Press release
Sputtering Target Material Market to Witness Robust Expansion by 2023
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.
According to this study, over the next five years the Sputtering Target Material market will register a 9.7% CAGR in terms of revenue, the global market size will reach US$ 4560 million by 2024, from US$ 2870 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sputtering Target Material business, shared in Chapter 3.
Global Sputtering Target Material Market: Key Players
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 Research Report 2018
Europe Sputtering Target Material Market Research Report 2018
North America Sputtering Target Material Market Research Report 2018
Asia-Pacific Sputtering Target Material Market Research Report 2018
China Sputtering Target Material Market Research Report 2018
EMEA Sputtering Target Material Market Research Report 2018
Global Sputtering Target Material Market Research Report 2018
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