Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Trimethylindium (TMI) Market by Type (More than or euqal to99.9995%, More than or euqal to99.9998%, More than or euqal to99.9999%, Others), By Application (Laser Diodes, Sensors (VCSEL), Light Emitting Diodes (LED), Concentrated Photovoltaic Cells (CPV), Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Trimethylindium (TMI) Market by Type (More than or euqal to99.9995%, More than or euqal to99.9998%, More than or euqal to99.9999%, Others), By Application (Laser Diodes, Sensors (VCSEL), Light Emitting Diodes (LED), Concentrated Photovoltaic Cells (CPV), Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 217209 3300 Chemical & Material 377 242 Pages 4.7 (45)
                                          

Market Overview:


The global trimethylindium (TMI) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the global trimethylindium (TMI) market can be attributed to the increasing demand for laser diodes, sensors (VCSEL), light emitting diodes (LED), concentrated photovoltaic cells (CPV), and others. Trimethylindium is used as a dopant in these applications, which is driving the growth of the global trimethylindium market. Additionally, rising demand for semiconductor devices and optoelectronics products are also contributing to the growth of this market.


Global Trimethylindium (TMI) Industry Outlook


Product Definition:


A colorless, flammable liquid with a strong odor. Trimethylindium is used as a catalyst in the production of polyethylene terephthalate (PET) from ethylene glycol and terephthalic acid.


More than or euqal to99.9995%:


More than or euqal to99.9995% is a solution of indium in ethanol, which has been used as an indicator for the presence of trimethylindium in catalysts and polymerization processes.


More than or euqal to99.9998%:


More than or euqal to99.9998% is More than or equal to 99.9%, and it's used in the production of Trimethylindium (TMI). TMI is an industrial chemical, which finds application as a catalyst for manufacturing indigo dyes and as an additive in rubber, plastic, paints & coatings industries.


Application Insights:


The laser diodes application segment accounted for the largest revenue share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. The global market has witnessed a surge in demand for various types of lasers owing to their wide applications such as cutting, welding, drilling, etc. Trimethylindium (TMI) is used as an alloying agent in InGaN based PDPs and Q-PDSAs that are used in various types of laser diode applications such as red (600 nm - 635 nm), blue (400nm - 420nm), green (532nm), and other wavelengths ranging from near UV through infrared regions.


Other major applications include sensors which are widely utilized across several end-use industries including automotive/transportation electronics, medical equipment/instruments, security & surveillance systems among others.


Regional Analysis:


Asia Pacific region dominated the global market in terms of revenue with a share of over 60.0% in 2017. The growth is majorly attributed to rising demand for LEDs and CPV from China, India, Japan, South Korea and Taiwan. The concentration photovoltaic cell (CPV) application segment is expected to witness significant growth due to growing awareness regarding its benefits across several countries including China and India over the forecast period.


The Asia Pacific regional market will expand further at a steady CAGR from 2018 to 2030 owing to increasing product utilization in laser diodes as well as light-emitting diode applications across various end-use industries such as automotive, consumer electronics among others which are anticipated drive industry expansion over the coming years.


Growth Factors:


  • Increasing demand from the electronics and semiconductor industry for TMI as a precursor to indium tin oxide (ITO) used in touch screens and flat panel displays.
  • Rising demand for TMI in solar energy applications due to its high optical transparency and low cost.
  • Growing use of TMI in LED lighting as a dopant material to improve light output and efficiency.
  • Increasing adoption of trimethylindium by the pharmaceutical industry for the manufacture of drugs that require precision delivery systems such as inhalers, patches, and injectables.

Scope Of The Report

Report Attributes

Report Details

Report Title

Trimethylindium (TMI) Market Research Report

By Type

More than or euqal to99.9995%, More than or euqal to99.9998%, More than or euqal to99.9999%, Others

By Application

Laser Diodes, Sensors (VCSEL), Light Emitting Diodes (LED), Concentrated Photovoltaic Cells (CPV), Others

By Companies

LANXESS, Merck KGaA, SAFC Hitech, Dow Chemical Co, Jiangsu Nata Opto, Nouryon (Akzo Nobel), ARGOSUN

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 Trimethylindium (TMI) Market Report Segments:

The global Trimethylindium (TMI) market is segmented on the basis of:

Types

More than or euqal to99.9995%, More than or euqal to99.9998%, More than or euqal to99.9999%, 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

Laser Diodes, Sensors (VCSEL), Light Emitting Diodes (LED), Concentrated Photovoltaic Cells (CPV), 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:

  1. LANXESS
  2. Merck KGaA
  3. SAFC Hitech
  4. Dow Chemical Co
  5. Jiangsu Nata Opto
  6. Nouryon (Akzo Nobel)
  7. ARGOSUN

Global Trimethylindium (TMI) Market Overview


Highlights of The Trimethylindium (TMI) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. More than or euqal to99.9995%
    2. More than or euqal to99.9998%
    3. More than or euqal to99.9999%
    4. Others
  1. By Application:

    1. Laser Diodes
    2. Sensors (VCSEL)
    3. Light Emitting Diodes (LED)
    4. Concentrated Photovoltaic Cells (CPV)
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Trimethylindium (TMI) 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

Global Trimethylindium (TMI) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Trimethylindium is a rare earth element with the symbol Tm and atomic number 61. It is found in small amounts in the Earth's crust.

