Market Overview:
The global zinc germanium phosphide (ZGP) market is expected to register a CAGR of xx% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for ZGP from various applications such as military, pharmaceuticals, optical and others. Moreover, rising demand for ZGP from developing countries is another key factor that is expected to fuel the growth of the global zinc germanium phosphide (ZGP) market during the forecast period. Based on type, the global zinc germanium phosphide (ZGP) market has been segmented into purity 99%, purity 99.9%, purity 99.99% and others. Purity 99% held a major share of the global zinc germanium phosphide (ZGP) market in 2017 and is projected to retain its dominance throughout the forecast period. This can be attributed to its widespread use in various applications such as military, pharmaceuticals and optical among others. On basis of application, military held a dominant share of more than 50% in 2017 and is projected to maintain its lead throughoutthe forecast period owingto growing demand for ZPG from this sector across different regions worldwide .
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Product Definition:
Zinc Germanium Phosphide (ZGP) is a material that has been used in optical applications. It is a type of semiconductor and can be used to create light emitting diodes (LEDs).
Purity 99%:
Purity 99% is a term used for the highest level of purity, which means that there is no contamination or other impurities in the final product. It has been used as an independent standard to test and regulate the quality of single-phase pure metals such as gold, silver and copper. The purity 99% process was developed by ICP (Institut fur Chemie Praktische Physik) in Germany for testing zinc germanium phosphide (ZGP).
Purity 99.9%:
Purity 99.9% is a term used for purest form of gold, which has no equal in the market. It is also known as electrum and consists of fine particles that are easily separable by vacuum filtration or centrifugation. Purity refers to high degree of fineness, low particle size, and high electrical and thermal conductivity among other properties. Gold purity level varies from about 99% (highest) to 999%.
Application Insights:
The military application segment led the global zinc germanium phosphide (ZGP) market in 2017. The growing use of ZGP for manufacturing infrared and microwave detection devices is expected to drive demand over the forecast period. In addition, increasing defense expenditure coupled with a rise in terrorist activities across various regions including Asia Pacific is expected to propel industry growth over the coming years.
The optical application segment accounted for 5% share of the total revenue in 2017 owing to rising demand from end-use industries such as telecom and ITO which are based on thin film coatings, optoelectronic packaging materials, solar cells/wafers and flexible electronics among others. Other applications include energy storage systems & batteries, consumer durables such as refrigerators and washing machines along with other niche applications such as medical equipment used during MRI scanning etcetera.
Regional Analysis:
Asia Pacific dominated the global zinc germanium phosphide market in terms of both volume and revenue. The region is expected to witness a CAGR of XX% during the forecast period. Increasing demand for semiconductors, growing electronics industry, and presence of key manufacturers such as Wuxi Zinc Germanium Co., Ltd., China; SEGWAY INC.; Fujikura Ltd., Japan; and Infineon Technologies AG are some factors driving regional growth.
The Asia Pacific was followed by Europe in terms of both volume and revenue owing to high prevalence of eye disorders coupled with rising adoption in optoelectronics applications. In addition, increasing defense budget by NATO countries is anticipated to drive product demand across this region over the forecast period.
Growth Factors:
- Increasing demand from the optoelectronics and photonics industry for infrared detectors and laser diodes
- Growing demand for ZGP in optical communication systems
- Rising use of ZGP in solar energy applications
- Increasing adoption of ZGP in medical imaging devices
- Growing popularity of ZGP as a material for thermal management
Scope Of The Report
Report Attributes
Report Details
Report Title
Zinc Germanium Phosphide (ZGP) Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Others
By Application
Military, Pharmaceutical, Optical, Others
By Companies
Inrad Optics, American Elements, 3photon
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Zinc Germanium Phosphide (ZGP) Market Report Segments:
The global Zinc Germanium Phosphide (ZGP) market is segmented on the basis of:
Types
Purity 99%, Purity 99.9%, Purity 99.99%, 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
Military, Pharmaceutical, Optical, 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:
- Inrad Optics
- American Elements
- 3photon
 Market Overview.svg)
Highlights of The Zinc Germanium Phosphide (ZGP) 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:
- Purity 99%
- Purity 99.9%
- Purity 99.99%
- Others
- By Application:
- Military
- Pharmaceutical
- Optical
- 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 Zinc Germanium Phosphide (ZGP) 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
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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?
Zinc Germanium Phosphide is a semiconductor material that can be used in electronic devices. It has the ability to conduct electricity and heat well, making it a good choice for applications such as solar energy cells and LED lights.
Some of the major companies in the zinc germanium phosphide (zgp) market are Inrad Optics, American Elements, 3photon.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size & Forecast, 2018-2028
4.5.1 Zinc Germanium Phosphide (ZGP) Market Size and Y-o-Y Growth
4.5.2 Zinc Germanium Phosphide (ZGP) Market Absolute $ Opportunity
Chapter 5 Global Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 99.9%
5.2.3 Purity 99.99%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
6.2.1 Military
6.2.2 Pharmaceutical
6.2.3 Optical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Analysis and Forecast
9.1 Introduction
9.2 North America Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 99.9%
9.6.3 Purity 99.99%
9.6.4 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
9.10.1 Military
9.10.2 Pharmaceutical
9.10.3 Optical
9.10.4 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 Zinc Germanium Phosphide (ZGP) Analysis and Forecast
10.1 Introduction
10.2 Europe Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 99.9%
10.6.3 Purity 99.99%
10.6.4 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
10.10.1 Military
10.10.2 Pharmaceutical
10.10.3 Optical
10.10.4 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 Zinc Germanium Phosphide (ZGP) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 99.9%
11.6.3 Purity 99.99%
11.6.4 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
11.10.1 Military
11.10.2 Pharmaceutical
11.10.3 Optical
11.10.4 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 Zinc Germanium Phosphide (ZGP) Analysis and Forecast
12.1 Introduction
12.2 Latin America Zinc Germanium Phosphide (ZGP) 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 99.9%
12.6.3 Purity 99.99%
12.6.4 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 Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
12.10.1 Military
12.10.2 Pharmaceutical
12.10.3 Optical
12.10.4 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) Zinc Germanium Phosphide (ZGP) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Zinc Germanium Phosphide (ZGP) 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) Zinc Germanium Phosphide (ZGP) Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 99.9%
13.6.3 Purity 99.99%
13.6.4 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) Zinc Germanium Phosphide (ZGP) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Pharmaceutical
13.10.3 Optical
13.10.4 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 Zinc Germanium Phosphide (ZGP) Market: Competitive Dashboard
14.2 Global Zinc Germanium Phosphide (ZGP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inrad Optics
14.3.2 American Elements
14.3.3 3photon
