCHEM Advanced Materials, Neyco and etc.

Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of healthy products at home and abroad, many companies began to enter the field. qyresearchglobal.com

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.

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