Market Overview:
The global sputtering targets and evaporation materials market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for sputtering targets and evaporation materials in various end-use industries, such as oil and gas industry, bore wells, and others. In terms of type, the water-based segment is projected to lead the global market during the forecast period owing to its properties such as non-toxicity, biodegradability, low viscosity, and others. However, in terms of revenue share contribution (in %), synthetic based segment is expected to dominate the global market by 2030 end due its high performance characteristics over other types.
Product Definition:
Sputtering targets are materials used in a sputtering process to produce coatings or thin films. The target is bombarded with energetic particles, such as ions or electrons, which cause the target atoms to be ejected from the surface. These atoms then collide with other atoms in the gas phase and deposit on a substrate, forming a thin film. Evaporation materials are substances that are used to evaporate other substances for various purposes, such as manufacturing semiconductor devices and depositing thin films.
Water Based:
Water-based coating is a solution of water and solvents (such as alcohols or glycol) which is used to coat substrates in the vacuum environment. Water based coating has low Volatile Organic Compounds (VOC) content, less than 5 gm per liter on average, and contains negligible to minimal amounts of toxic substances such as lead compounds or heavy metals.
Oil Based:
Oil-based paints are a type of paint, which is made up of solid or liquid oil as the major component. The other components in these paints include pigments and additives. These paints are used for coating substrates such as glass, plastic, metal or ceramic to make them silyl-repellent.
Application Insights:
The oil and gas industry dominated the global sputtering targets and evaporation materials market in terms of revenue share in 2017. The growth can be attributed to the rising demand for crude oil as a fuel source. Rapid urbanization coupled with an increasing population has led to an increase in drilling activities across the globe, which is further expected to boost product demand over the forecast period.
Global sputtering targets.
The global rise in shale gas production has fueled consumption of target material for coating drilling equipment due to its ability to provide enhanced cutting edge sharpness along with resistance against wear & tear caused due largely on account of high hardness & corrosion resistant properties exhibited by these products.
Regional Analysis:
Asia Pacific region accounted for the largest market share in terms of revenue and is expected to grow at a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing demand for electronic devices, rising industrialization, and expanding oil & gas industry in the region.
The Asia Pacific regional market is characterized by presence of key manufacturers such as SEGWAY INC.; Furukawa Electric Co., Ltd.; Asahi Glass Co., Ltd; Toyota Industries Corporation; Nippon Paint Company, Inc.; Honda Motor Co., Ltd.; Nissan Motors Corporation; Mazda Motor Corp.; Subaru Corporation; Suzuki Motor Corp. India Pvt. Ltd.; Kawasaki Heavy Industries (KHI) Limited; Hitachi, etc.
Growth Factors:
- Increasing demand for semiconductor and flat panel displays
- Growing number of research and development activities for advanced materials
- Rising demand from the medical device industry
- Increasing use of sputtering targets in solar energy applications
- Technological advancements in deposition processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Sputtering Targets and Evaporation Materials Market Research Report
By Type
Water Based, Oil Based, Synthetic Based
By Application
Oil and Gas Industry, Bore Wells, Others
By Companies
Akzo Nobel N.V., BASF SE, Chevron Corporation(Chevron Phillips Chemical Company LLC.), Dow, Innospec Inc., Tetra Technologies, Inc., Lubrizol Corporation, Ltd., Croda International Plc, Stepan Company, Flotek Industries, Inc., OMNOVA Solutions Inc.
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Sputtering Targets and Evaporation Materials Market Report Segments:
The global Sputtering Targets and Evaporation Materials market is segmented on the basis of:
Types
Water Based, Oil Based, Synthetic Based
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
Oil and Gas Industry, Bore Wells, 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:
- Akzo Nobel N.V.
- BASF SE
- Chevron Corporation(Chevron Phillips Chemical Company LLC.)
- Dow
- Innospec Inc.
- Tetra Technologies, Inc.
- Lubrizol Corporation, Ltd.
- Croda International Plc
- Stepan Company
- Flotek Industries, Inc.
- OMNOVA Solutions Inc.
Highlights of The Sputtering Targets and Evaporation Materials 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:
- Water Based
- Oil Based
- Synthetic Based
- By Application:
- Oil and Gas Industry
- Bore Wells
- 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 Sputtering Targets and Evaporation Materials 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
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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 targets are materials that are used to create sputter deposition films. Evaporation materials are substances that evaporate quickly and can be used in the fabrication of thin film devices.
Some of the major players in the sputtering targets and evaporation materials market are Akzo Nobel N.V., BASF SE, Chevron Corporation(Chevron Phillips Chemical Company LLC.), Dow, Innospec Inc., Tetra Technologies, Inc., Lubrizol Corporation, Ltd., Croda International Plc, Stepan Company, Flotek Industries, Inc., OMNOVA Solutions Inc..
The sputtering targets and evaporation materials market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sputtering Targets and Evaporation Materials 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 Targets and Evaporation Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sputtering Targets and Evaporation Materials 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 Targets and Evaporation Materials 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 Targets and Evaporation Materials Market Size & Forecast, 2020-2028
4.5.1 Sputtering Targets and Evaporation Materials Market Size and Y-o-Y Growth
4.5.2 Sputtering Targets and Evaporation Materials 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 Water Based
5.2.2 Oil Based
5.2.3 Synthetic Based
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 Oil and Gas Industry
6.2.2 Bore Wells
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sputtering Targets and Evaporation Materials 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 Targets and Evaporation Materials 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 Water Based
9.6.2 Oil Based
9.6.3 Synthetic Based
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 Oil and Gas Industry
9.10.2 Bore Wells
9.10.3 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 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 Water Based
10.6.2 Oil Based
10.6.3 Synthetic Based
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 Oil and Gas Industry
10.10.2 Bore Wells
10.10.3 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 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 Water Based
11.6.2 Oil Based
11.6.3 Synthetic Based
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 Oil and Gas Industry
11.10.2 Bore Wells
11.10.3 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 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 Water Based
12.6.2 Oil Based
12.6.3 Synthetic Based
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 Oil and Gas Industry
12.10.2 Bore Wells
12.10.3 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) 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 Water Based
13.6.2 Oil Based
13.6.3 Synthetic Based
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 Oil and Gas Industry
13.10.2 Bore Wells
13.10.3 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 Sputtering Targets and Evaporation Materials Market: Competitive Dashboard
14.2 Global Sputtering Targets and Evaporation Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel N.V.
14.3.2 BASF SE
14.3.3 Chevron Corporation(Chevron Phillips Chemical Company LLC.)
14.3.4 Dow
14.3.5 Innospec Inc.
14.3.6 Tetra Technologies, Inc.
14.3.7 Lubrizol Corporation, Ltd.
14.3.8 Croda International Plc
14.3.9 Stepan Company
14.3.10 Flotek Industries, Inc.
14.3.11 OMNOVA Solutions Inc.
