Sputtering Targets Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 – 2026

Introduction

Sputtering targets materials are used to deposit thin film or layer on preferred substrate by engaging various methods. Fundamentally, sputtering is a variant of physical vapor deposition (PVD) processes used for various scientific and commercial purposes. Sputtering targets materials have extensive range of applications in displays, semiconductor components, data storage devices, sensors, batteries, photovoltaic cells, optics, industrial tools, and decorative among others.

Market Dynamics

Increasing use in automotive and transportation, electronics such as data storage, microelectronics, display, medical, defense and security are some of the factors driving the growth of this market. It is not possible to entirely restrict where the particles and atoms move which leads to contamination problems. Constant mandate from end user sectors, especially energy, electronics, industrial, and optical among others is expected to support future growth of this market.

Market Classification

The market can be bifurcated on the basis of material type, substrate type, application, and geography. By material type, sputtering targets market can be segmented into pure material, alloy and others. By substrate type, sputtering targets market can be segmented into metal & dielectric, glass, plastic, semiconductors, and among other insulator. By application, sputtering targets market can be segmented into automotive and transportation, architecture, electronics such as microelectronics, data storage, display; energy, lighting, medical, defense and security, optical coating, decorative coating, and among others. On the basis of geography, the sputtering targets market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in sputtering targets market include JX Nippon Mining & Metals Corporation, Tosoh SMD Inc., Hitachi Metals Ltd., Mitsui Mining & Smelting Co., Ltd., Umicore, and Hereaus Deutschland Gmbh & Co. Kg among others.

Market Segmentation

Market By Material Type

• Pure Material
• Alloy
• Others

Market By Substrate Type

• Metal & Dielectric
• Glass
• Plastic
• Other Insulator
• Semiconductors

Market By Application

• Automotive And Transportation
• Architecture
• Electronics (Microelectronics, Data Storage, Display)
• Energy
• Lighting
• Medical
• Defense And Security
• Optical Coating
• Decorative Coating
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA