Copper Sputtering Target Market (By Technique: Copper sputtering target with low purity, Copper sputtering target with high purity, Ultra-high copper sputtering; By Application: Semiconductors, Solar Cells, LCD Displays, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global copper sputtering target market size was estimated at USD 915 million in 2022 and it is expected to hit around USD 1,483.3 million by 2032, poised to grow at a CAGR of 5% during the forecast period from 2023 to 2032.
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Sputtering targets are materials that are subjected to physical vapor deposition (PVD), a process that involves the high-velocity ejection of atoms from solids. The atoms that are ejected after depositing on the workpiece produce a thin film coating with beneficial properties. There is a transfer of momentum that occurs when high-energy ions collide with the atoms of the target substance. Multiple collisions can occur at times. Due to long-distance flight, the ions occasionally lose energy. If the energy of the ions travelling to the target is higher than the energy of the bonds holding the atoms of the target material together, the colliding atoms will detach from the target material, a process known as sputtering. And the production of thin coatings on the target that range in thickness from a few nanometers to a few micrometres occurs during copper sputtering, a sort of deposition technique.
Gaseous atoms are released when the target materials split apart. These thermodynamically unstable atoms often live on a surface in a vacuum. The thin film is a coating of atoms that is formed on the target and is a micrometre thick. Using copper sputtering targets, the semiconductor and solar industries manufacture solar cells and other electrical devices. Using the sputtering method, a thin layer of an ultra-pure metallic or oxide substance can be deposited on another solid material. A component capable of high-speed computer operation is now being developed using copper sputtering targets with low electric resistance. The copper sputtering target’s normal grain size is around 30 m, and 17% of the heterogeneities are formed by annealing at a temperature of 0.4 Tm in order to achieve uniformity in the thin layer that is created. Gases including krypton, xenon, neon, and argon are used in the copper sputtering procedure. Copper sputtering targets can be set up from projects in research and development to production teams, covering medium to large substrate regions, for effective energy directed to the target mass.
Report Coverage | Details |
Market Size in 2023 | USD 915 Million |
Market Size By 2032 | USD 1,483.3 Million |
Growth Rate from 2023 to 2032 | CAGR of 5% |
Base Year |
2022 |
Forecast Period |
2023 to 2032 |
Largest Market | North America |
By Technique |
|
By Application |
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Regions Covered |
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Driver: Increased use of copper as a sputtering target for semiconductor chips will fuel industry expansion.
The use of copper-sputtering targets for semiconductor devices is predicted to rise during the time of the projection, fueling expansion in the global market for copper-sputtering targets. The sputtering target is used to create the barrier layer and the packaging metal wiring layer. The metal grid, barrier layer, and conductive layer of the wafer are produced largely using the target material throughout the wafer manufacturing process. Using the sputtering target material, the chip packaging method produces the wiring layer, the metal layer behind the bump, and other metal parts. Despite the small number of target materials used in wafer manufacturing and chip packaging, according to SEMI figures, their cost accounts for around 3% of the total cost of the wafer manufacturing and packaging process. Sputtering target materials are one of the primary raw materials used in the production of semiconductors because they directly affect the uniformity and performance of the conductive layer and barrier layer as well as chip transmission speed and stability.
Restraint: The market's growth is hampered by the challenge of uniformly setting targets for complicated structures.
Two of the major obstacles for the worldwide copper sputtering business are the inability to reliably place targets with complex geometries and the sluggish deposition rate for specific materials in the sputtering target technology. The technological advancements and innovations produced by both established and upcoming producers in the copper-sputtering target market are also expected to hasten the resolution of these issues.
Opportunity: Consumer electronics semiconductor advancements offer a significant prospect for market expansion.
The development of semiconductors for consumer devices like smartphones, tablets, and laptops is likely to assist the growth of the global copper-sputtering target market during the forecasted period. For instance, IBM introduced strides in the design and manufacturing of semiconductors in May 2021 when it unveiled the first chip in the world to use 2 nm Nano sheet technology. Almost every area of modern life uses semiconductors, including computing, appliances, communications, transportation, and essential infrastructure. Improved chip performance and energy efficiency are in high demand, especially in the era of hybrid clouds, AI, and the Internet of Things. IBM has created cutting-edge 2-nanometer chip technology to help the semiconductor industry keep up with this growing demand. It is projected to perform 45% better or consume 75% less energy than the most recent 7 nm node products. As a result, these improvements in the business offer a lucrative opportunity for market expansion.
