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Copper Sputtering Target Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929298

Copper Sputtering Target Trends and Forecast

The future of the global copper sputtering target market looks promising with opportunities in the semiconductors, solar cell, lcd displays, pigments & coatings, and optical application markets. The global copper sputtering target market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are growing use of copper-sputtering targets for semiconductor devices, advancement of semiconductors for consumer devices like smartphones, tablets, and laptops, as well as, expanding research and development endeavors in the fields of medicine and defense.

Copper Sputtering Target by Segment

The study includes a forecast for the global copper sputtering target by product, application, and region.

Copper Sputtering Target Market by Product [Shipment Analysis by Value from 2018 to 2030]

  • Low Purity Copper Sputtering Target
  • High Purity Copper Sputtering Target
  • Ultra High Purity Copper Sputtering Target

Copper Sputtering Target Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Semiconductors
  • Solar Cell
  • LCD Displays
  • Pigments & Coatings
  • Optical Applications
  • Others

Copper Sputtering Target Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Copper Sputtering Target Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies copper sputtering target companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the copper sputtering target companies profiled in this report include-
  • Honeywell Electronic Materials
  • JX Nippon
  • Praxair
  • Tosoh
  • China New Metal Materials
  • Sumitomo Chemical Com-pang
  • Plansee

Copper Sputtering Target Market Insights

The publisher forecasts that ultra high purity copper sputtering target is expected to witness the highest growth over the forecast period because of highest grade of copper sputtering target and adherence to the most exacting requirements in terms of quality and performance, as well as, high-end ornamental supplies, wear-resistant materials, high-temperature corrosion resistance, glass coating, and other industries can all benefit from their use.

North America will remain the largest region over the forecast period due to copper sputtering targets are widely available from both old and new enterprises, and the application of semiconductors is growing.

Features of the Global Copper Sputtering Target Market

  • Market Size Estimates: Copper sputtering target market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Copper sputtering target market size by product, application, and region in terms of value ($B).
  • Regional Analysis: Copper sputtering target market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the copper sputtering target market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the copper sputtering target market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the copper sputtering target market size?
Answer: The global copper sputtering target market is expected to reach an estimated $1.4 billion by 2030.

Q2. What is the growth forecast for copper sputtering target market?
Answer: The global copper sputtering target market is expected to grow with a CAGR of 5.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the copper sputtering target market?
Answer: The major drivers for this market are growing use of copper-sputtering targets for semiconductor devices, advancement of semiconductors for consumer devices like smartphones, tablets, and laptops, as well as, expanding research and development endeavors in the fields of medicine and defense.

Q4. What are the major segments for copper sputtering target market?
Answer: The future of the global copper sputtering target market looks promising with opportunities in the semiconductors, solar cell, lcd displays, pigments & coatings, and optical application markets.

Q5. Who are the key copper sputtering target market companies?
Answer: Some of the key copper sputtering target companies are as follows:
  • Honeywell Electronic Materials
  • JX Nippon
  • Praxair
  • Tosoh
  • China New Metal Materials
  • Sumitomo Chemical Com-pang
  • Plansee
Q6. Which copper sputtering target market segment will be the largest in future?
Answer: The publisher forecasts that ultra high purity copper sputtering target is expected to witness the highest growth over the forecast period because of highest grade of copper sputtering target and adherence to the most exacting requirements in terms of quality and performance, as well as, high-end ornamental supplies, wear-resistant materials, high-temperature corrosion resistance, glass coating, and other industries can all benefit from their use.

Q7. In copper sputtering target market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to copper sputtering targets are widely available from both old and new enterprises, and the application of semiconductors is growing.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the copper sputtering target market by product (low purity copper sputtering target, high purity copper sputtering target, and ultra high purity copper sputtering target), application (semiconductors, solar cell, lcd displays, pigments & coatings, optical applications, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Copper Sputtering Target Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Copper Sputtering Target Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Copper Sputtering Target Market by Product
3.3.1: Low Purity Copper Sputtering Target
3.3.2: High Purity Copper Sputtering Target
3.3.3: Ultra High Purity Copper Sputtering Target
3.4: Global Copper Sputtering Target Market by Application
3.4.1: Semiconductors
3.4.2: Solar Cell
3.4.3: LCD Displays
3.4.4: Pigments & Coatings
3.4.5: Optical Applications
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Copper Sputtering Target Market by Region
4.2: North American Copper Sputtering Target Market
4.2.1: North American Copper Sputtering Target Market by Application: Semiconductors, Solar Cell, LCD Displays, Pigments & Coatings, Optical Applications, and Others
4.3: European Copper Sputtering Target Market
4.3.1: European Copper Sputtering Target Market by Product: Low Purity Copper Sputtering Target, High Purity Copper Sputtering Target, and Ultra High Purity Copper Sputtering Target
4.3.2: European Copper Sputtering Target Market by Application: Semiconductors, Solar Cell, LCD Displays, Pigments & Coatings, Optical Applications, and Others
4.4: APAC Copper Sputtering Target Market
4.4.1: APAC Copper Sputtering Target Market by Product: Low Purity Copper Sputtering Target, High Purity Copper Sputtering Target, and Ultra High Purity Copper Sputtering Target
4.4.2: APAC Copper Sputtering Target Market by Application: Semiconductors, Solar Cell, LCD Displays, Pigments & Coatings, Optical Applications, and Others
4.5: ROW Copper Sputtering Target Market
4.5.1: ROW Copper Sputtering Target Market by Product: Low Purity Copper Sputtering Target, High Purity Copper Sputtering Target, and Ultra High Purity Copper Sputtering Target
4.5.2: ROW Copper Sputtering Target Market by Application: Semiconductors, Solar Cell, LCD Displays, Pigments & Coatings, Optical Applications, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Copper Sputtering Target Market by Product
6.1.2: Growth Opportunities for the Global Copper Sputtering Target Market by Application
6.1.3: Growth Opportunities for the Global Copper Sputtering Target Market by Region
6.2: Emerging Trends in the Global Copper Sputtering Target Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Copper Sputtering Target Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Copper Sputtering Target Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Honeywell Electronic Materials
7.2: JX Nippon
7.3: Praxair
7.4: Tosoh
7.5: China New Metal Materials
7.6: Sumitomo Chemical Com-pang
7.7: Plansee

Companies Mentioned

  • Honeywell Electronic Materials
  • JX Nippon
  • Praxair
  • Tosoh
  • China New Metal Materials
  • Sumitomo Chemical Com-pang
  • Plansee

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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