GALLIUM GA31

Strongly in demand in future technologies.

Gallium is of high economic relevance due to the large number of applications in future key technologies, whereby the global production capacities are already considered to be exhausted. However, the demand is constantly increasing. Demand for new technical innovations is expected to increase 1.5 times by 2035. This even stronger development in the future was already anticipated in recent years by a dynamic price increase.

Gallium was from Lecoq de Boisbaudran discovered.

Specific property:liquid metal
Application areas:Integrated Circuits, LEDs, Research & Development, Photodetectors, Solar Cells
Future Technologies:High performance electric vehicle batteries, transistors and solar cells, attractive alternative to traditional semiconductor materials such as silicon, high efficiency solar cells, production of radioactive isotopes for medical imaging applications

PROPERTIES

VALUE

item category

metals

thermal conductivity

6.9 10⁶ kg/m³

electric conductivity

40 s/m

density

5.91 kg/m³

melting point

302.9°C

2.673°C

boiling point

Without the contradictory metal gallium, many technical innovations would be unthinkable today. This inconsistency is due to the fact that it already melts at room temperature (29.8 °C), but its boiling point is only 2,403 °C.

Due to the properties that made it industrially important in semiconductor production from the 1970s, integrated circuits represent the most important area of application for gallium today. The large liquid partition of gallium is used for the construction of special thermometers.

The areas of application for gallium are as exciting as they are varied: semiconductors, solar systems, electrical engineering as well as LED & OLED. The advantages that result from this are obvious, because the markets of the application areas are constantly growing. This has led to a veritable gallium boom in the recent past. In addition, the raw material is used in permanent magnets, which are indispensable for electric vehicles and wind turbines.

Gallium is a rare and valuable metal with unique properties that make it suitable for a range of technological applications. The price of gallium can be affected by a number of factors, including supply and demand dynamics, technological advances, and economic conditions. Below are some trends that have affected the price of gallium in the past: Supply Dynamics: Gallium is a relatively rare metal, and its supply is limited. Most of the world's gallium supply is obtained as a byproduct of mining other metals such as aluminum, zinc, and copper. Therefore, the price of gallium is very sensitive to supply disruptions such as production cuts or mine closures. A decrease in gallium supply can drive the price up, while an increase in supply can drive the price down. Technological Advancement: Gallium has unique properties that make it suitable for a number of technological applications such as semiconductors, LEDs, and solar cells. Demand for gallium may be affected by technological advances and the development of new applications for the metal. As new applications for gallium are discovered or as existing applications become more popular, this can increase demand and raise the price. Economic conditions: Like other metals, the price of gallium can be affected by economic conditions, such as inflation and market volatility. When investors are concerned about market volatility, they may turn to safer assets such as precious metals, which can drive up their prices. Overall, the price of gallium is subject to a variety of complex and interrelated factors, and its movement can be difficult to predict in the short term. However, investors and analysts often look to economic indicators, supply dynamics, and technological advances for insight into future gallium price movements.