Report Code: A07642 | Nov 2023 | Pages: NA | ||
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Request Now !Germanium is a weak slivery-grayish-white metalloid, which has properties between metals and non-metals. It is seen as a remarkable earth metal. Germanium has a similar structure to a diamond with similar chemical and physical properties to silicone. It is primarily used as a semiconductor inferable from its electrical properties, low optical dissipating, high refractive record, and integrity to infrared electromagnetic radiation. It is essentially a byproduct of zinc ore processing. Germanium is replicated as a result from sphalerite zinc metals where it is concentrated in high amount as 0.3%, particularly from low-temperature sediment facilitated. It is also found in silver, lead, and copper ores. In addition, ashes from coal power plant also contain considerable percentage of germanium.
COVID-19 analysis:
Pure germanium is hard and comes off very lustrous. It doesn’t get affected by alkalis and acid, except nitric acid and stays stable in air and water. The global germanium market has witnessed moderate growth due to the product’s limited application across various industries. Germanium ores are distributed in Russia, China, and the U.S. China is the market leader in terms of production as it is the largest producer a result of availability of raw material, cheap labor costs, and highly equipped manufacturing plants. Â
The improvement of germanium transistor has developed the way for numerous applications of solid-state gadgets. This has offered potential development chances to the germanium market. Additionally, interest for germanium in fiber optics correspondence systems, infrared night vision frameworks, and polymerization impetuses expanded altogether. These applications account majority utilization of germanium and contribute to the growth of the market. The solar installation sector is widening at a rapid rate due to government incentives, thereby offering profitable growth opportunities to the germanium market. As a result, usage of germanium substrates in the production of the energy from sun is expected to increase substantially. Germanium is required to be used as a catalyst for PET, which is used in the manufacturing of plastic bottles and food containers. Therefore, growing PET production further acts as a growth influencer for germanium.Â
Staggering cost, tight supply, and wellbeing risks related to the product are expected to hamper the development of the global germanium market during the estimated time frame. Several of the production units in China had to be shut down due to concerns related to the environment. In addition, the availability of silicone as a substitute further acts as a market restraint.
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Germanium Market: Global Opportunity Analysis and Industry Forecast 2020-2027 Report Highlights
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Key Market Players | Yunnan Chihong Zinc & Germanium Co. Ltd, Umicore N.V., China Germanium Co. Ltd, Shaoguan Smelting Plant, PPM Pure Metals GmbH, JSC Germanium, Teck, Yunnan Lincang Xinyuan Germanium Industry Co. Ltd, Yunnan Luoping Zinc & Electricity Co. Ltd, Hangzhou Zhonghao Technology Co. Ltd |
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