Dublin, April 19, 2022 (GLOBE NEWSWIRE) -- The "Global Germanium Market Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.
This report provides deep insight into the market's current and future state across various regions. According to the publisher, the Global Germanium market is expected to witness a significant growth rate during the forecasted period.
Germanium is used to fabricate high-speed integrated circuits because of the much faster properties of SiGe junctions, SiGe chips, which are low-cost and well-established, high-brightness LEDs used for automobile headlights backlight LCD screens, fluorescent lamps, and solid-state light-emitting diodes are estimated to drive the global Germanium market.
In addition to this, the endless supply of solar radiation makes this unique green technology look very promising in terms of price, safety, sustainability, and clean means of transportation. With aircraft capable of demonstrating a vast capability for continuous flight, the concept of a solar-powered airplane design outfitted with power devices utilizing Germanium that include photovoltaic cells, rechargeable batteries, and maximum power point tracker is expected to drive the global Germanium market.
Further, Germanium is an asset for the Chemical Industry as it catalyzes polymerization processes such as the production of PET (polyethylene terephthalate) used to make bottles, the Germanium employed improves transparency and persists at very low concentration levels of a few tens of ppm in such goods is projected to drive the Global Germanium market. However, its high cost, limited supply, and health risks are expected to stifle expansion in the global Germanium market throughout the forecast period.
Precious metal alloys are created using Germanium as it reduces fire scale, increases tarnish resistance, and improves precipitation hardening, in gas chromatography columns, Germanium is useful for beamline single-crystal neutron or synchrotron X-ray monochromators, in neutron and high energy X-ray applications, infrared spectroscopes, and other optical equipment requiring sensitive infrared detectors.
The electronics industry is a vital consumer of Germanium and is expected to drive the global Germanium market. In electronics, Germanium is used in diodes, transistors, and rectifiers, which perform most of the activities performed by tubes and some functions that tubes cannot perform. Germanium and transistors are smaller, lighter, and less expensive than their tube counterparts. They do not require a heated filament or heat, therefore they require significantly less power to run.
They appear to have an infinitely long life and are stress-resistant, making them ideal for usage in The much-touted electronic revolution has contributed to their advancement. NXP Semiconductors Inc., Silicon germanium materials and devices manufacturer produced third-quarter sales of USD 2.9 billion, a 26 percent increase over the prior year and better than the midpoint of their guidance.
Overall, customer acceptance of their newest products and long-term demand trends throughout their end markets continue to be unprecedented. Solar panels are a common application for Germanium in the electronics industry as it is an excellent material for wafer substrate multi-junction photovoltaic cells. This material has high efficiency and can perform well in space applications. Because Germanium has a comparable lattice constant to gallium arsenide, it can create gallium arsenide solar cells.
Some of the market's key players are Chemical and Technical Developments Ltd, Indium Corporation, Novotech, Inc, Photonic Sense GmbH, Teck Resources Limited, Umicore Electro-optic Materials, and R.D Mathis Company, among others.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 by Product Type
5.1.1 High purity GeO2
5.1.2 Germanium Tetrachloride
5.1.3 Germanium Ingot
5.2 By Application
5.2.1 Catalyst
5.2.2 Solar Panels
5.2.3 Fiber optics
5.2.4 Consumer Electronics
5.2.5 Others
5.3 By End-User Industry
5.3.1 Electronics
5.3.2 Aerospace
5.3.3 Chemical
5.3.4 Renewable Energy
5.3.5 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 United Kingdom
6.2.2 Germany
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 South America
6.3.1 Brazil
6.3.2 Argentina
6.3.3 Rest of South America
6.4 Asia-Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 South Korea
6.4.5 Rest of Asia-Pacific
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Chemical and Technical Developments Ltd.
7.2 Indium Corporation
7.3 Novotech, Inc.
7.4 Photonic Sense GmbH
7.5 Teck Resources Limited
7.6 Umicore Electro-optic Materials
7.7 R.D Mathis Company
7.8 Inorganic Ventures
7.9 Yunnan Chihong Zinc and Germanium co., Ltd.
7.10 AXT, Inc.
7.11 PPM Pure Metals
7.12 JSC Germanium
7.13 China Germanium Co., Ltd.
7.14 Shaoguan Smelting Plant
7.15 Yunnan Lincang Xinyuan Germanium Industry Co., Ltd.
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/8attpr
