- 6N Grade TMG
- 5N Grade TMG
- Others
Trimethylgallium Industry Market size was valued at USD 98.2 million in 2022, growing at a CAGR of 1.3% from 2023 to 2029. The global market provides a detailed overview which can be segmented by product type, application, and region. By product type, the trimethylgallium industry market has been segmented into 6N Grade TMG, 6.5N Grade TMG, and others. 6N grade TMG segments are anticipated to account for a notable share of the global market in the near future. TMG is also used in the electronic and metal industries. It is used in the production of LED lighting and semiconductors that function as a metalorganic chemical vapor deposition precursor. It is also majorly used in the production of LED lights in the electronic industry. TMG is a preferred source of gallium used in semiconductors for optoelectronic applications. Based on the application, the segment has been segregated into optoelectronic types of equipment, semiconductors, electrical lighting, plastic processing, food & beverages, and others.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The growth of the trimethylgallium market is driven due to a number of factors, such as the low production cost and high efficiency offered by trimethyl gallium. These days, it is used in led lighting systems, the solar cells industry as well as other applications such as chemical vapor deposition (CVD) which also help to boost its demand across various end-use industries. Moreover, the rise in environmental concerns due to increasing awareness among people about climate change has resulted in an increase in demand for renewable energy sources over traditional energy resources thus further propelling the global market for trimethylgallium.
The trimethylgallium industry market size was valued at USD 98.2 million in 2022
The trimethylgallium industry market key players are: The Dow Chemical Company Azelis Electronics Puyao HiTech American Elements Nobel Chemicals Jiayin, Albemarle Akzo SAFC NATA Panjiva
The trimethylgallium industry market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.