The United States Metal Target for OLED Market is a critical component of the nation’s advanced electronics manufacturing sector, valued at US$ 298.5 Million in 2023 and projected to reach US$ 545.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period (2023–2030). This robust growth is driven by escalating demand for high-resolution OLED displays in smartphones, televisions, and wearable devices, alongside significant investments in next-generation display technologies.
As the display industry pivots toward thinner, more efficient, and flexible screens, the spotlight is on the key material suppliers who are driving innovation in deposition processes and material purity. In this blog, we profile the Top 10 Companies in the United States Metal Target for OLED Industry—a mix of global material science leaders, specialized manufacturers, and R&D pioneers shaping the future of display technology.
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United States Metal Target for OLED Market – View in Detailed Research Report
🔟 1. Materion Corporation
Headquarters: Mayfield Heights, Ohio, USA
Key Offering: High-Purity Aluminum, Copper, and Molybdenum Targets
Materion Corporation is a premier advanced materials supplier with a significant footprint in the OLED metal target market. The company provides ultra-high-purity metals essential for thin-film deposition in OLED manufacturing, serving major display panel producers with materials that ensure superior conductivity and film uniformity.
Innovation and R&D Focus:
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Development of large-size sputtering targets for Gen 10.5+ fabs
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Advanced bonding technologies to enhance target lifecycle
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Investment in recycling programs for precious metal targets
9️⃣ 2. Praxair Surface Technologies (Now part of Linde)
Headquarters: Danbury, Connecticut, USA
Key Offering: Tantalum, Titanium, and ITO (Indium Tin Oxide) Targets
As part of Linde, Praxair Surface Technologies delivers high-performance coating solutions, including a comprehensive portfolio of metal targets for the OLED sector. Their expertise in material science and global supply chain capabilities make them a key partner for display manufacturers requiring consistent, high-quality deposition materials.
Innovation and R&D Focus:
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Precision manufacturing of rotatable targets for increased utilization
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R&D into alternative transparent conductive oxides (TCOs)
8️⃣ 3. Plansee Group (via its US operations)
Headquarters: Reutte, Austria (with major US presence)
Key Offering: Molybdenum, Tantalum, and Tungsten Targets
Plansee is a global leader in refractory metals, with its US operations playing a vital role in supplying high-density, high-purity targets to the OLED industry. The company’s targets are known for their exceptional thermal stability and erosion characteristics, which are critical for high-volume manufacturing.
Innovation and R&D Focus:
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Advanced powder metallurgy for fine-grained, uniform targets
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Custom alloy development for specific OLED layer requirements
Download FREE Sample Report:
United States Metal Target for OLED Market – View in Detailed Research Report
7️⃣ 4. Mitsubishi Materials U.S.A. Corporation
Headquarters: New York, New York, USA
Key Offering: Copper, Aluminum, and Titanium Targets
Mitsubishi Materials U.S.A. provides high-quality metal targets backed by the global R&D strength of its Japanese parent company. They specialize in high-purity copper targets for electrode layers and aluminum for reflective anodes, catering to the demanding specifications of U.S.-based OLED panel makers.
Innovation and R&D Focus:
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Focus on low-resistivity copper targets for high-efficiency displays
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Quality control systems ensuring batch-to-batch consistency
6️⃣ 5. JX Nippon Mining & Metals USA, Inc.
Headquarters: Phoenix, Arizona, USA
Key Offering: High-Purity Copper, ITO, and Aluminum Alloy Targets
JX Nippon Mining & Metals is a dominant global player in electronic materials, with its US subsidiary serving as a key supplier to the North American OLED market. The company is renowned for its ultra-high-purity copper targets, which are essential for creating the conductive pathways in high-performance OLED displays.
Innovation and R&D Focus:
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Pioneering work in copper target purity (6N and above)
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Development of low-particle generation targets for yield improvement
5️⃣ 6. ULVAC Technologies, Inc.
