Market Overview:
The global trimethylaluminum (TMA) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the TMA market can be attributed to the increasing demand for solar cells and semiconductors. In addition, the growing demand for TMA in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. On the basis of type, TMAL Solar is expected to account for a major share of the global TMA market during the forecast period. This can be attributed to its growing use in solar cell manufacturing industry.
Product Definition:
A colorless liquid with a faintly sweet odor. It is used as a Lewis acid in organic synthesis and as a catalyst in the production of polyethylene terephthalate.
TMAL Solar:
TMAL solar is a technology developed by Tri methyl aluminum (TMA) market player, IteMate to enable cost effective manufacturing of high purity trimethylaluminum. TMAL solar enables production of TMA with 99%+ purity and the yield rate can be increased by 10 times as compared to traditional methods. The process also provides higher flexibility in terms of capacity and operating frequency which is expected to drive the TMAL solar market growth over the forecast period.
TMAL SSG:
TMAL SSG is a special grade of trimethylaluminum which has been developed for the synthesis of polysulfide. It is manufactured by the solid-state reaction and has no liquid phase counterpart. TMAL SSG offers several advantages over its conventional counterparts, such as higher efficiency in terms of yield and shorter reaction time.
The global TMA market size was valued at USD 1,078 million in 2016.
Application Insights:
The global market is segmented by application into the solar cell manufacturing industry, semiconductor industry, and others. The solar cell manufacturing industry dominated the overall market in terms of revenue share at over 60% in 2017. This high share was attributable to increasing demand for clean energy sources such as wind and solar that are increasingly replacing fossil fuels. Rising environmental concerns regarding greenhouse gas emissions have also driven manufacturers toward developing renewable sources of energy such as wind and solar for power generation purposes which has consequently increased TMA consumption within the cells production process globally.
TMA is used extensively across various applications including semiconductors, electronics (transistors), coatings & adhesives (bonding), plastics & elastomers (engineering polymers) due to its superior chemical properties including low boiling point, high strength/weight ratio along with other related benefits such as corrosion resistance.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a volume share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing production of solar cells and electronic products in China, India, South Korea, Japan, Taiwan, and Indonesia. In addition to this., rising construction activities owing to growing population are also likely boost product demand across this region.
The industry participants are focusing on capacity expansion due to high demand from end-use industries such as electronics & semiconductors and solar cell manufacturing industry coupled with government incentives offered by various countries such as Thailand (free land), Malaysia (zero import duty), Philippines (0% import duty for first five years), Vietnam (cash grant equivalent worth USD X million) among others have created ample growth opportunities for global TMA market players operating within Asia Pacific region.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and construction is expected to drive the TMA market growth over the forecast period.
- Growing demand for lightweight materials in automotive and aerospace industry is projected to boost the TMA market growth.
- Rising investments in construction sector coupled with increasing use of trimethylaluminum in insulation foams is anticipated to propel the market growth during the forecast period.
- Growing popularity of polymeric composites as a replacement for traditional metals is expected to fuel trimethylaluminum market demand over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethylaluminum (TMA) Market Research Report
By Type
TMAL Solar, TMAL SSG, TMAL LO, TMAL IC
By Application
Solar Cell Manufacturing Industry, Semiconductor Industry, Others
By Companies
LANXESS, Merck KGaA, SAFC Hitech, Dow Chemical Co, Jiangsu Nata Opto, ARGOSUN, Albemarle, Nouryon (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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Trimethylaluminum (TMA) Market Report Segments:
The global Trimethylaluminum (TMA) market is segmented on the basis of:
Types
TMAL Solar, TMAL SSG, TMAL LO, TMAL IC
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
Solar Cell Manufacturing Industry, Semiconductor Industry, 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:
- LANXESS
- Merck KGaA
- SAFC Hitech
- Dow Chemical Co
- Jiangsu Nata Opto
- ARGOSUN
- Albemarle
- Nouryon (Akzo Nobel)
Highlights of The Trimethylaluminum (TMA) 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:
- TMAL Solar
- TMAL SSG
- TMAL LO
- TMAL IC
- By Application:
- Solar Cell Manufacturing Industry
- Semiconductor Industry
- 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 Trimethylaluminum (TMA) 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
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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?
