Allied Market Research


Indium Market

Indium Market Size, Share, Competitive Landscape and Trend Analysis Report by Product and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

SE : Semiconductors

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Author's: | Sonia Mutreja
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Indium is a soft silvery-white metal occurring naturally in association with zinc and some other metals. It has high rate of thermal transfer, softness, its unique bonding with nonmetallic substances, consistent properties at cryogenic temperatures and cold welding. Out of all the forms, Indium Tin Oxide (ITO), which is made of tin oxide and indium oxide in a ratio of 9:1 by weight and is transparent and colorless when applied in thin layers, is gaining preference over its alternatives because of its properties such as color fastness, ultraviolet resistance, and high transparency. ITO conductive films are deposited on glass or plastic substrates to make transparent panels and are extensively used for antistatic applications such as plasma displays, LCDs, and other display technologies. ITO also offers electromagnetic induction shielding in minimizing radio frequency interference on touchscreens, shield glass doors and windows, and flat glass panel displays. Moreover, it eliminates the generation of static electricity on the surface of the various substrates. These expediencies of the element over its substitutes make it a perfect choice for its end-use product manufacturers.

The key drivers for the indium market is the use of ITOs in transparent electrodes for LCD screens over the last decade as demand grew for flat panel monitors and televisions, as well as screens for cell phones, tablet computers, and other portable electronic devices. Also, usage of indium in electroluminescent lamps and in aircraft engines drives the growth of the market. It also finds its usage in photovoltaic cells. However, huge demand supply gap and price volatility hinder the growth of the market.

The market has been segmented into product, application, and geography. The product is further divided into primary, secondary, and type III. The application segment is further classified into indium tin oxide (ITO), semiconductors, and solders & alloys. By geography, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.

The key players described in the market are 3M Company, Avalon Advanced Materials Inc., Indium Corporation, Korea Zinc, Nitto Denko Corporation, Nystar N.V, PPM Pure Metals GmbH, ProTech materials, Inc., Touch International, Inc., and Umicore Thin Film Products

Key Benefits

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global indium market.
  • Exhaustive analysis of the market by products and application helps understand the products that are currently used along with the variants that gain prominence in the future.
  • Competitive intelligence elucidates the competitive scenario across the geographies.

Indium Market Report Highlights

Aspects Details
By Product
  • Primary
  • Secondary
  • Type III
By Application
  • Indium Tin Oxide (ITO)
  • Semiconductors
  • Solders & Alloys
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players

Umicore Thin Film Products, ProTech materials, Inc, Indium Corporation, Korea Zinc, Nitto Denko Corporation, 3M Company, Touch International, Inc, Nystar N.V, PPM Pure Metals GmbH, Avalon Advanced Materials Inc

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Indium Market

Global Opportunity Analysis and Industry Forecast, 2023-2032