Global Cobalt Sputtering Target Market Research Report 2025(Status and Outlook)

Report Overview

Cobalt sputtering targets are high-purity metallic materials used in physical vapor deposition (PVD) processes, primarily in thin-film coating applications for semiconductors, solar panels, and electronic displays. These targets are fabricated from refined cobalt or cobalt alloys, ensuring uniformity and consistency to produce high-performance thin films with precise electrical, magnetic, or corrosion-resistant properties. The market is driven by demand from the electronics industry, particularly in semiconductor manufacturing for advanced chip technologies, as well as from renewable energy sectors like photovoltaics, where cobalt films enhance efficiency and durability. However, the market faces challenges due to cobalt's price volatility, supply chain constraints linked to ethical sourcing concerns, and competition from alternative materials like nickel or copper alloys. Growth opportunities exist in emerging applications such as energy storage (e.g., solid-state batteries) and next-generation display technologies, while regional production shifts and recycling initiatives aim to mitigate supply risks. Regulatory pressures around conflict minerals further influence sourcing strategies, prompting manufacturers to invest in traceability and sustainable supply chains.

The global Cobalt Sputtering Target market size was estimated at USD 838.79 million in 2024, exhibiting a CAGR of 6.25% during the forecast period.

This report provides a deep insight into the global Cobalt Sputtering Target market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cobalt Sputtering Target Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cobalt Sputtering Target market in any manner.

Global Cobalt Sputtering Target Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

American Elements

Kurt J. Lesker

Goodfellow

NANOSHEL

Alfa Aesar

ALB Materials Inc

Stanford Advanced Materials

Otto Chemie Pvt Ltd

Changsha Xinkang Advanced Materials Corporation

Glentham Life Sciences

Market Segmentation (by Type)

Purity 99%

Purity 99.9%

Purity 99.99%

Purity 99.999%

Market Segmentation (by Application)

Semiconductor

Chemical Vapor Deposition

Physical Vapor Deposition

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Cobalt Sputtering Target Market

