Germanium is a chemical element with the symbol Ge and atomic number 32. It is a lustrous, hard, grayish-white metalloid in the carbon group, chemically similar to its group neighbors tin and silicon. Pure germanium is a semiconductor with an appearance similar to elemental silicon.
Germanium is used primarily as an alloying agent and in semiconductor electronics. It is rarely used as a crystal. It has an abundance in the Earth’s crust comparable to tin and lead and can be obtained from many minerals, such as argyrodite and germanite.
Germanium is widely used in infrared detectors and optoelectronic applications as an alloying agent in the manufacture of transistors and other semiconductor devices. Germanium has also been used in nuclear reactors as a neutron absorber and in flash x-ray tubes.
Due to its low production cost, global demand for germanium is expected to increase over the forecast period. Germany is the largest producer of germanium, followed by China and South Korea. Other countries that produce germanium include the United States, Japan, Russia, Canada, and India. In 2020, germanium prices rose significantly due to an increase in demand in the optics and electronics markets.
The global Germanium market was valued at US$ 266.8 million in 2022 and is anticipated to reach US$ 255.7 million by 2029, witnessing a CAGR of -0.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Germanium Market available at: https://www.themarketreports.com/report/global-germanium-market-research-report
This report aims to provide a comprehensive presentation of the global market for Germanium, 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 Germanium.
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%.
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