This report analyzes the worldwide markets for Germanium in Kilograms by the following End-Use Segments: Fiber Optic Systems, Polymerization Catalysts, Infrared Optics, Electronics/Solar Applications and Other Uses (Phosphors, Metallurgy, & Chemotherapy). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2007 through 2015. A seven-year historic analysis is also provided for these markets. The report profiles 21 companies including many key and niche players such as Germanium Corporation of America, GFI Advanced Technologies Inc., Japan Algae Co., Limited,  N.V.Umicore SA, Umicore Optical Materials USA, Inc., Umicore Optics, Novotech, Inc., Recylex S.A., Teck Cominco Limited, and Yunnan Chihong Zinc-Germanium Co., Limited.  Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources. 

TABLE OF CONTENTS

GERMANIUM 									MCP-2637
A GLOBAL STRATEGIC BUSINESS REPORT


						CONTENTS



  1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS                       1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Data Interpretation & Reporting Level                                3
       Quantitative Techniques & Analytics                                 3
      Product Definitions and Scope of Study                               3
       Fiber Optic Systems                                                 4
       Polymerization Catalysts                                            4
       Infrared Optics                                                     4
       Electronics/Solar Applications                                      4
       Other Uses (Phosphors, Metallurgy, & Chemotherapy)                  5

  2. INDUSTRY OVERVIEW                                                     6
      Dynamic Market                                                       6
      Impact of Recession on the Market                                    6
      Current & Future Analysis                                            7
       Analysis by Geographic Region                                       7
       Analysis by End-Use Segment                                         7
      New Uses For Germanium                                               7
      Germanium Poised to Grow in Semiconductor Market                     7
      SiGe Offering Bright Prospects for the Electronics Industry          8
      Bright Future for SiGe Technology                                    8
      SiGe Technology to Revolutionize Data Processing Applications        8
      Next Generation Superchips                                           9
      Demand and Consumption                                               9
      Search for Supplemental Germanium Reserves                           9
       Prices                                                              9
      Germanium Market: Historic Review                                    10

  3. PRODUCT OVERVIEW                                                      11
      Germanium - A Technical Primer                                       11
       Physical Constants of Germanium                                     11
       Atomic Structure of Germanium                                       11
       Occurrence                                                          11
        Common Ores of Germanium                                           12
         Isotopes of Germanium                                             12
       History of Germanium                                                12
       Extraction of Germanium                                             12
        From Zinc Ores                                                     13
         The Process                                                       13
          Synthetic Method                                                 13
          Innovative Germanium Recovery Process from Bell Labs             14
          Germanium Manufactured in Spherical Form                         14
       Applications of Germanium                                           14
        Solid-State Electronics - The First Known Application of
         Germanium                                                         14
         Electronic Applications Soar Popularity of Germanium              14
         Substitutes Dent Germanium’s Popularity                           14
        Fiber Optics & Infrared Optics - Breathing New Life                14
         Military Sector - Largest End User of Germanium Infrared
          Optics                                                           15
         Automobile Sector - Not Far Behind                                15
        Other Uses of Germanium                                            15
         As a Catalyst                                                     15
         As a Bacteriocide                                                 15
       Environmental Concerns                                              15

  4. MAJOR END - USE MARKETS                                               16
      Fiber Optic Systems - On a Fast Track                                16
       Breakthrough Technology in Telecommunications                       16
       Communication Systems - Booster to Optic Fiber Technology           16
      Polymerization Catalysts                                             17
      Infrared Optics                                                      17
       Exploiting Germanium Property in Space Research Operations          17
       For Military Surveillance                                           18
      Electronics and Solar Electrical Applications                        18
       Electrical Applications                                             18
       Semiconductors - Backbone of the Electronics Industry               18
       Usage of Germanium in Semiconductors                                19
       Diodes                                                              19
        Germanium - Economical Substrate for LEDs                          19
        Germanium-Carbon Diodes                                            20
        Germanium Resistance Sensors                                       20
       Transistors                                                         21
        Si-Ge Heterojunction Bipolar Transistors                           21
        IBM Develops High-Speed Transistors                                21
       Germanium Detectors                                                 21
        J16 Series                                                         22
       Solar Cells                                                         22
      Other Uses                                                           22
       Jewelry Products                                                    22
       Optical Discs                                                       23
       Conventional Concave Mirrors                                        23
       Germanium-Carbon Composites                                         23

