Global Sputtering Target Material Market Growth 2023-2029

Global Sputtering Target Material Market Growth 2023-2029

Product Code:457286

Published Date: Feb 08,2023

Pages: 120

Region: Global

Category: Chemical & Material

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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.

LPI (LP Information)' newest research report, the “Sputtering Target Material Industry Forecast” looks at past sales and reviews total world Sputtering Target Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Sputtering Target Material sales for 2023 through 2029. With Sputtering Target Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sputtering Target Material industry.

This Insight Report provides a comprehensive analysis of the global Sputtering Target Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sputtering Target Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sputtering Target Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sputtering Target Material and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sputtering Target Material.

The global Sputtering Target Material market size is projected to grow from US$ 4295.9 million in 2022 to US$ 7209.4 million in 2029; it is expected to grow at a CAGR of 7209.4 from 2023 to 2029.

Global Sputtering Target Material key players include Materion (Heraeus), JX Nippon Mining & Metals Corporation, Praxair, Plansee SE, Mitsui Mining & Smelting etc. Global top five manufacturers hold a share over 40%. 
North America is the largest market, with a share over 35%, followed by Europe and Japan, both have a share over 40% percent. 
In terms of product, Metal Target is the largest segment, with a share over 60%. And in terms of application, the largest application is Semiconductor followed by Others Flat Panel Display.

This report presents a comprehensive overview, market shares, and growth opportunities of Sputtering Target Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Metal Target
    Alloy Target
    Ceramic Compound Target

Segmentation by application
    Semiconductor
    Solar Energy
    LCD Flat Panel Display
    Others Flat Panel Display

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Materion (Heraeus)
    JX Nippon Mining & Metals Corporation
    Praxair
    Plansee SE
    Mitsui Mining & Smelting
    Hitachi Metals
    Honeywell
    Sumitomo Chemical
    ULVAC
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Sputtering Target Material market?
What factors are driving Sputtering Target Material market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sputtering Target Material market opportunities vary by end market size?
How does Sputtering Target Material break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?