Market Overview:
The global nickel platinum sputtering target market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductors and other electronic devices, and rising investments in the semiconductor industry. In terms of purity, the 99% purity segment is expected to hold the largest share of the global nickel platinum sputtering target market in 2018.
Product Definition:
Nickel Platinum Sputtering Target is made of nickel and platinum. It is used to deposit thin films of platinum on a substrate. The importance of Nickel Platinum Sputtering Target is that it can be used to create coatings with very low surface roughness, which makes them ideal for use in optical applications.
Purity 99%:
Purity 99% is a new term in the sputtering target industry. It means that the target material has been purified to remove any nickel and platinum from it. The main driver of this market is that there are no other pure metals available for sputtering targets, which makes them suitable for high-end applications such as medical devices and semiconductor packaging.
The purity level of 99% can be achieved with single or multiple purification processes depending on the starting feedstock.
Purity 99.5%:
Purity 99.5% is a type of target material that contains nickel and platinum in an amount of more than 99.0%. It's produced by the chemical vapor deposition process, which deposits metal on to a substrate by using physical or electrochemical energy from an electric arc or high-frequency radio wave.
Application Insights:
The demand for nickel platinum sputtering targets in semiconductor application accounted for over 35% of the global market share in 2017. Nickel and platinum are key materials used in the fabrication of electronic devices including smartphones, laptops, tablets, and other portable devices. The growth of this application is driven by technological advancements coupled with increasing consumer preference for electronic gadgets.
The demand from the chemical vapor deposition (CVD) industry is expected to witness significant growth over the forecast period owing to rising product utilization across a wide range of applications such as insulating material coatings on electrical equipment & machinery components as well as heat transfer surfaces on various industrial products such as pipes & tanks and power equipment blades.
Other applications include solar panels, flat panel displays (FPD), photovoltaic modules/solar cells etcetera.
Regional Analysis:
Asia Pacific dominated the global nickel platinum sputtering target market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing demand for electronic products such as smartphones and laptops, which requires large volumes of semiconductors along with growing industrialization across emerging economies including China and India.
The growth can also be attributed to the presence of key manufacturers such as Wuxi Biochemical Power Co., Ltd., SEGWAY INC., Sinopec Shanghai Petrochemical Corporation, Lotte Chemical Korea BV, LG Chem Europe Plc among others based in China that are involved in manufacturing & exporting various chemicals used across industries including petrochemicals, plastics & fibers etc. Nickel-plating process has been widely adopted by these companies owing to its widespread applications while manufacturing batteries for electric vehicles and power storage systems among others.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for high-quality, low-defect sputtering targets.
- Growing popularity of nickel platinum alloys in medical implants and other biomedical applications.
- Increased use of nickel platinum coatings in automotive and aerospace applications to improve corrosion resistance and thermal stability.
- Rising demand for nanostructured materials with unique properties prepared by physical vapor deposition methods.
- Advances in target manufacturing technology that result in higher purity, more consistent quality, and lower cost targets
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Platinum Sputtering Target Market Research Report
By Type
Purity 99%, Purity 99.5%, Purity 99.9%, Purity 99.95%, Purity 99.99%, Purity 99.999%
By Application
Semiconductor, Chemical Vapor Deposition, Physical Vapor Deposition, Others
By Companies
American Elements, Changsha Xinkang Advanced Materials Corporation, Edgetech Industries, XI'AN FUNCTION MATERIAL GROUP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Platinum Sputtering Target Market Report Segments:
The global Nickel Platinum Sputtering Target market is segmented on the basis of:
Types
Purity 99%, Purity 99.5%, Purity 99.9%, Purity 99.95%, Purity 99.99%, Purity 99.999%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor, Chemical Vapor Deposition, Physical Vapor Deposition, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- American Elements
- Changsha Xinkang Advanced Materials Corporation
- Edgetech Industries
- XI'AN FUNCTION MATERIAL GROUP
Highlights of The Nickel Platinum Sputtering Target Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity 99%
- Purity 99.5%
- Purity 99.9%
- Purity 99.95%
- Purity 99.99%
- Purity 99.999%
- By Application:
- Semiconductor
- Chemical Vapor Deposition
- Physical Vapor Deposition
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nickel Platinum Sputtering Target Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nickel Platinum Sputtering Targets are a type of sputtering target that is made from nickel and platinum. They are used to deposit thin films of metals onto other materials.
