Indium Tin Oxide (ITO) Market 2021-2026: Share, Growth, Key Players, Outlook and Forecast

Research Reports

Posted on December 27, 2021

According to the latest report by IMARC Group, titled “Indium Tin Oxide (ITO) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global indium tin oxide (ITO) market witnessed moderate growth during 2015-2020. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of around 6% during 2021-2026. Indium Tin Oxide (ITO) is an n-type transparent semiconductor that is composed of indium, tin, and oxygen in differing proportions. It is one of the widely used oxides due to its excellent electrical conductivity and optical transparency properties. Owing to this, ITO finds extensive applications in mobile phones, smart windows, polymer-based electronics, and heat reflective coatings.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Indium Tin Oxide (ITO) Market Trends:

The global market is majorly driven by significant growth in the electronic industry. ITO is extensively used in the manufacturing of touch panels, LCDs, smartphones, and computer monitors, thereby favorably impacting the market growth. With an enhanced focus on sustainable development, there has been a growing dependency on utilizing renewable energy resources, which, in turn, is providing an impetus to market growth. Besides this, ITO has increasingly replaced silicon-based PV materials in the manufacturing of solar cells, thus driving market growth further. Some of the other factors contributing to the market growth include the rising utilization of ITO in scientific and commercial products and extensive research and development (R&D) activities.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

3M Company
American Elements
Densitron Technologies
EFUN Technology
Umicore
Indium Corporation
Keeling & Walker Ltd
Kurt J. Lesker Company
Mitsui Mining & Smelting Co., Ltd.
Nitto Denko Corporation
Samsung Corning Precision Material
Sollensys
Tosoh Corporation
Touch International Inc

Breakup by Technology:

Sputtering
Vacuum Evaporation
Chemical Vapour Deposition
Spray Pyrolysis
Others

Breakup by Application:

Electrochromic Displays and LCDs
Touch Panels
Photovoltaics
Transparent Electrodes
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

Market Performance (2015-2020)

Market Outlook (2021-2026)

COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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