global indium tin oxide (ito) market 2015-2019
TRANSCRIPT
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Global Indium Tin Oxide (ITO) Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “ITO is widely used in the manufacture of touch panels, PV cells, and LCD panels. The continuous rise in the use of electronics and electronic products worldwide because of the rapid technological progress is driving the demand for ITO. However, the rising demand for sophisticated electronic devices with enhanced performance and energy efficiency has resulted in an increase in the search for new materials and chemical compounds to replace ITO.”
• ITO is a blend of indium oxide and tin oxide in a ratio of 9:1 by weight. ITO is colourless and transparent when applied in thin layers, however, in bulk, it is yellowish grey in colour. ITO accounts for approximately 97% of the global transparent conductive film market and is widely used in various electronic devices that require excellent display properties.
• Technavio's analysts forecast the global ITO market to grow at a CAGR of (2.38%) by revenue over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Indium Tin Oxide (ITO) Market 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Global Indium Tin Oxide (ITO) Market 2015-2019
Densitron
EFUN Technologies
Indium
Densitron was founded in 1985 and is headquartered in London, UK. The company manufactures and delivers electronic displays, display technology and related electronics and software.
EFUN Technology was established in 1998 and is headquartered in Tainan, Taiwan. The company manufactures and markets LCD panels and backlight modules. It offers composite films/prisms for several applications, including cellphones, tablets, laptops, table screens, and LCD TVs.
Indium was established in 1934 and is headquartered in New York, US. It produces, refines, supplies, and fabricates indium and indium chemicals to solar, electronics, thermal management, and semiconductor markets. The company sells its products online.
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Market Landscape
• The production of ITO is heavily dependent on the availability and supply of indium as the element in its oxide form constitutes about 90% of the composition.
• The global indium market often faces huge price volatility and rapid fluctuations in supply and demand on account of the limited reserves globally.
• Most of the reserves are located in China, Peru, and some parts of North America. The constituents of ITO are obtained as by-products while processing zinc ore.
• The volume consumed is inversely proportional to the cost of indium, which in turn is dependent on the inventories of the metal and the mined quantities. The global inventories of indium were high in 2014.
• Therefore, there has been an excess supply in the market.
• As a result, the cost of indium as well as that of ITO will remain subdued over the next two years, and this in turn is likely to drive the consumption of the material in the end use applications.
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Market Outlook• The growing demand for ITO and the rising prices of indium are resulting in increased
investment in recycling capacities by major players.
• Vendors from many countries, including China, South Korea, the UK, the US, Canada, the Philippines, Taiwan, and Japan, have already invested in the recycling of indium and the recovery of secondary indium.
• The production of nanoscale ITO powders using various hydrothermal methods is increasing.
• Also, ITO powders are increasingly being blended with other categories of nanoparticles to improve the efficiency of the substrate and impart unique properties. However, various cases regarding the ill-effects of inhaling ITO or intense exposure to ITO are being reported worldwide.
• The toxicity concerns are elevated by the recycling of ITO, where the worker exposure to the compound is found to be even higher.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Indium Tin Oxide (ITO) Market 2015-2019
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