DUBLIN, Nov. 02, 2022 (GLOBE NEWSWIRE) — The “Global Metal Sputtering Targets Market by Type, Application, Estimate and Forecast, 2017-2030” Report has been added ResearchAndMarkets.com Offer.
The global metal sputtering target materials market is valued at US$3153.9 million in 2021 and is projected to generate US$5472.7 million in revenue by 2030 at a CAGR of 6.56% over the forecast period 2022-2030 .
According to the latest report, the global metal sputtering market size has been set at 1,39,214 tons in 2021 and is projected to grow at a CAGR of 6.19% in the coming years.
In recent years there has been a growing demand for metal sputtering target material as it is a fast and clean method of producing thin films. Metal sputtering also offers attractive options for synthesizing high-quality layers with tailor-made properties. Copper is one of the most commonly used metals for sputtering targets due to its high electrical conductivity and ability to form very small defects. Materials used for sputtering can include plastics and other polymers, zinc, aluminum, magnesium, and tin.
Investment in metal sputtering technology is booming as materials scientists and engineers explore new ways to produce fine, high-quality textured films and particles. One such material is a nickel-titanium alloy (NiTi), which has exceptional mechanical properties and can be used to make aircraft parts, among other things.
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