Market Overview:
The global sputtering target material market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sputtering target materials from various applications such as spices, pharmaceuticals, agricultural and dye sectors. In terms of type, FCC grade segment is expected to hold the largest share in the global sputtering target material market during the forecast period. However, technical grade segment is projected to grow at a higher CAGR during the forecast period owing to its growing demand from various end-use industries. In terms of region, North America held the largest share in 2017 and it is projected that Asia Pacific will be fastest growing region during 2018-2030 due high adoption rate.
Product Definition:
A sputtering target is a material that is inserted into a sputtering chamber and bombarded with ions to produce thin films. The importance of sputtering target material lies in the fact that it must be able to withstand bombardment by the ions without breaking apart.
FCC Grade:
FCC grade is a specification for the purity of the target material used in sputtering devices. It's an important parameter to be considered while selecting materials for high-performance applications such as thin-film coating, MEMS and PCB fabrication, etc. The grade can also have an effect on other parameters such as deposition rate and film quality.
Technical Grade:
Technical grade is a generic term used to define a material that has been processed and characterized in such a way that it meets the industry standards. The technical grades are different from the commercial grades as they have undergone more testing and inspection processes. The materials which do not meet all the required specifications are termed as commercial or industrial goods.
Application Insights:
The global market for sputtering target material by application is segmented into food, pharmaceutical, agricultural and other applications. The food application segment accounted for the largest share in 2017 owing to increasing demand from various end-use industries including restaurants and hotels. Sputtering targets are used in various equipment such as ovens, broilers houses and deep fat fryers to cook delicious chicken or fish meals with less oil absorption.
The use of these targets has increased significantly across all types of cooking due to their properties such as high surface area (for faster evaporation) along with lower energy consumption than gas flame devices.
Regional Analysis:
North America was the dominant regional market in 2017. The region is expected to maintain its position through the forecast period owing to presence of a large number of global as well as domestic players. In North America, U.S accounted for more than 80% share and is anticipated to witness significant growth over the forecast period due to increasing R&D activities and space technology programs in this region.
Asia Pacific sputtering target material market is projected to grow at a lucrative rate during the forecast years on account of rising demand from end-use industries such as electronics, automotive, medical devices, etc., which are based in China and India respectively.
Growth Factors:
- Increasing demand for flat panel displays and semiconductor devices
- Growing popularity of nanotechnology and MEMS
- Rising demand from the medical industry
- Increasing use of sputtering targets in solar energy applications
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Sputtering Target Material Market Research Report
By Type
FCC Grade, Technical Grade
By Application
Spices, Pharmaceuticals, Agricultural, Dye
By Companies
Emerald Performance Materials, Lanxess, Kadillac Chemicals, Shimmer Chemicals, Jiangsu Jiujiu Jiu Technology, Jiangsu Jiamai Chemical, Lihai Chemical, Wuhan Dico Chemical, Nanchang Xinggan Sci-tech Industrial
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Sputtering Target Material Market Report Segments:
The global Sputtering Target Material market is segmented on the basis of:
Types
FCC Grade, Technical Grade
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
Spices, Pharmaceuticals, Agricultural, Dye
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:
- Emerald Performance Materials
- Lanxess
- Kadillac Chemicals
- Shimmer Chemicals
- Jiangsu Jiujiu Jiu Technology
- Jiangsu Jiamai Chemical
- Lihai Chemical
- Wuhan Dico Chemical
- Nanchang Xinggan Sci-tech Industrial
Highlights of The Sputtering Target Material 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:
- FCC Grade
- Technical Grade
- By Application:
- Spices
- Pharmaceuticals
- Agricultural
- Dye
- 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 Sputtering Target Material 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
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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?
Sputtering target material is a material that is used in sputtering processes to create thin films.
Some of the major players in the sputtering target material market are Emerald Performance Materials, Lanxess, Kadillac Chemicals, Shimmer Chemicals, Jiangsu Jiujiu Jiu Technology, Jiangsu Jiamai Chemical, Lihai Chemical, Wuhan Dico Chemical, Nanchang Xinggan Sci-tech Industrial.
The sputtering target material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sputtering Target Material 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 Sputtering Target Material Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sputtering Target Material 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 Sputtering Target Material 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 Sputtering Target Material Market Size & Forecast, 2020-2028 4.5.1 Sputtering Target Material Market Size and Y-o-Y Growth 4.5.2 Sputtering Target Material Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 FCC Grade
5.2.2 Technical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Spices
6.2.2 Pharmaceuticals
6.2.3 Agricultural
6.2.4 Dye
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sputtering Target Material 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 Sputtering Target Material 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 FCC Grade
9.6.2 Technical Grade
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 Market Size Forecast by Applications
9.10.1 Spices
9.10.2 Pharmaceuticals
9.10.3 Agricultural
9.10.4 Dye
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 FCC Grade
10.6.2 Technical Grade
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 Market Size Forecast by Applications
10.10.1 Spices
10.10.2 Pharmaceuticals
10.10.3 Agricultural
10.10.4 Dye
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 FCC Grade
11.6.2 Technical Grade
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 Market Size Forecast by Applications
11.10.1 Spices
11.10.2 Pharmaceuticals
11.10.3 Agricultural
11.10.4 Dye
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 FCC Grade
12.6.2 Technical Grade
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 Market Size Forecast by Applications
12.10.1 Spices
12.10.2 Pharmaceuticals
12.10.3 Agricultural
12.10.4 Dye
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 FCC Grade
13.6.2 Technical Grade
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) Market Size Forecast by Applications
13.10.1 Spices
13.10.2 Pharmaceuticals
13.10.3 Agricultural
13.10.4 Dye
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 Sputtering Target Material Market: Competitive Dashboard
14.2 Global Sputtering Target Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerald Performance Materials
14.3.2 Lanxess
14.3.3 Kadillac Chemicals
14.3.4 Shimmer Chemicals
14.3.5 Jiangsu Jiujiu Jiu Technology
14.3.6 Jiangsu Jiamai Chemical
14.3.7 Lihai Chemical
14.3.8 Wuhan Dico Chemical
14.3.9 Nanchang Xinggan Sci-tech Industrial