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Cadmium is a non-ferrous metal that is primarily used in the production of rechargeable nickel-cadmium batteries, pigments, and coatings. It is also used in the production of plastics, alloys, and electronics. Cadmium is a soft, malleable metal that is resistant to corrosion and has a low melting point. It is also used in the production of solar cells, semiconductors, and other electronic components.
The demand for cadmium is largely driven by the automotive and electronics industries. The automotive industry uses cadmium for its corrosion-resistant properties, while the electronics industry uses it for its low melting point and electrical conductivity. The demand for cadmium is also driven by the increasing demand for rechargeable batteries and solar cells.
The cadmium market is highly competitive, with many companies competing for market share. Some of the major players in the market include China Minmetals Corporation, Sumitomo Corporation, Umicore, and Mitsubishi Materials Corporation. Other companies in the market include Nyrstar, Nippon Light Metal, and Nippon Mining & Metals. Show Less Read more