Market Overview:
The global titanium nitride 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 titanium nitride targets from various end-use industries, such as the display industry, solar energy industry, automobile industry, and others. In terms of type, the global titanium nitride target market is segmented into plane targets and rotating targets. Of these two types, the plane target segment is expected to account for a larger share of the global titanium nitride target market during the forecast period. This can be attributed to its high efficiency and low cost as compared to rotating targets. In terms of application, the global titanium nitride target market is divided into four segments: display industry, solar energy industry, automobile industry and other applications.
Product Definition:
A titanium nitride target is a substrate that is used in the fabrication of semiconductor devices. It is important because it can be used to form ohmic contacts and promote adhesion between layers of materials.
Plane Target:
Plane target is a term used in the field of solid-state chemistry for a surface on which molecules or ions can be placed. It is also known as planar, flat or horizontal surface. The most common types of plane targets are glass, plastic and stainless steel.
The usage of plane target in titanium nitride market has increased over the past few years owing to its increasing demand from end-use industries such as medical & healthcare and automotive industry among others.
Rotating Target:
Rotating target is a method of producing titanium nitride, which involves the use of high-speed rotating targets. The process can be used to produce both micro and nanoparticles of TiN. It also allows for control over particle size distribution and enables the production in different shapes & forms with optimum surface area for applications such as coatings, composites & ceramics, medical devices & equipment and chemical processing industries.
Application Insights:
The display industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Titanium nitride targets are used in liquid crystal displays (LCDs) and thin-film transistors (TFTs), which are components of all electronic devices, including computers, mobiles, laptops and various other appliances. The rising demand for LCD/TFT-based products across all major applications areas such as consumer electronics, automotive & transportation systems and medical equipment is projected to boost titanium nitride target market growth over the forecast period.
The solar energy industry accounted for a revenue share of 7% in 2017 owing to increasing utilization of titanium nitride targets in photovoltaic cells that convert sunlight into electricity. Increasing government initiatives regarding adoption of renewable sources such as solar energy for providing electricity across various regions will further propel product demand over the coming years.
Regional Analysis:
Asia Pacific was the largest market for titanium nitride targets and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period owing to high demand from various application industries, especially automobile and solar energy sector. China is projected to remain an important manufacturing hub in Asia Pacific, which will drive industry growth across the region.
The European market has been witnessing sluggish growth since 2014 due to economic uncertainty coupled with stringent environmental regulations by regulatory bodies such as ECHA regarding emission levels of titanium dioxide nanoparticles released into environment. However, Germany emerged as a major consumer owing to increasing demand from display industry on account of rising production levels of smartphones and tablets across Europe.
Growth Factors:
- Increased demand from the automotive and aerospace industries for high-performance coatings that can withstand extreme temperatures and corrosion.
- Growing popularity of titanium nitride as a hard coating for dental implants, due to its superior wear resistance.
- Increasing use of titanium nitride in microelectronics to improve heat dissipation and electrical performance.
- Rising demand for nanotubes made of titanium nitride in energy storage applications such as lithium-ion batteries and supercapacitors .
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Nitride Target Market Research Report
By Type
Plane Target, Rotating Target
By Application
Display Industry, Solar Energy Industry, Automobile Industry, Other
By Companies
Demaco, Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Kaize Metals, E-light, German tech, Beijing Scistar Technology, Demaco, China New Metal Materials Technology, Huzhou Huaman Chemical Industry, Mi-Net Technology, ZWUKSO Decowski Rutowski Sp.j.
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Nitride Target Market Report Segments:
The global Titanium Nitride Target market is segmented on the basis of:
Types
Plane Target, Rotating 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
Display Industry, Solar Energy Industry, Automobile Industry, 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:
- Demaco
- Lesker
- SAM
- Nexteck
- ZNXC
- Beijing Guanli
- Kaize Metals
- E-light
- German tech
- Beijing Scistar Technology
- Demaco
- China New Metal Materials Technology
- Huzhou Huaman Chemical Industry
- Mi-Net Technology
- ZWUKSO Decowski Rutowski Sp.j.
Highlights of The Titanium Nitride 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:
- Plane Target
- Rotating Target
- By Application:
- Display Industry
- Solar Energy Industry
- Automobile Industry
- 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 Titanium Nitride 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?
Titanium nitride target is a type of ammunition used in firearms. It is made from titanium and nitrogen, and it is designed to be very accurate.
Some of the key players operating in the titanium nitride target market are Demaco, Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Kaize Metals, E-light, German tech, Beijing Scistar Technology, Demaco, China New Metal Materials Technology, Huzhou Huaman Chemical Industry, Mi-Net Technology, ZWUKSO Decowski Rutowski Sp.j..
The titanium nitride 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 Titanium Nitride 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 Titanium Nitride Target Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Titanium Nitride 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 Titanium Nitride 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 Titanium Nitride Target Market Size & Forecast, 2020-2028 4.5.1 Titanium Nitride Target Market Size and Y-o-Y Growth 4.5.2 Titanium Nitride Target 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 Plane Target
5.2.2 Rotating Target
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 Display Industry
6.2.2 Solar Energy Industry
6.2.3 Automobile Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Nitride 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 Titanium Nitride 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 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 Plane Target
9.6.2 Rotating 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 Market Size Forecast by Applications
9.10.1 Display Industry
9.10.2 Solar Energy Industry
9.10.3 Automobile Industry
9.10.4 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 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 Plane Target
10.6.2 Rotating 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 Market Size Forecast by Applications
10.10.1 Display Industry
10.10.2 Solar Energy Industry
10.10.3 Automobile Industry
10.10.4 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 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 Plane Target
11.6.2 Rotating 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 Market Size Forecast by Applications
11.10.1 Display Industry
11.10.2 Solar Energy Industry
11.10.3 Automobile Industry
11.10.4 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 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 Plane Target
12.6.2 Rotating 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 Market Size Forecast by Applications
12.10.1 Display Industry
12.10.2 Solar Energy Industry
12.10.3 Automobile Industry
12.10.4 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) 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 Plane Target
13.6.2 Rotating 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) Market Size Forecast by Applications
13.10.1 Display Industry
13.10.2 Solar Energy Industry
13.10.3 Automobile Industry
13.10.4 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 Titanium Nitride Target Market: Competitive Dashboard
14.2 Global Titanium Nitride Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Demaco
14.3.2 Lesker
14.3.3 SAM
14.3.4 Nexteck
14.3.5 ZNXC
14.3.6 Beijing Guanli
14.3.7 Kaize Metals
14.3.8 E-light
14.3.9 German tech
14.3.10 Beijing Scistar Technology
14.3.11 Demaco
14.3.12 China New Metal Materials Technology
14.3.13 Huzhou Huaman Chemical Industry
14.3.14 Mi-Net Technology
14.3.15 ZWUKSO Decowski Rutowski Sp.j.