Global Germanium Market size reached US$ 316.43 million in 2024 and is expected to reach US$ 439.76 million by 2032, growing with a CAGR of 4.20% during the forecast period 2025-2032.
The market for germanium is expanding rapidly because to rising demand from high-tech industries like solar energy, fiber optics, and infrared optics. Its crucial importance in high-efficiency solar cells, especially for space and satellite applications, has been emphasized by the continuous investments in solar power and the global transition to renewable energy.