Impact of COVID-19
The COVID-19 outbreak has significantly harmed the world's social and economic institutions. The target market for copper sputtering is among the many value and supply chains that have been affected by the disease. Authorities enforced lockdowns at several locations. To determine how the COVID-19 outbreak has impacted the global market, we will consider both supply and demand.
An outline of the COVID-19 pandemic's immediate and long-term repercussions would be provided. During and after the outbreak, this would assist in the development of business strategies for all market players, including vendors, producers, distributors, suppliers, and end users.
Numerous industries, including oil & gas, manufacturing, retail, and others suffered greatly as a result of the government's strict global lockdown implemented in response to the COVID-19 epidemic. Additionally, the disruption in the supply networks for goods and services limits market expansion. Similarly to this, the COVID-19 pandemic negatively impacted the copper-sputtering target market due to several factors, such as a shortage of raw materials and a drop in semiconductor industry revenue. Both the supply and demand sides of COVID-19 have had a significant impact on the semiconductor industry. Semiconductor foundries were forced to shut down due to a brief mismatch in demand from the consumer electronics industry. The supply chain interruption had an immediate effect on lead times, backlog obligations, forecasts, costs, and personnel management. The COVID-19 pandemic, therefore, had only a little negative effect on the growth of the copper-sputtering target market.
Based on techniques copper sputtering is divided into copper sputtering with low purity, copper sputtering with high purity, and ultra-high-copper sputtering.
This market is divided into Solar cells, LCD displays, semiconductors, Solar Cells, LCD Displays and others.
Given the rising demand for semiconductors, solar cells, and LCDs, North America is expected to have significant growth in the global copper-sputtering target market.
The market is expanding in Europe as a result of rising demand for high-purity items such as copper sputtering targets with ultra-high purity. Due to the rising demand for copper sputtering targets across a range of industries, including semiconductors, LCDs, solar cells, and others, the Asia Pacific is anticipated to experience considerable expansion over the course of the projected period.
Segments Covered in the Report
By Technique
By Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Copper Sputtering Target Market
5.1. COVID-19 Landscape: Copper Sputtering Target Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Copper Sputtering Target Market, By Technique
8.1. Copper Sputtering Target Market, by Technique, 2023-2032
8.1.1. Copper sputtering target with low purity
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.2. Copper sputtering target with high purity
8.1.2.1. Market Revenue and Forecast (2021-2032)
8.1.3. Ultra-high copper sputtering
8.1.3.1. Market Revenue and Forecast (2021-2032)
Chapter 9. Global Copper Sputtering Target Market, By Application
9.1. Copper Sputtering Target Market, by Application, 2023-2032
9.1.1. Semiconductors
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.2. Solar Cells
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.3. LCD Displays
9.1.3.1. Market Revenue and Forecast (2021-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2021-2032)
Chapter 10. Global Copper Sputtering Target Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Technique (2021-2032)
10.1.2. Market Revenue and Forecast, by Application (2021-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.1.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.1.4.2. Market Revenue and Forecast, by Application (2021-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Technique (2021-2032)
10.2.2. Market Revenue and Forecast, by Application (2021-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.2.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.2.4.2. Market Revenue and Forecast, by Application (2021-2032)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Technique (2021-2032)
10.2.5.2. Market Revenue and Forecast, by Application (2021-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Technique (2021-2032)
10.2.6.2. Market Revenue and Forecast, by Application (2021-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.3.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.3.4.2. Market Revenue and Forecast, by Application (2021-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Technique (2021-2032)
10.3.5.2. Market Revenue and Forecast, by Application (2021-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Technique (2021-2032)
10.3.6.2. Market Revenue and Forecast, by Application (2021-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.4.2. Market Revenue and Forecast, by Application (2021-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.4.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.4.4.2. Market Revenue and Forecast, by Application (2021-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Technique (2021-2032)
10.4.5.2. Market Revenue and Forecast, by Application (2021-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Technique (2021-2032)
10.4.6.2. Market Revenue and Forecast, by Application (2021-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Technique (2021-2032)
10.5.2. Market Revenue and Forecast, by Application (2021-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Technique (2021-2032)
10.5.3.2. Market Revenue and Forecast, by Application (2021-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Technique (2021-2032)
10.5.4.2. Market Revenue and Forecast, by Application (2021-2032)
Chapter 11. Company Profiles
11.1. KFMI
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Honeywell Electronic Materials
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. JX Nippon
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Praxair
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. KJLC
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Tosoh
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. China New Metal Materials
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. KJLC
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Sumitomo Chemical Com-pang
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. KJLC
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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