Global Tellurium Market 2023-2029
Tellurium is a rare and brittle metalloid element with the symbol Te and atomic number 52. It is a member of the chalcogen element group and is classified along with sulfur, selenium, and oxygen. Tellurium is a silvery-white metal with a crystalline texture, and is commonly found in the Earth's crust, often associated with minerals containing gold, silver, and copper. Tellurium is primarily used in the production of alloys such as copper and steel, to improve their strength and durability. It is also used in the production of thermoelectric materials and semiconductor compounds used in electronic devices. Its p-type semiconducting properties make it useful in the production of high-efficiency solar panels. According to the latest data, the market size of the global tellurium sector is expected to rise by USD 11.2 million with a CAGR of 3.57% by the end of 2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global tellurium market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for tellurium can be segmented by application: thermo electric production, metallurgy, solar panels, others. Globally, the solar panels segment made up the largest share of the tellurium market. Tellurium market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific captured the largest share of the market in 2022.
Market Segmentation
By application: thermo electric production, metallurgy, solar panels, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global tellurium market report offers detailed information on several market vendors, including Umicore N.V., MMC Norilsk Nickel PJSC, Shinko Chemical Co., Ltd., Pan Pacific Copper Co., Ltd., Ural Mining Metallurgical Company, 5N Plus Inc., Grupo Mexico SAB de CV, Coherent Corp., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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