The global sputter coatings market is expected to reach 16,106.0 metric tonnes by 2026 end, up from 10,435.0 metric tonnes in 2016, in terms of volume. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the global sputter coatings market. The global sputter coatings market is expected to increase with a moderate growth rate of 4.0% to reach a valuation of US$ 4,803.3 Mn by the end of 2016. Future Market Insights delivers key insights on the sputter coatings market in a new publication titled “Sputter Coatings Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”.
According to Future Market Insights analysts, demand for flat panel displays in the manufacturing of smartphones, LED and OLED televisions, and other electronic components is expected to witness a steady growth during forecast period. This in turn is expected to drive growth in the consumption of sputter coating targets during the forecast period. An increasing utilization of renewable energy sources is increasing the demand for solar panels, which in turn is expected to drive the global sputter coatings market growth over the forecast period.
Stringent government regulations in North America and Europe regarding the use of low-e glass in commercial as well as residential buildings are expected to boost the demand for metal and element sputter targets. Furthermore, to reduce the heating and cooling cost of automobiles, manufacturers are using low-e glass, which in turn is anticipated to drive the global sputter coatings market growth over the forecast period.
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However, low coating efficiency of sputtering technology along with development of alternatives for sputter coatings are expected to hinder the growth of the global sputter coatings market over the forecast period.
Segmentation highlights
The global sputter coatings market is segmented on the basis of Target Types (Metal and Element, Alloys, Compounds) and Application (Flat Panel Display, Solar Panel, Architectural Glass, Semiconductors, Others).
- The Metal and Element target type segment is expected to register a relatively high CAGR of 4.9% over the forecast period to reach a market valuation of US$ 2,872.1 Mn by the end of 2026
- The Compounds target type segment is anticipated to dominate the overall sputter coatings market during the forecast period to acquire a value share of 60.0% by the end of 2026
- The Flat Panel Display application segment is anticipated to witness the maximum demand, recording an absolute incremental opportunity of nearly US$ 1.1 Bn over 2016-2026. This segment is expected to dominate the global sputter coatings market over the forecast period to acquire a value share of 37.7% by the end of 2026
- The Solar Panel application segment is anticipated to expand with a relatively high growth rate of 5.0% during the forecast period
Vendor insights
The global sputter coatings market is a fragmented market. Some of the major players in the global sputter coatings market include 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.
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Market Segmentation
By Target Types
- Metal and Element
- Alloys
- Compounds
By Application
- Flat Panel Display
- Solar Panel
- Architectural Glass
- Semiconductors
- Others
Table of Content
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Global Sputter Coating Targets Market Analysis Scenario
3.1. Pricing Analysis
3.2. Market Value (US$ Mn) & Volume (MT) Forecast
3.3. Market Overview
3.3.1. Value Chain
3.3.2. Profitability Margins
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Trends
5. Global Sputter Coating Targets Market Analysis & Forecast, By Target Type
to be continued…!
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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