The global market for High Purity Precious Metals Target was estimated to be worth US$ 378 million in 2024 and is forecast to a readjusted size of US$ 879 million by 2031 with a CAGR of 9.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on High Purity Precious Metals Target cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
High-Purity Precious Metal Sputtering Target refers to a specialized solid material, typically in disc or rectangular form, composed of precious metals (such as gold, silver, platinum, palladium, etc.) with an extremely high level of purity, often 99.99% (4N) to 99.999% (5N) or even higher. These targets are the critical raw material used in sputtering, a Physical Vapor Deposition (PVD) process. During sputtering, energetic ions bombard the target, causing atoms of the precious metal to be ejected and subsequently condense onto a substrate, forming a thin, uniform film. The ultra-high purity is crucial because even trace impurities can significantly compromise the electrical, optical, and mechanical properties of the deposited thin film, which are vital for advanced applications in semiconductors, flat-panel displays, solar cells, optical coatings, and various high-tech electronic devices.
The global high purity precious metals target market is growing rapidly, with Asia-Pacific leading due to strong semiconductor and electronics production in countries like China, Japan, South Korea, and Taiwan. North America and Europe remain important markets, driven by advanced manufacturing, aerospace, and renewable energy sectors. Emerging regions, such as Southeast Asia and India, are also showing strong growth potential as technology adoption accelerates.
Market trends are supported by the expansion of the semiconductor industry, increasing adoption of thin-film technologies, and growing demand in display panels, solar energy systems, and advanced sensors. The global shift toward miniaturization and high-performance devices further drives the need for ultra-pure materials to achieve superior film quality and conductivity. Additional growth drivers include 5G deployment, AI and IoT applications, and the rising penetration of electric vehicles, which require efficient and reliable electronic components.
However, the market faces challenges such as volatile raw material prices, which significantly influence production costs and profit margins. Prices of precious metals target like gold, silver, and platinum are highly sensitive to global economic conditions, currency fluctuations, and geopolitical uncertainties. Events such as the Russia-Ukraine conflict, inflationary pressures, and monetary policy changes can cause sharp price swings. Furthermore, increased investment demand for precious metals target as safe-haven assets during economic uncertainty puts additional upward pressure on prices, directly impacting target material costs. Limited availability of high-purity metals and rising energy costs associated with refining and manufacturing also contribute to price volatility.
Supply chain disruptions, geopolitical risks, and strict environmental regulations further add complexity, particularly in sourcing raw materials and maintaining stable distribution networks. These factors make pricing a critical consideration for both manufacturers and end-users when planning procurement strategies and long-term projects.
In future, the outlook for high purity precious metals target remains positive despite these challenges. Continuous advancements in semiconductor technology, renewable energy adoption, and next-generation electronics will sustain demand. Innovation in refining techniques, recycling initiatives, and strategic partnerships will be essential to manage cost pressures and ensure a stable supply. Overall, the market is poised for sustained growth, driven by the increasing need for high-purity materials across advanced industries worldwide.
This report aims to provide a comprehensive presentation of the global market for High Purity Precious Metals Target, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High Purity Precious Metals Target by region & country, by Type, and by Application.
The High Purity Precious Metals Target market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Precious Metals Target.
