Global Germanium Market 2018-2022

The global germanium market size will grow by 42.75 MT during 2018-2022. This industry research report provides a detailed analysis of the market based on application (fiber optics, infrared optics, polymerization catalysts, electronics and solar, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several germanium companies including 5N Plus, JSC Germanium, Teck Resources, Umicore, YUNNAN CHIHONG Zn&Ge, and YUNNAN GERMANIUM.

Below are some of the key findings from this germanium market analysis report

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Global germanium industry overview

The growth in solar installation is driving the global germanium market. The installation of solar panels is increasing globally, owing to the benefits like low maintenance cost, noiseless operation, and easy and quick installation. The rise in solar installation also increases the demand for germanium as germanium substrates are utilized for manufacturing gallium arsenide solar cells, to produce concentrated solar power (CSP). This technology produces sustainable, efficient, and diverse energy. The rising solar installation is driving the demand for germanium leading to the expansion of the global market.

The miniaturization of electronic components is positively impacting the global germanium market. Germanium is used in the manufacturing of such components as it provides improved latency, power consumption, and memory bandwidth. The growth in solar installation coupled with the miniaturization of electronic components is driving the germanium market growth at a CAGR of close to 7% during the forecast period.

Top germanium companies covered in this market research report

The global germanium market is highly concentrated. The market is in the growth phase and the competition is expected to become less intense by the end of the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this germanium industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading germanium companies including:

• 5N Plus
• JSC Germanium
• Teck Resources
• umicore
• YUNNAN CHIHONG Zn&Ge
• YUNNAN GERMANIUM

 Germanium market segmentation based on application

• Fiber optics
• Infrared optics
• Polymerization catalysts
• Electronics and solar
• Others

The largest application of the global germanium market in 2017 was in the fiber optics sector. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Germanium market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest germanium market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global germanium market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the germanium market during the next five years
• Precise estimation of the global germanium market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the germanium industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of germanium companies

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