Market Overview:
The global indium market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for indium in various applications such as ITO target, semiconductor, solder and alloys, and other applications. In terms of type, the primary indium segment is expected to hold a major share of the global market during the forecast period. However, the secondary indium segment is projected to grow at a higher CAGR from 2018 to 2030 owing to its growing demand from various end-use industries. In terms of region, Asia Pacific is estimated to be the fastest-growing market for indium during the forecast period.
Product Definition:
Element indium is a soft, silvery-white metal. It is very brittle and has a low melting point. Indium is used to make thin films for electronic devices and as a component in alloys.
Primary Indium:
Primary indium is the first element in the periodic table. It has 6 similar properties like other rare earth metals such as lanthanum and cerium. Indium metal is soft and ductile with a bright silvery-white color. When exposed to air, it forms an indium oxide layer on its surface which protects it from reacting further with oxygen or water.
Secondary Indium:
Secondary indium is the by-product obtained during the refining of tin. It is a soft, silver-white metal that dissolves in acids and alkalis. Indium has several industrial uses including alloying with other metals or with zinc to make indivisible compounds used as fuel for nuclear reactors and in high-intensity light sources such as bulbs.
Application Insights:
The market is segmented by application into ITO target, semiconductors, solder and alloys, and others. The other applications include energy storage devices such as batteries. The demand for the product in various applications is projected to grow at a CAGR of XX% from 2018 to 2030 owing to its increasing use in electronic components including transistors and resistors over the forecast period.
Indium tin oxide (ITO) target was the largest application segment with a volume share of 33% in 2017 on account of its rising use across several industries including electronics & telecommunication, automotive & transportation among others.
Regional Analysis:
Asia Pacific dominated the global indium market in 2017, accounting for a share of over 60%. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing demand from various end-use industries such as electronics and ITO target industry. In addition, rising production capacities of semiconductor and solar energy companies are also likely to boost product consumption in this region.
The European market was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to high product utilization across several end-use industries such as electronics, photovoltaic systems, ITO target etc. Moreover, Europe has been one of the prominent producers of secondary indium since 2010 due its low cost advantage compared with primary production sites mainly located in Asia Pacific region (Indonesia). As a result; Europe has become one of largest consumers for secondary indium globally.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for indium as a component in various products is expected to drive the market growth.
- Growing demand for indium alloys in medical devices, automotive components, and other industrial applications is also projected to fuel the market growth over the forecast period.
- Rising awareness about the benefits of using indium alloys in various end-use industries is anticipated to propel market growth during the forecast period.
- Technological advancements that enable higher efficiency and performance of products containing indium are expected to create new opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Element Indium Market Research Report
By Type
Primary Indium, Secondary Indium
By Application
ITO Target, Semiconductor, Solder and Alloys, Other
By Companies
Korea Zinc, Dowa, Asahi Holdings, Teck, Umicore, Nyrstar, YoungPoong, PPM Pure Metals GmbH, Doe Run, China Germanium, Guangxi Debang, Zhuzhou Smelter Group, Huludao Zinc Industry, China Tin Group, GreenNovo, Yuguang Gold and Lead, Zhuzhou Keneng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Element Indium Market Report Segments:
The global Element Indium market is segmented on the basis of:
Types
Primary Indium, Secondary Indium
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
ITO Target, Semiconductor, Solder and Alloys, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Korea Zinc
- Dowa
- Asahi Holdings
- Teck
- Umicore
- Nyrstar
- YoungPoong
- PPM Pure Metals GmbH
- Doe Run
- China Germanium
- Guangxi Debang
- Zhuzhou Smelter Group
- Huludao Zinc Industry
- China Tin Group
- GreenNovo
- Yuguang Gold and Lead
- Zhuzhou Keneng
Highlights of The Element Indium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Primary Indium
- Secondary Indium
- By Application:
- ITO Target
- Semiconductor
- Solder and Alloys
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Element Indium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Element indium is a rare earth metal that has the symbol In and atomic number 57. It is found in nature only in very small amounts, but it can be extracted from ore using a process called leaching.
Some of the major players in the element indium market are Korea Zinc, Dowa, Asahi Holdings, Teck, Umicore, Nyrstar, YoungPoong, PPM Pure Metals GmbH, Doe Run, China Germanium, Guangxi Debang, Zhuzhou Smelter Group, Huludao Zinc Industry, China Tin Group, GreenNovo, Yuguang Gold and Lead, Zhuzhou Keneng.
The element indium market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Element Indium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Element Indium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Element Indium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Element Indium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Element Indium Market Size & Forecast, 2018-2028
4.5.1 Element Indium Market Size and Y-o-Y Growth
4.5.2 Element Indium Market Absolute $ Opportunity
Chapter 5 Global Element Indium Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Element Indium Market Size Forecast by Type
5.2.1 Primary Indium
5.2.2 Secondary Indium
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Element Indium Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Element Indium Market Size Forecast by Applications
6.2.1 ITO Target
6.2.2 Semiconductor
6.2.3 Solder and Alloys
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Element Indium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Element Indium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Element Indium Analysis and Forecast
9.1 Introduction
9.2 North America Element Indium Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Element Indium Market Size Forecast by Type
9.6.1 Primary Indium
9.6.2 Secondary Indium
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Element Indium Market Size Forecast by Applications
9.10.1 ITO Target
9.10.2 Semiconductor
9.10.3 Solder and Alloys
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Element Indium Analysis and Forecast
10.1 Introduction
10.2 Europe Element Indium Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Element Indium Market Size Forecast by Type
10.6.1 Primary Indium
10.6.2 Secondary Indium
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Element Indium Market Size Forecast by Applications
10.10.1 ITO Target
10.10.2 Semiconductor
10.10.3 Solder and Alloys
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Element Indium Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Element Indium Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Element Indium Market Size Forecast by Type
11.6.1 Primary Indium
11.6.2 Secondary Indium
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Element Indium Market Size Forecast by Applications
11.10.1 ITO Target
11.10.2 Semiconductor
11.10.3 Solder and Alloys
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Element Indium Analysis and Forecast
12.1 Introduction
12.2 Latin America Element Indium Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Element Indium Market Size Forecast by Type
12.6.1 Primary Indium
12.6.2 Secondary Indium
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Element Indium Market Size Forecast by Applications
12.10.1 ITO Target
12.10.2 Semiconductor
12.10.3 Solder and Alloys
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Element Indium Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Element Indium Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Element Indium Market Size Forecast by Type
13.6.1 Primary Indium
13.6.2 Secondary Indium
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Element Indium Market Size Forecast by Applications
13.10.1 ITO Target
13.10.2 Semiconductor
13.10.3 Solder and Alloys
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Element Indium Market: Competitive Dashboard
14.2 Global Element Indium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Korea Zinc
14.3.2 Dowa
14.3.3 Asahi Holdings
14.3.4 Teck
14.3.5 Umicore
14.3.6 Nyrstar
14.3.7 YoungPoong
14.3.8 PPM Pure Metals GmbH
14.3.9 Doe Run
14.3.10 China Germanium
14.3.11 Guangxi Debang
14.3.12 Zhuzhou Smelter Group
14.3.13 Huludao Zinc Industry
14.3.14 China Tin Group
14.3.15 GreenNovo
14.3.16 Yuguang Gold and Lead
14.3.17 Zhuzhou Keneng