Some of the major players in the nickel platinum sputtering target market are American Elements, Changsha Xinkang Advanced Materials Corporation, Edgetech Industries, XI'AN FUNCTION MATERIAL GROUP.
The nickel platinum sputtering target market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nickel Platinum Sputtering Target Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nickel Platinum Sputtering Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nickel Platinum Sputtering Target Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nickel Platinum Sputtering Target Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nickel Platinum Sputtering Target Market Size & Forecast, 2018-2028
4.5.1 Nickel Platinum Sputtering Target Market Size and Y-o-Y Growth
4.5.2 Nickel Platinum Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Nickel Platinum Sputtering Target Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Nickel Platinum Sputtering Target Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 99.5%
5.2.3 Purity 99.9%
5.2.4 Purity 99.95%
5.2.5 Purity 99.99%
5.2.6 Purity 99.999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nickel Platinum Sputtering Target Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Nickel Platinum Sputtering Target Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Chemical Vapor Deposition
6.2.3 Physical Vapor Deposition
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nickel Platinum Sputtering Target Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nickel Platinum Sputtering Target Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Nickel Platinum Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Nickel Platinum Sputtering Target Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Nickel Platinum Sputtering Target Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 99.5%
9.6.3 Purity 99.9%
9.6.4 Purity 99.95%
9.6.5 Purity 99.99%
9.6.6 Purity 99.999%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Nickel Platinum Sputtering Target Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Chemical Vapor Deposition
9.10.3 Physical Vapor Deposition
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Nickel Platinum Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Nickel Platinum Sputtering Target Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Nickel Platinum Sputtering Target Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 99.5%
10.6.3 Purity 99.9%
10.6.4 Purity 99.95%
10.6.5 Purity 99.99%
10.6.6 Purity 99.999%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Nickel Platinum Sputtering Target Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Chemical Vapor Deposition
10.10.3 Physical Vapor Deposition
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Nickel Platinum Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nickel Platinum Sputtering Target Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Nickel Platinum Sputtering Target Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 99.5%
11.6.3 Purity 99.9%
11.6.4 Purity 99.95%
11.6.5 Purity 99.99%
11.6.6 Purity 99.999%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Nickel Platinum Sputtering Target Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Chemical Vapor Deposition
11.10.3 Physical Vapor Deposition
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Nickel Platinum Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Nickel Platinum Sputtering Target Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Nickel Platinum Sputtering Target Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 99.5%
12.6.3 Purity 99.9%
12.6.4 Purity 99.95%
12.6.5 Purity 99.99%
12.6.6 Purity 99.999%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Nickel Platinum Sputtering Target Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Chemical Vapor Deposition
12.10.3 Physical Vapor Deposition
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Nickel Platinum Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nickel Platinum Sputtering Target Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Nickel Platinum Sputtering Target Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 99.5%
13.6.3 Purity 99.9%
13.6.4 Purity 99.95%
13.6.5 Purity 99.99%
13.6.6 Purity 99.999%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Nickel Platinum Sputtering Target Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Chemical Vapor Deposition
13.10.3 Physical Vapor Deposition
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nickel Platinum Sputtering Target Market: Competitive Dashboard
14.2 Global Nickel Platinum Sputtering Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Changsha Xinkang Advanced Materials Corporation
14.3.3 Edgetech Industries
14.3.4 XI'AN FUNCTION MATERIAL GROUP
