COVID-19 Impact & Recovery Analysis- Global Tellurium Market 2020-2024 | Increased Demand from the Consumer Electronics Industry to Boost Growth | Technavio

Technavio has been monitoring the global tellurium market size and it is poised to grow by 60.03 MT during 2020-2024, progressing at a CAGR of about 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Tellurium Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• What was the value of the tellurium market in 2019?
  
  A. As per Technavio, the value of the market was at USD 401.02 MT in 2019 and is projected to reach 461.05 MT 2024.
• At what rate is the market projected to grow during the forecast period 2020-2024?
  
  A. The market is expected to grow at a CAGR of almost 3% during the forecast period of 2020-2024.
• What is the key factor driving the market?
  
  A. The increased demand from the consumer electronics industry will drive the growth of the market.
• Who are the top players in the market?
  
  A. 5N Plus Inc., A&M Group Ltd., Boliden Group, GRUPO MEXICO SAB DE CV, Kisan Kinzoku Chemicals Co. Ltd., MMC Norilsk Nickel, Pan Pacific Copper Co. Ltd., Shinko Chemical Co. Ltd., Umicore, and UMMC-Holding Corp are some of the major market participants.
• Which region is expected to hold the highest market share?
  
  A. APAC region
• Based on segmentation by application, which segment is expected to witness the fastest growth in the global market?
  
  A. The solar panels segment will grow at a faster rate.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. 5N Plus Inc., A&M Group Ltd., Boliden Group, GRUPO MEXICO SAB DE CV, Kisan Kinzoku Chemicals Co. Ltd., MMC Norilsk Nickel, Pan Pacific Copper Co. Ltd., Shinko Chemical Co. Ltd., Umicore, and UMMC-Holding Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increased demand from the consumer electronics industry has been instrumental in driving the growth of the market. However, the availability of alternatives to tellurium might hamper the market growth.

Tellurium market 2020-2024: Segmentation

Tellurium market is segmented as below:

• Application
  • Solar Panels
  • Thermoelectric Production
  • Metallurgy
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Tellurium market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our tellurium market report covers the following areas:

• Tellurium market size
• Tellurium market trends
• Tellurium market industry analysis

This study identifies the increase in demand for nanostructured tellurium semiconductors as one of the prime reasons driving the tellurium market growth during the next few years.

Tellurium market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the tellurium market, including some of the vendors such as 5N Plus Inc., A&M Group Ltd., Boliden Group, GRUPO MEXICO SAB DE CV, Kisan Kinzoku Chemicals Co. Ltd., MMC Norilsk Nickel, Pan Pacific Copper Co. Ltd., Shinko Chemical Co. Ltd., Umicore, and UMMC-Holding Corp. Backed with competitive intelligence and benchmarking, our research reports on the tellurium market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Tellurium market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist tellurium market growth during the next five years
• Estimation of the tellurium market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the tellurium market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of tellurium market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application placement
• Solar panels - Market size and forecast 2019-2024
• Thermoelectric production - Market size and forecast 2019-2024
• Metallurgy - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Application

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 5N Plus, Inc.
• A&M Group Ltd.
• Boliden Group
• GRUPO MEXICO SAB DE CV
• Kisan Kinzoku Chemicals Co. Ltd.
• MMC Norilsk Nickel
• Pan Pacific Copper Co. Ltd.
• Shinko Chemical Co. Ltd.
• Umicore
• UMMC-Holding Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200728005602/en/