Global Solar Sputtering Targets market cagr 3.80%

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Solar Sputtering Targets Market

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Solar Sputtering Targets Market Size and Growth

The Solar Sputtering Targets market is experiencing steady growth, driven by increased demand for thin-film solar cells. Current market size is estimated at approximately $500 million, with a compound annual growth rate (CAGR) of 6% expected through 2028. Key factors include technological advancements and rising investments in renewable energy. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Praxair

◍ Plansee SE

◍ Mitsui Mining & Smelting

◍ ULVAC

◍ Materion (Heraeus)

◍ TOSOH

◍ Ningbo Jiangfeng

◍ Luoyang Sifon Electronic Materials

The solar sputtering targets market features key players like Praxair, Plansee SE, Mitsui Mining & Smelting, ULVAC, Materion, TOSOH, Ningbo Jiangfeng, and Luoyang Sifon. These companies drive market growth through innovative materials, advanced manufacturing processes, and increased production capacity, contributing to the expanding solar energy sector.

Sales Revenue Highlights:

- Praxair: $12.5 billion

- ULVAC: $2.7 billion

- Materion: $1 billion

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Market Segmentation

By Application

◍ CdTe Thin-film Solar Cells

◍ CIS/CIGS Thin-film Solar Cells

◍ a-Si Thin-film Solar Cells

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By Product

Metal Target

Alloy Target

Ceramic Compound Target

Market Growth

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$ 2.20 Billion

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