Market Overview:
The global trimethyl gallium market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED and solar cells across the globe. Trimethyl gallium is used as a dopant in these applications, which is driving the growth of the market. Additionally, rising investments in research and development for new applications of trimethyl gallium are also propelling the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market to some extent duringthe forecast period.
Product Definition:
Trimethyl gallium is a chemical compound with the formula Ga(CH3)3. It is a colorless liquid that is soluble in organic solvents. Trimethyl gallium can be used as a source of gallium metal, which has many applications in the semiconductor industry.
6N Grade Trimethyl Gallium:
6N grade trimethyl gallium is a metalorganic chemical, which contains six carbon atoms and one nitrogen atom. It has a color code of written as Ga (Gold) because of its similar properties with gold. 6N-Ga has the highest boiling point among all the commercial compounds and also among all metals; it also shares some similar properties with gallium, such as high thermal conductivity and low electrical conductivity.
6.5N Grade Trimethyl Gallium:
6.5N grade trimethyl gallium is a type of Ga alloy and it's mainly used in the production of infrared optical windows for JWTR technology.
Application Insights:
LED application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to growing demand for LED light sources from various end-use applications, such as automotive, construction and lighting, electronics and appliances. Moreover, increasing production of LEDs is further expected to drive the global trimethyl gallium market over the forecast period.
Solar cell application segment was another prominent segment accounting for a significant volume share in 2017 owing to rising demand from various end-use applications including energy generation through photovoltaic cells on account of high efficiency solar panels producing less waste products during its manufacturing process. Growing environmental concerns regarding greenhouse gas emissions have driven manufacturers towards developing low carbon energy sources that are renewable like solar power which accounts for a major portion of global electricity consumption globally which will further propel industry growth over next eight years or so till 2030 with an estimated CAGR around 11% till then.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of over 55% in 2017 owing to high product demand from various end-use industries, such as electronics, lighting, solar cells and automotive. China led the Asia Pacific market with a consumption of nearly 1 kilotons in 2017.
The growth of key end-use markets including LED lighting, electronics manufacturing and automobile production is anticipated to augment industry growth across developing countries like India and South Korea during the forecast period. North America emerged as one of the prominent consumers due to growing product demand from LED lighting applications along with steady growths observed in solar cell installations across U.S., Mexico and Canada since 2010s which resulted into increased usage Triglyceride Gallium (TAG) based semiconductor materials for producing LEDs & Solar Cells (LSI).
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for Trimethyl Gallium as a precursor to gallium arsenide (GaAs) chips.
- Growing demand for LED lighting, which uses GaAs chips as light emitters.
- The increasing popularity of solar energy, due to the high efficiency of GaAs-based solar cells.
- The development of new applications for Trimethyl Gallium in areas such as biotechnology and medical imaging.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethyl Gallium Market Research Report
By Type
6N Grade Trimethyl Gallium, 6.5N Grade Trimethyl Gallium, Others
By Application
LED, Solar Cells, Others
By Companies
Akzo Nobel, DOW, SAFC Hitech, Albemarle, Nata, Akzo Nobel
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Trimethyl Gallium Market Report Segments:
The global Trimethyl Gallium market is segmented on the basis of:
Types
6N Grade Trimethyl Gallium, 6.5N Grade Trimethyl Gallium, Others
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
LED, Solar Cells, Others
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:
- Akzo Nobel
- DOW
- SAFC Hitech
- Albemarle
- Nata
- Akzo Nobel
Highlights of The Trimethyl Gallium 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:
- 6N Grade Trimethyl Gallium
- 6.5N Grade Trimethyl Gallium
- Others
- By Application:
- LED
- Solar Cells
- Others
- 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 Trimethyl Gallium 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?
Trimethyl gallium is a rare earth element with the symbol Tm Ga and atomic number 61. It is a soft, silvery-white metal that tarnishes when exposed to air. Trimethyl gallium is used in various electronic components, including lasers and light-emitting diodes (LEDs).
Some of the major players in the trimethyl gallium market are Akzo Nobel, DOW, SAFC Hitech, Albemarle, Nata, Akzo Nobel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trimethyl Gallium 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 Trimethyl Gallium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trimethyl Gallium 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 Trimethyl Gallium 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 Trimethyl Gallium Market Size & Forecast, 2020-2028
4.5.1 Trimethyl Gallium Market Size and Y-o-Y Growth
4.5.2 Trimethyl Gallium Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 6N Grade Trimethyl Gallium
5.2.2 6.5N Grade Trimethyl Gallium
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 LED
6.2.2 Solar Cells
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trimethyl Gallium 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 Trimethyl Gallium 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 6N Grade Trimethyl Gallium
9.6.2 6.5N Grade Trimethyl Gallium
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 LED
9.10.2 Solar Cells
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 6N Grade Trimethyl Gallium
10.6.2 6.5N Grade Trimethyl Gallium
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 LED
10.10.2 Solar Cells
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 6N Grade Trimethyl Gallium
11.6.2 6.5N Grade Trimethyl Gallium
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 LED
11.10.2 Solar Cells
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 6N Grade Trimethyl Gallium
12.6.2 6.5N Grade Trimethyl Gallium
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 LED
12.10.2 Solar Cells
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 6N Grade Trimethyl Gallium
13.6.2 6.5N Grade Trimethyl Gallium
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 LED
13.10.2 Solar Cells
13.10.3 Others
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 Trimethyl Gallium Market: Competitive Dashboard
14.2 Global Trimethyl Gallium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 DOW
14.3.3 SAFC Hitech
14.3.4 Albemarle
14.3.5 Nata
14.3.6 Akzo Nobel
