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Metal Sputtering Target Material Trends and Forecast
The future of the global metal sputtering target material market looks promising with opportunities in the semiconductor, solar energy, and flat panel display applications. The global metal sputtering target material market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are significant use of this material in the solar industry for thin-film solar cell coatings, growing demand for high-quality texture films and particles, and increasing preference for this material based 3D printing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Metal Sputtering Target Material by Segment
The study includes a forecast for the global metal sputtering target material by type, application, and region.
Metal Sputtering Target Material Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Pure Metal
• Alloy
Metal Sputtering Target Material Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Semiconductor
• Solar Energy
• Flat Panel Display
Metal Sputtering Target Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Metal Sputtering Target Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metal sputtering target material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal sputtering target material companies profiled in this report include-
• JX Nippon Mining & Metals
• Praxair
• Plansee
• Mitsui Mining & Smelting
• Hitachi Metals
• Honeywell
• Sumitomo Chemical
• ULVAC
• Materion
• Grikin Advanced Material
Metal Sputtering Target Material Market Insights
Lucintel forecasts that pure metal will remain the larger segment due to the its substantial usage in the productionof metal sputtering targets.
Within this market, flat panel display is expected to witness highest growth over the forecast period due to growing use of metal sputtering target materials in the production of glass and touch screen electrodes.
APAC is expected to witness highest growth over the forecast period due to rising sputtering target product utilization in the semiconductor and digital electronics sectors of the region.
Features of the Global Metal Sputtering Target Material Market
Market Size Estimates: Metal sputtering target material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Metal sputtering target material market size by type, application, and region in terms of value ($B).
Regional Analysis: Metal sputtering target material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the metal sputtering target material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metal sputtering target material market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the metal sputtering target material market size?
Answer: The global metal sputtering target material market is expected to reach an estimated $4.7 billion by 2030.
Q.2 What is the growth forecast for metal sputtering target material market?
Answer: The global metal sputtering target material market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the metal sputtering target material market?
Answer: The major drivers for this market are significant use of this material in the solar industry for thin-film solar cell coatings, growing demand for high-quality texture films and particles, and increasing preference for this material based 3D printing.
Q4. What are the major segments for metal sputtering target material market?
Answer: The future of the metal sputtering target material market looks promising with opportunities in the semiconductor, solar energy, and flat panel display applications.
Q5. Who are the key metal sputtering target material market companies?
Answer: Some of the key metal sputtering target material companies are as follows:
• JX Nippon Mining & Metals
• Praxair
• Plansee
• Mitsui Mining & Smelting
• Hitachi Metals
• Honeywell
• Sumitomo Chemical
• ULVAC
• Materion
• Grikin Advanced Material
Q6. Which metal sputtering target material market segment will be the largest in future?
Answer: Lucintel forecasts that pure metal will remain the larger segment due to the its substantial usage in the productionof metal sputtering targets.
Q7. In metal sputtering target material market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising sputtering target product utilization in the semiconductor and digital electronics sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the metal sputtering target material market by type (pure metal and alloy), application (semiconductor, solar energy, and flat panel display), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to high-growth opportunities for the metal sputtering target material market or related to high-growth opportunities for the metal sputtering target material companies, high-growth opportunities for the metal sputtering target material market size, high-growth opportunities for the metal sputtering target material market share, high-growth opportunities for the metal sputtering target material market growth, high-growth opportunities for the metal sputtering target material market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Metal Sputtering Target Material Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Metal Sputtering Target Material Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Metal Sputtering Target Material Market by Type
3.3.1: Pure Metal
3.3.2: Alloy
3.4: Global Metal Sputtering Target Material Market by Application
3.4.1: Semiconductor
3.4.2: Solar Energy
3.4.3: Flat Panel Display
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Metal Sputtering Target Material Market by Region
4.2: North American Metal Sputtering Target Material Market
4.2.2: North American Metal Sputtering Target Material Market by Application: Semiconductor, Solar Energy, and Flat Panel Display
4.3: European Metal Sputtering Target Material Market
4.3.1: European Metal Sputtering Target Material Market by Type: Pure Metal and Alloy
4.3.2: European Metal Sputtering Target Material Market by Application: Semiconductor, Solar Energy, and Flat Panel Display
4.4: APAC Metal Sputtering Target Material Market
4.4.1: APAC Metal Sputtering Target Material Market by Type: Pure Metal and Alloy
4.4.2: APAC Metal Sputtering Target Material Market by Application: Semiconductor, Solar Energy, and Flat Panel Display
4.5: ROW Metal Sputtering Target Material Market
4.5.1: ROW Metal Sputtering Target Material Market by Type: Pure Metal and Alloy
4.5.2: ROW Metal Sputtering Target Material Market by Application: Semiconductor, Solar Energy, and Flat Panel Display
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Metal Sputtering Target Material Market by Type
6.1.2: Growth Opportunities for the Global Metal Sputtering Target Material Market by Application
6.1.3: Growth Opportunities for the Global Metal Sputtering Target Material Market by Region
6.2: Emerging Trends in the Global Metal Sputtering Target Material Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Metal Sputtering Target Material Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Metal Sputtering Target Material Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: JX Nippon Mining & Metals
7.2: Praxair
7.3: Plansee
7.4: Mitsui Mining & Smelting
7.5: Hitachi Metals
7.6: Honeywell
7.7: Sumitomo Chemical
7.8: ULVAC
7.9: Materion
7.10: GRIKIN Advanced Material
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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