CVD Precursors Market Size, Share, Opportunities, and Trends Report Segmented By Type, Application, End User, and Geography – Forecasts from 2025 to 2030

CVD Precursors Market Size:

The CVD precursors market is expected to expand at a steady growth rate over the forecasted timeframe.

The market for CV Precursors is witnessing steady growth. The rising demand for advanced electronics and semiconductors is are driver of this market. CVD precursors are important to deposit thin films of metals, oxides, and nitrides onto substrates. These have applications in processes such as semiconductor fabrication, display manufacturing, and solar cell production. The development of advanced nodes has created demand for ultra-high-purity and low-contamination precursors. These have applications in sectors such as consumer electronics, automotive electronics, and renewable energy.

Countries like South Korea and Taiwan are significantly contributing to precursor demand. This market has many challenges, like high production complexity, handling safety concerns, and supply chain disruptions. The demand for advanced CVD precursor materials is expected to rise steadily in the coming years. The R&D efforts and localisation initiatives are driving innovation and leading to the development of this market.

CVD Precursors Market Overview & Scope:

The CVD precursors market is segmented by:

• Type: Silicon precursors hold a significant share of the CVD precursors market due to their critical role in the deposition of high-purity silicon-based thin films used in semiconductors, solar cells, and microelectronics.
• Application: Semiconductors are expected to have a considerable share of the CVD precursors market. This is because CVD precursors have applications in thin-film deposition processes. They are also essential for manufacturing advanced semiconductor devices. They can be used to produce logic chips, memory (DRAM and NAND), and power electronics.CVD precursors are used in the deposition of silicon dioxide and silicon nitride. Semiconductors will continue to be a dominant segment in the CVD precursors market.
• End User: Consumer electronics hold a significant share of the CVD precursors market. They have applications in semiconductors, displays, and microelectronic components. Devices such as smartphones and smart TVs require advanced integrated circuits and electronic devices; manufacturers are adopting high-purity CVD precursors. The rise of technologies such as 5G, IoT, and wearable electronics further fuels this demand
• Region: The Asia-Pacific CVD precursors market is witnessing strong growth. It is driven by rapid technological advancement and increasing demand for high-performance electronics. Countries like China and Taiwan are a dominant market for semiconductor manufacturing. The chipmakers rely heavily on high-purity CVD precursors for precise thin-film deposition. The growing use of CVD processes in applications such as logic and memory chips is boosting the market demand.

Top Trends Shaping the CVD Precursors Market:

1. Shift Toward Ultra-High Purity and Custom Precursors: A trend in the CVD precursors market is a shift toward ultra-high purity and custom precursors. Manufacturers are developing customised precursors tailored to specific materials and deposition processes. This trend supports improved performance, reduced defects, and higher chip yields.

2. Growth in Atomic Layer Deposition (ALD) Compatibility- Another significant trend is the growth in atomic layer deposition (ALD) compatibility. Many CVD precursor suppliers are expanding their product portfolios to include ALD-compatible materials. These precursors must support precise, layer-by-layer deposition with excellent conformality

3. Localisation and Supply Chain Diversification: There has been an increase in localisation and supply chain diversification. Geopolitical tensions and supply chain disruptions are prompting semiconductor companies to localise precursor production and reduce reliance on imports. Countries like China, South Korea, and the U.S. are investing in domestic CVD precursor capabilities.

CVD Precursors Market Growth Drivers vs. Challenges:

Drivers:

• Rising Demand for Advanced Semiconductors: One of the key drivers of the CVD precursors market is increase in demand for rise in demand for advanced semiconductors. These advanced chips require ultra-thin, uniform films, which are achieved using precise CVD processes. According to the Semiconductor Industry Association, the global semiconductor sales showed a monthly increase of 2.5% compared to March 2025, and in April 2025 57 billion. It was also an increase of 22.7% from April 2024, when the sales were $46.4 billion.
• Expansion of Display and Solar Panel Manufacturing: Another key driver of the expansion of display and solar panel manufacturing. CVD precursors are also widely used in the production of flat panel displays (OLEDs, LCDs) and thin-film solar cells. According to Solar Power, China is considered the leading market for solar power. There was an increase in sales of 167% in the solar power market in a single year. The country alone is responsible for 57% of the global solar power in 2023. There were 50% massive price collapses of different modules in 2023, which led to this increase in sales.

