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Indium Oxide Market Size Observe Significant Surge during 2024

03-01-2018 03:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Indium Oxide Market Size Observe Significant Surge during 2024

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Indium Oxide Market. The study, titled “Indium Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”, is available for sale on the firm’s website.

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 n-type 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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https://www.transparencymarketresearch.com/indium-oxide-market.html

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.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11567

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.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Transparency Market Research
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Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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