BCC Research has released a new market research report titled ‘Sputtering Targets and Sputtered Films: Technology and Markets’.
As per the report, the worldwide sputtering targets market could attain $3.3 billion in sales in 2011 and reach approximately $5.9 billion in 2015 at a five-year CAGR of 12.3%. The report discusses the worldwide market for sputtering targets and sputtered films in terms of target units consumed, weight of material consumed and total area coated.
The report predicts that the total area coated would achieve 1.8 billion m2 in 2016, an increase from the 2011 value of over 1.2 billion m2, at a CAGR of 8.6%. The total mass of target material used in 2011 was 7,550 metric tons and the value is expected to reach 13,101 metric tons in 2016 at a CAGR of 11.7%. The quantity of target units would increase from the 2011 value of 1.2 million to the 2016 value of over 1.7 million at a CAGR of 8.4%.
Sputtering enables the production of numerous kinds of films used in food packaging, life science, optical coatings, electronics, energy, chemical and mechanical. Sputtered films quality relies on properties and configuration of important raw materials and the targets employed, in addition to device and process conditions such as temperature and vacuum.
Target qualities, including distribution, grain size, shape, density and purity, have direct impact on the sputtered film’s microstructure at the atomic level. Sputtering represents a 20% share in the $50 billion worth global thin film technologies market. The demand for part miniaturization is the main growth factor for sputtering.