Sputtering Targets Driven by Robust Semiconductor Demand

TECHCET—the electronic materials advisory firm providing business and technology information— announced that the Semiconductor Sputtering Target market is expected to reach US$1.33 billion in 2022, up 7% from US$1.24 billion in 2021. Target suppliers are planning for 2023 deliveries to remain on track to meet high forecasted customer demand. TECHCET also forecasts a slight decline of -1.1% YoY for 2023, due to inventory corrections, as shown below.

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