The Global Sputtering Targets for Solar Cells Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 2.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period (2024-2030). This expansion is driven by rising solar energy adoption, advancements in thin-film photovoltaic technologies, and increasing demand for high-efficiency solar modules across residential, commercial and utility-scale applications.

As the solar industry pushes for greater efficiency and lower Levelized Cost of Energy (LCOE), sputtering targets have become critical components in deposition processes. This report profiles the Top 10 Companies in the Sputtering Targets for Solar Cells Market – from specialized materials providers to global metallurgical corporations enabling next-generation solar manufacturing.

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🔟 1. Plansee Group

Headquarters: Reutte, Austria
Key Offering: Molybdenum, Tungsten, and Tantalum Targets

Plansee leads in refractory metal solutions, manufacturing high-purity sputtering targets essential for both conductive and barrier layers in photovoltaic cell production.

Technology Leadership:

• Pioneer in large-format targets for industrial-scale solar manufacturing
• Proprietary Hot Isostatic Pressing (HIP) technology for superior density
• Custom alloy development for emerging solar cell architectures

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269644/global-sputtering-targets-for-solar-cells-forecast-market-2024-2030-81

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9️⃣ 2. Advanced Nano Products Co., Ltd (ANP)

Headquarters: Cheongju-si, South Korea
Key Offering: ITO, AZO and Transparent Conductive Oxide Targets

ANP specializes in advanced transparent conductive materials critical for thin-film and tandem solar cell applications.

Technology Leadership:

• Nano-engineered materials for superior light transmission and conductivity
• Cost-effective AZO solutions reducing indium dependency
• Tailored resistivity options for optimized photovoltaic performance

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8️⃣ 3. HIMET MATERIALS LLC

Headquarters: East Providence, Rhode Island, USA
Key Offering: High-Purity Metal Targets for Photovoltaics

HIMET delivers ultra-pure sputtering targets serving leading solar manufacturers across North America and Asia.

Technology Leadership:

• Vertically integrated from raw material to finished target
• Specialized in back contact materials for high-efficiency cells
• Proprietary powder metallurgy processes ensuring uniform density

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7️⃣ 4. SCI Engineered Materials

Headquarters: Columbus, Ohio, USA
Key Offering: Custom Targets for CIGS and CdTe Solar Cells

SCI provides specialized sputtering solutions tailored to thin-film photovoltaic technologies.

Technology Leadership:

• Precision multi-element target manufacturing
• Rapid prototyping for next-generation solar R&D
• Strict composition control for optimal film properties

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269644/global-sputtering-targets-for-solar-cells-forecast-market-2024-2030-81

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6️⃣ 5. ACI Alloys

Headquarters: San Jose, California, USA
Key Offering: Aluminum and Copper Conductive Targets

ACI Alloys provides high-performance metal targets focused on improving solar manufacturing yields.

Technology Leadership:

• Advanced recycling program minimizing material waste
• Low-defect targets for consistent deposition quality
• Custom geometries for different deposition systems

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5️⃣ 6. Heraeus Holding

Headquarters: Hanau, Germany
Key Offering: Precious Metal and Composite Targets

Heraeus offers high-performance materials through its global advanced materials platform.

Technology Leadership:

• Silver and platinum group metal solutions for contacts
• Advanced bonding technologies for thermal management
• Global technical support network

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4️⃣ 7. Hitachi Metals

Headquarters: Tokyo, Japan
Key Offering: CIGS and CIS Solar Cell Targets

Hitachi Metals applies metallurgical expertise to targets optimized for copper indium solar technologies.

Technology Leadership:

• Precision stoichiometry control in multi-component targets
• Advanced backplane solutions for flexible modules
• Integration with deposition process optimization

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3️⃣ 8. Konfoong Materials International Co., Ltd

Headquarters: Ningbo, China
Key Offering: Comprehensive Solar Target Portfolio

Konfoong has emerged as a leading Asian supplier of photovoltaic sputtering materials.

Technology Leadership:

• Localized production supporting regional solar manufacturers
• Continuous improvement in target utilization rates
• Expanding capacity for aluminum and molybdenum targets

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2️⃣ 9. Changsha Xinkang Advanced Materials Co., Ltd

Headquarters: Changsha, China
Key Offering: Cost-Effective High-Purity Targets

Xinkang Advanced Materials provides quality sputtering solutions while maintaining competitive pricing.

Technology Leadership:

• High-volume manufacturing capabilities
• Continuous casting technology for superior microstructure
• Increasing purity levels meeting industry demands

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269644/global-sputtering-targets-for-solar-cells-forecast-market-2024-2030-81

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1️⃣ 10. Advanced Engineering Materials Limited (AEM)

Headquarters: Hereford, United Kingdom
Key Offering: Research-Grade Sputtering Targets

AEM supports photovoltaic innovation through advanced materials for R&D applications.

Technology Leadership:

• Cutting-edge material combinations for emerging solar technologies
• Rapid development of experimental compositions
• Comprehensive characterization services

Get Full Report Here: https://www.24chemicalresearch.com/reports/269644/global-sputtering-targets-for-solar-cells-forecast-market-2024-2030-81

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🔆 Future Outlook: Paving the Way for Next-Generation Solar Cells

The sputtering targets sector is undergoing rapid evolution as solar technology advances toward higher efficiencies and new architectures. Material innovations and manufacturing improvements continue to push the boundaries of photovoltaic performance.

🔬 Emerging Market Trends:

• Transition to larger target sizes for bigger deposition systems
• Development of specialized materials for tandem solar cells
• Increased focus on material utilization and recycling
• Integration of smart monitoring for predictive maintenance

Get Full Report Here: https://www.24chemicalresearch.com/reports/269644/global-sputtering-targets-for-solar-cells-forecast-market-2024-2030-81

These industry leaders are not merely supplying materials – they’re enabling the solar revolution through continuous innovation in sputtering target technologies.