 Global Indium Tin Oxide Market Growth 2019-2024
      Global Indium Tin Oxide Market Growth 2019-2024Indium 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.
According to this study, over the next five years the Indium Tin Oxide market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 1860 million by 2024, from US$ 1480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Indium Tin Oxide business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Indium Tin Oxide market by product type, application, key manufacturers and key regions and countries.
This study considers the Indium Tin Oxide value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    ITO Source
    Form
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Flat Panel Display
    Touch-screen Sensor
    Photovoltaic Cells
    Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Indium Tin Oxide consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Indium Tin Oxide market by identifying its various subsegments.
    Focuses on the key global Indium Tin Oxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Indium Tin Oxide with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Indium Tin Oxide submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
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