Sputtering and
Evaporation are variants of
physical vapor deposition in which a very thin film or layer is accumulated on
substrate using various techniques with respect to the application. Sputtering
Target and Evaporation Materials (ST&EM) play a vital role
in many of the industries like electronics, energy, optics, industrial and more
to ensure that a uniform and thin film of desired material is deposited on the
substrate to prevent it from external damages. Owing to their significant
applications such as in semiconductor components, displays, sensors, data
storage devices, photovoltaic cells, batteries, industrial tools, optics,
automobile mirrors, decorative and many others in the diverse end used
industries, ST&EM Market is set to grow at a considerable
pace in the coming years. For the period of 2015 till 2020, it is estimated to
grow at a CAGR of 2.2% to reach $3.2bn by 2020.
Table of contents and insights:
http://industryarc.com/Report/1305/sputtering-targets-evaporation-materials-market-analysis.html
Sputtering Target and Evaporation Materials Market has been segmented into methods of sputtering and evaporation, materials used as targets, application sectors and geography. The sputtering target and evaporation materials market encompasses a variety of materials which includes pure metals, compounds, alloys and others. The various methods of sputtering include DC sputtering, reactive sputtering, RF sputtering, Ion-assisted, Magnetron and Gas flow. Metals which conduct electricity are sputtered through DC sputtering; whereas, compounds use Reactive sputtering. This market is set to experience considerable growth in the coming years due to constant demand from dedicated end user sectors, especially electronics and energy.
The demand for high
precision coatings, wear-resistant coatings, low friction coatings, corrosion
resistant coatings and some decorative coatings in various applications is a
key reason for the growth of sputtering target and evaporation materials
market.
The above figure
depicts the market share of sputtering targets and evaporation material by end
user verticals in 2014. Electronics sector holds a major share with 49% in the
global ST&EM market, followed by Energy industry and Industrial with 24% and
11%, respectively. All the above mentioned industry sectors are estimated to
witness growth in the near future owing to the varied application of ST&EM
in different industries globally.
APAC is the leading supplier of ST&EM and
has the highest market share in the ST&EM Market revenue.
In the APAC, China and Japan are the major countries in terms of top ST&EM
manufacturers and suppliers. RoW holds the least share of 7% in the global
ST&EM market revenue. With respect to the global market, the APAC and North
America hold 72% of the entire ST&EM market share.
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Data / Brochure:
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In this report, the
market has been segmented by geography as Europe, North America, APAC and RoW.
Market size and forecast are provided for each of these regions. A detailed
qualitative analysis of the factors responsible for driving and restraining
growth of the ST&EM market and future opportunities are also provided in
the report.
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