Market Overview:
The global Praseodymium Oxide Sputtering Target market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductors and other electronic devices, and rising investments in research and development (R&D) activities for advanced materials. In terms of type, the rotatable transformation segment is expected to hold a larger share of the global Praseodymium Oxide Sputtering Target market during the forecast period. This can be attributed to its ability to provide high deposition rates and uniformity across large areas.
Product Definition:
A Praseodymium Oxide Sputtering Target is a material used in sputtering processes to produce thin films of praseodymium oxide. The importance of Praseodymium Oxide Sputtering Target lies in its ability to form a strong, stable film with good optical properties.
Rotatable Transformation:
Rotatable transformation is a new technology that has been developed to enable the production of high purity single-crystal praseodymium (Pr) oxide targets at low cost. The technique enables the target material to be spun in three dimensions, which allows for maximum surface area and uniformity of coverage.
Non Rotating Type:
Non rotating type is used in the process of sputtering target for the production of Praseodymium (Pd) oxide. The non rotating type has a high rate capability and uniformity, which helps to provide a better quality product with low impurities.
The non-rotating target design provides an even distribution of Pd ions over its surface area, which results in an efficient sputtering process.
Application Insights:
The demand for the product in semiconductor application accounted for over 40% of the global market share in 2017. Praseodymium oxide is used as a target material to sputter gold, silver and other metals to form thin films that are used in electronic devices. The growth of electronics industry on account of technological advancements coupled with increasing consumer disposable income has been contributing significantly towards segment growth.
Other applications include chemical vapor deposition (CVD), physical vapor deposition (sputtering) and others such as gas dischargearc welding, electron beam melting and plasma enhanced CVD which are yet to be widely adopted globally. However, these technologies have witnessed significant adoption across various regions including North America, Europe and Asia Pacific thus fueling overall demand over the projected period.
Regional Analysis:
Asia Pacific is expected to be the largest market for global praseodymium oxide sputtering target over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries, such as electronics, semiconductors and chemical vapor deposition. China is one of the major consumers in this region owing to its large production base and growing economy. In 2017, China produced around 95% of global supply on account of low cost labor and raw material availability in country.
North America accounted for a significant share in 2016 due to high consumption from end-use sectors such as semiconductor industry that requires superior quality targets with enhanced performance characteristics compared to those offered by Asia Pacific region. Moreover, rising R&D activities related with nanotechnology are anticipated to fuel product demand over next eight years which would result into increased consumption especially within U.S.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for praseodymium oxide sputtering targets due to their unique optical and electrical properties.
- Growing popularity of thin film coatings and transparent conducting films in a wide range of applications including solar energy, displays, lighting, and sensors.
- Rising demand for praseodymium oxide sputtering targets from the medical device industry for use in implantable devices and other biomedical applications.
- Increasing research activity in nanotechnology and materials science which is driving the need for better quality praseodymium oxide sputtering targets with smaller particle sizes. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Praseodymium Oxide Sputtering Target Market Research Report
By Type
Rotatable Transformation, Non Rotating Type
By Application
Semiconductor, Chemical Vapor Deposition, Physical Vapor Deposition, Others
By Companies
MSE Supplies, American Elements, ALB Materials Inc, Stanford Advanced Materials, XI'AN FUNCTION MATERIAL GROUP, QS Advanced Materials, Edgetech Industries, China Rare Metal Material, Stanford Materials Corporation
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Praseodymium Oxide Sputtering Target Market Report Segments:
The global Praseodymium Oxide Sputtering Target market is segmented on the basis of:
Types
Rotatable Transformation, Non Rotating Type
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:
- MSE Supplies
- American Elements
- ALB Materials Inc
- Stanford Advanced Materials
- XI'AN FUNCTION MATERIAL GROUP
- QS Advanced Materials
- Edgetech Industries
- China Rare Metal Material
- Stanford Materials Corporation
Highlights of The Praseodymium 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:
- Rotatable Transformation
- Non Rotating Type
- 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 Praseodymium 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.
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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?
Praseodymium Oxide Sputtering Target is a type of target used in the fabrication of semiconductor devices. It is made up of praseodymium and oxygen atoms, which are arranged in a cubic lattice. This target helps to create high-quality sputtered films that can be used for electronic applications.
Some of the major companies in the praseodymium oxide sputtering target market are MSE Supplies, American Elements, ALB Materials Inc, Stanford Advanced Materials, XI'AN FUNCTION MATERIAL GROUP, QS Advanced Materials, Edgetech Industries, China Rare Metal Material, Stanford Materials Corporation.
The praseodymium oxide sputtering target market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Praseodymium 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 Praseodymium Oxide Sputtering Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Praseodymium 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 Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size & Forecast, 2018-2028
4.5.1 Praseodymium Oxide Sputtering Target Market Size and Y-o-Y Growth
4.5.2 Praseodymium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size Forecast by Type
5.2.1 Rotatable Transformation
5.2.2 Non Rotating Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Praseodymium 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 Praseodymium 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 Praseodymium 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 Praseodymium 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 Praseodymium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size Forecast by Type
9.6.1 Rotatable Transformation
9.6.2 Non Rotating Type
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 Praseodymium 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 Praseodymium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size Forecast by Type
10.6.1 Rotatable Transformation
10.6.2 Non Rotating Type
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 Praseodymium 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 Praseodymium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size Forecast by Type
11.6.1 Rotatable Transformation
11.6.2 Non Rotating Type
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 Praseodymium 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 Praseodymium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Praseodymium 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 Praseodymium Oxide Sputtering Target Market Size Forecast by Type
12.6.1 Rotatable Transformation
12.6.2 Non Rotating Type
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 Praseodymium 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) Praseodymium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Praseodymium 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) Praseodymium Oxide Sputtering Target Market Size Forecast by Type
13.6.1 Rotatable Transformation
13.6.2 Non Rotating Type
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) Praseodymium 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 Praseodymium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Praseodymium Oxide Sputtering Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MSE Supplies
14.3.2 American Elements
14.3.3 ALB Materials Inc
14.3.4 Stanford Advanced Materials
14.3.5 XI'AN FUNCTION MATERIAL GROUP
14.3.6 QS Advanced Materials
14.3.7 Edgetech Industries
14.3.8 China Rare Metal Material
14.3.9 Stanford Materials Corporation
