Global Sputtering Target Material Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Sputtering Target Material market size was valued at US$ 4881 million in 2024 and is forecast to a readjusted size of USD 7913 million by 2031 with a CAGR of 7.2% during review period.

Sputtering is the process of forming a thin film when the object is attached to the target substrate by the sputtering and scattering, and the sputtering target is the material for high-speed particle bombardment. This report studies the sputtering target material market.

Global Sputtering Target Material key players include Materion (Heraeus), JX Nippon Mining & Metals Corporation, Praxair, Plansee SE, Mitsui Mining & Smelting etc. Global top five manufacturers hold a share over 40%.

North America is the largest market, with a share over 35%, followed by Europe and Japan, both have a share over 40% percent.

In terms of product, Metal Target is the largest segment, with a share over 60%. And in terms of application, the largest application is Semiconductor followed by Others Flat Panel Display.

This report is a detailed and comprehensive analysis for global Sputtering Target Material market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Sputtering Target Material market size and forecasts, in consumption value ($ Million), sales quantity (Ksqm), and average selling prices (USD/sqm), 2020-2031

Global Sputtering Target Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Ksqm), and average selling prices (USD/sqm), 2020-2031

Global Sputtering Target Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Ksqm), and average selling prices (USD/sqm), 2020-2031

Global Sputtering Target Material market shares of main players, shipments in revenue ($ Million), sales quantity (Ksqm), and ASP (USD/sqm), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Sputtering Target Material

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Sputtering Target Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Materion (Heraeus), JX Nippon Mining & Metals Corporation, Praxair, Plansee SE, Mitsui Mining & Smelting, Hitachi Metals, Honeywell, Sumitomo Chemical, ULVAC, GRIKIN Advanced Material Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Sputtering Target Material market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Metal Target
Alloy Target
Ceramic Compound Target

Market segment by Application
Semiconductor
Solar Energy
LCD Flat Panel Display
Others Flat Panel Display

Major players covered
Materion (Heraeus)
JX Nippon Mining & Metals Corporation
Praxair
Plansee SE
Mitsui Mining & Smelting
Hitachi Metals
Honeywell
Sumitomo Chemical
ULVAC
GRIKIN Advanced Material Co., Ltd.
TOSOH
Ningbo Jiangfeng
Heesung
Luvata
Fujian Acetron New Materials Co., Ltd
Changzhou Sujing Electronic Material
Luoyang Sifon Electronic Materials
FURAYA Metals Co., Ltd
Advantec
Angstrom Sciences
Umicore Thin Film Products

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Sputtering Target Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Sputtering Target Material, with price, sales quantity, revenue, and global market share of Sputtering Target Material from 2020 to 2025.

Chapter 3, the Sputtering Target Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Sputtering Target Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Sputtering Target Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Sputtering Target Material.

Chapter 14 and 15, to describe Sputtering Target Material sales channel, distributors, customers, research findings and conclusion.