The Global High Purity Evaporation Materials Market was valued at USD 2.81 Billion in 2024 and is projected to reach USD 4.32 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024–2030). This robust growth is driven by escalating demand for semiconductors, the proliferation of micro-electromechanical systems (MEMS), advancements in optical coatings, and the rapid expansion of the consumer electronics and renewable energy sectors.

As industries demand higher performance from thinner, more complex components, the critical role of high-purity materials in physical vapor deposition (PVD) processes becomes undeniable. These materials are the building blocks for creating ultra-thin, high-performance films essential for everything from smartphone processors to solar panels. In this blog, we profile the Top 10 Companies in the High Purity Evaporation Materials Industry—a mix of specialized chemical suppliers, advanced material scientists, and global industrial giants shaping the future of thin-film technology.

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🔟 1. Materion Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: High Purity Metals, Alloys, Evaporation Sources (Pellets, Wires, Granules)

Materion is a premier global supplier of high-performance engineered materials. Its Advanced Materials group provides ultra-high purity (99.99% to 99.9999%) metals and alloys specifically designed for evaporation and sputtering processes, serving the semiconductor, aerospace, and medical device industries.

Technology & Innovation Initiatives:

• Development of advanced alloy formulations for superior thin-film properties

• Investment in purification technologies to achieve 6N (99.9999%) purity levels

• Customizable evaporation source geometries (crucibles, boats, coils)

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High Purity Evaporation Materials Market – View in Detailed Research Report

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9️⃣ 2. Kurt J. Lesker Company

Headquarters: Jefferson Hills, Pennsylvania, USA
Key Offering: PVD Materials, Thermal Evaporation Sources, Sputtering Targets, Deposition Systems

The Kurt J. Lesker Company is a leader in vacuum technology and thin-film deposition materials. They offer one of the industry’s broadest portfolios of high-purity evaporation materials, including elements, alloys, and compounds, alongside the necessary deposition equipment.

Technology & Innovation Initiatives:

• Global supply chain for over 150 pure elements and custom alloys

• Provision of complete PVD system solutions, from materials to vacuum hardware

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8️⃣ 3. Umicore

Headquarters: Brussels, Belgium
Key Offering: Precious Metal Evaporation Materials, Sputtering Targets, Thin Film Precursors

Umicore’s Thin Film Products division is a global leader in materials for the electronics industry, with a particular strength in precious and non-precious metals. Their high-purity materials are critical for creating conductive layers in semiconductors and advanced displays.

Technology & Innovation Initiatives:

• Focus on sustainable sourcing and recycling of precious metals

• R&D into materials for next-generation memory and logic devices

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7️⃣ 4. Nichia Corporation

Headquarters: Anan, Tokushima, Japan
Key Offering: High Purity Metal Organics, Evaporation Materials for LED and Display Manufacturing

While renowned as a world leader in LED manufacturing, Nichia is also a critical supplier of high-purity evaporation and epitaxial materials. Their expertise in materials science for optoelectronics makes them a key player for deposition processes in the display and lighting industries.

Technology & Innovation Initiatives:

• Proprietary synthesis of ultra-high purity metalorganic compounds

• Materials tailored for high-brightness LED and laser diode production

Download FREE Sample Report:
High Purity Evaporation Materials Market – View in Detailed Research Report

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6️⃣ 5. TANAKA Holdings Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Precious Metal Compounds, Sputtering Targets, Bonding Wires, Evaporation Materials

TANAKA is a leading Japanese precious metals specialist. Its Electronics division supplies high-purity gold, silver, platinum, and other metal evaporation materials essential for semiconductor packaging, interconnects, and high-reliability electronic components.

Technology & Innovation Initiatives:

• Development of low-cost copper and silver alloy alternatives for interconnects

• Advanced refining processes to minimize impurity levels for critical applications

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5️⃣ 6. Kojundo Chemical Laboratory Co., Ltd.

Headquarters: Saitama, Japan
Key Offering: High Purity Metals (up to 99.9999%), Alloys, Oxides, Sputtering Targets

Kojundo Chemical Laboratory is a highly specialized manufacturer of ultra-high-purity materials for research and industrial applications. They are a preferred supplier for R&D institutions and manufacturers requiring the utmost purity for cutting-edge semiconductor and nanotechnology development.

Technology & Innovation Initiatives:

• Specialization in rare earth metals and unique alloy compositions

• Capability to produce custom materials in small R&D quantities and large industrial batches

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4️⃣ 7. Stanford Advanced Materials (SAM)

Headquarters: Lake Forest, California, USA
Key Offering: High Purity Metals, Ceramics, Evaporation Crocusibles & Boats

Stanford Advanced Materials is a global supplier of high-purity metals, alloys, ceramics, and compounds. SAM provides a comprehensive range of evaporation materials and the necessary accessories for various PVD techniques, catering to both research and production scales.

Technology & Innovation Initiatives:

• Extensive online catalog with detailed technical data for over 3,000 materials

• Strong focus on materials for renewable energy applications, including photovoltaic cells

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3️⃣ 8. Plasmaterials, Inc.

Headquarters: San Jose, California, USA
Key Offering: High Purity Sputtering Targets, Evaporation Materials, Custom Fabrication

Located in the heart of Silicon Valley, Plasmaterials is a key supplier to the semiconductor and data storage industries. They specialize in the fabrication of high-quality sputtering targets and evaporation sources from pure metals, alloys, and ceramics.

Technology & Innovation Initiatives:

• Expertise in bonding targets to backing plates for high-power applications

• Rapid prototyping and custom material development for specialized R&D projects

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2️⃣ 9. Angstrom Sciences, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Sputtering Targets, Evaporation Sources, Thin Film Materials

Angstrom Sciences is a US-based manufacturer specializing in materials for the thin-film coating industry. They offer a wide array of high-purity evaporation materials and are known for their technical support and ability to produce large, complex targets and sources.

Technology & Innovation Initiatives:

• In-house metallurgical and fabrication capabilities for quality control

• Development of materials for transparent conductive oxides (TCOs) used in displays and touch panels

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1️⃣ 10. MSE Supplies

Headquarters: Tucson, Arizona, USA
Key Offering: High Purity Materials, Sputtering Targets, Evaporation Pellets, Lab Equipment

MSE Supplies is a leading supplier of high-quality materials and equipment for research and development. They serve universities, national labs, and industrial R&D centers with a vast selection of high-purity evaporation materials, particularly for the burgeoning fields of batteries, superconductors, and nanomaterials.

Technology & Innovation Initiatives:

• Focus on supplying novel materials for emerging research areas

• E-commerce platform facilitating easy access to research-grade materials worldwide

Get Full Report Here:
High Purity Evaporation Materials Market – View in Detailed Research Report

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🔬 Outlook: The Future of High Purity Evaporation Materials Is Smarter and More Integrated

The high purity evaporation materials market is undergoing a significant transformation. While traditional materials like gold, aluminum, and silicon dioxide remain foundational, the industry is innovating with complex oxides, advanced alloys, and two-dimensional materials to meet the demands of next-generation technologies.

📈 Key Trends Shaping the Market:

• Demand for ultra-high purity (6N and above) for sub-3nm semiconductor nodes

• Rising adoption of compound semiconductors (GaN, SiC) for power electronics and 5G

• Growth in optical coatings for AR/VR devices, advanced cameras, and lidar systems

• Increasing need for custom alloy formulations to achieve specific electrical, mechanical, and thermal properties in thin films

Get Full Report Here:
High Purity Evaporation Materials Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they are enabling the miniaturization and performance leaps that define modern technology, from the smallest chip to the largest solar farm.