The global demand for Germanium Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Germanium is a brittle precious metalloid which is very reactive in its pure form. It generally occurs in five different isotopic forms naturally. The main use of germanium is in semiconductors. The various applications of germanium are solar panels, used in wireless communication devices along with silicon, LEDs, optical instruments like spectroscope & microscope and in polymerization as catalysts. In recent times it is being sought after in quantum computing. In the health care sector germanium is being used as an alternative medicine for treating chronic diseases like cancer though it remains unapproved by the FDA. Prolonged intake or exposure to germanium can be detrimental to humans.
Growing demand for solid-state electronics is a major driver of the germanium market. The potential applications of germanium in the fields of optics, microelectronics and photo electronics will be a major market booster. Germanium being used in the manufacture of infrared devices due to its versatility towards the infrared radiation will boost the growth of this market. The increasing need for renewables to meet the demands of the global population will further propel the germanium market used in the construction of solar cells. The use of germanium in the production of polymer-based products will enhance its growth in the plastic industry. The germanium market is highly demanding and will not be greatly affected by COVID-19 pandemic except for reduced production. The key factors which will hamper the growth of this market are high costs, limited availability and associated health hazards.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of germanium.
The entire germanium market has been sub-categorized into application and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Solar Panels
- Consumer Electronics
- Renewable Energy
This section covers regional segmentation which accentuates on current and future demand for germanium market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Germanium Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the germanium market include Yunnan Chihong Zinc & Germanium Co., Ltd., Yunnan Lincang Xinyuan Germanium Industry Co., Ltd., Shaoguan Smelting Plant, China Germanium Co., Ltd., Yunnan Luoping Zinc & Electricity Co., Ltd., Teck, Hangzhou Zhonghao technology Co., Ltd., JSC Germanium, Umicore N.V., PPM Pure Metals GmbH. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.