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High Purity Non-ferrous Metals, Global Key Players Rank and Market Share, Top 21 Companies Hold 25%


High-purity non-ferrous metals include indium, cadmium, zinc, nickel, copper, tellurium, selenium, gallium, tungsten, molybdenum, germanium, etc.
With the advancement of metal purification technology, the purity of high-purity non-ferrous metals used in various high-end fields has gradually transitioned from 4N to 5N and 6N, and some application fields have even reached 7N (such as electronic semiconductors). Its purity determines the performance of the application process. The higher the purity, the lower the impurities, and the higher the performance of the material.
According to the new market research report "Global High Purity Non-ferrous Metals Market Report 2023-2029", published by QYResearch, the global High Purity Non-ferrous Metals market size is projected to reach USD 25 billion by 2029, at a CAGR of 3.9% during the forecast period.

Market Drivers:
1. National policy support.
2. Demand for advanced applications: High-purity non-ferrous metals are one of the important materials for many advanced technologies, such as missile guidance systems, semiconductor industry, optoelectronic devices, aircraft, and high-speed trains, etc. All require high-purity non-ferrous metals.
3. Popularization of new energy: With the rapid development of the new energy field, the demand for the promotion and application of various new energy facilities, including photovoltaics, wind energy, electric vehicles, etc., is increasing year by year. High-purity cadmium is mainly used as an important material in solar cells, semiconductors, and other new energy fields; high-purity indium is one of the indispensable materials for nickel-cadmium batteries. With the expansion of the new energy market, the demand for high-purity non-ferrous metals has also increased.

Risk:
1. Environmental risks: During the production process of high-purity non-ferrous metals, a certain amount of waste water, waste residue, waste gas and noise that are harmful to the environment will be produced. As national and local environmental protection regulations become increasingly strict and environmental standards continue to improve, the industry will continue to face environmental risks.
2. Production safety risks: The nonferrous metal mining and smelting industry is a highly dangerous industry and faces a number of production safety risks. The main production safety risks faced by the company include severe weather, industrial accidents, mine collapses, tailings dam breaches, equipment failures, fires, explosions and other emergencies. These risks could result in property damage to companies in the industry's mining sites, concentrators or smelters, and could result in loss of life, environmental damage and potential legal liability.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : Mar 27, 2024 2:08 AM
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Item  Owner  : Joyce
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