  5. SILICON - GERMANIUM TECHNOLOGY                                        24
      SiGe Technology First Conceptualized by Optoelectronics              24
      IBM - Pioneer in Commercializing SiGe Technology                     24
      SiGe ICs- A Substitute to Multiple Components                        25
      Integration Capabilities of SiGe                                     25
      Other Advantages                                                     25
      IBM and Leica Geosystems Explore Si-Ge Technology for GPS            25
      Performance Gains of SiGe BiCMOS Circuits                            26
      Philips Releases Latest BiCMOS Process                               26

  6. GERMANIUM IN MEDICINE                                                 27
      Organic and Inorganic Germanium                                      27
      Benefits of Organic Germanium                                        27
       A Powerful Antioxidant                                              27
       Dietary Supplement                                                  27
       Cellular Oxygen Catalyst                                            27
       Superior Cellular Support Nutrient                                  27
       Super Nutrient                                                      27
       Impulse Stimulator                                                  28
       In Diagnosis of Diseases                                            28
       Treatment of Cancer                                                 28
       Curing Heart Disease                                                29
       In Treatment of AIDS and Other Diseases                             29
      Germanium Sesquioxide                                                29
      Bis-Beta Carboxyethyl Germanium Sesquioxide                          29
      Colloidal Germanium                                                  30
      Use of Organic Germanium (Ge-132) in Cosmetic Products               30
      Adverse Effects of Inorganic Germanium                               30

  7. SUBSTITUTES OF GERMANIUM                                              31
      Polymerization Catalysts Substitutes                                 31
      Substitute to SiGe Chips                                             31

  8. PRODUCT LAUNCHES                                                      32
      IQE Rolls Out GeOI Engineered Substrates for High Efficiency
       Integrated Circuits                                                 32
      IBM and Georgia Tech Develop 500 GHz SiGe Chips                      32
      IMEC’s New Germanium Process Boosts Efficiency of
       Thermophotovoltaic Cells                                            32
      MTG Launches Body Heating Germanium Rocks in Japan                   32
      Cosme 2000 Unveils Germanium based Cosmetics in Japan                33
      IBM Unveils Fourth Generation SiGe Technology                        33

  9. RECENT INDUSTRY ACTIVITY                                              34
      AXT Receives Contract from AUR SPACE                                 34
      Matheson Tri-Gas Enters into Agreement with Gelest                   34
      VectraWave Selects TowerJazz’s SBC18HX Process                       34
      GigOptix Acquires ChipX                                              35
      Voltaix Expands Germane Manufacturing Capacity                       35
      Strategic Resource Inks Sales Agreement with Recapture Metals        35
      Sparton Resources Inks Agreement to Acquire Stake in Hua Jun         36
      War Eagle Inks Letter of Intent with SaskPower International
       and Saskatchewan Power                                              36

  10. CORPORATE ACTIVITY IN RECENT PAST - A PERSPECTIVE BUILDER            37
      War Eagle Reports New Finds of Germanium in Mexico                   37
      Riber Joins IMEC for Research on Germanium and I   V Materials       37
      Tucker Capital Acquires Lattice Materials                            37
      International Isotopes Announces Test Production of Germanium
       Tetrafluoride                                                       37
      New SiGe Technology for High Speed CMOS and High Speed Analog
       Circuits                                                            37

  11. FOCUS ON SELECT GLOBAL PLAYERS                                       38
      Germanium Corporation of America (US)                                38
      GFI Advanced Technologies Inc. (US)                                  38
      Japan Algae Co., Ltd. (Japan)                                        38
      N.V Umicore SA (Belgium)                                             38
       Umicore Optical Materials USA, Inc. (US)                            39
       Umicore Optics (Belgium)                                            39
      Novotech, Inc. (US)                                                  40
      Recylex S.A. (France)                                                40
      Teck Cominco Limited (Canada)                                        40
      Yunnan Chihong Zinc-Germanium Co., Ltd (China)                       41

