Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Gallium Market: Global Industry Analysis and Forecast 2014 - 2020".
New York, NY -- (SBWIRE) -- 08/31/2015 -- Gallium is soft silvery metal and is liquid at room temperatures. During bauxite processing, caustic liquor is generated, gallium is extracted from this as a by-product in impure form. The impure form is further refined to get pure gallium known as 6N Gallium. In some cases it is recovered as by-product from zinc processing. It is generally used in compound form, either as gallium nitride (GaN) or gallium arsenide (GaAs). These two compounds accounts for the major consumption of gallium worldwide.
Request Full TOC: http://www.persistencemarketresearch.com/toc/4428
The market for gallium was mainly driven by the growing demand from electronics sector. Gallium is used majorly in LEDs, solar panels and photo detectors among others. Gallium is used in various applications such as LEDs, laser diodes, integrated circuits and solar cells among others. In addition, it is also used in research and development for specialty alloys. The major opportunity for the market is the growing electronics industry in China and India. However, the volatile prices of gallium are likely to act as restraint for the market in near future. Moreover, there are numerous recycling issues associated with gallium compounds used in various electronic products.
In terms of demand, North America is the major leading region for the demand. The demand for gallium is huge owing to increased demand for electronic consumer goods, biomedical applications, and manufacturing of other alloys. North America was followed by Asia Pacific. In Asia Pacific, there is huge demand from semi-conductor industry and other applications. The demand is likely to grow in the near future for gallium in this region. European countries are expected to have stable demand for gallium. The Rest of the World market is anticipated to grow in near future owing to increasing demand for electronics goods.
Some of the key providers in the gallium market are GEO Gallium, Aluminum Corp of China Ltd, and Nalco among others.
Request Full Brochure of this report: http://www.persistencemarketresearch.com/samples/4428
Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.-
About Persistence Market Research (PMR)
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.