Sputtering Targets and Sputtered Films: Technology and Markets

The global market for sputtered films and sputtering targets should grow from $3.2 billion in 2018 to $4.2 billion by 2023 at a compound annual growth rate (CAGR) of 5.1% for the period of 2018-2023.

Report Includes

• 107 data tables and 26 additional tables
• Industry analysis of global market for sputtering targets and sputtered films
• Analyses of global market trends with data from 2016, 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
• Information on the most advanced sputtering methods and emerging processes along with the reviewed latest methods for fabricating sputtering targets
• Qualitative and quantitative analysis of the global market by application, material type and geographical region
• An overview of the new technological developments in fabrication of sputtering targets, while outlining technical issues
• Identification of current technological trends with an objective analysis of trends in recently issued U.S. patents
• Company profiles of key market players, including Hitachi Metals, Honeywell Electronic Materials, Mitsubishi Materials Corp., Praxair and ULVAC

The global market for sputtered films and sputtering targets should reach over $3.2 billion by 2021 from nearly $2.9 billion in 2016 at a compound annual growth rate (CAGR) of 2.2%, from 2016 to 2021.

Report Includes

• An overview of the global market for sputtering targets and sputtered films.
• Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
• An update on the most advanced sputtering methods as well as emerging processes.
• An overview of materials commonly used for the fabrication of sputtering targets and identification of new materials to be used in the future.
• Highlights of new technological developments in the fabrication of sputtering targets while outlining technical issues.
• Trends in related U.S. patents and worldwide patents issued during the most recent years.
• Profiles of major players in the industry.

BCC Research projects that the global market for sputtering targets and sputtered films will grow from $3.0 billion in 2013 to $3.2 billion in 2018, a CAGR of 1.3% over the five year period.

Report Includes

• An overview of the global market for sputtering targets and sputtered films.
• Analyses of global market trends, with data from 2013, and projections of compound annual growth rates (CAGRs) through 2018.
• An update on the most advanced sputtering methods as well as emerging processes.
• An overview of materials commonly used for the fabrication of sputtering targets and identification of new materials to be used in the future.
• Highlights of new technological developments in the fabrication of sputtering targets while outlining technical issues.
• Trends in related U.S. patents and worldwide patents issued during the most recent years.
• Profiles of major players in the industry.

The global market for sputtering targets is estimated to reach $3.3 billion in 2011 and further to reach $5.9 billion by 2016 with a CAGR of 12.3% over the five year period.

• The global market for sputtering targets and sputtered films reached $2.8 billion in 2007. It should reach $5.9 billion by 2012, a compound annual growth rate (CAGR) of 15.8%.
• The microelectronics sector has been the largest consumer of sputtering targets but will be eclipsed by advanced displays and solar cells over the next 5 years.
• Sputtering target consumption will rise at a slower rate than production of sputtered films over the next 5 years due to higher target utilization rates and decreased film thickness in certain market segments.

• The global market for sputtering targets is expected to reach $1.94 billion in 2005 and will increase at an average annual growth rate (AAGR) of 9.7%, nearing $3.1 billion by 2010.
• A total of 1.29 million targets will be consumed to deposit 1,003.3 million square meters of films in 2005, rising to 1.6 billion square meters while units drop to 700,000 due to larger target sizes by 2010.
• Major applications include semiconductors, microcomponents, flat panel displays, magnetic and optical storage devices, wear and corrosion resistant coatings, solar cells and others.
• Some 12,181.8 thousand lbs. of material will be consumed in 2005 to produce targets and 15,865.5 thousand lbs. by 2010.

• The worldwide market for sputtering targets reached $871.5 million in 2001. Rising at an average annual growth rate (AAGR) of 15.4%, this market will approach $1.8 billion in 2006.
• Sputter deposition accounted for 486.1 million square meters of thin films in 2001, a figure expected to exceed 1.0 billion square meters in 2006, rising at an AAGR of 16.5%.
• The market totaled about 305.9 thousand targets in 2001 and is expected to reach 496.8 thousand units in 2006, a 10.2% AAGR. This represents 2,365.7 and 4,373.1 thousand kg of material, respectively.
• Target consumption will rise at a slower rate than production of sputtered films primarily due to more efficient use of material, film thickness decreases in some market segments and a transition to larger target sizes in some segments.