According to a market report by Lucintel, the future of the global high purity tungsten sputtering target market looks promising with opportunities in the memory chip and logic chip markets. The global high purity tungsten sputtering target market is expected to reach an estimated $89 million by 2030 from $67.2 billion in 2024, at a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing adoption in the semiconductor and solar cell manufacturing, increasing demand for electronic devices, and on-going advancements in nanotechnology.
A more than 150-page report to understand trends, opportunity and forecast in high purity tungsten sputtering target market to 2030 by type (8 inch and 12 inch), application (memory chip, logic chip, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that 12 inch is expected to witness the higher growth over the forecast period due to growing demand for advanced electronic devices, including AI, IoT, and 5G technology applications.
Within this market, memory chip is expected to witness the highest growth due to ITS high melting point, low resistivity, and excellent diffusion barrier properties.
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APAC is expected to witness highest growth over the forecast period due to rapid industralization, significantly growing solar industry, and the presence of major semiconductor manufacturing hubs in the region.
JX Metals, Tosoh, Honeywell, Linde, ULVAC, Materion, Umicore Materials are the major suppliers in the high purity tungsten sputtering target market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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