Market Overview:
The global nickel tungsten 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 semiconductor and other electronic devices, and rising adoption of nanotechnology in various applications. In terms of purity, the 99% purity segment is expected to hold the largest share of the global nickel tungsten sputtering target market in 2018.
Product Definition:
A nickel tungsten sputtering target is a type of metal target used in sputter deposition processes. It is made of a mixture of nickel and tungsten in various proportions, and is typically used to deposit thin films of these metals onto substrates. The properties of the deposited films can be tailored by adjusting the ratio of nickel to tungsten in the target. Nickel tungsten sputtering targets are also often used as etch masks for semiconductor fabrication.
Purity 99%:
Purity 99% is a new term in the industry and refers to the purity of tungsten with respect to nitrogen. Tungsten has been used as a material for sputtering targets due to its low cost, high thermal stability, and large particle size. However, it contains impurities which can be removed by annealing at higher temperatures or by employing different target preparation methods.
Purity 99.5%:
Purity 99.5% is a type of tungsten disulfide (WSS) which has been processed to remove most of the tungsten (W) and almost all of the nickel (Ni). It is used in different types of targets for sputtering devices such as thin-film, silicon wafers, glass and others. The target material can be exposed to high vacuum or low vacuum conditions depending upon its application.
Application Insights:
The demand for nickel tungsten sputtering targets in semiconductor application accounted for the largest market share of over 40% in terms of revenue in 2017. The use of these targets to deposit Ta 2 O 5 and WO 3 coatings on various substrates such as silicon, germanium, and gallium arsenide is expected to propel the product demand over the forecast period.
The chemical vapor deposition (VDC) segment is anticipated to witness significant growth owing to its rising adoption across a variety of end-use industries including automotive, medical equipment, packaging materials among others. Nickel tungsten sputtering target plays an important role during VDC process by providing nucleation sites required for coating growth which results into enhancing productivity leading to higher consumption rates.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for electronic products and rising foreign investments in various countries such as China, India, Japan, South Korea and Taiwan. In addition, growing industrialization coupled with government support is anticipated to drive the regional market over the forecast period.
The Asia Pacific held a major share of around 40% of global production in 2017 on account of high product demand from end-use industries such as semiconductors and chemical vapor deposition (CVD) industry located mainly across China and India. Growing investments by various governments towards infrastructure development are expected to fuel industry expansion over the projected period which would further propel nickel tungsten sputtering targets market growth.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for advanced materials and components.
- Growing popularity of flat-panel displays in consumer electronics products.
- Proliferation of portable electronic devices, such as laptops, tablets, and smartphones.
- Rising demand for energy-efficient lighting solutions in commercial and residential applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Tungsten 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, Edgetech Industries, Changsha Xinkang Advanced Materials Corporation, 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Tungsten Sputtering Target Market Report Segments:
The global Nickel Tungsten 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
- Edgetech Industries
- Changsha Xinkang Advanced Materials Corporation
- XI'AN FUNCTION MATERIAL GROUP
Highlights of The Nickel Tungsten 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 Tungsten 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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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 Tungsten Sputtering Targets are used in the semiconductor and electronic industry to deposit thin films of metals onto substrates.
Some of the key players operating in the nickel tungsten sputtering target market are American Elements, Edgetech Industries, Changsha Xinkang Advanced Materials Corporation, XI'AN FUNCTION MATERIAL GROUP.
The nickel tungsten 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 Tungsten 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 Tungsten Sputtering Target Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Nickel Tungsten 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 Tungsten 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 Tungsten Sputtering Target Market Size & Forecast, 2018-2028 4.5.1 Nickel Tungsten Sputtering Target Market Size and Y-o-Y Growth 4.5.2 Nickel Tungsten Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nickel Tungsten 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 Tungsten 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 Tungsten 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 Tungsten Sputtering Target Market: Competitive Dashboard
14.2 Global Nickel Tungsten Sputtering Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Edgetech Industries
14.3.3 Changsha Xinkang Advanced Materials Corporation
14.3.4 XI'AN FUNCTION MATERIAL GROUP