Global Germanium Industry

Global Germanium Industry

  • April 2021 •
  • 110 pages •
  • Report ID: 2284895 •
  • Format: PDF
Abstract:
- Global Germanium Market to Reach 225.6 Thousand Kilograms by 2027
- Amid the COVID-19 crisis, the global market for Germanium estimated at 173.1 Thousand Kilograms in the year 2020, is projected to reach a revised size of 225.6 Thousand Kilograms by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. Fiber Optic Systems, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach 90.3 Thousand Kilograms by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Infrared Optics segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 51 Thousand Kilograms, While China is Forecast to Grow at 3.5% CAGR
- The Germanium market in the U.S. is estimated at 51 Thousand Kilograms in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 39.6 Thousand Kilograms by the year 2027 trailing a CAGR of 3.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
- Electronics/Solar Applications Segment to Record 4.1% CAGR
- In the global Electronics/Solar Applications segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of 22.7 Thousand Kilograms in the year 2020 will reach a projected size of 30.2 Thousand Kilograms by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 24.8 Thousand Kilograms by the year 2027.

- Select Competitors (Total 17 Featured) -
  • Chemical and Technical Developments Ltd.
  • Indium Corporation
  • JSC Germanium
  • Novotech Inc.
  • Photonic Sense GmbH
  • PPM Pure Metals GmbH
  • Teck Resources Limited
  • Umicore SA
  • Yunnan Chihong Zinc and Germanium Co., Ltd.