The Global Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market was valued at USD 293 Million in 2025 and is projected to reach USD 418 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period (2024–2030). This growth is primarily driven by the relentless demand for advanced semiconductor packaging, the proliferation of AI and IoT devices, and the global expansion of 5G infrastructure, all of which depend on the flawless metallic thin films deposited by these critical components.

As the semiconductor industry pushes the boundaries of miniaturization and performance, the quality of materials used in the backend processes of IC assembly and testing becomes paramount. In this blog, we profile the Top 10 Companies in the Ultra-high Purity Metal Sputtering Targets Industry—a group of advanced material scientists and global suppliers who are the bedrock of modern electronics manufacturing.

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Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market – View in Detailed Research Report

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🔟 1. JX Nippon Mining & Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: Ultra-high Purity Copper, Titanium, Tantalum, and Aluminum Sputtering Targets

JX Nippon Mining & Metals is a global leader in the production of high-purity metals for the semiconductor industry. The company specializes in manufacturing sputtering targets with purity levels up to 6N (99.9999%), catering to the most demanding applications in advanced IC packaging and interconnect technology. Their products are essential for creating barrier layers, seed layers, and redistribution layers (RDLs) in cutting-edge semiconductor devices.

Innovation Initiatives:

• Pioneering development of large-size, high-density targets for 300mm wafer processing

• Investment in R&D for next-generation materials like cobalt and ruthenium for sub-5nm nodes

• Strong partnerships with major IDMs and OSAT providers across Asia and North America

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9️⃣ 2. Materion Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: High-Purity Specialty Metals, Advanced Materials, and Sputtering Target Assemblies

Materion is a key US-based supplier of performance-engineered materials, including a comprehensive portfolio of ultra-high purity sputtering targets. The company serves the semiconductor industry with targets made from precious metals, alloys, and specialized materials required for advanced packaging, wafer bumping, and through-silicon via (TSV) applications.

Innovation Initiatives:

• Focus on bonding technology to enhance target performance and longevity

• Development of custom alloy targets for specific customer applications

• Commitment to supply chain resilience and domestic manufacturing capabilities

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8️⃣ 3. TANAKA Holdings Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Precious Metal Sputtering Targets (Gold, Platinum, Silver), Copper, and Titanium Targets

TANAKA Precious Metals is a renowned global player with deep expertise in precious metal fabrication for the electronics industry. Their sputtering targets are critical for creating reliable bonding pads and interconnects in high-reliability applications such as automotive electronics and advanced memory packaging.

Innovation Initiatives:

• Leading supplier of gold sputtering targets for wafer-level packaging

• Advanced recycling services for precious metal target reclamation

• Global technical support network for semiconductor manufacturers

Download FREE Sample Report:
Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market – View in Detailed Research Report

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7️⃣ 4. Plansee SE

Headquarters: Reutte, Tyrol, Austria
Key Offering: High-Performance Refractory Metal Targets (Molybdenum, Tungsten, Tantalum)

Plansee SE is a leading European manufacturer of refractory metal and composite materials. The company produces high-density, ultra-pure sputtering targets known for their exceptional thermal stability and minimal particle generation, making them ideal for critical barrier and adhesion layer applications in advanced semiconductor nodes.

Innovation Initiatives:

• Expertise in powder metallurgy for producing fine-grained, high-purity targets

• Development of specialized bonding techniques for improved target life

• Focus on sustainability through efficient material usage and recycling programs

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6️⃣ 5. Hitachi Metals, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Magnetic and Non-Magnetic Sputtering Targets, Specialty Alloys

Hitachi Metals leverages its extensive metallurgical expertise to produce a wide range of high-purity sputtering targets. The company is particularly strong in supplying targets for memory applications and advanced logic devices, with a focus on materials that enable higher device speeds and lower power consumption.

Innovation Initiatives:

• R&D on new alloy compositions to address resistivity challenges at smaller nodes

• Integrated supply chain from raw material refining to finished target production

• Collaboration with semiconductor equipment makers for co-development projects

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5️⃣ 6. Mitsui Mining & Smelting Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Copper, Aluminum, and Titanium Sputtering Targets for Semiconductor Packaging

Mitsui Kinzoku is a major Japanese integrated materials company with a significant presence in the sputtering target market. The company supplies high-quality targets to OSATs and foundries, benefiting from its vertical integration in mining, smelting, and advanced material processing.

