Sputtering is a proven technology
capable of depositing thin films from a wide variety of materials on to diverse
substrate shapes and sizes. The process is repeatable and can be scaled up from
small research and development projects, to production batches involving medium
to large substrate areas. Basically, sputtering and evaporation are variants of
physical vapor deposition (PVD) processes which are used for various commercial
and scientific purposes.
Sputtering Targets and
Evaporation Market
plays 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.
According to IndustryARC,
Global Sputtering Targets and Evaporation Material Market recorded
revenue of $2,820.6
Million in 2014 and shall cross
$3 Billion by 2020 with Major Demand from Semiconductors in APAC
Region. It is expected to grow globally at a CAGR of 2.2%.
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, the Sputtering
Targets and Evaporation Market shall boom further.
Due to the proliferation of
electronic components and increasing demand for sputtering targets and
materials, Electronics Application witnessed the strongest market share of more
than 50% in the previous years. And current studies suggest this will further
be boosted by dominant applications of these materials for semiconductors, Magnetic
Data Storage and Displays.
Sputtering Targets and Evaporation Materials Market
is majorly driven forward by the rising demand for high precision coatings,
wear-resistant coatings, low friction coatings, corrosion resistant coatings
and some decorative coatings in various applications. Owing to the dominant
applications in diverse end user industries, this market is set to grow
with a good pace in the coming 5 years.
IndustryARC suggested that Asia-Pacific (APAC)
region is the leading supplier of ST&EM Market and has the highest market
share in the global market revenue thanking the presence of numerous
targets and materials providers and end user sectors. It is also projected to hold majority
share with more than 48% in 2015 and 2020; the increase owing to the demand
from Electronics and Energy sector. In the APAC, China and Japan are the major countries in terms of top
ST&EM Manufacturers and Suppliers. With respect to the global market, the
APAC and North America are noted to hold 72% of the entire ST&EM Market Share.
The key competitive companies for
Sputtering Targets and Evaporation
Market are discussed in depth and studied based on Company Overview,
Product Portfolio, Financials and Developments. Key Insights including
quantitative and qualitative analysis of the complete Market is made available
in this report.
- · Heraeus Holding
- · Umicore AG&Co.
- · Hitachi Metals
- · Treibacher Industrie AG
- · KAMIS Inc
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Materials Market”
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Sanjay Matthews
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