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Indium is a post-transition metallic element that is rare in Earth's crust. It has no obvious role in biological processes, but is of considerable industrial importance. The main source of indium is zinc concentrates (indium containing 0.0001 ~ 0.1%), recovered as a byproduct in the smelting of zinc ore and tin smelting process. Indium is mainly used for production of indium tin oxide (ITO), alloys and solders. Another important use of indium was for III-V semiconductor materials for light-emitting diodes (LEDs) and laser diodes. Some manufactures also extract indium from the waste electronic materials (ITO).
According to our (Global Info Research) latest study, the global Indium market size was valued at USD 465.7 million in 2022 and is forecast to a readjusted size of USD 679.7 million by 2029 with a CAGR of 5.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Japan is the largest manufacture region with about 32% market share. China and Korea are follower, account for about 49% market share.
The main manufacturers are Korea Zinc, Dowa, Asahi Holdings, Teck, Umicore, Nyrstar, YoungPoong, PPM Pure Metals GmbH, Doe Run, China Germanium, Guangxi Debang, Zhuzhou Smelter Group, Huludao Zinc Industry, China Tin Group, GreenNovo, Yuguang Gold and Lead, Zhuzhou Keneng etc. Dowa is the largest manufacturer with about 12% market share.
This report is a detailed and comprehensive analysis for global Indium market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Indium market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2018-2029
Global Indium market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2018-2029
Global Indium market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2018-2029
Global Indium market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/KG), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Indium
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Indium market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Korea Zinc, Dowa, Asahi Holdings, Teck and Umicore, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Indium market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Primary Indium
- Secondary Indium
Market segment by Application
- ITO
- Semiconductor
- Solder and Alloys
- Others
Major players covered
- Korea Zinc
- Dowa
- Asahi Holdings
- Teck
- Umicore
- Nyrstar
- YoungPoong
- PPM Pure Metals GmbH
- Doe Run
- China Germanium
- Guangxi Debang
- Zhuzhou Smelter Group
- Huludao Zinc Industry
- China Tin Group
- GreenNovo
- Yuguang Gold and Lead
- Zhuzhou Keneng
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Indium product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Indium, with price, sales, revenue and global market share of Indium from 2018 to 2023.
Chapter 3, the Indium competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Indium breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Indium market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Indium.
Chapter 14 and 15, to describe Indium sales channel, distributors, customers, research findings and conclusion.