Press Release

Global Consumption Of Germanium Is Expected To Reach 168.6 Tons In 2024

Date : Jun 18, 2019

Germanium has many types such as germanium ingot, high-purity GeO2 and germanium tetrachloride etc. Germanium tetrachloride is mainly used in fiber optics industry. High-purity GeO2 is generally used in polyethylene terephthalate (PET) and health care industry. Germanium ingot, with highest germanium content, is applied into IR optics and electronic and solar industry.

Germanium is an important material with applications in IR optics, fiber optics, polyethylene terephthalate (PET) and electronic and solar industry. Fiber optics is the largest consumption field, with consumption amount of 53.4 MT in 2017. IR optics is the second largest consumption field with consumption share of 26.21% in 2017. IR optics also has great market potential in the future with an established CAGR of 2% during 2017-2024.

Currently, germanium is most commonly produced from sphalerite zinc ores but is also known to be extracted from fly ash coal (produced from coal power plants) and some copper ores. There are also companies producing germanium from germanium scrap metal. Germanium ores minerals are distributed in China, Russia and USA etc. China has the largest reservation. So, China is the largest production region. In 2017, China produced about 104.2 tonne, accounting for 65.23% of global total production.

Global major suppliers are Yunnan Germanium, Umicore, Yunnan Chihong Zn & Ge, Teck, Zhonghao Technology, AXT Inc, JSC Germanium, Shenzhen Zhongjin Lingnan, PPM Pure Metals, Sihuan Zinc & Germanium, Indium Corporation, GEAPP and Photonic Sense. Most of those suppliers are based in China. During them, Yunnan Germanium is the market leader with production share of 25.24%.

During past five years, global consumption varied from 213 tonne to 159.7 tonne in 2017, with a CAGR of -6.94%. Limited by China Environmental pressure, we predict that global demand will increase slightly and global consumption will be 168.6 tonne in 2024.

The Global Germanium Market Insights, Forecast 2018 to 2025 This report released by we provides a basic overview of the Germanium industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Germanium industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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View Full Report with TOC@ http://www.amecoresearch.com/market-report/global-germanium-market-insights-forecast-to-2025-8644

Major Points from Table of Contents:

1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Germanium Production by Regions
5 Germanium Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Upstream, Industry Chain and Downstream Customers Analysis
12 Opportunities & Challenges, Threat and Affecting Factors
13 Key Findings
14 Appendix
....

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