The global sputtering targets & evaporation materials market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Key drivers for the market growth include rising application of sputtering targets & evaporation materials from various end user industries, low operational & maintenance costs, supportive government policies and incentives for environment and high growth in emerging economies. However, barriers for implementation of sputtering targets & evaporation materials and high costs are restricting the market growth.
Global sputtering targets & evaporation materials market segmented on the basis of spurring method, evaporation method, material type, application and region.
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DC Sputtering Dominate the Global Sputtering Targets & Evaporation Materials Market
Based on sputtering method, global sputtering targets & evaporation materials market segmented into DC sputtering, gas flow sputtering, ion assisted sputtering, magnetron sputtering, reactive sputtering and RF sputtering. DC sputtering held considerable market growth during estimated period. DC or direct current sputtering is a thin film physical vapor deposition (PVD) coating technique where a target material to be used as the coating is bombarded with ionized gas molecules causing atoms to be “Sputtered” off into the plasma. These vaporized atoms are then deposited when they condense as a thin film on the substrate to be coated.
DC Sputtering is used extensively in the semiconductor industry creating microchip circuitry on the molecular level. It is used for gold sputter coatings of jewelry, watches and other decorative finishes, for non-reflective coatings on glass and optical components, as well as for metalized packaging plastics.
Asia Pacific Leads the Global Sputtering Targets & Evaporation Materials market
PBI’s global sputtering targets & evaporation materials market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific accounted for larger revenue share in global sputtering targets & evaporation materials market with considerable CAGR due to increasing demand from end user industries and rising demand from electronics and energy sector. Also, China and Japan are the main contributors for the growth of the market in this region as they are the major producers of electronic devices and semiconductors and also which is one of the major applications of sputtering target and evaporation materials.
Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global sputtering targets & evaporation materials market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.
Key player’s profiles in the report are Able Target Limited, ACI Alloys Inc, Advantec Company Ltd, American Elements, China Leadmat Advanced Material Co. Ltd., Evo Chem Advanced Materials GMBH,
Furuya Metal Co. Limited, International Advanced Materials, Plansee SE, Plasmaterials Inc and Soleras Advanced Coatings.
Precision Business Insights (PBI) in its report titled “Global Sputtering Targets & Evaporation Materials Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
By Sputtering Method
o DC Sputtering
o Gas Flow Sputtering
o Ion assisted Sputtering
o Magnetron Sputtering
o Reactive Sputtering
o RF Sputtering
By Evaporation Method
o Vacuum Evaporation
o Thermal Evaporation
o Reactive Evaporation
o Electron-beam Evaporation
By Material Type
o Pure Meals
o Elemental Semiconductors
o Compounds (Oxides, Nitrides, Sulphides and Carbides)
o North America
• Rest of Europe
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• South Africa
• Rest of MEA
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