Trimethylaluminum is a chemical used in the production of polyurethane and other plastics.
Some of the major players in the trimethylaluminum (tma) market are LANXESS, Merck KGaA, SAFC Hitech, Dow Chemical Co, Jiangsu Nata Opto, ARGOSUN, Albemarle, Nouryon (Akzo Nobel).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trimethylaluminum (TMA) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Trimethylaluminum (TMA) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trimethylaluminum (TMA) Market - Supply Chain
4.5. Global Trimethylaluminum (TMA) Market Forecast
4.5.1. Trimethylaluminum (TMA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trimethylaluminum (TMA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trimethylaluminum (TMA) Market Absolute $ Opportunity
5. Global Trimethylaluminum (TMA) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
5.3.1. TMAL Solar
5.3.2. TMAL SSG
5.3.3. TMAL LO
5.3.4. TMAL IC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trimethylaluminum (TMA) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
6.3.1. Solar Cell Manufacturing Industry
6.3.2. Semiconductor Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trimethylaluminum (TMA) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Trimethylaluminum (TMA) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Trimethylaluminum (TMA) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Trimethylaluminum (TMA) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Trimethylaluminum (TMA) Demand Share Forecast, 2019-2026
9. North America Trimethylaluminum (TMA) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Trimethylaluminum (TMA) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
9.4.1. Solar Cell Manufacturing Industry
9.4.2. Semiconductor Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
9.7.1. TMAL Solar
9.7.2. TMAL SSG
9.7.3. TMAL LO
9.7.4. TMAL IC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Trimethylaluminum (TMA) Demand Share Forecast, 2019-2026
10. Latin America Trimethylaluminum (TMA) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Trimethylaluminum (TMA) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
10.4.1. Solar Cell Manufacturing Industry
10.4.2. Semiconductor Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
10.7.1. TMAL Solar
10.7.2. TMAL SSG
10.7.3. TMAL LO
10.7.4. TMAL IC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Trimethylaluminum (TMA) Demand Share Forecast, 2019-2026
11. Europe Trimethylaluminum (TMA) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Trimethylaluminum (TMA) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
11.4.1. Solar Cell Manufacturing Industry
11.4.2. Semiconductor Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
11.7.1. TMAL Solar
11.7.2. TMAL SSG
11.7.3. TMAL LO
11.7.4. TMAL IC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Trimethylaluminum (TMA) Demand Share, 2019-2026
12. Asia Pacific Trimethylaluminum (TMA) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Trimethylaluminum (TMA) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
12.4.1. Solar Cell Manufacturing Industry
12.4.2. Semiconductor Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
12.7.1. TMAL Solar
12.7.2. TMAL SSG
12.7.3. TMAL LO
12.7.4. TMAL IC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Trimethylaluminum (TMA) Demand Share, 2019-2026
13. Middle East & Africa Trimethylaluminum (TMA) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Trimethylaluminum (TMA) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Trimethylaluminum (TMA) Market Size and Volume Forecast by Application
13.4.1. Solar Cell Manufacturing Industry
13.4.2. Semiconductor Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trimethylaluminum (TMA) Market Size and Volume Forecast by Type
13.7.1. TMAL Solar
13.7.2. TMAL SSG
13.7.3. TMAL LO
13.7.4. TMAL IC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Trimethylaluminum (TMA) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trimethylaluminum (TMA) Market: Market Share Analysis
14.2. Trimethylaluminum (TMA) Distributors and Customers
14.3. Trimethylaluminum (TMA) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LANXESS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Merck KGaA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SAFC Hitech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dow Chemical Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jiangsu Nata Opto
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ARGOSUN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Albemarle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nouryon (Akzo Nobel)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook