APO RESEARCH · REPORT
Sputtering Target Material
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Sputtering Target Material Industry Research Report 2026
Market perspective
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.
Read the full market overview
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.
Report Scope
This report quantifies the global Sputtering Target Material market in revenue (US$ million) and, where applicable, sales volume (Ksqm), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/Ksqm) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Sputtering Target Material.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Sputtering Target Material Market by Company
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
Sputtering Target Material Segment by Type
Metal Target
Alloy Target
Ceramic Compound Target
Sputtering Target Material Segment by Application
Semiconductor
Solar Energy
LCD Flat Panel Display
Others Flat Panel Display
Sputtering Target Material Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Sputtering Target Material market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Sputtering Target Material and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Sputtering Target Material.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Sputtering Target Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Sputtering Target Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Sputtering Target Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Metal Target
- Alloy Target
- Ceramic Compound Target
Applications
- Semiconductor
- Solar Energy
- LCD Flat Panel Display
- Others Flat Panel Display
Companies 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
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Sputtering Target Material by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Metal Target
- 2.2.3 Alloy Target
- 2.2.4 Ceramic Compound Target
- 2.3 Sputtering Target Material by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Semiconductor
- 2.3.3 Solar Energy
- 2.3.4 LCD Flat Panel Display
- 2.3.5 Others Flat Panel Display
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Sputtering Target Material Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Sputtering Target Material Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Sputtering Target Material Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Sputtering Target Material Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Sputtering Target Material Production by Manufacturers (2021-2026)
- 3.2 Global Sputtering Target Material Production Value by Manufacturers (2021-2026)
- 3.3 Global Sputtering Target Material Average Price by Manufacturers (2021-2026)
- 3.4 Global Sputtering Target Material Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Sputtering Target Material Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Sputtering Target Material Manufacturers, Product Type & Application
- 3.7 Global Sputtering Target Material Manufacturers Established Date
- 3.8 Global Sputtering Target Material Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Materion (Heraeus)
- 4.1.1 Materion (Heraeus) Sputtering Target Material Company Information
- 4.1.2 Materion (Heraeus) Sputtering Target Material Business Overview
- 4.1.3 Materion (Heraeus) Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Materion (Heraeus) Product Portfolio
- 4.1.5 Materion (Heraeus) Recent Developments
- 4.2 JX Nippon Mining & Metals Corporation
- 4.2.1 JX Nippon Mining & Metals Corporation Sputtering Target Material Company Information
- 4.2.2 JX Nippon Mining & Metals Corporation Sputtering Target Material Business Overview
- 4.2.3 JX Nippon Mining & Metals Corporation Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 JX Nippon Mining & Metals Corporation Product Portfolio
- 4.2.5 JX Nippon Mining & Metals Corporation Recent Developments
- 4.3 Praxair
- 4.3.1 Praxair Sputtering Target Material Company Information
- 4.3.2 Praxair Sputtering Target Material Business Overview
- 4.3.3 Praxair Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Praxair Product Portfolio
- 4.3.5 Praxair Recent Developments
- 4.4 Plansee SE
- 4.4.1 Plansee SE Sputtering Target Material Company Information
- 4.4.2 Plansee SE Sputtering Target Material Business Overview
- 4.4.3 Plansee SE Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Plansee SE Product Portfolio
- 4.4.5 Plansee SE Recent Developments
- 4.5 Mitsui Mining & Smelting
- 4.5.1 Mitsui Mining & Smelting Sputtering Target Material Company Information
- 4.5.2 Mitsui Mining & Smelting Sputtering Target Material Business Overview
- 4.5.3 Mitsui Mining & Smelting Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Mitsui Mining & Smelting Product Portfolio
- 4.5.5 Mitsui Mining & Smelting Recent Developments
- 4.6 Hitachi Metals
- 4.6.1 Hitachi Metals Sputtering Target Material Company Information
- 4.6.2 Hitachi Metals Sputtering Target Material Business Overview
- 4.6.3 Hitachi Metals Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Hitachi Metals Product Portfolio
- 4.6.5 Hitachi Metals Recent Developments
- 4.7 Honeywell
- 4.7.1 Honeywell Sputtering Target Material Company Information
- 4.7.2 Honeywell Sputtering Target Material Business Overview
- 4.7.3 Honeywell Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Honeywell Product Portfolio
- 4.7.5 Honeywell Recent Developments
- 4.8 Sumitomo Chemical
- 4.8.1 Sumitomo Chemical Sputtering Target Material Company Information
- 4.8.2 Sumitomo Chemical Sputtering Target Material Business Overview
- 4.8.3 Sumitomo Chemical Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Sumitomo Chemical Product Portfolio
- 4.8.5 Sumitomo Chemical Recent Developments
- 4.9 ULVAC
- 4.9.1 ULVAC Sputtering Target Material Company Information
- 4.9.2 ULVAC Sputtering Target Material Business Overview
- 4.9.3 ULVAC Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 ULVAC Product Portfolio
- 4.9.5 ULVAC Recent Developments
- 4.10 GRIKIN Advanced Material Co., Ltd.
