Global Tantalum Pentoxide Market:Overview
Tantalumpentoxide (Ta2O5) is used in the manufacture of lithium tantalate singlecrystals. These single crystals are cut into wafers and are used as substratesin the production of surface sound wave filters (SAW filters). These sound wavefilters made from lithium tantalate are used in mobile end devices includingsmartphones, tablet PCs, and ultrabooks. They are also used in GPS connectivityapplications and smart meters. They ensure accurate frequency control, optimizedselectivity, and low falsification in these devices.
Global Tantalum Pentoxide Market: Key Segments
The globaltantalum pentoxide market can be segmented based on product type,application, and region. In terms of product type, the market can be dividedinto piezoelectric body grade, optical glass grade, and single crystal grade.The optical glass grade segment is anticipated to dominate the market due tothe extensive application of tantalum pentoxide in electronics. In terms ofapplication, the tantalum pentoxide market can be divided into electronicapplications, lithium tantalate single crystals, sputtering targets, andothers. Tantalums are widely used in the electronics industry. The electronicsmarket is moving toward greater miniaturization. Thus, the tantalum capacitoris favored for space-sensitive and applications such as telecommunications anddata storage.
Global Tantalum Pentoxide Market: Trends & Developments
Demand fortantalum pentoxide has been increasing due to the electronic revolution inend-user industries, growth of the service sector, and continuous R&D ofnew consumer electronics, worldwide, has extremely increased the demand forelectronic devices and appliances around the world. Tantalum pentoxidecapacitors have the highest capacitance per unit volume are extensively inminiaturized electrical circuitry. As the market moves to greaterminiaturization, tantalum pentoxide capacitor are used increasingly inspace-sensitive and high-end applications in telecommunications, data storage,and implantable medical devices. Currently, tantalum pentoxide account for just1% of the industrial dielectric capacitors market. These capacitors are foundin a wide range of applications such as bulk energy storage, filtering, anddecoupling. These tantalum capacitors are commonly found in products such aswireless devices, LCD monitors, DVD players, cell phones, personal computers,digital cameras, gaming platforms, telephone switchboards, and computernetworks, owing to their unequalled capacity to store and release electricalcharges. However, the demand for industrial electronics is rising more thanthat for consumer electronics.
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Global Tantalum Pentoxide Market: Regional Outlook
Based onregion, the global tantalum pentoxide market can be segregated into NorthAmerica, Europe, Asia Pacific, Middle East & Africa, and Latin America.North America is a major region of the global tantalum pentoxide market, owingto the presence of regulations on the adoption of tantalum pentoxide in electronicsapplications in the U.S. This, in turn, is propelling the demand for tantalumpentoxide in the region. The market in Europe market is anticipated to expandat a rapid pace during the forecast period, followed by that in North America.Supportive regulatory framework of governments of countries in Europe towardthe adoption of tantalum pentoxide is propelling the market in Europe. Thetantalum pentoxide market in Middle East & Africa and Latin America isprojected to expand at a moderate pace in the near future, due to the presenceof developing economies in these regions.
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Global Tantalum Pentoxide Market: Key Players
Keyplayers operating in the global tantalum pentoxide market are H.C. Starck,Stanford Advanced Materials, Materion Corporation, MPIL, GuangdongLingguang New Material, Iwatani Corporation, and MITSUI KINZOKU.
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