Press release
Sputtering Target Material Market, Share, Development forecast to 2024
Sputtering is the process of forming a thin film when the object is attached to the target substrate by the sputtering and scattering, and the sputtering target is the material for high-speed particle bombardment. This report studies the sputtering target material market.
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Global Sputtering Target Material Market: Forecast by Type / Application / Region
For a long time the global sputtering target development and production mainly concentrated in the United States and Japan, and the industry concentration is quite high. Manufactures of sputtering targets, represented by Honeywell (USA), Praxair (USA), JX Nippon Mining & Metals Corporation (Japan), TOSOH (Japan) and other multinational groups, have been involved in this field earlier. After decades of technical accumulation, they occupy the vast majority of market share.
Semiconductor chips, flat panel displays, solar cells and other downstream industries have a higher demand on the product quality and stability. When the downstream customers, especially the world's leading companies select suppliers, the supplier qualification barriers are higher, and the certification cycle is longer.
The worldwide market for Sputtering Target Material is expected to grow at a CAGR of roughly 9.7% over the next five years, will reach 4560 million US$ in 2024, from 2870 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Sputtering Target Material in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
JX Nippon Mining & Metals Corporation
Praxair
Plansee SE
Mitsui Mining & Smelting
Hitachi Metals
Honeywell
Sumitomo Chemical
ULVAC
Materion (Heraeus)
GRIKIN Advanced Material Co., Ltd.
TOSOH
Ningbo Jiangfeng
Heesung
Luvata
Fujian Acetron New Materials Co., Ltd
Changzhou Sujing Electronic Material
Luoyang Sifon Electronic Materials
FURAYA Metals Co., Ltd
Advantec
Angstrom Sciences
Umicore Thin Film Products
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Related Information:
United States Sputtering Target Material Market 2018 Forecast to 2023
Europe Sputtering Target Material Market 2018 Forecast to 2023
North America Sputtering Target Material Market 2018 Forecast to 2023
Asia-Pacific Sputtering Target Material Market 2018 Forecast to 2023
China Sputtering Target Material Market 2018 Forecast to 2023
EMEA Sputtering Target Material Market 2018 Forecast to 2023
Global Sputtering Target Material Market 2018 Forecast to 2023
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