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Indium Oxide Market - Industry Analysis, Size, Share, Forecast 2024

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Indium oxide also known as indium sesquioxide is a yellow colored ceramic like material which is insoluble in water. It is an n-type semiconductor and is therefore used as a resistive element in integrated circuits. Indium oxide can be doped with ti
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Indium Oxide Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Indium Oxide
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Indium Oxide Market: Overview
Indium oxide also known as indium sesquioxide is a yellow colored ceramic like material which is insoluble in water. It is an ntype semiconductor and is therefore used as a resistive element in integrated circuits. Indium oxide can be doped with tin
dioxide to form indium tin oxide which is used in display technologies such as OLED, plasma electroluminescent,
electrochromatic display and LCD. It is used as an antistatic indium oxide coating, in photovoltaic solar cells, aircraft
windshields, EMI shielding and nanowires. Indium oxide finds several applications in the electronics industry owing to its
semiconductor characteristics.
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Indium oxide has excellent optical and antistatic properties. It is used as a substitute of mercury in batteries. Additionally, it
forms a transparent conducting ceramic in combination with tin oxide, which is used in the micro electronics industry to form
capacitors, resistors and other components. Furthermore, indium oxide is used to form thin film infra-red reflectors. The dark
yellow pigment imparted by indium oxide enables the formation of histological stain formulations, in order to study biological
samples under microscopes. The nanowires composed out of this chemical are used as redox protein sensors, owing to which
they find application in biotechnological studies and biomedical devices.
Furthermore, indium oxide is used in solar cells due to which it finds application in renewable power generation sources. It can
be doped with several materials such as silicon and gallium to form hetero-junctions thereby imparting electrical conductivity to
them.
Indium Oxide Market: Drivers
The growing demand for semiconductors from the electronics industry has been propelling the indium oxide market. Nanowires,
batteries, electrically charged nanoparticles, optical and anti static coatings among others are extensively used in the
electronics industry. Furthermore, electrically charged ceramics find application in electronic parts required in aircrafts and sub
marines which have to withstand extreme pressure and temperature conditions. However, the inhalation of indium oxide causes
nasal irritation, skin and lung infections owing to which its use is highly regulated in countries such as the U.S and Western
Europe. The growing GDP of emerging economies such as China and India is expected to open new avenues of opportunity for
the indium oxide market.
Indium Oxide Market: Regional Dynamics
Countries such as China, India and South Korea dominate the global electronics market. There is widespread use of indium oxide
in these countries owing to the numerous applications of indium oxide in the electronics industry. In Europe, indium oxide
nanoparticles are used by CERN- the European organization for nuclear research. Additionally, in the U.S. indium oxide is used in
histo-pathological applications for staining of biological samples. The flourishing biotechnology industry in Israel and the U.S. are
minor users of indium oxide for specialty stains.
Countries such as China and India manufacture mercury-free batteries for use in power back-up inverters. These batteries find
application in household inverters. The Indian sub continent and Africa are large markets for mercury-free inverters, owing to
which indium oxide has a large consumption in these countries.
Indium Oxide Market: Key Players
The key players in this market are Beijing Cerametek Materials Co., Ltd. Tekra, A Division of EIS, Inc., Umicore Marketing
Services, Genvac Aerospace, Inc, Photo Sciences, Inc, Thin Film Devices, Inc, Thin Film Devices, Inc, Colorado Concept Coatings,
LLC, Shanghai Huzheng Nano Technology Co., Ltd., Shanghai Huzheng Nanotechnology Co., Ltd, China Leadmat Advanced
Materials Co., Ltd, Shanghai Huzheng Nano Technology Co., Ltd., Zhongnuo Advanced Material Technology Co., Ltd, Huizhou
Tianyi Rare Material Co., Ltd, Xuzhou Jiechuang New Materials Technology Co., Ltd and Huizhou Tianyi Rare Material Co., Ltd
among others.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
•
Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
•
Current trends/opportunities/challenges
•
Competitive landscape
•
Technological breakthroughs
•
Value chain and stakeholder analysis
The regional analysis covers:
•
North America (U.S. and Canada)
•
Latin America (Mexico, Brazil, Peru, Chile, and others)
•
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
•
Eastern Europe (Poland, Russia)
•
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
•
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
•
A complete backdrop analysis, which includes an assessment of the parent market
•
Important changes in market dynamics
•
Market segmentation up to the second or third level
•
Historical, current, and projected size of the market from the standpoint of both value and volume
•
Reporting and evaluation of recent industry developments
•
Market shares and strategies of key players
•
Emerging niche segments and regional markets
•
An objective assessment of the trajectory of the market
•
Recommendations to companies for strengthening their foothold in the market
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