Germanium, a concoction component between silicon and tin, is considered as an uncommon earth metal. High puritygermanium is produced as a by-product from zinc ore, coal deposits, as well as from by-products of coal.It has semiconductor properties and is more efficient than silicone for radiation detection. In addition, Germanium anddiamond have same chemical structure thatbears same synthetic and physical properties to silicon.It is steady in air and water, and notinfluenced by alkalis orcorrosive. Due to itsphenomenal electrical, thermal, mechanical and optical properties, it is used as a possibility for silicon in assembling strong state gadgets.
The global high purity germanium (Ge) market is experiencing rapid growthowing to extended enthusiasmof Si-Ge device in electronic components as opposed to the compound containing cadmium-indium-gallium-selenium.In addition, growing utilization of germanium in nano wire production owing to its recyclability property is anticipated to drive the market growth over the projected timeframe.Further, demand for high purity germanium inlarge-area PN junction devices is expected to fuel the segment growth in the renewable energy sector. Moreover, increase in penetration of high purity Germanium (Ge)for storing huge amount of data in action cameras, drones, and video surveillance systems is expected to explore new market segmentsin the electronics sector. However, high production expense of high purity germanium coupled with adverse health problems in infants are anticipated to hamper the market growth.
The high purity germanium (Ge) market is segmented into type, application, enduser, and region. Bytype, the market is classified into germanium tetrachloride, high-purity GeO2, germanium ingot,and other. By application, the market is divided into transistor, rectifier, fiber optics, fluorescent lamp, drone, and others. Germanium (Ge) is used in focal points or windows because of its high transparency to infrared radiation.By enduser,the marketis categorized intoelectronics, military & defense, aerospace, sustainable power source,and other.By region, the market is analyzedacrossNorth America, Europe, Asia-Pacific, and
LAMEA (Latin America, Middle East and Africa).
Some of the key players operating in the global high purity germanium (Ge) market include Yunnan Chihong Zinc Germanium Co., Shenzhen ZhongjinLingnanNonfemet Co., Ltd., Teck Resources Limited, Umicore, AXT Inc., Photonic Sense, 5N Plus, Able Target Limited, HEFA Rare Earth Canada Co. Ltd., Vital Materials Co.,and Others.
Key Benefits for Stakeholders:
The global high purity germanium (Ge) market size has been analyzed across four major regions.
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of for the market strategy building.
The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.
Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, opportunities, and market trends along with their detailed impact analysis are elucidated in the study.
The global high purity germanium (Ge) market analysis covers in-depth information of the major industry participants.
Questions answered in the global high purity germanium (Ge) market research report:
What is the growth rate of the market during the forecast period?
What will be the global high purity germanium (Ge) market size?
Who are the leading manufacturing companies in the market?
How the major current trends will shape the market in the future?
What are the driving factors and opportunities in the market?
Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?
High Purity Germanium (Ge) Market Report Highlights
By End User
Key Market Players
HEFA Rare Earth Canada Co. Ltd., Able Target Limited, Yunnan Chihong Zinc Germanium Co., AXT Inc., Photonic Sense, Vital Materials Co.,, 5N Plus, Teck Resources Limited, Shenzhen ZhongjinLingnanNonfemet Co., Ltd., Umicore