Market Overview:
The global purity metal 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 solar cells, touch screens, flat panel displays, semiconductors and recording media across the globe. In addition, the growing demand for high-purity metals in various end-use industries is also contributing to the growth of this market. Based on type, niobium and titanium are expected to be two of the most popular purity metal targets during the forecast period. Niobium is used extensively in superconducting wires and magnets while titanium finds applications in medical implants and aerospace components. Based on application, solar cells are anticipated to account for a major share of the global purity metal target market during 2018-2030 owing to its growing popularity as an alternative source of energy worldwide.
Product Definition:
A purity metal target is a target made of pure metal that is used in metallurgy to test the purity of metals. The importance of purity metal targets lies in the fact that they allow for the accurate determination of the elemental composition and impurities present in a given sample of metal.
Ni:
The global Ni market size was valued at USD 1.91 billion in 2016 and is expected to witness significant growth over the forecast period owing to its increasing demand for alloying with other metals such as Cu, Ag, and Fe in various end-use industries including automotive industry. The growing population coupled with rising disposable income has led to an increase in the consumption of luxury goods which include automobiles. This trend is projected to drive the demand for nickel alloys over the coming years.
Ti:
The global titanium metal purity target market size was valued at USD 1.8 billion in 2016 and is expected to witness significant growth over the forecast period owing to its increasing demand for purification of precious metals. The growing need for high-purity materials in various industries such as chemical, oil & gas, and healthcare is anticipated to propel the industry growth over the next seven years.
Application Insights:
The global purity metal target market is segmented on the basis of application into solar cell, touch screen, flat panel display, semiconductor, and other applications. The solar cell application segment accounted for a major share in 2017 owing to high product demand for manufacturing polycrystalline silicon (PSS) cells. PSS is an important material used in the fabrication of various products including flexible displays and thin-film photovoltaic cells that are widely utilized across several end-use industries such as energy generation and electronics.
Flat panel display was another prominent application segment accounting for significant share in 2017 due to increasing product utilization across several end-use industries such as consumer electronics and renewable energy generation over the recent past period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth owing to increasing demand from end-use industries such as electronics, solar cell, automotive, etc. China was one of the largest manufacturers globally due to low raw material cost coupled with cheap labor cost. However, since 2016 Chinese government has been taking various steps such as “Made In China†initiative which aims at promoting domestic manufacturing output by encouraging foreign direct investments (FDI). This policy change will open new avenues for purity metal target manufacturers over next few years.
Europe accounted for a major share in 2017 owing to rapid technological advancements witnessed during that year across numerous application segments including flat panel displays, touch screens and solar cells along with growing demand from key end-use industries such as aerospace & defense.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-quality metal targets.
- Growing popularity of laser cutting and welding as manufacturing processes, which require high-quality metal targets.
- Rising demand for purity metals in electronic devices and semiconductor chips.
- Increasing use of 3D printing technology, which requires purity metals for printing complex structures with fine details.
- Growing awareness among consumers about the benefits of using purity metals in various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Purity Metal Target Market Research Report
By Type
Ni, Ti, Zn, Cr, Mg, Others
By Application
Solar Cell, Touch Screen, Flat Panel Display, Semiconductor, Recording Medium, Others
By Companies
Honeywell, Tosoh SMD, Praxair, Williams, Sumitomo, ULVAC, Pamsee, Konfoong Materials International, JX Nippon Mining & Metals Corporation, Jiangyin Entret, GRIKIN Advanced 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Purity Metal Target Market Report Segments:
The global Purity Metal Target market is segmented on the basis of:
Types
Ni, Ti, Zn, Cr, Mg, Others
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
Solar Cell, Touch Screen, Flat Panel Display, Semiconductor, Recording Medium, 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:
- Honeywell
- Tosoh SMD
- Praxair
- Williams
- Sumitomo
- ULVAC
- Pamsee
- Konfoong Materials International
- JX Nippon Mining & Metals Corporation
- Jiangyin Entret
- GRIKIN Advanced Material
Highlights of The Purity Metal 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:
- Ni
- Ti
- Zn
- Cr
- Mg
- Others
- By Application:
- Solar Cell
- Touch Screen
- Flat Panel Display
- Semiconductor
- Recording Medium
- 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 Purity Metal 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Purity Metal Target is a company that manufactures targets made of 99.9% pure silver or gold. The targets are designed for use in shooting ranges and hunting preserves, and can be used to practice shooting with firearms or bows and arrows.
