The Global Planar Molybdenum Target Market was valued at US$ 352 Million in 2024 and is projected to reach US$ 638 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 9.0% during the forecast period (2024–2032). This growth is driven by rising demand for semiconductors, display panels, and thin-film solar cells across industries like electronics, automotive, and energy.
As semiconductor and photovoltaic manufacturers push for higher efficiency and miniaturization, stringent quality requirements have intensified competition among molybdenum target suppliers. In this blog, we profile the Top 10 Companies in the Planar Molybdenum Target Industry—specialists in high-purity materials and precision manufacturing for next-generation applications.
🔟 1. HC Starck (part of Masan High-Tech Materials)
Headquarters: Goslar, Germany
Key Offering: 99.95%-99.99% purity molybdenum targets
HC Starck is a globally recognized supplier of high-performance molybdenum targets with vertically integrated production from powder metallurgy to finished products. Their targets are widely used in semiconductor fabrication and flat panel display manufacturing.
Recent Developments:
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Expanded production capacity in Vietnam for Asian markets
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Developed specialized grain-controlled Mo targets for <5nm nodes
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Patent-pending doping technologies to enhance sputtering efficiency
Download FREE Sample Report: Planar Molybdenum Target Market – View in Detailed Research Report
9️⃣ 2. Nexteck
Headquarters: Zhuhai, China
Key Offering: Ultra-high purity (5N) molybdenum targets
Nexteck specializes in advanced target materials for semiconductor and display applications. The company operates one of Asia’s largest production bases with ISO Class 1000 clean rooms.
Recent Developments:
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Secured supply contracts with major Chinese foundries
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Developed proprietary HIP (Hot Isostatic Pressing) technology
8️⃣ 3. JX Metals (JX Nippon Mining & Metals)
Headquarters: Tokyo, Japan
<极祌Offerin构" High-density molybdenum targets for EUV lithography
Part of Japan’s Eneos Holdings, JX Metals leads in ultra-pure molybdenum technology with specialized offerings for cutting-edge semiconductor nodes (3nm and below).
Recent Developments:
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Expanded production of low-alpha particle emission Mo targets
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Strategic alliance with TSMC for next-gen target solutions
7️⃣ 4. Plansee Group
Headquarters: Reutte, Austria
Key Offering: Custom-engineered molybdenum components
With over 100 years of materials expertise, Plansee manufactures high-performance molybdenum targets for aerospace, semiconductor, and industrial applications.
Recent Developments:
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Launched recyclable molybdenum target program
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Developed novel alloy targets for improved thin-film uniformity
Download FREE Sample Report: Planar Molybdenum Target Market – View in Detailed Research Report
6️⃣ 5. Acetron New Materials
Headquarters: Kunshan, China
Key Offering: Cost-effective Mo targets for volume production
Acetron specializes in standard and customized molybdenum targets serving China’s rapidly growing display panel industry.
Recent Developments:
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Implemented automated production lines
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Expended R&D center for advanced sputtering materials
5️⃣ 6. Sujing Electronic Material
Headquarters: Xi’an, China
Key Offering: Specialty molybdenum alloy targets
Sujing focuses on advanced material solutions for OLED and microLED display applications with strong technical support capabilities.
Recent Developments:
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Pioneered new Mo-Nb alloy targets
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Collaborating with BOE on next-gen display materials
4️⃣ 7. Fonlink Photoelectric
Headquarters: Shanghai, China
Key Offering: Large-format Mo targets (up to 4m length)
Fonlink specializes in oversize molybdenum targets for Gen 8.5+ panel production lines and industrial coating applications.
Recent Developments:
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Developed segmented target bonding technology
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Expanded service network across Southeast Asia
3️⃣ 8. Achemetal Tungsten & Molybdenum
Headquarters: Luoyang, China
Achemetal provides complete molybdenum target packages including backing plates and cooling systems for turnkey installations. Recent Developments: Introduced water-cooled Mo target assemblies Certified supplier for multiple solar cell manufacturers Headquarters: Ningbo, China OMAT serves the academic and R&D sectors with small-format, high-purity molybdenum targets at competitive prices. Recent Developments: Launched quick-ship standard product line Expanded distribution in North America Headquarters: Shenzhen, China Longhua specializes in molybdenum targets for precision optical applications including AR/VR lenses and camera modules. Recent Developments: Developed ultra-smooth surface finishing technology Strategic cooperation with leading optics manufacturers Read Full Report: Planar Molybdenum Target Market – View in Detailed Research Report The planar molybdenum target market is experiencing sustained growth as digital transformation accelerates across industries. Emerging applications in AI chips, advanced displays, and next-gen solar cells are creating new opportunities for material innovators. Increasing purity requirements (from 4N to 5N+) for advanced semiconductor nodes Growing adoption in perovskite solar cell manufacturing Shift toward larger target sizes for Gen 10.5 display production Development of nanostructured targets for higher sputtering yields Read Full Report: Planar Molybdenum Target Market – View in Detailed Research Report The companies profiled are at the forefront of materials innovation, enabling next-generation technologies that power our digital world.
2️⃣ 9. OMAT Advanced Materials
Key Offering: Budget-friendly Mo targets for research labs
1️⃣ 10. Longhua Technology
Key Offering: Mo targets for optical coatings
🔍 Outlook: The Future of Planar Molybdenum Targets
📈 Key Market Trends:
