Plasmonic enhancement of the third order nonlinear optical phenomena: figures of merit

Recent years have seen increased interest in the plasmonic enhancement of nonlinear optical effects, yet there remains an uncertainty as to the limits of this enhancement. We present a simple and physically transparent theory for the plasmonic enhancement of third order nonlinear optical processes and show that while a huge enhancement of the effective nonlinear index can be attained, the most relevant figure of merit, the phase shift per one absorption length, remains very low. This suggests that while nonlinear plasmonic materials are not suitable for applications requiring high efficiency, for example in all-optical switching and wavelength conversion, they can be very useful for applications where overall high efficiency is not critical, such as in sensing.