Market Segmentation
By Company
- Materion
- Solar Applied Materials
- Tanaka Precious Metals
- FURAYA Metals Co., Ltd
- Umicore
- Angstrom Sciences
- GRIKIN
- ULVAC
- KJLC
- Sumitomo Chemical
- Others
Segment by Type
- Gold Target
- Sliver Target
- Platinum Target
Segment by Application
- Semiconductor & Electronics
- Display Technology
- Other
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of High Purity Precious Metals Target manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of High Purity Precious Metals Target in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of High Purity Precious Metals Target in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 High Purity Precious Metals Target Product Introduction
- 1.2 Global High Purity Precious Metals Target Market Size Forecast
- 1.2.1 Global High Purity Precious Metals Target Sales Value (2020-2031)
- 1.2.2 Global High Purity Precious Metals Target Sales Volume (2020-2031)
- 1.2.3 Global High Purity Precious Metals Target Sales Price (2020-2031)
- 1.3 High Purity Precious Metals Target Market Trends & Drivers
- 1.3.1 High Purity Precious Metals Target Industry Trends
- 1.3.2 High Purity Precious Metals Target Market Drivers & Opportunity
- 1.3.3 High Purity Precious Metals Target Market Challenges
- 1.3.4 High Purity Precious Metals Target Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global High Purity Precious Metals Target Players Revenue Ranking (2024)
- 2.2 Global High Purity Precious Metals Target Revenue by Company (2020-2025)
- 2.3 Global High Purity Precious Metals Target Players Sales Volume Ranking (2024)
- 2.4 Global High Purity Precious Metals Target Sales Volume by Company Players (2020-2025)
- 2.5 Global High Purity Precious Metals Target Average Price by Company (2020-2025)
- 2.6 Key Manufacturers High Purity Precious Metals Target Manufacturing Base and Headquarters
- 2.7 Key Manufacturers High Purity Precious Metals Target Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of High Purity Precious Metals Target
- 2.9 High Purity Precious Metals Target Market Competitive Analysis
- 2.9.1 High Purity Precious Metals Target Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by High Purity Precious Metals Target Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in High Purity Precious Metals Target as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Gold Target
- 3.1.2 Sliver Target
- 3.1.3 Platinum Target
- 3.2 Global High Purity Precious Metals Target Sales Value by Type
- 3.2.1 Global High Purity Precious Metals Target Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global High Purity Precious Metals Target Sales Value, by Type (2020-2031)
- 3.2.3 Global High Purity Precious Metals Target Sales Value, by Type (%) (2020-2031)
- 3.3 Global High Purity Precious Metals Target Sales Volume by Type
- 3.3.1 Global High Purity Precious Metals Target Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global High Purity Precious Metals Target Sales Volume, by Type (2020-2031)
- 3.3.3 Global High Purity Precious Metals Target Sales Volume, by Type (%) (2020-2031)
- 3.4 Global High Purity Precious Metals Target Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Semiconductor & Electronics
- 4.1.2 Display Technology
- 4.1.3 Other
- 4.2 Global High Purity Precious Metals Target Sales Value by Application
- 4.2.1 Global High Purity Precious Metals Target Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global High Purity Precious Metals Target Sales Value, by Application (2020-2031)
- 4.2.3 Global High Purity Precious Metals Target Sales Value, by Application (%) (2020-2031)
- 4.3 Global High Purity Precious Metals Target Sales Volume by Application
- 4.3.1 Global High Purity Precious Metals Target Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global High Purity Precious Metals Target Sales Volume, by Application (2020-2031)
- 4.3.3 Global High Purity Precious Metals Target Sales Volume, by Application (%) (2020-2031)
- 4.4 Global High Purity Precious Metals Target Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global High Purity Precious Metals Target Sales Value by Region
- 5.1.1 Global High Purity Precious Metals Target Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global High Purity Precious Metals Target Sales Value by Region (2020-2025)
- 5.1.3 Global High Purity Precious Metals Target Sales Value by Region (2026-2031)
- 5.1.4 Global High Purity Precious Metals Target Sales Value by Region (%), (2020-2031)
- 5.2 Global High Purity Precious Metals Target Sales Volume by Region
- 5.2.1 Global High Purity Precious Metals Target Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global High Purity Precious Metals Target Sales Volume by Region (2020-2025)
- 5.2.3 Global High Purity Precious Metals Target Sales Volume by Region (2026-2031)
- 5.2.4 Global High Purity Precious Metals Target Sales Volume by Region (%), (2020-2031)
- 5.3 Global High Purity Precious Metals Target Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America High Purity Precious Metals Target Sales Value, 2020-2031
- 5.4.2 North America High Purity Precious Metals Target Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe High Purity Precious Metals Target Sales Value, 2020-2031
- 5.5.2 Europe High Purity Precious Metals Target Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific High Purity Precious Metals Target Sales Value, 2020-2031
- 5.6.2 Asia Pacific High Purity Precious Metals Target Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America High Purity Precious Metals Target Sales Value, 2020-2031
