Market Overview:
The global tantalum sputtering target market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The high purity tantalum sputtering target segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for semiconductors and LCD displays across the globe. Asia Pacific is expected to be the fastest growing region in terms of revenue during the forecast period.
Product Definition:
A tantalum sputtering target is a material that is used in the fabrication of semiconductor devices. Tantalum has a very high melting point and evaporation rate, making it ideal for use in semiconductor manufacturing. The high melting point also makes tantalum an excellent choice for use as a substrate material in thermal management applications.
Low Purity Tantalum Sputtering Target:
Low purity tantalum sputtering target is a compound of Ta and Hf with low impurities. It has the highest melting point among all rare earth metals. The material is used in the preparation of high-purity targets for sputtering deposition systems. It can also be used as an additive to enhance the properties of other materials, such as tungsten or molybdenum, during their processing.
High Purity Tantalum Sputtering Target:
High purity tantalum (HPT) is a type of rare earth metal with the chemical formula Ta2O5. It has a blue color and is soft and ductile. It can be obtained as an ore, which contains other metals such as coltan, gold, silver, etc. HPT has excellent resistance to abrasion and chemicals; it also provides high wear resistance to the material that it's used in.
Application Insights:
Semiconductors application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growth of this application segment can be attributed to increasing demand for electronic devices, especially from China and India, which are major production hubs of semiconductors.
The LCD displays segment is also expected to witness significant growth during the forecast period owing to growing demand for flat panel display products from various end-use industries including automotive and consumer electronics. In addition, technological advancements coupled with high product quality are further expected to drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for electronic products such as smartphones, tablets, personal computers and laptops. This upsurge is majorly driven by rapid industrialization and urbanization in developing countries such as China, India, Indonesia among others.
The increasing use of LCD displays in automobiles has led to an increased production of vehicles which will further boost product demand across various applications including semiconductors and other industries. The growing electronics industry mainly due to cheaper labor costs along with technological advancements will also drive regional market growth over the next eight years.
North America held a significant share owing to high research & development activities undertaken by key companies for introducing advanced technologies within their products leading towards higher efficiency levels along with cost reduction benefits are some factors driving regional product demand at a significant level over the forecast period 2018 - 2030 (estimated).
Growth Factors:
- Increasing demand for tantalum sputtering target material from the electronics and semiconductor industry due to the miniaturization of devices and higher demand for advanced electronic products.
- Rising demand for tantalum sputtering target material from the medical device industry due to increasing use of implantable medical devices and rising incidences of chronic diseases.
- Growing demand for tantalum sputtering target material in the automotive industry due to increasing production of electric vehicles and hybrids cars.
- Increasing adoption of tantalum sputtering target material in solar energy applications owing to its high efficiency in converting sunlight into electrical energy.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tantalum Sputtering Target Material Market Research Report
By Type
Low Purity Tantalum Sputtering Target, High Purity Tantalum Sputtering Target, Ultra High Purity Tantalum Sputtering Target
By Application
Semiconductors, LCD Displays, Other
By Companies
Materion, JX Nippon, Tosoh, Honeywell Electronic Materials, Praxair, KJLC, China New Metal Materials, CXMET, Materion
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Tantalum Sputtering Target Material Market Report Segments:
The global Tantalum Sputtering Target Material market is segmented on the basis of:
Types
Low Purity Tantalum Sputtering Target, High Purity Tantalum Sputtering Target, Ultra High Purity Tantalum Sputtering Target
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
Semiconductors, LCD Displays, Other
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:
- Materion
- JX Nippon
- Tosoh
- Honeywell Electronic Materials
- Praxair
- KJLC
- China New Metal Materials
- CXMET
- Materion
Highlights of The Tantalum 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:
- Low Purity Tantalum Sputtering Target
- High Purity Tantalum Sputtering Target
- Ultra High Purity Tantalum Sputtering Target
- By Application:
- Semiconductors
- LCD Displays
- Other
- 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 Tantalum 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.
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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?
Tantalum is a rare, hard and shiny metal that is used in electronic components. It can also be used as a sputtering target material because it has a high surface area and low melting point.
Some of the major companies in the tantalum sputtering target material market are Materion, JX Nippon, Tosoh, Honeywell Electronic Materials, Praxair, KJLC, China New Metal Materials, CXMET, Materion.
The tantalum 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 Tantalum 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 Tantalum Sputtering Target Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tantalum 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 Tantalum 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 Tantalum Sputtering Target Material Market Size & Forecast, 2018-2028
4.5.1 Tantalum Sputtering Target Material Market Size and Y-o-Y Growth
4.5.2 Tantalum Sputtering Target Material Market Absolute $ Opportunity
Chapter 5 Global Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Type
5.2.1 Low Purity Tantalum Sputtering Target
5.2.2 High Purity Tantalum Sputtering Target
5.2.3 Ultra High Purity Tantalum Sputtering Target
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Applications
6.2.1 Semiconductors
6.2.2 LCD Displays
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tantalum 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 Tantalum 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 Tantalum Sputtering Target Material Analysis and Forecast
9.1 Introduction
9.2 North America Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Type
9.6.1 Low Purity Tantalum Sputtering Target
9.6.2 High Purity Tantalum Sputtering Target
9.6.3 Ultra High Purity Tantalum Sputtering Target
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 Tantalum Sputtering Target Material Market Size Forecast by Applications
9.10.1 Semiconductors
9.10.2 LCD Displays
9.10.3 Other
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 Tantalum Sputtering Target Material Analysis and Forecast
10.1 Introduction
10.2 Europe Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Type
10.6.1 Low Purity Tantalum Sputtering Target
10.6.2 High Purity Tantalum Sputtering Target
10.6.3 Ultra High Purity Tantalum Sputtering Target
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 Tantalum Sputtering Target Material Market Size Forecast by Applications
10.10.1 Semiconductors
10.10.2 LCD Displays
10.10.3 Other
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 Tantalum Sputtering Target Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Type
11.6.1 Low Purity Tantalum Sputtering Target
11.6.2 High Purity Tantalum Sputtering Target
11.6.3 Ultra High Purity Tantalum Sputtering Target
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 Tantalum Sputtering Target Material Market Size Forecast by Applications
11.10.1 Semiconductors
11.10.2 LCD Displays
11.10.3 Other
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 Tantalum Sputtering Target Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Tantalum Sputtering Target Material 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 Tantalum Sputtering Target Material Market Size Forecast by Type
12.6.1 Low Purity Tantalum Sputtering Target
12.6.2 High Purity Tantalum Sputtering Target
12.6.3 Ultra High Purity Tantalum Sputtering Target
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 Tantalum Sputtering Target Material Market Size Forecast by Applications
12.10.1 Semiconductors
12.10.2 LCD Displays
12.10.3 Other
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) Tantalum Sputtering Target Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tantalum Sputtering Target Material 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) Tantalum Sputtering Target Material Market Size Forecast by Type
13.6.1 Low Purity Tantalum Sputtering Target
13.6.2 High Purity Tantalum Sputtering Target
13.6.3 Ultra High Purity Tantalum Sputtering Target
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) Tantalum Sputtering Target Material Market Size Forecast by Applications
13.10.1 Semiconductors
13.10.2 LCD Displays
13.10.3 Other
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 Tantalum Sputtering Target Material Market: Competitive Dashboard
14.2 Global Tantalum Sputtering Target Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Materion
14.3.2 JX Nippon
14.3.3 Tosoh
14.3.4 Honeywell Electronic Materials
14.3.5 Praxair
14.3.6 KJLC
14.3.7 China New Metal Materials
14.3.8 CXMET
14.3.9 Materion
