Sputtering Targets and Evaporation Materials Market is Set to Generate $3 Billion in Revenue by Decade End.


Posted May 13, 2016 by ChemicalsIARC

The global ST&EM market is set to experience considerable growth in the coming years, due to constant demand from dedicated end user sectors, especially electronics, energy, industrial, optical and others.
 
[b]Sputtering[/b] 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.

[b]MARKET TRENDS:[/b]
According to [b]IndustryARC[/b], Global [b]Sputtering Targets and Evaporation Material Market[/b] recorded revenue of [b]$2,820.6 Million[/b] in [b]2014[/b] and shall cross [b]$3 Billion[/b] by [b]2020[/b] with Major Demand from Semiconductors in APAC Region. It is expected to grow globally at a CAGR of 2.2%.


[b]Avail a Sample PDF Brochure on “Sputtering Targets and Evaporation Materials Market”[/b]
http://www.industryarc.com/pdfdownload.php?id=1305


[b]APPLICATIONS:[/b]
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.


[b]MARKET DRIVING FACTORS:[/b]
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.


[b]GOEGRAPHICAL OUTLOOK OF THE MARKET:[/b]
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.


[b]MARKET SEGMENTATION:[/b]
Sputtering Targets and Evaporation Market is broadly segmented into 5 types based on the following factors:
1. By Sputtering Method: DC Sputtering, Reactive Sputtering, Ion Assisted Sputtering and Others.
2. By Evaporation Method: Thermal Evaporation, Vacuum Evaporation and Reactive Evaporation.
3. By Material Type: Pure Metals, Alloys and Others.
4. By Application: Electronics, Industrial, Energy, Optics and Others.
5. By Geography: North America, Europe, APAC and ROW.


[b]KEY PLAYERS:[/b]
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


[b]For Report Description, Table of Contents and Customization Options, Follow the below report link:[/b]
http://industryarc.com/Report/1305/sputtering-targets-evaporation-materials-market-analysis.html


[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.


[b]CONTACT:[/b]
Sanjay Matthews
Sales Manager
[email protected]
#: +1-614-588-8538 (Ext: 101)
www.industryarc.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By IndustryARC
Phone +1-614-588-8538 (101)
Country United States
Categories Business , Industry
Tags evaporation materials market , magnetron sputtering , sputter coating , sputter deposition , sputtering targets , sputtering targets manufacturers , sputtering targets market , thin film deposition
Last Updated May 13, 2016