Tellurium market: Driving factors, industry challenges, segmentation, key vendor analysis, leading countries, and market size and forecast 2023-2027

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Feb 07, 2023, 06:00 ET

NEW YORK, Feb. 7, 2023 /PRNewswire/ --

In-depth analysis provided in the report includes:

Technavio has announced its latest market research report titled Global Tellurium Market 2023-2027

Current and future market trends to highlight market conditions
Comparative analysis of the market and its segments for the historic period of 2017 - 2021
Market drivers and market impediments and their impact on market growth
Positioning of market players and their business strategy analysis
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Tellurium market size & segmentation analysis

The tellurium market is estimated to grow at a CAGR of 3.41% between 2022 and 2027. The size of the market is forecast to increase by 83.72 MT. The tellurium market is segmented based on application, type, and geography.

Based on application, the tellurium market is segmented into solar panels, thermoelectric production, metallurgy, and others
Based on type, the market is segmented into pure tellurium and telluride.
Based on geography, the tellurium market is segmented into APAC, North America, Europe, South America, and Middle East and Africa
For insights on the market contribution of each segment, Buy the report!

Tellurium market: Country-level analysis

The countries covered in the tellurium market report are China, India, and others (APAC); US and Canada (North America); the UK, Germany, France, and the Rest of Europe (Europe); Chile, Brazil, and Argentina (South America); Saudi Arabia, South Africa, and others (Middle East and Africa).

APAC will account for 35% of the market growth during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth in APAC can be attributed to the rapid growth of the solar PV market with the rise in investments in renewable energy integration programs.
Moreover, most of the production of electronics is concentrated in APAC. The rise in demand for smartphones, tablets, televisions, wireless communications infrastructure, network hardware, computers, and electro-medical devices will stimulate the global demand for semiconductors. The region comprises countries such as India, Singapore, Malaysia, the Philippines, and other Southeast Asian countries that are significantly contributing to the growth of the electronic fabrication materials market in the region. Therefore, the increased demand for tellurium from various end-user industries in APAC is expected to fuel the growth of the market in the region during the forecast period.

The geographic landscape of the report also provides market-impacting factors and changes that impact current and future trends. For detailed information, Request a sample!

Tellurium market: Dynamics & insights

Technavio's research report on the tellurium market provides analysis and insights about the various drivers, along with key challenges, that impact the market throughout the forecast period.

The increased demand from the consumer electronics industry is notably driving market growth. Tellurium alloys are commercially used in various consumer electronics products. They offer potential solutions to a wide range of applications such as mobile phones, LED displays and projectors, wearable electronic devices, gaskets and lighting, and rollers. Additionally, factors such as the increasing urban population, rise in disposable income, strong supply chain, and high internet penetration also drive the growth of the global market. Furthermore, the governments of many developing countries are providing exemptions on certain duties to boost the manufacturing capacity of consumer electronics manufacturers. Therefore, the high demand for this product will drive market growth during the forecast period.

However, alternatives to tellurium are major challenges impeding market growth. Manufacturers of the end-users of tellurium tend to use other materials and metals due to their availability, performance, and cost-effectiveness. For instance, Bismuth, calcium, lead, phosphorus, selenium, and sulfur are used as substitutes in free-machining steel. Furthermore, in chemical process reactions, tellurium can be replaced with other catalysts or noncatalyzed processes. Therefore, the reduced use of the product owing to the increased use of its alternatives is expected to hamper the market growth during the forecast period.

Tellurium market: Competitive landscape and vendor analysis

Technavio's report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Some of the major players operating in the tellurium market are 5N Plus Inc., Aurubis AG, Boliden Group, Kisan Kinzoku Chemicals Co. Ltd, Pan Pacific Copper Co. Ltd., PJSC MMC Norilsk Nickel, Rio Tinto Ltd., Santech, Shinko Chemical Co. Ltd., Umicore NV, UMMC Holding Corp., and II-VI Inc. among others. For insights on the vendor offerings, Download a PDF sample!

