Global Antimony Market, By Product Type (Trioxides, Alloys and Others), Application (Flame Retardants, Lead-Acid Batteries, Plastic Additives, Glass and Ceramics and Others), End-User (Chemical, Automotive, Electrical and Electronics and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Antimony Market
Data Bridge Market Research analyses that the antimony market will project a CAGR of 6.7% for the forecast period of 2022-2029 and is expected to reach the USD 3,698.23 million by 2029.
Antimony is a shiny grey chemical element that can be found in metallic and non-metallic forms. The metallic form is hard, brittle, and dazzling silvery-bluish in color, whereas the non-metallic version comes in a grey powder form. It's made from ores like stibnite and valentinite, and it's a stable element in dry air that's also resistant to alkalis and acids. Because antimony is a poor conductor of heat and electricity, it is widely employed in semiconductor devices such as infrared detectors and diodes, low friction metals, batteries, ceramic enamels, flame-proofing materials, and paints.
The antimony market is primarily driven by rising demand for antimony trioxide (ATO), which is used to make flame retardants and plastic additives. Since antimony is employed in fire safety, the most important driving reason for the growth of the antimony market is the increasing fire safety laws in commercial and private areas. Increasing product adoption for the manufacture of lead-acid batteries, castings, pipes, solders and bearings for transistors is also boosting market growth. In addition, the increased demand for antimony-based fibreglass composites with chemical and heat-resistant qualities is helping to drive market expansion.
Moreover, increased industrialization and rising demand for polyethylene terephthalate (PET) packaging made with antimony as a significant element will also create the beneficial opportunities for the market growth.
However, high cost associated with antimony will create hindrances for the market growth rate. Overcoming geo-political tensions will challenge the market growth rate.
This antimony market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on antimony market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Antimony Market Scope and Market Size
The antimony market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Antimony market on the basis of product type is segmented into trioxides, alloys and others.
- Based on application, antimony market is segmented into flame retardants, lead-acid batteries, plastic additives, glass and ceramics and others.
- On the basis of end-user, antimony market is segmented into chemical, automotive, electrical and electronics and others.
Antimony Market Country Level Analysis
The antimony market is analysed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the antimony market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is the fastest growing region of antimony market during the forecast period of 2022-2029 due to the growing industrialization and presence of large reserves in this region.
The country section of the antimony market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Antimony Market Share Analysis
The antimony market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antimony market.
Some of the major players operating in the antimony market are AMG, Mandalay Resources, US Antimony, GeoProMining, Ltd., United States Antimony Corporation, Korea Zinc, Nihon Seiko Co. Ltd., Umicore, Hunan Chenzhou Mining Group Co. Ltd., Huachang Antimony Industry, Belmont Metals, American Elements, Tri-Star Resources PLC, Amspec Chemical Corporation, Lanxess, Cambrian Mining Ltd., Yunan Muli Antimony Industry Co. Ltd., Suzuhiro Chemical Co. Ltd., Nyacol Nano Technologies Inc., Campine, Automized Products Group Inc., BASF SE, among others.
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