Some of the major players in the trimethylindium (tmi) market are LANXESS, Merck KGaA, SAFC Hitech, Dow Chemical Co, Jiangsu Nata Opto, Nouryon (Akzo Nobel), ARGOSUN.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Trimethylindium (TMI) 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. Trimethylindium (TMI) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Trimethylindium (TMI) Market - Supply Chain
   4.5. Global Trimethylindium (TMI) Market Forecast
      4.5.1. Trimethylindium (TMI) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Trimethylindium (TMI) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Trimethylindium (TMI) Market Absolute $ Opportunity

5. Global Trimethylindium (TMI) 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. Trimethylindium (TMI) Market Size and Volume Forecast by Type
      5.3.1. More than or euqal to99.9995%
      5.3.2. More than or euqal to99.9998%
      5.3.3. More than or euqal to99.9999%
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Trimethylindium (TMI) 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. Trimethylindium (TMI) Market Size and Volume Forecast by Application
      6.3.1. Laser Diodes
      6.3.2. Sensors (VCSEL)
      6.3.3. Light Emitting Diodes (LED)
      6.3.4. Concentrated Photovoltaic Cells (CPV)
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Trimethylindium (TMI) 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. Trimethylindium (TMI) 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 Trimethylindium (TMI) 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. Trimethylindium (TMI) 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 Trimethylindium (TMI) Demand Share Forecast, 2019-2026

9. North America Trimethylindium (TMI) 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 Trimethylindium (TMI) 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 Trimethylindium (TMI) Market Size and Volume Forecast by Application
      9.4.1. Laser Diodes
      9.4.2. Sensors (VCSEL)
      9.4.3. Light Emitting Diodes (LED)
      9.4.4. Concentrated Photovoltaic Cells (CPV)
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Trimethylindium (TMI) Market Size and Volume Forecast by Type
      9.7.1. More than or euqal to99.9995%
      9.7.2. More than or euqal to99.9998%
      9.7.3. More than or euqal to99.9999%
      9.7.4. Others
   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 Trimethylindium (TMI) Demand Share Forecast, 2019-2026

10. Latin America Trimethylindium (TMI) 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 Trimethylindium (TMI) 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 Trimethylindium (TMI) Market Size and Volume Forecast by Application
      10.4.1. Laser Diodes
      10.4.2. Sensors (VCSEL)
      10.4.3. Light Emitting Diodes (LED)
      10.4.4. Concentrated Photovoltaic Cells (CPV)
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Trimethylindium (TMI) Market Size and Volume Forecast by Type
      10.7.1. More than or euqal to99.9995%
      10.7.2. More than or euqal to99.9998%
      10.7.3. More than or euqal to99.9999%
      10.7.4. Others
   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 Trimethylindium (TMI) Demand Share Forecast, 2019-2026

11. Europe Trimethylindium (TMI) 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 Trimethylindium (TMI) 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 Trimethylindium (TMI) Market Size and Volume Forecast by Application
      11.4.1. Laser Diodes
      11.4.2. Sensors (VCSEL)
      11.4.3. Light Emitting Diodes (LED)
      11.4.4. Concentrated Photovoltaic Cells (CPV)
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Trimethylindium (TMI) Market Size and Volume Forecast by Type
      11.7.1. More than or euqal to99.9995%
      11.7.2. Mor than or euqal to99.9998%
      11.7.3. More than or euqal to99.9999%
      11.7.4. Others
   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 Trimethylindium (TMI) Demand Share, 2019-2026

12. Asia Pacific Trimethylindium (TMI) 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 Trimethylindium (TMI) 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 Trimethylindium (TMI) Market Size and Volume Forecast by Application
      12.4.1. Laser Diodes
      12.4.2. Sensors (VCSEL)
      12.4.3. Light Emitting Diodes (LED)
      12.4.4. Concentrated Photovoltaic Cells (CPV)
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Trimethylindium (TMI) Market Size and Volume Forecast by Type
      12.7.1. More than or euqal to99.9995%
      12.7.2. More than or euqal to99.9998%
      12.7.3. More than or euqal to99.9999%
      12.7.4. Others
   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 Trimethylindium (TMI) Demand Share, 2019-2026

13. Middle East & Africa Trimethylindium (TMI) 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 Trimethylindium (TMI) 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 Trimethylindium (TMI) Market Size and Volume Forecast by Application
      13.4.1. Laser Diodes
      13.4.2. Sensors (VCSEL)
      13.4.3. Light Emitting Diodes (LED)
      13.4.4. Concentrated Photovoltaic Cells (CPV)
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Trimethylindium (TMI) Market Size and Volume Forecast by Type
      13.7.1. More than or euqal to99.9995%
      13.7.2. More than or euqal to99.9998%
      13.7.3. More than or euqal to99.9999%
      13.7.4. Others
   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 Trimethylindium (TMI) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Trimethylindium (TMI) Market: Market Share Analysis
   14.2. Trimethylindium (TMI) Distributors and Customers
   14.3. Trimethylindium (TMI) 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. Nouryon (Akzo Nobel)
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. ARGOSUN
         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

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