Indium as a metal possesses various distinctive properties and is a soft silvery-white metal occurring naturally, combined with zinc and some other metals. It has distinctive properties such as unique bonding with nonmetallic substances, cold welding, high rate of thermal transfer, consistent properties at cryogenic temperatures, and softness. Indium tin oxide is one of the forms made of tin oxide and indium oxide in a ratio of 9:1 by weight and is transparent and colorless when applied to the thin layer. Indium tin oxide is gaining its preference over its alternatives due to its properties such as high transparency, ultraviolet resistance, and color fastness. Indium tin oxide is a conductive film, used to make transparent panels by depositing on glass or plastic substrates and thus is widely used for an antistatic application such as LCD’s, plasma displays, and other display technologies. Indium tin oxide is used to minimize radio frequency interference on touchscreens, flat glass panel displays, and shield glass doors and windows through electromagnetic induction shielding. Therefore, generation of static electricity on the surface of various substrates is eliminated. Indium tin oxide is an effective element over their substitutes which make the perfect choice for end-user product manufacturers.
Increasing demand for LCD’s is a major key factor driving the growth of indium market and most of the indium produced is used as indium tin oxide in LCD’s. During the envisaged period, the demand for bigger displays and tablets is high; with TV screen size being the biggest is expected to boost the market. Furthermore, instability in price and the huge demand-supply gap is anticipated to hinder the growth of the market.
Among all indium types, primary indium held major position in terms of market share. It accounted for approximately 60% of indium market as it is obtained as a by-product during processing and refining of zinc ores. Furthermore, the amount of sulfidic zinc ores is extracted depending on the production of primary indium. Processing of concentrated indium is done specially in the metal plant and is upgraded for its use in consumer electronics. After processing, indium is bowed into ingots, indium tin oxide powder and wires, which are further used in the production of photovoltaic cells, liquid crystal displays and sputtered into thin films for other commercial uses.
The market research study on “Indium Market (Type: Primary Indium, Secondary Indium; Application: ITO, Semiconductor, Solder and Alloys, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025” offers a detailed insights on the global indium market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global indium market, its type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global indium market size and volume, and segment markets by type, application, and geography along with the information on companies operating in the market. The indium market analysis is provided for major regional markets including U.S, Europe, China, Japan, and others followed by major countries. For each region, the market size and volume for different segments has been covered under the scope of report. The players profiled in the report Korea Zinc, Dowa Holdings, Asahi Holdings, Teck Resources Limited, Umicore, Nyrstar, Young Poong, PPM Pure Metals GmbH, Doe Run, China Germanium, Guangxi Debang, Zhuzhou Smelter Group, Huludao Zinc Industry, China Tin Group, Green Novo, Yuguang Gold Lead Co. Ltd., Zhuzhou Keneng and among others.
The global indium market is segmented as below:
Market By Type
Market By Application
Market By Geography