Indium is an inorganic metal element that is silver-whitish in color. The metal is soft and lustrous in nature that has a face-centered tetragonal arrangement in its structure. It is commercially produced as a by-product while smelting Zinc and Lead sulfide ores, which gives around 1% of Indium. Indium is ductile and malleable, which makes it a perfect solder and is used to fill metal joints.
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The melting and boiling point of Indium measure around 156.6° C and 2027° C, respectively. The element is found more in cultivated fields rather than uncultivated ones. Its softness allows it to be molded into any shape, which makes it an excellent industrial metal.
India, the Netherlands, and Vietnam are the key importing countries to import Indium. On the other hand, the key exporting countries for the same are the United States, Germany, and the United Kingdom.
Key Details About the Indium Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the indium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Indium Price Index, including India Indium price, USA Indium price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Indium Price Trend:
Indium is an industrial metal element used for several activities, which chiefly include activities associated with the metal and electronics industries. Indium can smoothly dope germanium, which is used to make transistors. The metal is used to give a more reflective surface to the mirrors when compared to the common silver mirrors. It is used to produce diodes, which are manufactured at the semiconductor firms.
Moreover, it is also used in the process of plating thin films, which are later used in fabricating semiconductor and electronic items, especially thin film solar cells. Indium tin oxide (ITO), which is a crucial part of flatscreen TVs, touch screens, and solar panels, is made up of Indium metal. It is also used as a casting material in motor vehicles to allow the even distribution of lubricating oils.
Key Players:
- Umicore N.V
- DuPont de Nemours, Inc.
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