Market Overview:
The global terbium oxide sputtering target market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductors and other electronic devices across the globe. In addition, the growing demand for terbium oxide sputtering targets in chemical vapor deposition (CVD) and physical vapor deposition (PVD) applications is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing terbium oxide sputtering targets may restrain the growth of this market during the forecast period. On basis on type, non-rotating type segment is projected to hold major share in global Terbium Oxide Sputtering Target Market by 2030 owing higher adoption rate as compared rotating transformation type over next decade due less complexity associated with it machining process that helps fabricators achieve better yield rates with improved surface finish quality as well as dimensional accuracy Terbium Oxide Sputter Targets fabricated via Non Rotating Type method .
Product Definition:
A terbium oxide sputtering target is a piece of material used to create a thin film coating on a surface. The target is made of terbium oxide, which is an inorganic compound that contains the elements terbium and oxygen. When hit with a beam of ions or electrons, the target releases atoms that are then deposited on the surface below. Terbium oxide sputtering targets are used in a variety of applications, including semiconductor manufacturing, solar energy generation, and optical coatings.
Rotatable Transformation:
Rotatable transformation is a new technology that has been developed to enable the production of high purity terbium oxide (Tb2O3) from yttrium aluminum silicate. The major driving factors responsible for market growth include increasing demand for sputtering targets in electronics and photonics industries, as well as growing awareness regarding clean energy technologies among researchers.
The global rotatable transformation market size was valued at USD 11.5 million in 2016.
Non Rotating Type:
Non rotating type is used in terbium oxide suttering target market for the production of thin-film semiconductors. The non rotating type has advantages such as it can be used with high power density and it also allows to control the particle size which is very important factor while manufacturing thin-film semiconductor devices.
Application Insights:
The semiconductor application segment accounted for the largest share of more than 30.0% in 2017. The growth is attributed to rising demand from various end-use industries including telecommunication, LED lighting, solar cells and medical equipment among others. Semiconductors are used in almost every product from a computer chip to an electric toothbrush; therefore, increasing terbium oxide sputtering target market by semiconductor manufacturers is expected to drive the global TBOW market over the forecast period.
The chemical vapor deposition (VDC) process uses a targets as an essential component for depositing thin films of different materials such as ZrO2 (for use in solar panels), Al2O3 (for use in glass), TiN (for use in cutting edge technology products).
Regional Analysis:
Asia Pacific region dominated the global terbium oxide sputtering target market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing semiconductor industry and increasing investments from foreign players for manufacturing solar cells and LEDs in China, India, South Korea, Japan among other countries. In addition, rising demand for electronics products such as smartphones along with rapid development of printed circuit boards (PCBs) industry is expected to drive the regional market growth over the forecast period.
North America region accounted for a significant share owing to high consumption volume by end-use industries such as electronic devices and energy & power which are majorly driven by U.S.
Growth Factors:
- Increasing demand from the optoelectronics industry for Terbium Oxide Sputtering Target as a result of its superior optical properties.
- Growing demand for Terbium Oxide Sputtering Target in the medical field due to its biocompatible and non-toxic nature.
- Rising use of Terbium Oxide Sputtering Target in solar energy applications owing to its excellent light absorption characteristics.
- Increasing adoption of Terbium Oxide Sputtering Target in semiconductor manufacturing processes due to its superior electrical conductivity and thermal stability properties. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Terbium 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
American Elements, MSE Supplies, Stanford Advanced Materials, ALB Materials Inc, Advanced Engineering Materials, QS Advanced Materials, Stanford Materials Corporation, AEM
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Terbium Oxide Sputtering Target Market Report Segments:
The global Terbium 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:
- American Elements
- MSE Supplies
- Stanford Advanced Materials
- ALB Materials Inc
- Advanced Engineering Materials
- QS Advanced Materials
- Stanford Materials Corporation
- AEM
Highlights of The Terbium 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 Terbium 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?
A Terbium Oxide Sputtering Target is a target used in sputtering. It is made of terbium oxide and has a coating of gold or silver. When an electron beam strikes the target, it causes the atoms in the target to break down into their component ions. These ionized atoms then fly off the surface of the target and can be collected by a collector tube.
Some of the major players in the terbium oxide sputtering target market are American Elements, MSE Supplies, Stanford Advanced Materials, ALB Materials Inc, Advanced Engineering Materials, QS Advanced Materials, Stanford Materials Corporation, AEM.
The terbium oxide sputtering target market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Terbium 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 Terbium Oxide Sputtering Target Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Terbium 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 Terbium 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 Terbium Oxide Sputtering Target Market Size & Forecast, 2018-2028 4.5.1 Terbium Oxide Sputtering Target Market Size and Y-o-Y Growth 4.5.2 Terbium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Terbium 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 Terbium 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 Terbium 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 Terbium 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 Terbium 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 Terbium 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 Terbium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Terbium 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 Terbium 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 Terbium 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 Terbium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Terbium 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 Terbium 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 Terbium 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 Terbium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Terbium 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 Terbium 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 Terbium 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 Terbium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Terbium 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 Terbium 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 Terbium 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) Terbium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Terbium 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) Terbium 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) Terbium 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 Terbium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Terbium 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 MSE Supplies
14.3.3 Stanford Advanced Materials
14.3.4 ALB Materials Inc
14.3.5 Advanced Engineering Materials
14.3.6 QS Advanced Materials
14.3.7 Stanford Materials Corporation
14.3.8 AEM