The Universal Selection Source:
Coatings Ingredients
Industry News

Sputter Coating Market to Reach USD 5.6 Billion by 2020: M&M

Published on 2015-09-17. Author : SpecialChem

According to a new market research report “Sputter Coating Market by Target Material (Pure Material, Compound), by Substrate (Metal, Glass, Plastic, Semiconductor), by Application (Architecture, Electronics, Optical, Tribological & Decorative Coating) & by Geography - Global Forecast to 2020”, the Sputter coating market is expected to reach USD 5.6 Billion by 2020, at a CAGR of 4.96%.

Fig. 1: M&M

Sputtering is a physical vapor deposition vacuum process used to deposit very thin films onto a substrate for a wide variety of commercial and scientific purposes. It is one of the popular coating technique used in semiconductor circuits and electronic device application. Sputtering occurs when an ionized gas molecule is used to displace atoms of a specific material. Sputtering takes place in a high-energy environment, it creates a virtually unbreakable bond between the film and its substrate at the atomic level, creating one of the thinnest, most uniform, and most cost-effective films possible.

This report segments the sputter coating market on the basis of target material type (Pure material, Alloy, Compounds), substrate type (Ceramic, Metal & dielectric, Glass, Plastic, Textile, and Others), and application (Automotive & Transport, Architecture, Electronics( Microelectronics, Data storage, Display), Energy, Lighting, Medical, Defense & Security , Optical Coating, tribological coating, decorative coating, and others). Further, it contains market size projections, and analyses of trends in the market. The geographic analysis contains an in-depth classification for the North America, Europe, and APAC regions which have major countries covering the market. Further, the Middle-East and Africa have been classified under RoW. Each of these regions has been further split into major countries to analyze regional sputter coating market.

This report also describes the drivers, restraints, opportunities, and challenges with respect to the sputter coating market. The sputter coating market is being driven by the application of coating in electronics devices and semiconductors. The restraining factor affecting the market includes high overall cost of sputter coating due to added cost of different batches during in-line production and fluctuations in raw material prices. Improving the visibility of the technology by educating customers and use of sputter coating technique implementation for other application, along with rise in demand for high quality sputter coated components in semiconductor, solar, medical and telecommunication fields are the key growth opportunities for players in the market.

Electronics and semiconductor sector represent the major application for the sputter coating technology. The sputter coating technique is profoundly used for metal deposition on silicon wafer for electronic circuit generation in semiconductor devices. The coating done by sputtering is used to improve data storage capacity of the memory devices such as CDs, DVDs, memory card, hard disk drive and to enhance the image quality of display devices used in consumer electronics such as LCDs, Smart phones, tablets, laptops, and others.

Some of the companies involved in the market include JX Nippon Mining & Metals Corporation (Japan), Tosoh SMD Inc. (U.S.), Hitachi Metals Ltd. (Japan), Mitsui Mining & Smelting Co., Ltd. (Japan), Umicore (Belgium), Hereaus Deutschland Gmbh & Co. Kg. (Germany).

About MarketsandMarkets

MarketsandMarkets annually publishes premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. It specializes in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Its 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

Source: MarketsandMarkets

Halcyon Group 3rd R&D Innovation Summit
Back to Top