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cvd-equipment-reports-increased-product-demand
cvd-equipment-reports-increased-product-demand

CVD Equipment reports increased product demand

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Business is booming for CVD Equipment, with the chemical vapor deposition systems company stating that orders exceeded $21m for 2021, highlighting an increase of 75% compared to 2020.

Having witnessing order growth in all segments and products, including a 100% growth in the VD equipment portion of the business, CVD expects the high order rates to continue in 2022.

It is thought the company has benefited from the increased demand for nanotechnology materials including carbon nanotubes (CNTs), graphene and silicon nanowires (Si-NWs) to support development and manufacturing for battery materials used in electric vehicles.

CVD received two system orders in 2021 to deposit coatings onto powders used in silicon-graphite anodes, including a production system to OneD Battery Sciences and a second for research and material development.

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