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Asia Pacific High Purity Gallium (In 6N and 7N) Market Research Report 2024-2030

The Asia Pacific High Purity Gallium (In 6N and 7N) market size was valued at US$ 92.6 million in 2024 and is projected to reach US$ 134.8 million by 2030, at a CAGR of 6.5% during the forecast period 2024-2030.
High purity gallium (6N and 7N) refers to gallium with 99.9999% (6N) and 99.99999% (7N) purity levels, crucial for advanced semiconductor applications in electronics, optoelectronics, and photovoltaics.
The Asia Pacific high purity gallium market is experiencing robust growth, driven by increasing demand in semiconductor and LED industries. China dominates with a 55% market share, followed by Japan at 25% and South Korea at 15%. In 2023, the semiconductor industry consumed 65% of the total production, with LED manufacturing at 25% and solar cell applications at 10%. The market saw a 18% increase in demand for 7N gallium due to advancements in compound semiconductors. Key players include Shanxi Jinhao International Trade Co., Ltd. (China) and Dowa Electronics Materials Co., Ltd. (Japan), collectively holding a 50% market share in the region. The industry is investing heavily in purification technologies, with a 20% increase in R&D spending on ultra-high purity refining processes in 2023. Challenges include supply chain vulnerabilities, with China controlling 95% of global gallium production. The trend towards 5G and IoT has driven a 15% growth in gallium nitride applications. The market is benefiting from the expansion of the electric vehicle industry, with a 12% increase in demand for power electronics components using high purity gallium.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific High Purity Gallium (In 6N and 7N) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of High Purity Gallium (In 6N and 7N) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific High Purity Gallium (In 6N and 7N) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Gallium (In 6N and 7N) . This report contains market size and forecasts of High Purity Gallium (In 6N and 7N) in Asia Pacific, including the following market information:
We surveyed the High Purity Gallium (In 6N and 7N) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•   China
•   India
•   Japan
•   South Korea
•   Australia
•   Thailand
•   Indonesia

by Products type:

• 6N
• 7N

by Application:

•   LED
•   Infrared Detection
•   Microwave Device
•   Ics

key players include: (At least 8-10 companies included)

•   Zhuzhou Smelter Group Co., Ltd
•   Korea Zinc Co., Ltd
•   Jiangxi Copper Corporation
•   China Minmetals Corporation
•   Nyrstar
•   Hsikwang Shan Twinkling Star
•   Mitsui Mining and Smelting Co., Ltd
•   Dowa Metals & Mining Co., Ltd
•   Young Poong Corporation
•   Umicore

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•   Key companies High Purity Gallium (In 6N and 7N) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•   Key companies High Purity Gallium (In 6N and 7N) revenues share in Asia Pacific market, 2023 (%)
•   Key companies High Purity Gallium (In 6N and 7N) sales in Asia Pacific market, 2019-2024 (Estimated),
•   Key companies High Purity Gallium (In 6N and 7N) sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•   The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•   The report covers Asia Pacific and country-wise market of High Purity Gallium (In 6N and 7N)
•   It describes present situation, historical background and future forecast
•   Comprehensive data showing High Purity Gallium (In 6N and 7N) capacities, production, consumption, trade statistics, and prices in the recent years are provided
•   The report indicates a wealth of information on High Purity Gallium (In 6N and 7N) manufacturers
•   High Purity Gallium (In 6N and 7N) forecast for next five years, including market volumes and prices is also provided
•   Raw Material Supply and Downstream Consumer Information is also included
•   Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•   Analyzing the outlook of the market with the recent trends and SWOT analysis
•   Market dynamics scenario, along with growth opportunities of the market in the years to come
•   Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•   Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•   Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•   Distribution Channel sales Analysis by Value
•   Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•   Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•   1-year analyst support, along with the data support in excel format.