Some of the major companies in the purity metal target market are Honeywell, Tosoh SMD, Praxair, Williams, Sumitomo, ULVAC, Pamsee, Konfoong Materials International, JX Nippon Mining & Metals Corporation, Jiangyin Entret, GRIKIN Advanced Material.
The purity metal target market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Purity Metal Target Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Purity Metal Target Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Purity Metal Target Market - Supply Chain
4.5. Global Purity Metal Target Market Forecast
4.5.1. Purity Metal Target Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Purity Metal Target Market Size (000 Units) and Y-o-Y Growth
4.5.3. Purity Metal Target Market Absolute $ Opportunity
5. Global Purity Metal Target Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Purity Metal Target Market Size and Volume Forecast by Type
5.3.1. Ni
5.3.2. Ti
5.3.3. Zn
5.3.4. Cr
5.3.5. Mg
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Purity Metal Target Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Purity Metal Target Market Size and Volume Forecast by Application
6.3.1. Solar Cell
6.3.2. Touch Screen
6.3.3. Flat Panel Display
6.3.4. Semiconductor
6.3.5. Recording Medium
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Purity Metal Target Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Purity Metal Target Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Purity Metal Target Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Purity Metal Target Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Purity Metal Target Demand Share Forecast, 2019-2026
9. North America Purity Metal Target Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Purity Metal Target Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Purity Metal Target Market Size and Volume Forecast by Application
9.4.1. Solar Cell
9.4.2. Touch Screen
9.4.3. Flat Panel Display
9.4.4. Semiconductor
9.4.5. Recording Medium
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Purity Metal Target Market Size and Volume Forecast by Type
9.7.1. Ni
9.7.2. Ti
9.7.3. Zn
9.7.4. Cr
9.7.5. Mg
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Purity Metal Target Demand Share Forecast, 2019-2026
10. Latin America Purity Metal Target Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Purity Metal Target Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Purity Metal Target Market Size and Volume Forecast by Application
10.4.1. Solar Cell
10.4.2. Touch Screen
10.4.3. Flat Panel Display
10.4.4. Semiconductor
10.4.5. Recording Medium
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Purity Metal Target Market Size and Volume Forecast by Type
10.7.1. Ni
10.7.2. Ti
10.7.3. Zn
10.7.4. Cr
10.7.5. Mg
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Purity Metal Target Demand Share Forecast, 2019-2026
11. Europe Purity Metal Target Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Purity Metal Target Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Purity Metal Target Market Size and Volume Forecast by Application
11.4.1. Solar Cell
11.4.2. Touch Screen
11.4.3. Flat Panel Display
11.4.4. Semiconductor
11.4.5. Recording Medium
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Purity Metal Target Market Size and Volume Forecast by Type
11.7.1. Ni
11.7.2. Ti
11.7.3. Zn
11.7.4. Cr
11.7.5. Mg
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Purity Metal Target Demand Share, 2019-2026
12. Asia Pacific Purity Metal Target Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Purity Metal Target Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Purity Metal Target Market Size and Volume Forecast by Application
12.4.1. Solar Cell
12.4.2. Touch Screen
12.4.3. Flat Panel Display
12.4.4. Semiconductor
12.4.5. Recording Medium
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Purity Metal Target Market Size and Volume Forecast by Type
12.7.1. Ni
12.7.2. Ti
12.7.3. Zn
12.7.4. Cr
12.7.5. Mg
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Purity Metal Target Demand Share, 2019-2026
13. Middle East & Africa Purity Metal Target Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Purity Metal Target Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Purity Metal Target Market Size and Volume Forecast by Application
13.4.1. Solar Cell
13.4.2. Touch Screen
13.4.3. Flat Panel Display
13.4.4. Semiconductor
13.4.5. Recording Medium
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Purity Metal Target Market Size and Volume Forecast by Type
13.7.1. Ni
13.7.2. Ti
13.7.3. Zn
13.7.4. Cr
13.7.5. Mg
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Purity Metal Target Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Purity Metal Target Market: Market Share Analysis
14.2. Purity Metal Target Distributors and Customers
14.3. Purity Metal Target Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tosoh SMD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Praxair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Williams
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sumitomo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ULVAC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pamsee
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Konfoong Materials International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JX Nippon Mining & Metals Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangyin Entret
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GRIKIN Advanced Material
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