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Tellurium Market Scope
Report Coverage	Details
Page number	161
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 3.41%
Market growth 2023-2027	83.72 MT
Market structure	Concentrated
YoY growth 2022-2023(%)	2.79
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 35%
Key countries	US, Canada, China, Japan, and Sweden
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	5N Plus Inc., Aurubis AG, Boliden Group, Kisan Kinzoku Chemicals Co. Ltd, Pan Pacific Copper Co. Ltd., PJSC MMC Norilsk Nickel, Rio Tinto Ltd., Santech, Shinko Chemical Co. Ltd., Umicore NV, UMMC Holding Corp., and II-VI Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market Definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (MT)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (MT)
Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global tellurium market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global tellurium market 2017 - 2021 (MT)

4.2 Application Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (MT)

4.3 Type Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 (MT)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (MT)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (MT)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments

Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application

Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application

6.3 Solar panels - Market size and forecast 2022-2027

Exhibit 34: Chart on Solar panels - Market size and forecast 2022-2027 (MT)
Exhibit 35: Data Table on Solar panels - Market size and forecast 2022-2027 (MT)
Exhibit 36: Chart on Solar panels - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Solar panels - Year-over-year growth 2022-2027 (%)

6.4 Thermoelectric production - Market size and forecast 2022-2027

Exhibit 38: Chart on Thermoelectric production - Market size and forecast 2022-2027 (MT)
Exhibit 39: Data Table on Thermoelectric production - Market size and forecast 2022-2027 (MT)
Exhibit 40: Chart on Thermoelectric production - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Thermoelectric production - Year-over-year growth 2022-2027 (%)

6.5 Metallurgy - Market size and forecast 2022-2027

Exhibit 42: Chart on Metallurgy - Market size and forecast 2022-2027 (MT)
Exhibit 43: Data Table on Metallurgy - Market size and forecast 2022-2027 (MT)
Exhibit 44: Chart on Metallurgy - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Metallurgy - Year-over-year growth 2022-2027 (%)

6.6 Others - Market size and forecast 2022-2027

Exhibit 46: Chart on Others - Market size and forecast 2022-2027 (MT)
Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 (MT)
Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.7 Market opportunity by Application

Exhibit 50: Market opportunity by Application (MT)

7 Market Segmentation by Type

7.1 Market segments

Exhibit 51: Chart on Type - Market share 2022-2027 (%)
Exhibit 52: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type

Exhibit 53: Chart on Comparison by Type
Exhibit 54: Data Table on Comparison by Type

7.3 Pure tellurium - Market size and forecast 2022-2027

Exhibit 55: Chart on Pure tellurium - Market size and forecast 2022-2027 (MT)
Exhibit 56: Data Table on Pure tellurium - Market size and forecast 2022-2027 (MT)
Exhibit 57: Chart on Pure tellurium - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Pure tellurium - Year-over-year growth 2022-2027 (%)

7.4 Telluride - Market size and forecast 2022-2027

Exhibit 59: Chart on Telluride - Market size and forecast 2022-2027 (MT)
Exhibit 60: Data Table on Telluride - Market size and forecast 2022-2027 (MT)
Exhibit 61: Chart on Telluride - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Telluride - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Type

Exhibit 63: Market opportunity by Type (MT)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 65: Chart on Market share by geography 2022-2027 (%)
Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (MT)
Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (MT)
Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027

Exhibit 73: Chart on North America - Market size and forecast 2022-2027 (MT)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 (MT)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027

Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 (MT)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 (MT)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 81: Chart on South America - Market size and forecast 2022-2027 (MT)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 (MT)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 (MT)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (MT)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027

Exhibit 89: Chart on China - Market size and forecast 2022-2027 (MT)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 (MT)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027

Exhibit 93: Chart on US - Market size and forecast 2022-2027 (MT)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 (MT)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 Japan - Market size and forecast 2022-2027

Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 (MT)
Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 (MT)
Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.11 Sweden - Market size and forecast 2022-2027

Exhibit 101: Chart on Sweden - Market size and forecast 2022-2027 (MT)
Exhibit 102: Data Table on Sweden - Market size and forecast 2022-2027 (MT)
Exhibit 103: Chart on Sweden - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Sweden - Year-over-year growth 2022-2027 (%)

9.12 Canada - Market size and forecast 2022-2027

Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 (MT)
Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 (MT)
Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 109: Market opportunity by geography (MT)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 112: Overview on factors of disruption

11.4 Industry risks

Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 114: Vendors covered

12.2 Market positioning of vendors

Exhibit 115: Matrix on vendor position and classification

12.3 5N Plus Inc.

