Top 3 Trends Driving the Custom Sputtering Targets Market in 2025

1. 📈 Steady Market Expansion in Sputtering Targets 

The global sputtering target market is seeing robust growth. In 2025, the market is projected at approximately USD 6.19 billion, rising to USD 8.56 billion by 2035, with a 4.5% CAGR. Alternative analyses report market values ranging from USD 3.7 billion in 2023 to USD 5.4 billion by 2030, growing at a 5.6% CAGR. The segment focused on thin-film deposition stood at USD 1.03 billion in 2024, projected to reach USD 1.34 billion by 2033 at a 3.0% CAGR. 

Drivers behind this growth include expanding semiconductor production, consumer electronics, solar and architectural glass markets, and the continued demand for coatings in automotive and aerospace sectors. Regionally, Asia–Pacific dominates, accounting for around 50% of the thin-film targets market, followed by North America (30%) and Europe (20%). 

2. ⚙️ Customized and Advanced Materials Fuel Demand 

The market for metal and alloy sputtering targets is expanding rapidly. In 2024, this segment reached USD 4.23 billion, and is expected to grow to USD 8.18 billion by 2033 (7.6% CAGR).Meanwhile, the broader target materials market is projected from USD 6.54 billion in 2024 to USD 14.64 billion by 2033, at a strong 9.4% CAGR. 

Growth is being driven by demand for ultra-high-purity, tailor-made materials for semiconductor logic and memory, display panels, thin-film solar cells, and touchscreens. Alloy targets (30% of the thin-film market) are particularly popular for optical coatings, while metal targets dominate in IC and data storage applications (~45%). More than 35% of manufacturers now source customized target compositions—a trend towards special alloys for energy-efficient coatings, transparent conductive films, and research-driven applications. 

3. 🔬 Innovation in Deposition Processes & Equipment Ecosystem 

Advances in deposition equipment and methods are expanding the requirements for specialized targets: 

The sputter deposition equipment market was valued at approximately USD 1.156 billion in 2025, projected to grow at a CAGR of 3.2% through 2033, driven by semiconductor miniaturization, aerospace, and automotive coatings. 

Use of magnetron and RF sputtering is growing due to its suitability for complex and high-performance materials. 

Government-backed semiconductor and renewable-energy investment—as well as adoption of thin-film technologies—are strengthening target demand, especially for customized materials. 

This evolving equipment landscape emphasizes the need for high-performance and custom material sputtering targets that can enhance adhesion, uniformity, and throughput. 

🔍 Summary