  12. GLOBAL MARKET PERSPECTIVE                                            42
      Table 1: World Recent Past, Current & Future Analysis for
      Germanium by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in Kilograms for Years 2007 through 2015 (includes
      corresponding Graph/Chart)                                           42

      Table 2: World Historic Review for Germanium by Geographic
      Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Latin America and Rest of World Markets Independently
      Analyzed with Annual Sales Figures in Kilograms for Years 2000
      through 2006 (includes corresponding Graph/Chart)                    43

      Table 3: World 11-Year Perspective for Germanium by Geographic
      Region - Percentage Breakdown of Volume Sales for US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan) Latin America
      and Rest of World Markets for Years 2005, 2010 & 2015
      (includes corresponding Graph/Chart)                                 44

      Table 4: World Recent Past, Current & Future Analysis for
      Germanium in Fiber Optic Systems by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in Kilograms for Years 2007 through 2015
      (includes corresponding Graph/Chart)                                 45

      Table 5: World Historic Review for Germanium in Fiber Optic
      Systems by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in Kilograms for Years 2000 through 2006 (includes
      corresponding Graph/Chart)                                           46

      Table 6: World 11-Year Perspective for Germanium in Fiber
      Optic Systems by Geographic Region - Percentage Breakdown of
      Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan) Latin America and Rest of World Markets for
      Years 2005, 2010 & 2015 (includes corresponding Graph/Chart)         47

      Table 7: World Recent Past, Current & Future Analysis for
      Germanium in Polymerization by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in Kilograms for Years 2007 through 2015
      (includes corresponding Graph/Chart)                                 48

      Table 8: World Historic Review for Germanium in Polymerization
      by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in Kilograms
      for Years 2000 through 2006 (includes corresponding
      Graph/Chart)                                                         49

      Table 9: World 11-Year Perspective for Germanium in
      Polymerization by Geographic Region - Percentage Breakdown of
      Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan) Latin America and Rest of World Markets for
      Years 2005, 2010 & 2015 (includes corresponding Graph/Chart)         50

      Table 10: World Recent Past, Current & Future Analysis for
      Germanium in Infrared Optics by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in Kilograms for Years 2007 through 2015
      (includes corresponding Graph/Chart)                                 51

      Table 11: World Historic Review for Germanium in Infrared
      Optics by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in Kilograms for Years 2000 through 2006 (includes
      corresponding Graph/Chart)                                           52

      Table 12: World 11-Year Perspective for Germanium in Infrared
      Optics by Geographic Region - Percentage Breakdown of Volume
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan) Latin America and Rest of World Markets for Years 2005,
      2010 & 2015 (includes corresponding Graph/Chart)                     53

      Table 13: World Recent Past, Current & Future Analysis for
      Germanium in Electronics/Solar Applications by Geographic
      Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Latin America and Rest of World Markets Independently
      Analyzed with Annual Sales Figures in Kilograms for Years 2007
      through 2015 (includes corresponding Graph/Chart)                    54

      Table 14: World Historic Review for Germanium in
      Electronics/Solar Applications by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in Kilograms for Years 2000 through 2006
      (includes corresponding Graph/Chart)                                 55

      Table 15: World 11-Year Perspective for Germanium in
      Electronics/Solar Applications by Geographic Region -
      Percentage Breakdown of Volume Sales for US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan) Latin America and Rest
      of World Markets for Years 2005, 2010 & 2015 (includes
      corresponding Graph/Chart)                                           56

      Table 16: World Recent Past, Current & Future Analysis for
      Germanium in Other Uses by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in Kilograms for Years 2007 through 2015
      (includes corresponding Graph/Chart)                                 57

      Table 17: World Historic Review for Germanium in Other Uses by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in Kilograms
      for Years 2000 through 2006 (includes corresponding
      Graph/Chart)                                                         58

      Table 18: World 11-Year Perspective for Germanium in Other
      Uses by Geographic Region - Percentage Breakdown of Volume
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan) Latin America and Rest of World Markets for Years 2005,
      2010 & 2015 (includes corresponding Graph/Chart)                     59

