China Primary Indium Market Global Outlook and Forecast 2024-2030

The China Primary Indium market size was valued at US$ 285.7 million in 2024 and is projected to reach US$ 387.2 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
Primary Indium refers to high-purity indium metal produced directly from ore concentrates or as a byproduct of zinc refining, used in various applications including flat panel displays, solders, and semiconductors.
China dominates the global primary indium market, accounting for over 50% of world production in 2023. The market is driven by strong domestic demand from the electronics and semiconductor industries. In 2023, China produced 380 metric tons of primary indium, with 70% consumed domestically and 30% exported. The flat panel display industry remains the largest consumer, accounting for 55% of demand, followed by solders at 20% and photovoltaics at 15%. The market is benefiting from the rapid growth of the 5G infrastructure, which drove a 12% increase in indium-based semiconductor demand in 2023. China's indium reserves are estimated at 8,000 tons, representing about 20% of global reserves. The market is seeing increased focus on recycling, with secondary indium production growing at 8% annually to reduce reliance on primary sources. Technological advancements are improving extraction efficiency, with new hydrometallurgical processes increasing indium recovery rates by 15% compared to 2020 methods. The market faces challenges from price volatility and environmental concerns associated with extraction, but the growing adoption of indium tin oxide (ITO) in touchscreens and OLED displays continues to drive demand. In 2023, the Chinese government implemented new regulations on indium production to ensure sustainable supply, leading to a 5% reduction in output from smaller producers. Looking ahead, the market is expected to benefit from the emerging indium-based solar cell technologies, with copper indium gallium selenide (CIGS) thin-film solar cells projected to grow at 18% CAGR through 2030.

This report contains market size and forecasts of Primary Indium in China, including the following market information:
•    China Primary Indium Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    China Primary Indium Market Sales, 2019-2024, 2024-2030,
•    China Top five Primary Indium companies in 2023 (%)

Report Includes

This report presents an overview of China market for Primary Indium , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Primary Indium sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Primary Indium market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    4N
•    5N
•    6N
•    Others

Segment by Applications

•    ITO
•    Semiconductor
•    Solder and Alloys
•    Others

Key Companies covered in this report:

•    Zhuzhou Keneng New Material Co., Ltd.
•    China Minmetals Corporation
•    Huludao Zinc Industry Co., Ltd.
•    Zhuzhou Smelter Group Co.,Ltd.
•    Yunnan Tin Company Limited
•    Nyrstar
•    Teck Resources Limited
•    Korea Zinc Co., Ltd.
•    Dowa Metals & Mining Co., Ltd.
•    Umicore

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Primary Indium revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
•    Key companies Primary Indium revenues share in Chinan market, 2023 (%)
•    Key companies Primary Indium sales in Chinan market, 2019-2024 (Estimated),
•    Key companies Primary Indium sales share in Chinan market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Primary Indium Market
•    Overview of the regional outlook of the Primary Indium Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

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