The sputter coating market for pure target material segment is expected to grow at the highest CAGR of 6.26% between 2015 and 2020 owing to the increasing coating applications in silicon wafer process, display panels in mobiles tablets, LCD screen, data storage devices, and thin coating for various cutting tools. Complete report on sputter coating market spread across 157 pages, profiling 17 companies and supported with 70 tables and 62 figures is now available at http://www.rnrmarketresearch.com/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-2-market-report.html .
In sputter coating market, the fastest-growing segment is optical coating application, which is expected to grow at a CAGR of 10.17% between 2015 and 2020. The increase in the demand for high precision durables in military, medical, laser optics, and consumer electronics (smart phones, tablets, LCD, digital camera) is driving market.
The APAC region dominates the sputter coating market, as the APAC region is the largest market for the consumer electronics devices such as mobile phone, LCDs, tablets, laptops, and automobiles. The sputter coating has wide application in different sectors like medical, aerospace, automobile, optics, electronics, energy, and others for thin-film deposition, etching of targets and surface treatments for products such as optical devices, liquid crystal display (LCD), photovoltaic devices, display panel, touch panel, solar cells, and semiconductors. As the demand and consumption for these products have significantly increased; it has, in turn, resulted in the increased demand for sputter coating.
The report predicts that the sputter coating market is witnessing high growth; it is expected to grow at a CAGR of 5.18% between 2015 and 2020. The report provides the market size (in terms of USD million) and forecast of sputter coating market with broader segmentation, by Target Material (pure material, alloy and compound), Substrate (metal & dielectric, glass, plastic, semiconductors), Application (architecture, electronics, optical, tribological & decorative coating), and Region (North America, Europe, APAC, and RoW).
Sputter coating is one of the most popular processes for thin-films deposition. In sputtering material is ejected from a target and is deposited on a substrate such as a silicon wafer, display panel, and optical film. The target is the source material. Substrates are placed in a vacuum chamber and are pumped down to a prescribed process pressure. Sputter coatings have been in use for many years, and its importance has been growing with the increasing level of industrialization and the growing demand for semiconductor circuits and other electronic devices.
Coating technology is increasingly gaining importance in various industries depending on its application. In electronics, there is a shift from microelectronics to nano electronics which requires development and coating of smaller components. At the same time, there is a high demand for cost-effective and environmentally friendly coating. This has resulted in the rise in the demand for sputter coating.
The major players involved in the development of sputter coating market are 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), and Plansee (Austria). Make an Inquiry on “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” research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=414513 .
On a related note, another research titled Optical Coating Market Trends and Forecasts to 2020 says, the global optical coatings market is projected to reach USD 10.17 billion by 2020, registering a CAGR of 7.1% from 2015 to 2020. Asia-Pacific, the fastest growing market for optical coatings. China dominates the optical coatings market in Asia-Pacific. Companies like DuPont (U.S.), ZEISS Group (Germany), PPG Industries (U.S.), Inrad Optics (U.S.), Reynard Corporation (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), Newport Corporation (U.S.), II-VI Optical Systems (U.S.), Artemis Optical Ltd. (U.K.), and Abrisa Technologies (U.S.) have been profiled in this 165 pages research report available at http://www.rnrmarketresearch.com/optical-coating-market-by-technology-iad-e-beam-evaporation-sputtering-process-and-vacuum-deposition-by-type-end-use-industry-by-region-trends-and-forecasts-to-2020-market-report.html .
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