Indium Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 02/14/2019 -- Indium is a post-transition metallic element that is rare in Earth's crust. It has no obvious role in biological processes, but is of considerable industrial importance. The main source of indium is zinc concentrates (indium containing 0.0001 ~ 0.1%), recovered as a byproduct in the smelting of zinc ore and tin smelting process. Indium is mainly used for production of indium tin oxide (ITO), alloys and solders. Another important use of indium was for III-V semiconductor materials for light-emitting diodes (LEDs) and laser diodes. Some manufactures also extract indium from the waste electronic materials (ITO).
Indium industry has high raw materials barrier. Currently, Resource-rich countries of indium are China, Peru, Korea, Canada and Russia. Globally, zinc concentrates were the principal source of primary indium and resource-rich countries are the major producers of primary indium, such as China and Canada. Secondary feedstock was from ITO producers and Japan was a significant producer and recycler of indium.
China was the leading producer of refined indium, accounting for more than one-half of global primary production. According to our investigation and USGS, the production volume of indium in China is about 400 MT in 2017. Yunnan, Hunan, Guangxi are the major provinces of indium and China Germanium, Guangxi Debang, Zhuzhou Smelter Group, Huludao Zinc Industry are the tycoons of indium. In the recent years, there are two producers of secondary indium in China.
Japan was a significant producer and recycler of indium and also the largest consumption region of indium owning to the indium tin oxide. Dowa Metals and Mining Co. Ltd. had the capacity to produce about 70 MT/yr of primary indium and to recover up to 150 MT/yr of secondary indium at its zinc smelter and rare metals recycling facility in Akita. Japan was the leading consumer of indium, mostly for the production of ITO. Mitsui Mining & Smelting, JX Nippon Mining & Metals, Tosoh Corporation is the major manufacturers of ITO in Japan.
The global Indium market is valued at 420 million US$ in 2018 is expected to reach 570 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025. This report focuses on Indium volume and value at global level, regional level and company level. From a global perspective, this report represents overall Indium market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
PPM Pure Metals GmbH
Segment by Regions
Segment by Type
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Segment by Application
Solder and Alloys
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