About Tantalum Pentoxide
The global Tantalum Pentoxide market is expected to witness high demand due to up surging demand from electronics applications, particularly in tantalum capacitors. Tantalum pentoxide is an inorganic compound and also known as tantalum(V) oxide. Rwanda is the world's major producer of tantalum, an important mineral for the electronics industry. According to the AMA sources, Rwanda produced around 37 percent of the world's tantalum supply in 2015, while DR Congo accounted for a further 32 percent. It is mostly used in capacitors including DRAM, high-frequency CMOS integrated circuits, and flash memory. The increasing applications in the various electronic devices such as DVD players, cell phones, LCD monitors, personal computers, digital cameras, telephone switchboards, gaming platforms, and computer networks.
Attributes | Details |
---|
Study Period | 2015-2027 |
Base Year | 2019 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Asian Vendors will contribute the maximum growth to Global Tantalum Pentoxide market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
H.C. Starck (United States), Merck KGaA (Germany), Admat Inc. (United States), Stanford Advanced Materials (United States), Materion Corporation (United States), MPIL (India), Guangdong Lingguang New Material (China), Iwatani Corporation (Japan), MITSUI KINZOKU (Japan) and Kurt J. Lesker Compan (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Tantalum Pentoxide market by Type (Piezoelectric body grade, Optical glass grade and Single crystal grade), Application (Electronic applications, Lithium tantalate single crystals, Sputtering targets and Others) and Region.
On the basis of Type, Piezoelectric body grade are dominating the market in the year 2019On the basis of application, Electronic applications segment is dominating the market in the year 2019On the basis of geography, the market of Tantalum Pentoxide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Tantalum Pentoxide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The high demand for the Optical glass grade and The increasing adoption in the glass of photographic lenses
Market Growth Drivers:
The growing electronics application across the globe and The rising demand for the Lithium tantalite (LiTaO3) single crystal
Challenges:
The stringent government regulations associated with Tantalum Pentoxide
Restraints:
The increasing health concerns
Opportunities:
The growing demand from the electronic industries and The increasing usage in the smartphones
Market Leaders and their expansionary development strategies
On 1st July 2020, H.C. Starck Tantalum & Niobium has stated that it is operating under the Taniobis brand name. Taniobis will remain to offer a wide range of materials, powders, and alloys based on tantalum and niobium.
ECHA Regulation, Substances indicated, in 2009, as being intended to be registered by at least one company in the EEA. Substances that have been registered and can be placed on the EEA market by those companies with valid registration.
Key Target Audience
Tantalum Pentoxide Manufacturer, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.