The Global Iron Boride Sputtering Target Market was valued at USD 125.7 Million in 2024 and is projected to reach USD 215.3 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2025–2032). This robust growth is being driven by the expanding semiconductor manufacturing sector, increasing demand for durable coatings in aerospace, and advancements in physical vapor deposition (PVD) technologies.

As industries worldwide push for higher performance and miniaturization in electronics, the demand for specialized materials like iron boride for thin-film deposition is soaring. In this blog, we profile the Top 10 Companies in the Iron Boride Sputtering Target Market—a mix of established material science giants and specialized manufacturers shaping the future of advanced coatings.

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🔟 1. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: High-Purity Iron Boride (FeB, Fe2B) Sputtering Targets, Custom Alloys

American Elements is a global leader in advanced materials, supplying high-purity iron boride sputtering targets to the semiconductor, aerospace, and research sectors. The company’s targets are known for their exceptional density and consistent performance in both PVD and CVD applications.

Innovation Initiatives:

• Production of ultra-high purity (99.999%) targets for critical semiconductor applications

• Development of custom-shaped and bonded targets for specialized deposition systems

• Extensive R&D in refractory and advanced ceramic materials

Download FREE Sample Report: Iron Boride Sputtering Target Market – View in Detailed Research Report

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9️⃣ 2. Stanford Advanced Materials

Headquarters: Lake Forest, California, USA
Key Offering: Iron Boride Sputtering Targets, Evaporation Materials, Custom Fabrication

Stanford Advanced Materials (SAM) specializes in high-purity metals, alloys, and ceramics for thin-film deposition. Their iron boride targets are widely used in optical coatings, wear-resistant layers, and electronic components, serving a global clientele.

Innovation Initiatives:

• Focus on achieving superior target density and microstructure for enhanced sputtering yield

• Investment in advanced hot-pressing and sintering technologies

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8️⃣ 3. MSE Supplies

Headquarters: Tucson, Arizona, USA
Key Offering: Iron Boride Targets, Sputtering Target Bonding Services, Research Materials

MSE Supplies is a key supplier to research institutions and industrial manufacturers, providing high-quality iron boride sputtering targets. The company is recognized for its technical support and ability to provide small-batch, research-grade materials.

Innovation Initiatives:

• Specialization in providing targets for R&D and pilot production lines

• Development of custom composition targets for specific application requirements

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7️⃣ 4. ALB Materials Inc.

Headquarters: Zhejiang, China
Key Offering: High-Purity Iron Boride Powder and Sputtering Targets

ALB Materials Inc. is a growing force in the advanced materials market, with a strong focus on the Asia-Pacific region. The company supplies iron boride materials for both domestic and international markets, particularly in the electronics and tooling industries.

Innovation Initiatives:

• Expansion of production capacity to meet rising demand from Asian semiconductor fabs

• Investment in quality control systems to meet international standards

Download FREE Sample Report: Iron Boride Sputtering Target Market – View in Detailed Research Report

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6️⃣ 5. QS Advanced Materials

Headquarters: San Diego, California, USA
Key Offering: Sputtering Targets, Nanomaterials, High-Purity Metals

QS Advanced Materials focuses on supplying materials for cutting-edge research and development. Their iron boride targets are utilized in universities, national labs, and companies developing next-generation coatings and devices.

Innovation Initiatives:

• Provision of tailored materials for academic and industrial research projects

• Collaboration with research institutions on material characterization and development

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5️⃣ 6. Fushel

Headquarters: Changsha, China
Key Offering: Iron Boride (FeB) Sputtering Targets, Advanced Ceramic Materials

Fushel is a specialized manufacturer of advanced ceramic and metallic materials, including high-quality iron boride sputtering targets. The company has carved a niche in supplying cost-effective solutions without compromising on purity and performance.

Innovation Initiatives:

• Development of production processes to optimize cost-performance ratio

• Expansion of product portfolio to include other boride and carbide targets

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4️⃣ 7. Kurt J. Lesker Company

Headquarters: Jefferson Hills, Pennsylvania, USA
Key Offering: Sputtering Targets, Deposition Systems, Vacuum Components

The Kurt J. Lesker Company is a vertically integrated supplier that not only provides high-purity iron boride targets but also the deposition systems that use them. This unique position allows for deep application expertise and tailored solutions.

Innovation Initiatives:

• Integration of target manufacturing with vacuum technology and deposition system design

• Focus on providing complete thin-film solution packages to customers

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3️⃣ 8. Advanced Engineering Materials

Headquarters: Manchester, United Kingdom
Key Offering: Custom Sputtering Targets, High-Purity Metals and Alloys

Advanced Engineering Materials (AEM) is a European specialist in manufacturing sputtering targets for research and industrial applications. They are known for their ability to produce targets with complex geometries and strict compositional tolerances.

Innovation Initiatives:

• Expertise in fabricating bonded targets for improved thermal management

• Strong focus on the European research and aerospace sectors

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2️⃣ 9. Testbourne Ltd

Headquarters: Basingstoke, United Kingdom
Key Offering: Sputtering Targets, Evaporation Materials, Substrates

Testbourne Ltd has been a reliable supplier of high-purity materials for over 40 years. Their iron boride targets are used in a variety of applications, from fundamental research to industrial-scale production of functional coatings.

Innovation Initiatives:

• Long-standing reputation for material consistency and reliability

• Investment in analytical capabilities for rigorous quality assurance

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1️⃣ 10. Nanoshel

Headquarters: Wilmington, Delaware, USA
Key Offering: Nanomaterials, Sputtering Targets, Custom Synthesis

Nanoshel focuses on nanotechnology-based materials, including nanostructured iron boride sputtering targets. These targets can offer unique properties for specialized thin-film applications where nano-scale control is critical.

Innovation Initiatives:

• Specialization in nano-powders and nanostructured bulk materials

• Research into novel material compositions for emerging applications

Get Full Report Here: Iron Boride Sputtering Target Market – View in Detailed Research Report

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🌍 Outlook: The Future of Iron Boride Sputtering Targets Is High-Tech and High-Growth

The iron boride sputtering target market is undergoing a significant transformation. While traditional applications in hard coatings remain vital, the industry is increasingly driven by demands from the semiconductor, renewable energy, and advanced optics sectors.

📈 Key Trends Shaping the Market:

• Rising demand for high-purity (99.99% and above) targets for semiconductor manufacturing

• Expansion of applications in thin-film photovoltaics and energy storage devices

• Development of advanced PVD techniques like HiPIMS requiring specialized target materials

• Growing emphasis on supply chain resilience and regional manufacturing capabilities

Get Full Report Here: Iron Boride Sputtering Target Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re enabling the technological advancements that define modern industry.