Industrial Development of Indium

Industrial production of indium began in the early 1920s. In recent years, the global demand for indium has grown rapidly. Since 2003, it has been increasing at a rate of 5-10% every year. Before 2008, the global refined indium production was increasing year by year. After 2008, the supply of indium gradually decreased due to the strengthening of resource protection by countries around the world.

With the continuous deepening of people's understanding and research on indium, indium has played an important role in the fields of information, aerospace, energy, military industry and medical and health, flat panel displays, alloys, semiconductor data transmission, aerospace products and solar cell manufacturing. plays a very important role. Especially with the rapid development of the IT industry, the demand for ITO film or ITO glass for various new liquid crystal displays such as notebook computers, TVs and mobile phones, as well as contact screens and building materials is increasing (ITO target production accounts for 10% of the global indium consumption). more than 70%), which has an important impact on the market status of indium.

It is precisely because of the rapid development of the indium industry that the global indium resources are very limited. In recent years, countries have begun to strengthen their reserves of indium.