Germanium, Global Market Size Forecast, Top 12 Players Rank and Market Share (Internet Services - Other Internet Services)
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Germanium, Global Market Size Forecast, Top 12 Players Rank and Market Share | |
Germanium (Ge), a chemical element between silicon and tin in Group 14 (IVa) of the periodic table, a silvery-gray metalloid, intermediate in properties between the metals and the nonmetals. Germanium did not become economically significant until after 1945, when its properties as a semiconductor were recognized as being of value in electronics. Many other substances now also are used as semiconductors, but germanium remains of primary importance in the manufacture of transistors and of components for devices such as rectifiers and photocells. Pure germanium is a hard, lustrous, gray-white, brittle metalloid. It has a diamond like crystalline structure and it is similar in chemical and physical properties to silicon. Germanium is stable in air and water, and is unaffected by alkalis and acids, except nitric acid. According to the new market research report "Global Germanium Market Report 2023-2029", published by QYResearch, the global Germanium market size is projected to grow from USD 284 million in 2023 to USD 386 million by 2029, at a CAGR of 4.8% during the forecast period. The global key manufacturers of Germanium include Yunnan Germanium, Yunnan Chihong Zn & Ge, Umicore, Teck, Indium Corporation, AXT Inc, Vital Pure Metal Solutions Gmbh, Sihuan Zinc & Germanium, Shenzhen Zhongjin Lingnan, JSC Germanium, etc. In 2022, the global top five players had a share approximately 73.0% in terms of revenue. Market Drivers: The development of germanium resources is concentrated, and germanium mining will shift to a low-growth mode in the future. Most germanium mines in the United States are dominated by zinc-lead associated mines, and the potential decline in production of lead-zinc mines will directly lead to a decline in associated germanium production. China is the world's major producer of germanium. As germanium mining tightens and the Chinese government restricts germanium exports, the global price of germanium is likely to rise. Restraint: With the transformation of China’s industry and the expansion of the middle class, high-quality products will become more and more popular. However, China is under increasing external pressure, and the relationship between China and the United States is approaching a new Cold War, although this is something that everyone does not want to see. Once China’s external environment and trade conditions continue to deteriorate, China’s economic development will be greatly restricted. For foreign players, market investment is easily affected by the political economy of the country in which they are located, and the United States is asking its allies to choose one sides. Similarly, the side effects of political confrontation will also affect the development of American and European manufacturers. Opportunity: Germanium has many special properties and has extensive and important applications in semiconductors, aerospace measurement and control, nuclear physics detection, optical fiber communications, infrared optics, solar cells, chemical catalysts, biomedicine and other fields. It is an important strategic resource. . Overall, the demand for germanium shows a steady upward trend. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target Nation: All Nations Target City : All Cities Last Update : 29 March 2024 3:33 AM Number of Views: 60 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-11-17 (0.226 sec)