Global Indium Market 2018-2022

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Global indium industry overview

The increasing demand for LCDs is expected to drive indium market growth in the upcoming years. Most of the indium produced is used as ITO in LCDs. The demand for bigger displays and tablets is high, with TV screen size being the biggest driving force. With the growing popularity of smart cars equipped with advanced driver assistance systems and the growing demand for central information systems, the demand for flat panel LCDs from the automotive sector will also increase. This will further drive the adoption of indium in the forthcoming years.

The increased use of indium in photovoltaics is identified as one of the major indium market trends gaining prominence in the market. Improvements in production efficiency and material intensity of CIGS solar cells can help increase their adoption thereby fueling the demand for indium. Thin-film photovoltaics have numerous advantages over conventional solar energy technologies as they are lightweight, can be applied to uneven surfaces, and they can be rolled up when not in use. CIGS help in achieving high-conversion efficiencies at low costs. As a result, the indium market will grow at a CAGR of nearly 7% during the forecast period.

Top indium companies covered in this market research report

The indium market is highly concentrated. With the growing demand for zinc from the construction material and automotive sectors, the need for indium will increase during the next few years. The growing demand will induce indium mining companies to focus on making the most from this growth, resulting in a highly competitive environment. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this indium industry analysis report will help clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Indium Corporation
• KOREAZINC
• Nyrstar
• Nippon Rare Metal
• Recylex
• Umicore

Indium market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of indium market throughout the forecast period. The growth of the indium industry in the region will attribute to factors such as the growing demand for zinc from end-user industries in countries including China and India.

Indium market segmentation based on applications

• ITO thin films coatings
• Solders and alloys
• Others

The ITO thin film coatings segment will account for the highest growth in the market. With the growing preference for the application of corrosion-resistant coatings of zinc-steel, the use of ITO thin film coatings is also increasing. Additionally, this report also provides an accurate prediction of the contribution of the various applications segments to the growth of the indium market size.

Key highlights of the global indium 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 indium market during the next five years
• Precise estimation of the global indium market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the indium 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 the factors that will challenge the growth of indium companies

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