  13. THE UNITED STATES                                                    60
      A.Market Analysis                                                    60
        Current & Future Analysis                                          60
        Sources of Germanium in the US                                     60
        National Defense Stockpile                                         60
        Recycling                                                          60
        Historic Statistics                                                61
        Price                                                              61
         Table 19: Germanium Prices in the US (2001-2005): Average
         Price for Zone Refined Metal and Germanium Dioxide in
         US$/Kg (includes corresponding graph/chart)                       61
        Imports                                                            61
         Table 20: US Germanium Market (2003): Percentage Breakdown
         of Imports Volume by Leading Exporters (includes
         corresponding Graph/Chart)                                        62
      B.Market Analytics                                                   62
        Table 21: US Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          62

        Table 22: US Historic Review for Germanium by End-Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         63

        Table 23: US 11-Year Perspective for Germanium by End-Use
        Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             64

  14. CANADA                                                               65
       Market Analysis                                                     65
        Table 24: Canadian Recent Past, Current & Future Analysis
        for Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/
        Solar Applications, and Other Markets Independently Analyzed
        with Annual Sales Figures in Kilograms for Years 2007
        through 2015 (includes corresponding Graph/Chart)                  65

        Table 25: Canadian Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         66

        Table 26: Canadian 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             67

  15. JAPAN                                                                68
      A.Market Analysis                                                    68
        Weakening Economy Pulls Back Germanium Flow                        68
        PET Market in Japan                                                68
        Infrared Optics                                                    68
      B.Market Analytics                                                   69
        Table 27: Japanese Recent Past, Current & Future Analysis
        for Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          69

        Table 28: Japanese Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         70

        Table 29: Japanese 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             71

  16. EUROPE                                                               72
       Market Analysis                                                     72
        Table 30: European Recent Past, Current & Future Analysis
        for Germanium by Geographic Region - Belgium, France,
        Germany, UK, Russia, and Rest of Europe Markets
        Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         72

        Table 31: European Historic Review for Germanium by
        Geographic Region - Belgium, France, Germany, UK, Russia,
        and Rest of Europe Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2000 through
        2006 (includes corresponding Graph/Chart)                          73

        Table 32: European Recent Past, Current & Future Analysis
        for Germanium by End-Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          74

        Table 33: European Historic Review for Germanium by End-Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         75

        Table 34: European 11-Year Perspective for Germanium by
        Geographic Region - Percentage Breakdown of Volume Sales for
        Belgium, France, Germany, UK, Russia, and Rest of Europe
        Markets for Years 2005, 2010 & 2015 (includes corresponding
        Graph/Chart)                                                       76

        Table 35: European 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             77

  16a. FRANCE                                                              78
       Market Analysis                                                     78
        Table 36: French Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          78

        Table 37: French Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         79

        Table 38: French 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             80

  16b. GERMANY                                                             81
       Market Analysis                                                     81
        Table 39: German Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          81

        Table 40: German Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         82

        Table 41: German 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             83

  16c. THE UNITED KINGDOM                                                  84
       Market Analysis                                                     84
        Table 42: UK Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          84

        Table 43: UK Historic Review for Germanium by End-Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 includes corresponding
        Graph/Chart)                                                       85

        Table 44: UK 11-Year Perspective for Germanium by End Use
        Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             86

  16d. RUSSIA                                                              87
      A.Market Analysis                                                    87
        Russia Removes Import Duty on Germanium                            87
      B.Market Analytics                                                   87
        Table 45: Russian Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          87

        Table 46: Russian Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         88

        Table 47: Russian 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             89

  16e. BELGIUM                                                             90
       Market Analysis                                                     90
        Table 48: Belgian Recent Past, Current & Future Analysis for
        Germanium by End Use Segment - Fiber Optic Systems,
        Polymerization Catalysts, Infrared Optics, Electronics/Solar
        Applications, and Other Markets Independently Analyzed with
        Annual Sales Figures in Kilograms for Years 2007 through
        2015 (includes corresponding Graph/Chart)                          90

        Table 49: Belgian Historic Review for Germanium by End Use
        Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         91

