Indium Tin Oxide Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Indium Tin Oxide market including various factors related to and dependent influencing the market growth.
Indium tin oxide (ITO) is a mixture of indium oxide and tin oxide which is found in a solid state. Typically, indium tin oxide has 90% of indium oxide and 10% of tin oxide by weight. When in thin layer it is colorless and transparent, while it forms a yellowish grey color when in bulk. Indium tin oxide is a member of transparent conducting oxide and is a widely used transparent conduction oxide owing to its excellent physical properties.
Indium tin oxide (ITO, or tin-doped indium oxide) is a mixture of indium(III) oxide (In2O3) and tin(IV) oxide (SnO2), typically 90% In2O3, 10% SnO2 by weight. ITO is normally deposited by a physical vapor deposition process such as D.C. magnetron sputtering or electron beam deposition. Indium tin oxide can be widely used in many areas like flat panel display, Touch-screen sensor, photovoltaic cells, etc. Flat panel display is the largest application of ITO, with the share of 76.35% in 2015.Indium tin oxide can be classified according to its origin- primary-source ITO and reclaim-source ITO. Primary-source ITO is more prevalent in China, while reclaim-source ITO has been widely used in Japan, Korea and USA.
Japan is the leading producer of ITO and ITO target. In 2015, Mitsui Mining & Smelting, JX Nippon Mining & Metals and Tosoh Corporation, three Japanese companies accounted for 74.71% of world ITO production. Japan is also a major consumer of ITO. ITO target and ITO film are widely used to produce display panel and touchable screen, which is largely consumed in Japan. Korea, China and USA are also important supplier of ITO, with Corning, Indium Corporation, AM&M, SOLAR, Weihai Blue Fox and Yeke Group the major competitors. It is worth noting that the capacities of Korea, China and USA manufacturers are tiny compared with Japan players, and the global situation of ITO market would not promisingly to be changed in short time.
Global Indium Tin Oxide market size will increase to 1840 Million US$ by 2030, from 1480 Million US$ in 2020, at a CAGR of 2.8% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Indium Tin Oxide.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Indium Tin Oxide market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Indium Tin Oxide market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Indium Tin Oxide market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Indium Tin Oxide Market:
The major competitors working in the market are:
, Mitsui Mining & Smelting, JX Nippon Mining & Metals, Corning, Tosoh Corporation, Umicore, Indium Corporation, AM&M, SOLAR, Weihai Blue Fox, Yeke Group, OMAT, Guangxi Crystal Union Photoelectric Materials, China-Tin Group, ShaoGuan Sigma, ENAM OPTOELECTRONIC MATERIAL, Hebei Pengda, Zhuzhou Smelter Group, CNMC (Ningxia) Orient Group
Market by Order Type
ITO Source
Form
Indium Tin Oxide Data by Application
Flat Panel Display
Touch-screen Sensor
Photovoltaic Cells
Others
Indium Tin Oxide Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Indium Tin Oxide market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Indium Tin Oxide Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Indium Tin Oxide market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Indium Tin Oxide market size and their forecasts
- To provide strategic profiles of the key players operating in the Indium Tin Oxide market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Indium Tin Oxide market
Target Audiences for Indium Tin Oxide Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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