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Sputtering targets and Evaporation Materials Market to cross 3 Billion USD by 2020, Driven Mainly by Growth of Electronics Sector in APAC

Global Sputtering Target And Evaporation Material Market Revenue Is Estimated To Outreach $3 Billion By 2020 With Major Demand From Semiconductors Especially In APAC.

The Report “Sputtering Targets & Evaporation Materials Market: By Sputtering Method (DC, Reactive, RF, Others); By Evaporation Method (Thermal, Vacuum, Others); By Material (Pure Metals, Alloys, Compounds); By Application and By Geography- Forecast (2015-2020)”, published by IndustryARC.

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. Sputtering targets and evaporation materials have wide range of applications in semiconductor components, displays, sensors, data storage devices, photovoltaic cells, batteries, industrial tools, optics, automobile mirrors, decorative and many more.

APAC is the most developed market for sputtering targets and evaporation materials. Electronics is the most promising application industry for sputtering target and evaporation materials. Owing to the proliferation of electronic products in APAC countries like China and Japan electronic components such as data storage devices, displays, semiconductor components, microelectronics and more, sputtering targets and evaporation materials market is estimated to experience considerable amount of demand down the years. The ST&EM encompass a wide range of materials which include pure metals, compounds, alloys and semiconductors. As per Industry ARC analysis the global ST&EM market revenue was $2,820.6m as of 2014, and is estimated to grow at a CAGR of 2.2% till 2020.

Browse 113 Market Tables, 19 Figures spread through 203 Pages and an in-depth TOC on “Sputtering Targets and Evaporation Materials”:
http://industryarc.com/Report/1305/sputtering-targets-evaporation-materials-market-analysis.html

There are many numbers of manufacturers and suppliers owing to sputtering target and evaporation material market who deliver the sputtering materials such as metals, compounds and alloys with same physiognomies. The rising demand for end products in electronics and energy as well as growth in economies of emerging countries such as China, Japan welcomes more sputtering facilities. APAC region is the major shareholder with more 48% share in global ST&EM market, due to presence of numerous targets and materials providers and end user sectors. For global ST&EM market, APAC region accounted revenue of $1,370.5m in 2014 and is estimated to grow with a CAGR of 2.4% during the forecast period.

Considerable demand from Electronics and Energy sectors is the main driving factor for this market.

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Sputtering and evaporation are thin film deposition technologies that are most commonly used in semiconductors for diffusion barriers, adhesion or seed layers, etching, antireflection coatings and primary conductors. Owing to their significant applications in diverse end used industries, sputtering targets and evaporation materials market is set to grow at a considerable pace in the coming years. The global ST&EM market revenue for electronics was $1,383.1m in 2004 and is estimated to grow with a CAGR of 2.3% to reach $1,585 by 2020. There are various materials available in the market such as pure metals, semiconductors and alloys that are used for sputter deposition method. Pure metals have a market share of around 40.3% in global ST&EM revenue whereas compounds accounted for 30.3% market share. They are estimated to grow at a CAGR of 2.2% and 2.0% respectively.

The Sputtering Target and Evaporation Materials (ST&EM)  market report is a comprehensive study of the market for different types, applications and geography.

The market is analyzed by the following end user areas:

Following key players were also covered as part of the market landscape analysis:

The market has also been analyzed for four geographic regions which include North America, APAC, Europe and Rest of the World.

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About IndustryARC:

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.

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