Headquarters: Methuen, Massachusetts, USA
Key Offering: Integrated Sputtering Systems and Metal Targets (Al, Mo, Ti)
ULVAC is unique in providing both the deposition equipment and the consumable targets, offering a complete thin-film solution. This integrated approach allows for optimized performance and deep technical support for OLED manufacturers, ensuring that the targets are perfectly matched to the deposition system.
Innovation and R&D Focus:
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Co-engineering of targets and cathodes for maximum deposition efficiency
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R&D into new target geometries for step coverage and uniformity
4️⃣ 7. Kurt J. Lesker Company
Headquarters: Jefferson Hills, Pennsylvania, USA
Key Offering: Broad portfolio including Gold, Silver, and Aluminum Targets
The Kurt J. Lesker Company is a leading global supplier of high-vacuum components and materials, including a wide array of high-purity metal targets for OLED R&D and production. They serve both large-scale manufacturers and research institutions with materials for everything from anode layers to encapsulation.
Innovation and R&D Focus:
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Supply of precious metal targets (Ag, Au) for top-tier electrode applications
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Support for R&D in flexible and transparent OLED displays
3️⃣ 8. ACI Alloys, Inc.
Headquarters: Fremont, California, USA
Key Offering: Custom High-Purity Metal and Alloy Targets
ACI Alloys specializes in manufacturing custom high-purity metal targets tailored to specific customer requirements. Located in the heart of Silicon Valley, they provide rapid prototyping and small-to-medium batch production services, making them a valuable partner for innovators and established players alike.
Innovation and R&D Focus:
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Agile manufacturing for custom alloys and complex geometries
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Expertise in bonding refractory metals to backing plates
Download FREE Sample Report:
United States Metal Target for OLED Market – View in Detailed Research Report
2️⃣ 9. American Elements Corporation
Headquarters: Los Angeles, California, USA
Key Offering: Comprehensive Range of Metal Targets (Over 50 elements)
American Elements is a leading manufacturer of engineered and advanced materials, offering one of the most extensive catalogs of metal targets globally. Their strength lies in supplying rare earth and specialty metal targets for experimental and niche OLED applications, supporting the industry’s push toward novel materials.
Innovation and R&D Focus:
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Production of targets from rare earth metals for emerging OLED chemistries
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Nanopowder-based target manufacturing for fine-grained films
1️⃣ 10. H.C. Starck Solutions (a subsidiary of Masan High-Tech Materials)
Headquarters: Newton, Massachusetts, USA
Key Offering: Tantalum, Niobium, and Tungsten Targets
H.C. Starck Solutions is a specialist in technology metals, providing high-performance tantalum and niobium targets used in specific OLED applications requiring exceptional durability and specific electronic properties. Their expertise in refractory metals is critical for certain barrier and electrode layers.
Innovation and R&D Focus:
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Advanced sintering techniques for high-density refractory metal targets
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Focus on supply chain sustainability and traceability
Read Full Report:
United States Metal Target for OLED Market – View in Detailed Research Report
📈 Outlook: The Future of Metal Targets is Driven by Display Innovation
The United States metal target market is undergoing a significant transformation. While traditional materials like aluminum and ITO remain foundational, the industry is investing heavily in novel alloys, larger formats, and higher purity levels to meet the demands of next-generation OLED displays.
🚀 Key Trends Shaping the Market:
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Transition to Gen 10.5+ fabs requiring ultra-large, high-uniformity targets
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R&D into copper and silver alloys to replace ITO for flexible and transparent electrodes
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Increasing demand for high-purity (>6N) targets to minimize defects in high-ppi displays
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Growth of OLEDoS (OLED on Silicon) for AR/VR applications, demanding specialized micro-display targets
Read Full Report:
United States Metal Target for OLED Market – View in Detailed Research Report
The companies listed above are not only supplying critical materials for today’s displays—they’re enabling the next wave of visual technology, from rollable TVs to high-resolution augmented reality devices.
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