APEJ region is leading the global sputter coatings market

In 2015, Asia Pacific excluding Japan (APEJ) possessed the maximum share of 59.6% (in terms of volume) of the global sputter coatings market and is expected to dominate it over the forecast period, registering a CAGR of 4.4% between 2016 and 2026.

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Taiwan is set to remain a major consumer of sputter targets

In terms of consumption, Taiwan is a major consumer of sputter targets with a volume share of 35% and is expected to dominate the boost the demand during the forecast period. South Korea and China are other major consumers after Taiwan and it is expected that both countries will witness a healthy growth with collective incremental opportunity of USD 1.04 Billion over the forecast period.

Solar industry to contribute in the demand for sputter targets in China

In China, demand for sputter targets is expected to grow substantially owing to a rise in demand from the solar industry, glass industry, and electronics industry among others. After APEJ, Japan is the major consumer of sputter targets and is expected to register a CAGR of 4.4% over the forecast period.

The demand for sputter coatings in North America and Western Europe is growing due to a rise in demand for solar panels, architectural glass, and optics coating among others. Thus, North America and Western Europe is expected to register a CAGR of 3.7% and 3.2% respectively.

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Key players are investing heavily in R&D to gain a foothold in the global sputter coatings market

Some of the major players operating in the global sputter coatings market are Materion Corporation, ULVAC, Inc., JX Nippon Mining & Metal Corporation, Heraeus Holding, Honeywell International Inc., Umicore Group, Praxair S.T. Technology, Inc., Tosoh SMD, Inc., Soleras Advanced Coatings, China Rare Metal Material Co. Ltd., JIANGYIN ENTRET COATING TECHNOLOGY CO. LTD., and GRIKIN Advanced Materials Co. Ltd. Strategic collaborations to enhance their foothold in prominent countries and development of new sputtering methods are the important strategies adopted by key players.

Table of Content
  • 1. Executive Summary
  • 2. Market Introduction
  • 3. Global Market Analysis Scenario
  • 4. Market Dynamics
  • 5. Global Market Analysis & Forecast, By Target Type
    • 5.1. Metal & Element
    • 5.2. Alloy
    • 5.3. Compound
  • 6. Global Market Analysis & Forecast, By Applications
    • 6.1. Solar Panel
    • 6.2. Flat Panel Display
    • 6.3. Architectural Glass
    • 6.4. Semiconductor
    • 6.5. Others
  • 7. Global Market Analysis & Forecast, By Region
    • 7.1. North America
    • 7.2. Western Europe
    • 7.3. APEJ
    • 7.4. Japan
    • 7.5. Rest of World
  • 8. North America Market Analysis & Forecast
  • 9. Western Europe Market Analysis & Forecast
  • 10. APEJ Market Analysis & Forecast
  • 11. Japan Market Analysis & Forecast
  • 12. Rest of World Market Analysis & Forecast
  • 13. Competition Landscape
    • 13.1. Materion Corporation
    • 13.2. ULVAC, Inc.
    • 13.3. JX Nippon Mining & Metal Corporation
    • 13.4. Heraeus Holding
    • 13.5. Honeywell International Inc.
    • 13.6. Umicore Group
    • 13.7. Praxair S.T. Technology, Inc.
    • 13.8. Tosoh SMD, Inc.
    • 13.9. Soleras Advanced Coatings
    • 13.10. China Rare Metal Material Co., Ltd.
    • 13.11. JIANGYIN ENTRET COATING TECHNOLOGY CO., LTD
    • 13.12. GRIKIN Advanced Materials Co., Ltd.

Market Segmentation

By Target Types:

  • Metal and Element
  • Alloys
  • Compounds

By Application:

  • Flat Panel Display
  • Solar Panel
  • Architectural Glass
  • Semiconductors
  • Others

By Region:

  • North America
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Rest of the World (includes Eastern Europe, Latin America, Middle East & Africa)

Frequently Asked Questions

What is the Growth Outlook for Sputter Coatings Market?

The sputter coatings market is likely to secure a CAGR of 4.2% through 2032.

By 2032, how much can the Sputter Coatings Market Grow?

The sputter coatings market size is estimated to cross USD 8.72 Billion by 2032.

What is the Current Valuation of the Sputter Coatings Market?

The sputter coatings market is likely to record a value of USD 5.54 Billion in 2022.

Which Region is likely to Lead the Sputter Coatings Market?

Asia Pacific excluding Japan (APEJ) region is likely to lead the sputter coatings market.

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