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Gallium Market In-depth Analysis Report, Covering Companies Like Chinalco, Zhuhai Fangyuan, Jinjiang Group, Beijin Jiya, East Hope, Kaiman

Gallium Market In-depth Analysis Report, Covering Companies Like Chinalco, Zhuhai Fangyuan, Jinjiang Group, Beijin Jiya, East Hope, Kaiman

Gallium is a metal that appears as gray orthogonal crystal in solid state and tin or silvery colored metal in the molten state. Gallium metal exists in a molten state at room temperature due to its relatively low melting point and high boiling point. It is soluble in acids and alkalis and partly soluble in mercury. It is produced as a by-product of the aluminum refining process. Gallium is also found in small traces in zinc ores and bauxite. Gallium is mixed with arsenic, phosphorus, and antimony to form compounds and alloys that exhibit semiconductor properties. It is mainly used as electrochemical material for semiconductors, photovoltaic cells, integrated circuits, and diodes.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Gallium market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.

The global Gallium market is expected to grow from USD 272 million in 2019 to USD 370 million by 2026, registering a CAGR of 4.5% from 2019 to 2026.

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Competitive Landscape

In terms of industrial structure analysis, the GaAs industry is highly concentrated. From large multinational companies to small private companies, various manufacturers compete in this industry, but the top six manufacturers occupy more than 70% of the market. From a regional perspective, China is the largest producer and consumer of GaAs and also the leader of the whole industry. Europe, Japan, and the United States also produce a large amount of GaAs per year. Major competitors of the global Gallium market include Chinalco, Zhuhai Fangyuan, Jinjiang Group, Beijin Jiya, East Hope, Kaiman, CNGE, INGAL Stade, PPM, Chemetall, Enrc, UC Rusal, and etc.

Growth Driver

The market for gallium was mainly driven by the growing demand from the electronics sector.  The rise in demand for semiconductors, microelectronics, and photovoltaic cell applications in the electronics industry is also anticipated to propel the demand for gallium. Moreover, gallium is used in medical and radiopharmaceutical applications to treat carcinogenic disorders. This is projected to offer lucrative opportunities to the gallium market during the forecast period. Yet, the volatile prices of gallium are likely to act as a restraint for the market in the near future. Furthermore, there are numerous recycling issues associated with gallium compounds used in various electronic products.

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Regional Overview

The regional level forecast study covers key regions like Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. In 2018, the global market is led by Asia-Pacific, capturing about 38% of global Gallium sales volume. North America is the second-largest region-wise market with 32% global share, followed by Europe (19%). The gallium market in the Asia Pacific is anticipated to expand at a swift pace due to the rapid industrialization in developing economies in the region. Demand for gallium has been increased owing to the rise in production capacities of semiconductor and photovoltaic cell fabrication plants in China, Japan, and South Korea. Expansion in the electronics industry due to competent labor pricing and easy availability of raw materials in the Asia Pacific is projected to boost the demand for gallium in the region. As the demand for electronic consumer goods, biomedical applications and other alloy manufacturing increases, North America also has a great demand for gallium. European countries are expected to have a stable demand for gallium. The Rest of the World market is anticipated to grow in the near future owing to increasing demand for electronics goods.

Type Overview

By product type, the Gallium market is segmented into LEC Grown GaAs, VGF Grown GaAs, and Others. In 2016, VGF Grown GaAs takes 62.53% share of the global market, while LEC Grown GaAs takes a share of 26.86%.

Application Overview

Based on the application, this market is divided into Wireless Communication, Optoelectronic Devices, and Others.

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Gallium Market

2 Market Trends and Competitive Landscape

3 Segmentation of Gallium Market by Types

4 Segmentation of Gallium Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Gallium Market in Major Countries

7 North America Gallium Landscape Analysis

8 Europe Gallium Landscape Analysis

9 Asia Pacific Gallium Landscape Analysis

10 Latin America, Middle East & Africa Gallium Landscape Analysis  

11 Major Players Profile

11.1 Chinalco

11.1.1 Chinalco Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Zhuhai Fangyuan

11.3 Jinjiang Group

11.4 Beijin Jiya

11.5 East Hope

11.6 Kaiman

11.7 CNGE

11.8 INGAL Stade

11.9 PPM

11.10 Chemetall

11.11 Enrc

11.12 UC Rusal

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Target Audience:

•      Gallium manufacturers

•      Raw material suppliers of Gallium

•      Small and Medium-sized Enterprises (SMEs)

•      Distributors and resellers of Gallium

•      Gallium industry associations

•      Product managers, Gallium industry administrator, C-level executives of the industries

•      Market Research and consulting firms

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

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