- 4.10.1 GRIKIN Advanced Material Co., Ltd. Sputtering Target Material Company Information
- 4.10.2 GRIKIN Advanced Material Co., Ltd. Sputtering Target Material Business Overview
- 4.10.3 GRIKIN Advanced Material Co., Ltd. Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 GRIKIN Advanced Material Co., Ltd. Product Portfolio
- 4.10.5 GRIKIN Advanced Material Co., Ltd. Recent Developments
- 4.11 TOSOH
- 4.11.1 TOSOH Sputtering Target Material Company Information
- 4.11.2 TOSOH Sputtering Target Material Business Overview
- 4.11.3 TOSOH Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 TOSOH Product Portfolio
- 4.11.5 TOSOH Recent Developments
- 4.12 Ningbo Jiangfeng
- 4.12.1 Ningbo Jiangfeng Sputtering Target Material Company Information
- 4.12.2 Ningbo Jiangfeng Sputtering Target Material Business Overview
- 4.12.3 Ningbo Jiangfeng Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Ningbo Jiangfeng Product Portfolio
- 4.12.5 Ningbo Jiangfeng Recent Developments
- 4.13 Heesung
- 4.13.1 Heesung Sputtering Target Material Company Information
- 4.13.2 Heesung Sputtering Target Material Business Overview
- 4.13.3 Heesung Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Heesung Product Portfolio
- 4.13.5 Heesung Recent Developments
- 4.14 Luvata
- 4.14.1 Luvata Sputtering Target Material Company Information
- 4.14.2 Luvata Sputtering Target Material Business Overview
- 4.14.3 Luvata Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Luvata Product Portfolio
- 4.14.5 Luvata Recent Developments
- 4.15 Fujian Acetron New Materials Co., Ltd
- 4.15.1 Fujian Acetron New Materials Co., Ltd Sputtering Target Material Company Information
- 4.15.2 Fujian Acetron New Materials Co., Ltd Sputtering Target Material Business Overview
- 4.15.3 Fujian Acetron New Materials Co., Ltd Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Fujian Acetron New Materials Co., Ltd Product Portfolio
- 4.15.5 Fujian Acetron New Materials Co., Ltd Recent Developments
- 4.16 Changzhou Sujing Electronic Material
- 4.16.1 Changzhou Sujing Electronic Material Sputtering Target Material Company Information
- 4.16.2 Changzhou Sujing Electronic Material Sputtering Target Material Business Overview
- 4.16.3 Changzhou Sujing Electronic Material Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Changzhou Sujing Electronic Material Product Portfolio
- 4.16.5 Changzhou Sujing Electronic Material Recent Developments
- 4.17 Luoyang Sifon Electronic Materials
- 4.17.1 Luoyang Sifon Electronic Materials Sputtering Target Material Company Information
- 4.17.2 Luoyang Sifon Electronic Materials Sputtering Target Material Business Overview
- 4.17.3 Luoyang Sifon Electronic Materials Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Luoyang Sifon Electronic Materials Product Portfolio
- 4.17.5 Luoyang Sifon Electronic Materials Recent Developments
- 4.18 FURAYA Metals Co., Ltd
- 4.18.1 FURAYA Metals Co., Ltd Sputtering Target Material Company Information
- 4.18.2 FURAYA Metals Co., Ltd Sputtering Target Material Business Overview
- 4.18.3 FURAYA Metals Co., Ltd Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.18.4 FURAYA Metals Co., Ltd Product Portfolio
- 4.18.5 FURAYA Metals Co., Ltd Recent Developments
- 4.19 Advantec
- 4.19.1 Advantec Sputtering Target Material Company Information
- 4.19.2 Advantec Sputtering Target Material Business Overview
- 4.19.3 Advantec Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.19.4 Advantec Product Portfolio
- 4.19.5 Advantec Recent Developments
- 4.20 Angstrom Sciences
- 4.20.1 Angstrom Sciences Sputtering Target Material Company Information
- 4.20.2 Angstrom Sciences Sputtering Target Material Business Overview
- 4.20.3 Angstrom Sciences Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.20.4 Angstrom Sciences Product Portfolio
- 4.20.5 Angstrom Sciences Recent Developments
- 4.21 Umicore Thin Film Products
- 4.21.1 Umicore Thin Film Products Sputtering Target Material Company Information
- 4.21.2 Umicore Thin Film Products Sputtering Target Material Business Overview
- 4.21.3 Umicore Thin Film Products Sputtering Target Material Production Capacity, Value and Gross Margin (2021-2026)
