Market Overview:
The global yttrium oxide sputtering target market is expected to grow at a CAGR of 6.5% 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, and the growing use of yttrium oxide sputtering targets in chemical vapor deposition (CVD) and physical vapor deposition (PVD) processes. Based on type, the global yttrium oxide sputtering target market can be segmented into rotatable transformation type and non-rotating type. The rotatable transformation type is expected to account for a larger share of the market than the non-rotating type during the forecast period. This can be attributed to its ability to produce high quality films with low defects. Based on application, the global yttrium oxide sputtering target market can be segmented into semiconductor, CVD, PVD, and others.
Product Definition:
A yttrium oxide sputtering target is a piece of material used to produce thin films of yttrium oxide. Sputtering is a process in which ions are ejected from a material and directed toward another material, causing the target to be deposited on the substrate. Yttrium oxide is an important component of many electronic devices, and its deposition by sputtering is an important step in their manufacturing.
Rotatable Transformation:
Rotatable transformation is a new technology that has been developed to enable the production of high-purity materials for use in advanced ceramics. The process involves spinning a target material, such as yttrium oxide, at extremely high speed to produce nanoparticles and then allowing them to fall onto a substrate.
The key benefit of this technique is that it enables the separation of nuclei from each other and also allows for easy control over the size and shape of particles produced.
Non Rotating Type:
Non rotating type is used to produce high purity and ultra-thin yttrium oxide films for sputtering targets. It can also be used as a windows film in advanced photovoltaic cells. The non rotating type has the advantage of not requiring any complicated mechanism, which reduces the manufacturing cost and complexity of the target material.
The key application areas include thin-film coating, windows & sensors in PV cells, semiconductor devices & magnetic storage devices etc.
Application Insights:
Semiconductor was the dominant application segment in the global yttrium oxide sputtering target market, accounting for a revenue share of more than 40% in 2017. The demand for semiconductors is witnessing a rapid growth due to their applications in electronics and telecommunication sectors. Moreover, technological advancements are expected to fuel the demand further over the forecast period.
The chemical vapor deposition (CVD) process uses targets as they provide high-quality films with enhanced surface finish that meet all quality standards set by industry participants including device manufacturers and foundry operators. Furthermore, increasing use of CVD processes across various industries including automotive & transportation is expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to maintain its position over the forecast period. The growth of this region can be attributed to increasing yttrium oxide sputtering target demand from various end-use industries, such as electronics, semiconductors, solar energy equipment manufacturing and others. China is anticipated to remain a key consumer owing to high product demand from various end-use sectors including semiconductor industry.
The Asia Pacific held approximately 54% share of global yttrium oxide sputtering target consumption in 2017 on account of high production volume across several industries in this region coupled with rising per capita income levels among consumers resulting into higher spending capabilities for advanced technologies including metal coating techniques using yttria-stabilized zirconia (YSZ) products.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for Yttrium Oxide Sputtering Target due to its properties such as high thermal conductivity, low electrical resistivity and good optical transmission.
- Growing demand for transparent conducting films in displays, solar cells and other optoelectronic devices.
- Rising popularity of thin film coatings for energy-efficient windows and architectural glass applications.
- Increasing use of yttria stabilized zirconia (YSZ) coatings in gas turbine blades to improve thermal shock resistance and oxidation resistance. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Yttrium 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, Kurt J. Lesker, NANOSHEL, Stanford Advanced Materials, MSE Supplies, Edgetech Industries, ALB Materials Inc, Heeger Materials, SCI Engineered Materials, QS Advanced Materials, Stanford Materials Corporation, China Rare Metal Material
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Yttrium Oxide Sputtering Target Market Report Segments:
The global Yttrium 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
- Kurt J. Lesker
- NANOSHEL
- Stanford Advanced Materials
- MSE Supplies
- Edgetech Industries
- ALB Materials Inc
- Heeger Materials
- SCI Engineered Materials
- QS Advanced Materials
- Stanford Materials Corporation
- China Rare Metal Material
Highlights of The Yttrium 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 Yttrium 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.
How you may use our products:
- Correctly Positioning New Products
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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 yttrium oxide sputtering target is a piece of equipment used to produce thin films of yttrium oxide.
Some of the major companies in the yttrium oxide sputtering target market are American Elements, Kurt J. Lesker, NANOSHEL, Stanford Advanced Materials, MSE Supplies, Edgetech Industries, ALB Materials Inc, Heeger Materials, SCI Engineered Materials, QS Advanced Materials, Stanford Materials Corporation, China Rare Metal Material.
The yttrium oxide sputtering target market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yttrium 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 Yttrium Oxide Sputtering Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yttrium 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 Yttrium 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 Yttrium Oxide Sputtering Target Market Size & Forecast, 2018-2028
4.5.1 Yttrium Oxide Sputtering Target Market Size and Y-o-Y Growth
4.5.2 Yttrium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Yttrium 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 Yttrium 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 Yttrium 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 Yttrium 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 Yttrium 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 Yttrium 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 Yttrium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Yttrium 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 Yttrium 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 Yttrium 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 Yttrium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Yttrium 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 Yttrium 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 Yttrium 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 Yttrium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yttrium 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 Yttrium 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 Yttrium 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 Yttrium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Yttrium 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 Yttrium 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 Yttrium 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) Yttrium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yttrium 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) Yttrium 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) Yttrium 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 Yttrium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Yttrium 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 Kurt J. Lesker
14.3.3 NANOSHEL
14.3.4 Stanford Advanced Materials
14.3.5 MSE Supplies
14.3.6 Edgetech Industries
14.3.7 ALB Materials Inc
14.3.8 Heeger Materials
14.3.9 SCI Engineered Materials
14.3.10 QS Advanced Materials
14.3.11 Stanford Materials Corporation
14.3.12 China Rare Metal Material