Overview of the regional outlook of the Cobalt Sputtering Target Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Cobalt Sputtering Target Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Cobalt Sputtering Target, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Cobalt Sputtering Target
1.2 Key Market Segments
1.2.1 Cobalt Sputtering Target Segment by Type
1.2.2 Cobalt Sputtering Target Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Cobalt Sputtering Target Market Overview
2.1 Global Market Overview
2.1.1 Global Cobalt Sputtering Target Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Cobalt Sputtering Target Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Cobalt Sputtering Target Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Cobalt Sputtering Target Product Life Cycle
3.3 Global Cobalt Sputtering Target Sales by Manufacturers (2020-2025)
3.4 Global Cobalt Sputtering Target Revenue Market Share by Manufacturers (2020-2025)
3.5 Cobalt Sputtering Target Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Cobalt Sputtering Target Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Cobalt Sputtering Target Market Competitive Situation and Trends
3.8.1 Cobalt Sputtering Target Market Concentration Rate
3.8.2 Global 5 and 10 Largest Cobalt Sputtering Target Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Cobalt Sputtering Target Industry Chain Analysis
4.1 Cobalt Sputtering Target Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Cobalt Sputtering Target Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Cobalt Sputtering Target Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Cobalt Sputtering Target Market
5.7 ESG Ratings of Leading Companies
6 Cobalt Sputtering Target Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Cobalt Sputtering Target Sales Market Share by Type (2020-2025)
6.3 Global Cobalt Sputtering Target Market Size Market Share by Type (2020-2025)
6.4 Global Cobalt Sputtering Target Price by Type (2020-2025)
7 Cobalt Sputtering Target Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Cobalt Sputtering Target Market Sales by Application (2020-2025)
7.3 Global Cobalt Sputtering Target Market Size (M USD) by Application (2020-2025)
7.4 Global Cobalt Sputtering Target Sales Growth Rate by Application (2020-2025)
8 Cobalt Sputtering Target Market Sales by Region
8.1 Global Cobalt Sputtering Target Sales by Region
8.1.1 Global Cobalt Sputtering Target Sales by Region
8.1.2 Global Cobalt Sputtering Target Sales Market Share by Region
8.2 Global Cobalt Sputtering Target Market Size by Region
8.2.1 Global Cobalt Sputtering Target Market Size by Region
8.2.2 Global Cobalt Sputtering Target Market Size Market Share by Region
8.3 North America
8.3.1 North America Cobalt Sputtering Target Sales by Country
8.3.2 North America Cobalt Sputtering Target Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Cobalt Sputtering Target Sales by Country
8.4.2 Europe Cobalt Sputtering Target Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Cobalt Sputtering Target Sales by Region
8.5.2 Asia Pacific Cobalt Sputtering Target Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Cobalt Sputtering Target Sales by Country
8.6.2 South America Cobalt Sputtering Target Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Cobalt Sputtering Target Sales by Region
8.7.2 Middle East and Africa Cobalt Sputtering Target Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Cobalt Sputtering Target Market Production by Region
9.1 Global Production of Cobalt Sputtering Target by Region(2020-2025)
9.2 Global Cobalt Sputtering Target Revenue Market Share by Region (2020-2025)
9.3 Global Cobalt Sputtering Target Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Cobalt Sputtering Target Production
9.4.1 North America Cobalt Sputtering Target Production Growth Rate (2020-2025)
9.4.2 North America Cobalt Sputtering Target Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Cobalt Sputtering Target Production
9.5.1 Europe Cobalt Sputtering Target Production Growth Rate (2020-2025)
9.5.2 Europe Cobalt Sputtering Target Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Cobalt Sputtering Target Production (2020-2025)
9.6.1 Japan Cobalt Sputtering Target Production Growth Rate (2020-2025)
9.6.2 Japan Cobalt Sputtering Target Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Cobalt Sputtering Target Production (2020-2025)
9.7.1 China Cobalt Sputtering Target Production Growth Rate (2020-2025)
9.7.2 China Cobalt Sputtering Target Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 American Elements
10.1.1 American Elements Basic Information
10.1.2 American Elements Cobalt Sputtering Target Product Overview
10.1.3 American Elements Cobalt Sputtering Target Product Market Performance
10.1.4 American Elements Business Overview
10.1.5 American Elements SWOT Analysis
10.1.6 American Elements Recent Developments
10.2 Kurt J. Lesker
10.2.1 Kurt J. Lesker Basic Information
10.2.2 Kurt J. Lesker Cobalt Sputtering Target Product Overview
10.2.3 Kurt J. Lesker Cobalt Sputtering Target Product Market Performance
10.2.4 Kurt J. Lesker Business Overview
10.2.5 Kurt J. Lesker SWOT Analysis
10.2.6 Kurt J. Lesker Recent Developments
10.3 Goodfellow
10.3.1 Goodfellow Basic Information
10.3.2 Goodfellow Cobalt Sputtering Target Product Overview
10.3.3 Goodfellow Cobalt Sputtering Target Product Market Performance
10.3.4 Goodfellow Business Overview
10.3.5 Goodfellow SWOT Analysis
10.3.6 Goodfellow Recent Developments
10.4 NANOSHEL
10.4.1 NANOSHEL Basic Information
10.4.2 NANOSHEL Cobalt Sputtering Target Product Overview
10.4.3 NANOSHEL Cobalt Sputtering Target Product Market Performance
10.4.4 NANOSHEL Business Overview
10.4.5 NANOSHEL Recent Developments
10.5 Alfa Aesar
10.5.1 Alfa Aesar Basic Information
10.5.2 Alfa Aesar Cobalt Sputtering Target Product Overview
10.5.3 Alfa Aesar Cobalt Sputtering Target Product Market Performance
10.5.4 Alfa Aesar Business Overview
10.5.5 Alfa Aesar Recent Developments
10.6 ALB Materials Inc
10.6.1 ALB Materials Inc Basic Information
10.6.2 ALB Materials Inc Cobalt Sputtering Target Product Overview
10.6.3 ALB Materials Inc Cobalt Sputtering Target Product Market Performance
10.6.4 ALB Materials Inc Business Overview
10.6.5 ALB Materials Inc Recent Developments
10.7 Stanford Advanced Materials
10.7.1 Stanford Advanced Materials Basic Information
10.7.2 Stanford Advanced Materials Cobalt Sputtering Target Product Overview
10.7.3 Stanford Advanced Materials Cobalt Sputtering Target Product Market Performance
10.7.4 Stanford Advanced Materials Business Overview
10.7.5 Stanford Advanced Materials Recent Developments
10.8 Otto Chemie Pvt Ltd
10.8.1 Otto Chemie Pvt Ltd Basic Information
10.8.2 Otto Chemie Pvt Ltd Cobalt Sputtering Target Product Overview
10.8.3 Otto Chemie Pvt Ltd Cobalt Sputtering Target Product Market Performance
10.8.4 Otto Chemie Pvt Ltd Business Overview
10.8.5 Otto Chemie Pvt Ltd Recent Developments
10.9 Changsha Xinkang Advanced Materials Corporation
10.9.1 Changsha Xinkang Advanced Materials Corporation Basic Information
10.9.2 Changsha Xinkang Advanced Materials Corporation Cobalt Sputtering Target Product Overview
10.9.3 Changsha Xinkang Advanced Materials Corporation Cobalt Sputtering Target Product Market Performance
10.9.4 Changsha Xinkang Advanced Materials Corporation Business Overview
10.9.5 Changsha Xinkang Advanced Materials Corporation Recent Developments
10.10 Glentham Life Sciences
10.10.1 Glentham Life Sciences Basic Information
10.10.2 Glentham Life Sciences Cobalt Sputtering Target Product Overview
10.10.3 Glentham Life Sciences Cobalt Sputtering Target Product Market Performance
10.10.4 Glentham Life Sciences Business Overview
10.10.5 Glentham Life Sciences Recent Developments
11 Cobalt Sputtering Target Market Forecast by Region
11.1 Global Cobalt Sputtering Target Market Size Forecast
11.2 Global Cobalt Sputtering Target Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Cobalt Sputtering Target Market Size Forecast by Country
11.2.3 Asia Pacific Cobalt Sputtering Target Market Size Forecast by Region
11.2.4 South America Cobalt Sputtering Target Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Cobalt Sputtering Target by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Cobalt Sputtering Target Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Cobalt Sputtering Target by Type (2026-2033)
12.1.2 Global Cobalt Sputtering Target Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Cobalt Sputtering Target by Type (2026-2033)
12.2 Global Cobalt Sputtering Target Market Forecast by Application (2026-2033)
12.2.1 Global Cobalt Sputtering Target Sales (K Units) Forecast by Application
12.2.2 Global Cobalt Sputtering Target Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

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