- 4.21.4 Umicore Thin Film Products Product Portfolio
- 4.21.5 Umicore Thin Film Products Recent Developments
5 Global Sputtering Target Material Production by Region
- 5.1 Global Sputtering Target Material Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Sputtering Target Material Production by Region: 2021-2032
- 5.2.1 Global Sputtering Target Material Production by Region: 2021-2026
- 5.2.2 Global Sputtering Target Material Production Forecast by Region (2027-2032)
- 5.3 Global Sputtering Target Material Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Sputtering Target Material Production Value by Region: 2021-2032
- 5.4.1 Global Sputtering Target Material Production Value by Region: 2021-2026
- 5.4.2 Global Sputtering Target Material Production Value Forecast by Region (2027-2032)
- 5.5 Global Sputtering Target Material Market Price Analysis by Region (2021-2026)
- 5.6 Global Sputtering Target Material Production and Value, YOY Growth
- 5.6.1 North America Sputtering Target Material Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Sputtering Target Material Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Sputtering Target Material Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Sputtering Target Material Production Value Estimates and Forecasts (2021-2032)
6 Global Sputtering Target Material Consumption by Region
- 6.1 Global Sputtering Target Material Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Sputtering Target Material Consumption by Region (2021-2032)
- 6.2.1 Global Sputtering Target Material Consumption by Region: 2021-2026
- 6.2.2 Global Sputtering Target Material Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Sputtering Target Material Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Sputtering Target Material Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Sputtering Target Material Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Sputtering Target Material Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Sputtering Target Material Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Sputtering Target Material Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Sputtering Target Material Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Sputtering Target Material Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Sputtering Target Material Production by Type (2021-2032)
- 7.1.1 Global Sputtering Target Material Production by Type (2021-2032) & (Ksqm)
- 7.1.2 Global Sputtering Target Material Production Market Share by Type (2021-2032)
- 7.2 Global Sputtering Target Material Production Value by Type (2021-2032)
- 7.2.1 Global Sputtering Target Material Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Sputtering Target Material Production Value Market Share by Type (2021-2032)
- 7.3 Global Sputtering Target Material Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Sputtering Target Material Production by Application (2021-2032)
- 8.1.1 Global Sputtering Target Material Production by Application (2021-2032) & (Ksqm)
- 8.1.2 Global Sputtering Target Material Production Market Share by Application (2021-2032)
- 8.2 Global Sputtering Target Material Production Value by Application (2021-2032)
- 8.2.1 Global Sputtering Target Material Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Sputtering Target Material Production Value Market Share by Application (2021-2032)
- 8.3 Global Sputtering Target Material Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Sputtering Target Material Value Chain Analysis
- 9.1.1 Sputtering Target Material Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Sputtering Target Material Production Mode & Process
- 9.2 Sputtering Target Material Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Sputtering Target Material Distributors
- 9.2.3 Sputtering Target Material Customers
10 Global Sputtering Target Material Analyzing Market Dynamics
- 10.1 Sputtering Target Material Industry Trends
- 10.2 Sputtering Target Material Industry Drivers
- 10.3 Sputtering Target Material Industry Opportunities and Challenges
- 10.4 Sputtering Target Material Industry Restraints
11 Report Conclusion
12 Disclaimer
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