- 5.7.2 South America High Purity Precious Metals Target Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa High Purity Precious Metals Target Sales Value, 2020-2031
- 5.8.2 Middle East & Africa High Purity Precious Metals Target Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions High Purity Precious Metals Target Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions High Purity Precious Metals Target Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions High Purity Precious Metals Target Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions High Purity Precious Metals Target Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States High Purity Precious Metals Target Sales Value, 2020-2031
- 6.3.2 United States High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe High Purity Precious Metals Target Sales Value, 2020-2031
- 6.4.2 Europe High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China High Purity Precious Metals Target Sales Value, 2020-2031
- 6.5.2 China High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan High Purity Precious Metals Target Sales Value, 2020-2031
- 6.6.2 Japan High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea High Purity Precious Metals Target Sales Value, 2020-2031
- 6.7.2 South Korea High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia High Purity Precious Metals Target Sales Value, 2020-2031
- 6.8.2 Southeast Asia High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India High Purity Precious Metals Target Sales Value, 2020-2031
- 6.9.2 India High Purity Precious Metals Target Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India High Purity Precious Metals Target Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Materion
- 7.1.1 Materion Company Information
- 7.1.2 Materion Introduction and Business Overview
- 7.1.3 Materion High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Materion High Purity Precious Metals Target Product Offerings
- 7.1.5 Materion Recent Development
- 7.2 Solar Applied Materials
- 7.2.1 Solar Applied Materials Company Information
- 7.2.2 Solar Applied Materials Introduction and Business Overview
- 7.2.3 Solar Applied Materials High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Solar Applied Materials High Purity Precious Metals Target Product Offerings
- 7.2.5 Solar Applied Materials Recent Development
- 7.3 Tanaka Precious Metals
- 7.3.1 Tanaka Precious Metals Company Information
- 7.3.2 Tanaka Precious Metals Introduction and Business Overview
- 7.3.3 Tanaka Precious Metals High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Tanaka Precious Metals High Purity Precious Metals Target Product Offerings
- 7.3.5 Tanaka Precious Metals Recent Development
- 7.4 FURAYA Metals Co., Ltd
- 7.4.1 FURAYA Metals Co., Ltd Company Information
- 7.4.2 FURAYA Metals Co., Ltd Introduction and Business Overview
- 7.4.3 FURAYA Metals Co., Ltd High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 FURAYA Metals Co., Ltd High Purity Precious Metals Target Product Offerings
- 7.4.5 FURAYA Metals Co., Ltd Recent Development
- 7.5 Umicore
- 7.5.1 Umicore Company Information
- 7.5.2 Umicore Introduction and Business Overview
- 7.5.3 Umicore High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Umicore High Purity Precious Metals Target Product Offerings
- 7.5.5 Umicore Recent Development
- 7.6 Angstrom Sciences
- 7.6.1 Angstrom Sciences Company Information
- 7.6.2 Angstrom Sciences Introduction and Business Overview
- 7.6.3 Angstrom Sciences High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Angstrom Sciences High Purity Precious Metals Target Product Offerings
- 7.6.5 Angstrom Sciences Recent Development
- 7.7 GRIKIN
- 7.7.1 GRIKIN Company Information
- 7.7.2 GRIKIN Introduction and Business Overview
- 7.7.3 GRIKIN High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 GRIKIN High Purity Precious Metals Target Product Offerings
- 7.7.5 GRIKIN Recent Development
- 7.8 ULVAC
- 7.8.1 ULVAC Company Information
- 7.8.2 ULVAC Introduction and Business Overview
- 7.8.3 ULVAC High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 ULVAC High Purity Precious Metals Target Product Offerings
- 7.8.5 ULVAC Recent Development
- 7.9 KJLC
- 7.9.1 KJLC Company Information
- 7.9.2 KJLC Introduction and Business Overview
- 7.9.3 KJLC High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 KJLC High Purity Precious Metals Target Product Offerings
- 7.9.5 KJLC Recent Development
- 7.10 Sumitomo Chemical
- 7.10.1 Sumitomo Chemical Company Information
- 7.10.2 Sumitomo Chemical Introduction and Business Overview
- 7.10.3 Sumitomo Chemical High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Sumitomo Chemical High Purity Precious Metals Target Product Offerings
- 7.10.5 Sumitomo Chemical Recent Development
- 7.11 Others
- 7.11.1 Others Company Information
- 7.11.2 Others Introduction and Business Overview
- 7.11.3 Others High Purity Precious Metals Target Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Others High Purity Precious Metals Target Product Offerings
- 7.11.5 Others Recent Development
8 Industry Chain Analysis
- 8.1 High Purity Precious Metals Target Industrial Chain
- 8.2 High Purity Precious Metals Target Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 High Purity Precious Metals Target Sales Model
- 8.5.2 Sales Channel
- 8.5.3 High Purity Precious Metals Target Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer