Market Overview:
The global potassium oxide 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 investments in the semiconductor industry. In terms of type, the purity 99% segment is expected to hold a larger share of the market during the forecast period, owing to its high demand in applications such as chemical vapor deposition (CVD) and physical vapor deposition (PVD). In terms of region, Asia Pacific is expected to be fastest-growing region during the forecast period.
Product Definition:
A potassium oxide sputtering target is a material used in sputtering deposition to produce thin films. The importance of potassium oxide sputtering target is that it can be used to deposit thin films of potassium oxide, which have many applications including optical coatings, dielectric layers, and passivation layers.
Purity 99%:
Purity 99% is a type of ceramic material that has been developed to have the composition of 99.1% pure oxygen. It was created by the self-sacrificing method, in which a small quantity of impure materials were used as an catalyst and mixed with molten potassium oxide to produce this product. The resulting mixture was then allowed to cool and solidify, thus producing purity 99%.
Purity 99.9%:
Purity 99.9% is a type of crystalline potassium oxide which has been characterized by X-ray as well as infrared spectroscopy. It's properties such as high surface area, low density and specific heat make it suitable for sputtering targets in the semiconductor industry, electronics industry and other related industries.
Application Insights:
The demand for the product in semiconductor application accounted for a revenue share of over 40% in 2017. The growing electronics industry across the globe is expected to be one of the key drivers for potassium oxide sputtering targets over the forecast period. Moreover, increasing investments by foreign players are projected to boost industry growth further. For instance, in 2015, Hyosung Heavy Industries (HICO) invested USD 20 million to set up a manufacturing facility at its existing location near Guwahati, India. The company planned to manufacture 150 tons per annum capacity Sputter Target System (S Tata) and related equipment there.
Potassium oxide is used as an active material in chemical vapor deposition (CVD) process which helps deposit thin films on various substrates such as silicon wafer and metal foils using atomic layer deposition technique which requires Potassium Oxide target Market owing to high efficiency.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast period. The growth of this region is attributed to rising product demand from various application segments, such as semiconductor, chemical vapor deposition (CVD), physical vapor deposition (PVD) and others. China led the Asia Pacific potassium oxide sputtering target market with a revenue share of over 40% in 2017 owing to high production volume coupled with rising demand for electronic devices in this country.
The growing electronics industry has resulted in an increased consumption of Potassium Oxide Sputtering Target in China on account of its usage for coating metal films used for producing printed circuit boards or PCBs. Rising awareness regarding energy conservation along with government initiatives promoting domestic manufacturing activities are some factors anticipated to fuel industry growth over the forecast period.
Europe was estimated as being second-largest after Asia Pacific by revenue due to increasing applications from other end-use industries such as medical, automotive.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for potassium oxide sputtering targets due to their high purity and uniformity.
- Growing popularity of thin film coatings in a wide range of applications including optical coatings, corrosion protection, and medical implants.
- Rising demand for nanotechnology-based products that require high-quality potassium oxide sputtering targets.
- Proliferation of flat panel displays and other electronic devices that need transparent films for improved performance or aesthetics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Oxide Sputtering Target Market Research Report
By Type
Purity 99%, Purity 99.9%
By Application
Semiconductor, Chemical Vapor Deposition, Physical Vapor Deposition, Others
By Companies
American Elements, Elements China
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Oxide Sputtering Target Market Report Segments:
The global Potassium Oxide Sputtering Target market is segmented on the basis of:
Types
Purity 99%, Purity 99.9%
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
- Elements China
Highlights of The Potassium Oxide 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 99.9%
- 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 Potassium Oxide 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Potassium Oxide Sputtering Target is a target material for sputtering. It is made of potassium oxide and has a high surface area. This makes it ideal for use in sputter deposition processes, such as lithography and etching.
Some of the major companies in the potassium oxide sputtering target market are American Elements, Elements China.
The potassium oxide 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 Potassium Oxide 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 Potassium Oxide Sputtering Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Oxide 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 Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size & Forecast, 2018-2028
4.5.1 Potassium Oxide Sputtering Target Market Size and Y-o-Y Growth
4.5.2 Potassium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 99.9%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Oxide 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 Potassium Oxide 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 Potassium Oxide 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 Potassium Oxide 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 Potassium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 99.9%
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 Potassium Oxide 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 Potassium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 99.9%
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 Potassium Oxide 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 Potassium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 99.9%
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 Potassium Oxide 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 Potassium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Oxide 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 Potassium Oxide Sputtering Target Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 99.9%
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 Potassium Oxide 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) Potassium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Oxide 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) Potassium Oxide Sputtering Target Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 99.9%
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) Potassium Oxide 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 Potassium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Potassium Oxide Sputtering Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Elements China
