Market Overview:
The global Trimethylgallium (TMG) 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 TMG in LED and solar cells applications. In terms of type, 6N grade TMG is expected to hold a major share of the market during the forecast period. However, 6.5N grade TMG is projected to grow at a higher CAGR owing to its superior properties as compared with other grades of TMG. In terms of application, LED is expected to hold a major share of the global Trimethylgallium (TMG) market during the forecast period.
Product Definition:
A trimethylated gallium compound with the formula Ga(CH3)3. It is a colorless liquid that is soluble in organic solvents. Trimethylgallium has the unusual property of being a superconductor at relatively high temperatures.
6N Grade TMG:
6N-grade TMG is a form of trimethylgallium that has hexagonal close-packed crystal structure. It possesses higher melting point and boiling point as compared to other grades of TMG. 6N grade exhibits better properties such as high thermal conductivity, low viscosity, and good electrical conductivity at room temperature which makes it suitable for applications requiring high performance or special properties.
6.5N Grade TMG:
6.5N-grade TMG is a form of trimethylgallium that has hexagonal close-packed crystal structure.
Application Insights:
LED application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. TMG based LEDs offer high efficiency, long life, low power consumption and are easy to operate compared with other materials used in LED manufacturing. These factors are likely to drive demand over the coming years.
Solar cell application segment is expected register a CAGR of XX% from 2018 to 2030 on account of superior energy generating capabilities exhibited by trimethylgallium compounds when exposed to light. The material also exhibits properties such as thermal stability and electrical conductivity which make it suitable for use in photovoltaic cells applications across various regions globally.
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 45% in 2017 owing to high product demand from LED, solar cells, and other applications. China is projected to remain a key consumer as well as producer of TMG across the globe due to low raw material costs coupled with large scale production capacities.
Europe emerged as the second-largest regional market in 2017 on account of rising product demand from LED lighting applications along with stringent environmental regulations by REACH (Registration, Evaluation, Authorization). North America also held a significant share owing to growing solar cell manufacturing capacity at reduced costs compared to competitors based out of Asia Pacific countries such as China and India.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for TMG as a precursor to gallium arsenide (GaAs) and other III-V materials used in high-performance integrated circuits and solar cells.
- Growing demand for TMG from the LED lighting industry as a dopant for gallium nitride (GaN)-based LEDs, which are increasingly being used in applications such as automotive headlights, traffic signals, and general illumination.
- Rising demand for TMG from the pharmaceuticals industry due to its use in the manufacture of drugs such as galanthamine, an acetylcholinesterase inhibitor used to treat Alzheimer's disease.
- Increasing use of TMG by researchers investigating its potential application in next-generation energy technologies such as solid oxide fuel cells (SOFCs) and lithium ion batteries (LIBs). 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethylgallium (TMG) Market Research Report
By Type
6N Grade TMG, 6.5N Grade TMG, Other
By Application
LED, Solar Cells, Other
By Companies
Akzo Nobel, DOW, SAFC Hitech, Albemarle, Nata
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Trimethylgallium (TMG) Market Report Segments:
The global Trimethylgallium (TMG) market is segmented on the basis of:
Types
6N Grade TMG, 6.5N Grade TMG, Other
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, 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:
- Akzo Nobel
- DOW
- SAFC Hitech
- Albemarle
- Nata
Highlights of The Trimethylgallium (TMG) 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 TMG
- 6.5N Grade TMG
- Other
- By Application:
- LED
- Solar Cells
- 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 Trimethylgallium (TMG) 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?
Trimethylgallium is a rare earth element with the symbol TMG and atomic number 61. It is a soft, silvery-white metal that tarnishes when exposed to air. TMG has several industrial uses, including in the production of gallium nitride semiconductors.
Some of the major companies in the trimethylgallium (tmg) market are Akzo Nobel, DOW, SAFC Hitech, Albemarle, Nata.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trimethylgallium (TMG) 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. Trimethylgallium (TMG) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trimethylgallium (TMG) Market - Supply Chain
4.5. Global Trimethylgallium (TMG) Market Forecast
4.5.1. Trimethylgallium (TMG) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trimethylgallium (TMG) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trimethylgallium (TMG) Market Absolute $ Opportunity
5. Global Trimethylgallium (TMG) 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. Trimethylgallium (TMG) Market Size and Volume Forecast by Type
5.3.1. 6N Grade TMG
5.3.2. 6.5N Grade TMG
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trimethylgallium (TMG) 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. Trimethylgallium (TMG) Market Size and Volume Forecast by Application
6.3.1. LED
6.3.2. Solar Cells
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trimethylgallium (TMG) 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. Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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. Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Demand Share Forecast, 2019-2026
9. North America Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Market Size and Volume Forecast by Application
9.4.1. LED
9.4.2. Solar Cells
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trimethylgallium (TMG) Market Size and Volume Forecast by Type
9.7.1. 6N Grade TMG
9.7.2. 6.5N Grade TMG
9.7.3. Other
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 Trimethylgallium (TMG) Demand Share Forecast, 2019-2026
10. Latin America Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Market Size and Volume Forecast by Application
10.4.1. LED
10.4.2. Solar Cells
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trimethylgallium (TMG) Market Size and Volume Forecast by Type
10.7.1. 6N Grade TMG
10.7.2. 6.5N Grade TMG
10.7.3. Other
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 Trimethylgallium (TMG) Demand Share Forecast, 2019-2026
11. Europe Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Market Size and Volume Forecast by Application
11.4.1. LED
11.4.2. Solar Cells
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trimethylgallium (TMG) Market Size and Volume Forecast by Type
11.7.1. 6N Grade TMG
11.7.2. 6.5N Grade TMG
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y rowth 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 Trimethylgallium (TMG) Demand Share, 2019-2026
12. Asia Pacific Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Market Size and Volume Forecast by Application
12.4.1. LED
12.4.2. Solar Cells
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trimethylgallium (TMG) Market Size and Volume Forecast by Type
12.7.1. 6N Grade TMG
12.7.2. 6.5N Grade TMG
12.7.3. Other
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 Trimethylgallium (TMG) Demand Share, 2019-2026
13. Middle East & Africa Trimethylgallium (TMG) 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 Trimethylgallium (TMG) 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 Trimethylgallium (TMG) Market Size and Volume Forecast by Application
13.4.1. LED
13.4.2. Solar Cells
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trimethylgallium (TMG) Market Size and Volume Forecast by Type
13.7.1. 6N Grade TMG
13.7.2. 6.5N Grade TMG
13.7.3. Other
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 Trimethylgallium (TMG) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trimethylgallium (TMG) Market: Market Share Analysis
14.2. Trimethylgallium (TMG) Distributors and Customers
14.3. Trimethylgallium (TMG) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DOW
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. Albemarle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nata
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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