        Table 50: Belgian 11-Year Perspective for Germanium by End
        Use Segment - Percentage Breakdown of Volume Sales for Fiber
        Optic Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets for Years
        2005, 2010 & 2015 (includes corresponding Graph/Chart)             92

  16f. REST OF EUROPE                                                      93
       Market Analysis                                                     93
        Table 51: Rest of Europe Recent Past, Current & Future
        Analysis for Germanium by End Use Segment - Fiber Optic
        Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/ Solar Applications, and Other Markets
        Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         93

        Table 52: Rest of Europe Historic Review for Germanium by
        End Use Segment - Fiber Optic Systems, Polymerization
        Catalysts, Infrared Optics, Electronics/Solar Applications,
        and Other Markets Independently Analyzed with Annual Sales
        Figures in Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         94

        Table 53: Rest of Europe 11-Year Perspective for Germanium
        by End Use Segment - Percentage Breakdown of Volume Sales
        for Fiber Optic Systems, Polymerization Catalysts, Infrared
        Optics, Electronics/Solar Applications, and Other Markets
        for Years 2005, 2010 & 2015 (includes corresponding
        Graph/Chart)                                                       95

  17. ASIA-PACIFIC                                                         96
       Market Analysis                                                     96
        Table 54: Asia-Pacific Recent Past, Current & Future
        Analysis for Germanium by End Use Segment - Fiber Optic
        Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets
        Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         96

        Table 55: Asia-Pacific Historic Review for Germanium by End
        Use Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         97

        Table 56: Asia-Pacific 11-Year Perspective for Germanium by
        End Use Segment - Percentage Breakdown of Volume Sales for
        Fiber Optic Systems, Polymerization Catalysts, Infrared
        Optics, Electronics/Solar Applications, and Other Markets
        for Years 2005, 2010 & 2015 (includes corresponding
        Graph/Chart)                                                       98

  18. LATIN AMERICA                                                        99
       Market Analysis                                                     99
        Table 57: Latin America Recent Past, Current & Future
        Analysis for Germanium by End Use Segment - Fiber Optic
        Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/Solar Applications, and Other Markets
        Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         99

        Table 58: Latin America Historic Review for Germanium by End
        Use Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         100

        Table 59: Latin America 11-Year Perspective for Germanium by
        End Use Segment - Percentage Breakdown of Volume Sales for
        Fiber Optic Systems, Polymerization Catalysts, Infrared
        Optics, Electronics/Solar Applications, and Other Markets
        for Years 2005, 2010 & 2015 (includes corresponding
        Graph/Chart)                                                       101

  19. REST OF WORLD                                                        102
       Market Analysis                                                     102
        Table 60: Rest of World Recent Past, Current & Future
        Analysis for Germanium by End Use Segment - Fiber Optic
        Systems, Polymerization Catalysts, Infrared Optics,
        Electronics/ Solar Applications, and Other Markets
        Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2007 through 2015 (includes
        corresponding Graph/Chart)                                         102

        Table 61: Rest of World Historic Review for Germanium by End
        Use Segment - Fiber Optic Systems, Polymerization Catalysts,
        Infrared Optics, Electronics/Solar Applications, and Other
        Markets Independently Analyzed with Annual Sales Figures in
        Kilograms for Years 2000 through 2006 (includes
        corresponding Graph/Chart)                                         103

        Table 62: Rest of World 11-Year Perspective for Germanium by
        End Use Segment - Percentage Breakdown of Volume Sales for
        Fiber Optic Systems, Polymerization Catalysts, Infrared
        Optics, Electronics/Solar Applications, and Other Markets
        for Years 2005, 2010 & 2015 (includes corresponding
        Graph/Chart)                                                       104


 COMPETITION

     Total Companies Profiled: 21 (including Divisions/Subsidiaries - 24)

     ------------------------------------------
     Region/Country                     Players
     ------------------------------------------
     The United States                     10
     Canada                                 1
     Japan                                  1
     Europe                                 9
      France                                2
      Germany                               1
      The United Kingdom                    2
      Spain                                 1
      Rest of Europe                        3
     Asia-Pacific (Excluding Japan)         3
     ------------------------------------------