Innovation Initiatives:

• Investment in capacity expansion to meet growing demand from the Asian semiconductor sector

• Development of low-cost, high-performance target alternatives for cost-sensitive applications

• Focus on improving target utilization rates to reduce customer cost of ownership

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4️⃣ 7. Sumitomo Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Purity Copper and Aluminum Targets, Chemical Vapor Deposition (CVD) Precursors

Sumitomo Chemical offers a diverse portfolio of electronic materials, including sputtering targets for semiconductor manufacturing. The company’s strength lies in its chemical expertise, which it applies to produce targets with exceptional purity and microstructural control for advanced packaging applications.

Innovation Initiatives:

• Synergistic development of sputtering targets alongside other electronic materials

• Expansion of production facilities to support the growing advanced packaging market

• Strong customer technical support and co-engineering capabilities

Download FREE Sample Report:
Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market – View in Detailed Research Report

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3️⃣ 8. Umicore

Headquarters: Brussels, Belgium
Key Offering: Precious Metal and Specialty Alloy Sputtering Targets, Target Recycling Services

Umicore is a global materials technology and recycling company with a strong focus on sustainable solutions. Their sputtering target business benefits from their leadership in precious metals and their closed-loop recycling model, which allows them to offer both new and reclaimed high-purity targets to the semiconductor industry.

Innovation Initiatives:

• World-leading target recycling and refining services to reduce environmental impact

• Development of cobalt-based targets for advanced interconnect applications

• Commitment to circular economy principles in semiconductor materials supply

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2️⃣ 9. Konfoong Materials International Co., Ltd.

Headquarters: Ningbo, Zhejiang, China
Key Offering: Comprehensive Range of Sputtering Targets for Semiconductor and Display Industries

Konfoong Materials is a leading Chinese supplier of sputtering targets, serving both the domestic semiconductor market and international customers. The company has rapidly expanded its product portfolio and technical capabilities, positioning itself as a key partner for China’s growing semiconductor manufacturing sector.

Innovation Initiatives:

• Rapid scaling of production capacity to support China’s semiconductor self-sufficiency goals

• Investment in R&D for advanced packaging materials and processes

• Strategic partnerships with domestic semiconductor manufacturers and equipment suppliers

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1️⃣ 10. GRIKIN Advanced Material Co., Ltd.

Headquarters: Beijing, China
Key Offering: High-Purity Aluminum, Copper, and Titanium Sputtering Targets

GRIKIN is a specialized manufacturer of high-purity metal sputtering targets, with a strong focus on the semiconductor and flat panel display markets. The company has established itself as a reliable supplier of cost-competitive targets while maintaining stringent quality standards required by leading semiconductor manufacturers.

Innovation Initiatives:

• Focus on process optimization to deliver high-quality targets at competitive prices

• Expansion of product line to cover emerging materials for advanced nodes

• Growing international presence beyond the domestic Chinese market

Read Full Report:
Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market – View in Detailed Research Report

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🔬 Outlook: The Future of Semiconductor Manufacturing Is Built on Purer Foundations

The ultra-high purity metal sputtering target market is at a critical inflection point. As semiconductor feature sizes continue to shrink below 5nm and advanced packaging architectures become mainstream, the demands on material purity, consistency, and performance are reaching unprecedented levels.

📈 Key Trends Shaping the Market:

• Transition to 6N and higher purity levels for sub-3nm semiconductor nodes

• Increased adoption of cobalt and ruthenium for ultra-fine interconnects

• Growing importance of target recycling and circular economy models

• Geographic diversification of supply chains to mitigate geopolitical risks

Read Full Report:
Ultra-high Purity Metal Sputtering Targets for IC Assembly and Testing Market – View in Detailed Research Report

The companies profiled above are not just supplying materials—they are enabling the next generation of electronic devices that will power everything from autonomous vehicles to AI systems and connected smart cities.