Top 10 Companies in the Polycrystalline Silicon Target Industry (2025): Market Leaders Powering the Semiconductor Revolution

In Business Insights
November 01, 2025

The Global Polycrystalline Silicon Target Market was valued at US$ 815.4 million in 2024 and is projected to reach US$ 1.25 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period (2024–2030). This robust expansion is being driven by escalating demand for high-performance semiconductors, the proliferation of consumer electronics, and the accelerating transition to renewable energy technologies across both consumer and industrial sectors.

As the global semiconductor and electronics industry evolves toward advanced manufacturing and miniaturization, the spotlight is on the key material suppliers who are driving innovation, superior thin-film quality, and ultra-pure manufacturing pathways. In this blog, we profile the Top 10 Companies in the Polycrystalline Silicon Target Industry—a mix of global chemical giants, specialized material scientists, and technology innovators shaping the future of integrated circuits and display technologies.


🔟 1. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: Ultra-High Purity Polycrystalline Silicon Targets

JX Nippon Mining & Metals is a global leader in high-purity metal products, with its polycrystalline silicon targets being critical for semiconductor fabrication and thin-film deposition processes. The company maintains leading global market share in high-purity sputtering targets for the electronics industry.

Technological Innovations:

  • Pioneering 99.9995% (5N5) and higher purity grades

  • Advanced grain size control and microstructure engineering

  • Strategic partnerships with leading semiconductor foundries and display manufacturers

Download FREE Sample Report: Polycrystalline Silicon Target Market – View in Detailed Research Report


9️⃣ 2. Mitsui Mining & Smelting Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Polycrystalline Silicon Sputtering Targets for IC manufacturing

Mitsui Mining & Smelting operates one of the most advanced production facilities for polycrystalline silicon targets, serving the global semiconductor and electronics value chain with precision-engineered materials.

Technological Innovations:

  • Specialization in large-area sputtering targets for 300mm wafer processing

  • R&D focused on reducing target particulates and improving deposition uniformity


8️⃣ 3. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: High Density Polycrystalline Silicon Targets

Honeywell’s electronic materials division produces ultra-pure polycrystalline silicon targets that meet the stringent requirements of advanced semiconductor nodes at 7nm and below.

Technological Innovations:

  • Proprietary manufacturing processes ensuring exceptional target density and purity

  • Global supply chain infrastructure supporting semiconductor fabs worldwide


7️⃣ 4. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: Polycrystalline Silicon Targets for Advanced IC Fabrication

Tosoh is renowned for its high-purity materials, including zirconia and silicon products. Its polycrystalline silicon targets are engineered for superior step coverage and minimal defect density.

Technological Innovations:

  • Advanced sintering technologies for enhanced target density and performance

  • Custom target design capabilities for specialized semiconductor applications

Download FREE Sample Report: Polycrystalline Silicon Target Market – View in Detailed Research Report


6️⃣ 5. Praxair (Linde PLC)

Headquarters: Danbury, Connecticut, USA
Key Offering: High-Performance Polycrystalline Silicon Sputtering Targets

Now operating under Linde PLC, Praxair’s electronic materials business provides polycrystalline silicon targets with exceptional purity and uniformity across the target surface.

Technological Innovations:

  • Integration with Linde’s comprehensive gas and materials ecosystem for semiconductor manufacturing


5️⃣ 6. Materion Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: Precision Polycrystalline Silicon Targets for Semiconductor Deposition

Materion specializes in high-performance engineered materials, with its polycrystalline silicon targets being critical for gate oxide and capacitor film formation in logic and memory devices.

Technological Innovations:

  • Advanced bonding technologies for improved thermal management during sputtering

  • Custom alloy development for specialized semiconductor applications


4️⃣ 7. Heraeus Holding GmbH

Headquarters: Hanau, Germany
Key Offering: Ultra-High Purity Polycrystalline Silicon Targets for Electronics

Heraeus is a global technology group with a strong presence in semiconductor materials, particularly through its precious metals and sputtering target divisions.

Technological Innovations:

  • Proprietary purification processes enabling consistent 99.999% purity and higher

    Technological Innovations:

    • Global manufacturing footprint ensuring reliable supply to semiconductor clusters


    3️⃣ 8. Plansee Group

    Headquarters: Reutte, Austria
    Key Offering: Polycrystalline Silicon Sputtering Targets for High-K Dielectric Applications

    Plansee is a leading global supplier of high-performance materials, with its silicon targets being essential for advanced semiconductor manufacturing processes.

    Technological Innovations:

    • Advanced powder metallurgy for superior target microstructure

    • Specialization in high-rate sputtering targets for production efficiency


    2️⃣ 9. Sumitomo Chemical Co., Ltd.

    Headquarters: Tokyo, Japan
    Key Offering: Ultra-Pure Polycrystalline Silicon Targets for ICs

    Sumitomo Chemical leverages its expertise in chemical synthesis to produce polycrystalline silicon materials with exceptional purity and controlled crystalline structure.

    Technological Innovations:

    • Integrated chemical manufacturing from raw silicon purification to final target production

    • R&D focused on target materials for next-generation semiconductor nodes


    1️⃣ 10. Solar Applied Materials Technology Corp.

    Headquarters: Tainan City, Taiwan
    Key Offering: High-Quality Polycrystalline Silicon Targets

    Solar Applied Materials Technology is a leading supplier of high-purity metal materials and targets for the electronics industry.

    Technological Innovations:

    • Advanced sputtering target manufacturing with emphasis on purity and grain structure control

    • Diversified product portfolio serving semiconductor, display, and solar photovoltaic markets

    Get Full Report Here: Polycrystalline Silicon Target Market – View in Detailed Research Report


    🌍 Outlook: The Future of Polycrystalline Silicon Targets is Smarter and More Specialized

    The polycrystalline silicon target market is undergoing a technological transformation. While traditional purity grades still dominate in volume, the industry is investing heavily in ultra-high purity materials, advanced manufacturing technologies, and specialized solutions for emerging semiconductor applications.

    📈 Key Trends Shaping the Market:

    • Intensifying demand for 5N (99.999%) purity and higher grades

    • Accelerating adoption of advanced packaging technologies and 3D NAND flash memory

    • Increasing customization of target properties for specific semiconductor manufacturing processes

    • Geographic diversification of target manufacturing to support regional semiconductor supply chain resilience

    Get Full Report Here: Polycrystalline Silicon Target Market – View in Detailed Research Report

    The companies listed above are not only powering global electronics manufacturing—they’re spearheading the technological advancement of semiconductor fabrication.