Exhibit 116: 5N Plus Inc. - Overview
Exhibit 117: 5N Plus Inc. - Business segments
Exhibit 118: 5N Plus Inc. - Key offerings
Exhibit 119: 5N Plus Inc. - Segment focus

12.4 Aurubis AG

Exhibit 120: Aurubis AG - Overview
Exhibit 121: Aurubis AG - Business segments
Exhibit 122: Aurubis AG - Key offerings
Exhibit 123: Aurubis AG - Segment focus

12.5 Boliden Group

Exhibit 124: Boliden Group - Overview
Exhibit 125: Boliden Group - Business segments
Exhibit 126: Boliden Group - Key offerings
Exhibit 127: Boliden Group - Segment focus

12.6 II-VI Inc.

Exhibit 128: II-VI Inc. - Overview
Exhibit 129: II-VI Inc. - Business segments
Exhibit 130: II-VI Inc. - Key news
Exhibit 131: II-VI Inc. - Key offerings
Exhibit 132: II-VI Inc. - Segment focus

12.7 Kisan Kinzoku Chemicals Co. Ltd

Exhibit 133: Kisan Kinzoku Chemicals Co. Ltd - Overview
Exhibit 134: Kisan Kinzoku Chemicals Co. Ltd - Product / Service
Exhibit 135: Kisan Kinzoku Chemicals Co. Ltd - Key offerings

12.8 Pan Pacific Copper Co. Ltd.

Exhibit 136: Pan Pacific Copper Co. Ltd. - Overview
Exhibit 137: Pan Pacific Copper Co. Ltd. - Product / Service
Exhibit 138: Pan Pacific Copper Co. Ltd. - Key offerings

12.9 PJSC MMC Norilsk Nickel

Exhibit 139: PJSC MMC Norilsk Nickel - Overview
Exhibit 140: PJSC MMC Norilsk Nickel - Business segments
Exhibit 141: PJSC MMC Norilsk Nickel - Key news
Exhibit 142: PJSC MMC Norilsk Nickel - Key offerings
Exhibit 143: PJSC MMC Norilsk Nickel - Segment focus

12.10 Rio Tinto Ltd.

Exhibit 144: Rio Tinto Ltd. - Overview
Exhibit 145: Rio Tinto Ltd. - Business segments
Exhibit 146: Rio Tinto Ltd. - Key news
Exhibit 147: Rio Tinto Ltd. - Key offerings
Exhibit 148: Rio Tinto Ltd. - Segment focus

12.11 Santech

Exhibit 149: Santech - Overview
Exhibit 150: Santech - Product / Service
Exhibit 151: Santech - Key offerings

12.12 Shinko Chemical Co. Ltd.

Exhibit 152: Shinko Chemical Co. Ltd. - Overview
Exhibit 153: Shinko Chemical Co. Ltd. - Product / Service
Exhibit 154: Shinko Chemical Co. Ltd. - Key offerings

12.13 Umicore NV

Exhibit 155: Umicore NV - Overview
Exhibit 156: Umicore NV - Business segments
Exhibit 157: Umicore NV - Key news
Exhibit 158: Umicore NV - Key offerings
Exhibit 159: Umicore NV - Segment focus

12.14 UMMC Holding Corp.

Exhibit 160: UMMC Holding Corp. - Overview
Exhibit 161: UMMC Holding Corp. - Product / Service
Exhibit 162: UMMC Holding Corp. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 163: Inclusions checklist
Exhibit 164: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 165: Currency conversion rates for US$

13.4 Research methodology

Exhibit 166: Research methodology
Exhibit 167: Validation techniques employed for market sizing
Exhibit 168: Information sources

13.5 List of abbreviations

Exhibit 169: List of abbreviations

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