Challenges:

• Complexity and Sensitivity of Precursor Materials: One major challenge of the CVD precursors market is the complexity and sensitivity of precursor materials. CVD precursors often involve highly reactive, toxic, or unstable chemicals. These require stringent handling, storage, and transportation conditions. Consistent purity and stability are critical for maintaining film quality in semiconductor and electronics applications. Any variation in the precursor’s chemical composition can lead to defects in thin-film deposition. This will impact the performance and yield of high-end chips. Developing new precursors for advanced nodes (e.g., 5nm, 3nm) is technically challenging and requires significant R&D investment. This makes it difficult for small suppliers who are competing with established players.

CVD Precursors Market Regional Analysis:

• South Korea: South Korea is a dominant force in CVD precursor demand. The nation is rapidly increasing its production capacity to support advanced logic and memory chip fabrication.
• Taiwan: Taiwan hosts world-leading foundries such as TSMC. Its dominance in advanced semiconductor nodes drives massive consumption of metal-organic precursors for CVD and ALD processes. It also plays a pivotal role in global semiconductor manufacturing.
• China:  China is leading the Asia-Pacific region. Rapid expansion of the semiconductor industry is fuelling strong growth in precursor consumption.
• Japan: Japan has many semiconductor firms such as Toshiba, Renesas, and Sony. The country’s semiconductor innovation supports sustained precursor demand. Japan is another key market for CVD precursors.

CVD Precursors Market Competitive Landscape:

The market has many notable players, including Merck KGaA, Air Liquide, DuPont, Entegris, SK Materials (SK Inc.), Mitsubishi Chemical Group, ADEKA Corporation, Ascensus Specialities, Air Products & Chemicals, Inc., Gelest Inc., JSR Corporation,  among others.

• Product launch: In August 2024, Yamana Hutech was acquired by JSR. Yamana Hutech offers CVD precursors for SiO and SiN deposition.

CVD Precursors Market Segmentation:

By Type

• Silicon Precursors
• Metal Precursors
• K Precursors
• Others

By Application

• Semiconductors
• Optical devices
• MEMS
• Others

By End-User

• Consumer Electronics
• Telecommunications
• Automotive
• Healthcare
• Aerospace and Defence
• Others

By Region

• Americas
  • USA
  • Others
• Europe, the Middle East, and Africa
  • Germany
  • Denmark
  • United Kingdom
  • Sweden
  • Others
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Others

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. CVD PRECURSORS MARKET BY TYPE

5.1. Silicon Precursors

5.2. Metal Precursors

5.3. K Precursors

5.4. Others

6. CVD PRECURSORS MARKET BY APPLICATION

6.1. Introduction

6.2. Semiconductors

6.3. Optical devices

6.4. MEMS

6.5. Others

7. CVD PRECURSORS MARKET BY END USER

7.1. Introduction

7.2. Consumer Electronics

7.3. Telecommunications

7.4. Automotive

7.5. Healthcare

7.6. Aerospace and Defence

7.7. Others

8. CVD PRECURSORS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. Americas

8.2.1. USA

8.2.2. Others

8.3. Europe, Middle East, and Africa

8.3.1. Germany

8.3.2. Denmark

8.3.3. United Kingdom

8.3.4. Sweden

8.3.5. Others

8.4. Asia Pacific

8.4.1. China

8.4.2. Japan

8.4.3. South Korea

8.4.4. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Mergers, Acquisitions, Agreements, and Collaborations

9.3. Vendor Matrix

10. COMPANY PROFILES

10.1. Merck KGaA

10.2. Air Liquide

10.3. DuPont

10.4. Entegris

10.5. SK Inc.

10.6. Mitsubishi Chemical Group

10.7. ADEKA Corporation

10.8. Ascensus Specialities

10.9. Air Products & Chemicals, Inc

10.10. Galest Inc

10.11. JSR Corporation

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

Merck KGaA

Air Liquide

DuPont

Entegris

SK Inc

Mitsubishi Chemical Group

ADEKA Corporation

Ascensus Specialities

Air Products & Chemicals, Inc

Gelest Inc.

JSR Corporation