The Global Cadmium in Semiconductors and Electronics Market size is projected to reach USD 1.6 billion by 2028. The demand for cadmium is primarily driven by the increasing use of semiconductors and electronic devices such as smartphones and laptops which require more power-efficient materials that are also cost effective.
Cadmium Sulphide (CdS) is an inorganic compound with the chemical formula CdS. It belongs to group II/VI of chalcogenides and has applications as a photoconductor, photocell and solar cell absorber layer material because it absorbs visible light more efficiently than infrared light while still having some transparency at wavelengths around 350 nm.
On basis of Type, the market is segmented into Cadmium Selenide, Cadmium Sulphide, Cadmium Oxide, Cadmium Arsenide, Cadmium Telluride, Cadmium Zinc Telluride and others.
Cadmium selenides are semiconductor materials used in low-power devices such as solar cells and light-emitting diodes (LEDs). They have a bandgap of about 0.55 eV which makes them more efficient than silicon at similar temperatures for converting sunlight into electricity.
Cadmium sulphide is a toxic compound of cadmium and sulfur that has applications in infrared detectors, phototubes for low-intensity illumination such as street lights or home use, photocathodes in image intensifiers used in military equipment like night vision goggles. Cadmium sulphide absorbs light over an ultraviolet to near-infrared spectrum which makes it useful for these purposes.
Cadmium oxide is an inorganic compound with the chemical formula CdO that belongs to group II/VI of chalcogenides and has applications as photoconductors or photosensitisers because it absorbs visible light better than infrared light while still being transparent over a wide wavelength range.
Cadmium arsenide is a compound with the chemical formula CdAs that belongs to group II/VI of chalcogenides and has applications in lasers or infrared detectors. Cadmium arsenide absorbs light over an ultraviolet to near-infrared spectrum which makes it useful for these purposes.
Cadmium telluride is a chemical compound with the formula CdTe. It belongs to group II/VI of chalcogenides and has applications as photoconductors or photodetectors because it absorbs visible light better than infrared light while still being transparent over a wide wavelength range.
Cadmium zinc telluride is a compound with the formula CdZnTe. It belongs to group II/VI of chalcogenides and has applications as photoconductors or photodetectors because it absorbs visible light better than infrared light while still being transparent over a wide wavelength range.
On the basis of Application, the market is segmented into Photo Resistors, Electrodes For Storage Batteries, Transparent Conductors and Others. Photo Resistors segment is expected to dominate the cadmium in the semiconductors and electronics market during the forecast period.
On basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is expected to be the biggest market for cadmium in semiconductors and electronics owing to the high demand for electronic devices such as mobile phones. The region accounted for more than 40% share of global revenue in 2016 followed by Europe which has estimated to account for about 30%. Latin American countries are expected to witness significant growth rates during the forecast period due to favorable macro-economic factors coupled with a surge in infrastructure spending across emerging markets including Brazil, India, and China.
Global Scarcity of Raw Materials: The cadmium market is significantly driven by the availability and price of raw materials. Shortages in supply, higher prices for certain grades, and increased volatility often lead to significant fluctuations in the global demand for semiconductors as well as electronics due to its dependence on other key elements such as silicon that acts as a catalyst.
Restrictive Regulations On Cadmium Emissions: Countries have started implementing measures restricting emissions of toxic chemicals including cadmium which may hamper growth prospects over time. For instance, China has announced plans to improve air quality through the implementation of stricter regulations on harmful pollutants leading to reduced cadmium consumption while simultaneously boosting demand from regions where restrictions are not imposed such as Latin America.
Up Market Research published a new report titled “Cadmium in Semiconductors and Electronics Market research report which is segmented by Types (Cadmium Selenide, Cadmium Sulphide, Cadmium Oxide, Cadmium Arsenide, Cadmium Telluride, Cadmium Zinc Telluride), By Applications (Photo Resistors, Electrodes For Storage Batteries, Transparent Conductors, Others), By Players/Companies LG Electronics, DOW Electronics, Hunan Jufa Technology, James M.Brown, Nanoco, First Solar, Calyxo, Lucintech”.
Report Attributes | Report Details |
Report Title | Cadmium in Semiconductors and Electronics Market Research Report |
By Type | Cadmium Selenide, Cadmium Sulphide, Cadmium Oxide, Cadmium Arsenide, Cadmium Telluride, Cadmium Zinc Telluride |
By Application | Photo Resistors, Electrodes For Storage Batteries, Transparent Conductors, Others |
By Companies | LG Electronics, DOW Electronics, Hunan Jufa Technology, James M.Brown, Nanoco, First Solar, Calyxo, Lucintech |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 216 |
Number of Tables & Figures | 152 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Cadmium Selenide, Cadmium Sulphide, Cadmium Oxide, Cadmium Arsenide, Cadmium Telluride, Cadmium Zinc Telluride and By Application Photo Resistors, Electrodes For Storage Batteries, Transparent Conductors, Others.
Some of the companies that are profiled in this report are:
Cadmium in Semiconductors and Electronics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Cadmium in Semiconductors and Electronics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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