Quick Summary:
As the global business scene evolves rapidly, the need to comprehend the dynamics of the global antimony market stands crucial to strategic decision-making. Serving this need, an exhaustive market research report comprehensively analyzes and forecasts the market trends that drive antimony's applications, highlighting its key role in enabling industries to operate with increased efficacy.
Antimony, available in both metallic and non-metallic forms, is a steady player in the sector, as it is used extensively in the manufacturing of semiconductor devices, batteries, formidable flame-proofing materials, and ceramic enamels. A vital trend observed in the market is the rising demand for antimony trioxide (ATO) utilization in flame retardants and plastic additives. Moreover, the ubiquitous deployment of antimony in consumer electronics, coupled with the escalating application of antimony-based fiberglass composites, is set to positively affect the market. The detailed report discusses these factors, as well as the effects of rapid industrialization and increased demand for antimony-processed polyethylene terephthalate (PET) packaging on forthcoming developments in the market.
The in-depth report segments the antimony market based on product type, application, and end-use industry at a global, regional, and country level. It further illuminates the landscape of key market players and their role in shaping the future advancement of the industry. Accessing this report is more than acquiring a holistic picture of the antimony market; it leverages your strategic positioning in this evolving market environment.
Antimony refers to a lustrous grey chemical element that exists in both metallic and non-metallic forms. The metallic form is hard, brittle and bright silvery-bluish in color, whereas the non-metallic form is available in the form of greyish powder. It is extracted from ores, such as stibnite and valentinite, and is considered to be a stable element in dry air and static to alkalis and acids. Antimony is also a poor conductor of heat and electricity, owing to which it is commonly used in the manufacturing of semiconductor devices, including infrared detectors and diodes, batteries, low friction metals, flame-proofing materials, ceramic enamels and paints.
The global market for antimony is being primarily driven by the increasing demand for antimony trioxide (ATO) for manufacturing flame retardants and plastic additives. ATO is an inorganic element that is widely used with halogenated compounds to create a synergistic effect with flame retardant properties. Rising product adoption for the production of lead-acid batteries, solders, pipes, castings and bearings for transistors, which form a crucial part of various consumer electronics, such as computers, calculators, portable stereos and gaming devices, is also providing a boost to the market growth. Additionally, the rising demand for antimony-based fiberglass composites with chemical and heat-resistant properties is also creating a positive impact on the market growth. Other factors, including rapid industrialization and increasing demand for polyethylene terephthalate (PET) packaging that is manufactured using antimony as a key ingredient, are projected to drive the market in the upcoming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global antimony market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product type, application and end-use industry.Breakup by Product Type:
- Antimony Trioxide
- Antimony Pentoxide
- Alloys
- Metal Ingots
- Others
Breakup by Application:
- Flame Retardants
- Lead-Acid Batteries
- Plastic Additives
- Stabilizers
- Catalysts
- Glass and Ceramics
- Others
Breakup by End-Use Industry:
- Chemical
- Automotive
- Electrical and Electronics
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being AMG Advanced Metallurgical Group, BASF SE, Campine, Huachang Antimony Industry, Hunan Chenzhou Mining Group Co. Ltd., Korea Zinc Co. Ltd, Lambert Metals International, Mandalay Resources Ltd, Nihon Seiko Co., Ltd., NYACOL Nano Technologies, Inc., Recylex, Suzuhiro Chemical, Tri-Star Resources, United States Antimony, Village Main Reef Ltd., Yunnan Muli Antimony Industry Co. Ltd., etc.Key Questions Answered in This Report
1. What was the size of the global antimony market in 2022?2. What is the expected growth rate of the global antimony market during 2023-2028?
3. What are the key factors driving the global antimony market?
4. What has been the impact of COVID-19 on the global antimony market?
5. What is the breakup of the global antimony market based on the product type?
6. What is the breakup of the global antimony market based on the application?
7. What are the key regions in the global antimony market?
8. Who are the key players/companies in the global antimony market?
What is the estimated value of the Global Antimony Market?
What is the growth rate of the Global Antimony Market?
What is the forecasted size of the Global Antimony Market?
Who are the key companies in the Global Antimony Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 2 Billion |
| Forecasted Market Value ( USD | $ 3 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
Companies Mentioned
- AMG Advanced Metallurgical Group
- BASF SE
- Campine
- Huachang Antimony Industry
- Hunan Chenzhou Mining Group Co. Ltd.
- Korea Zinc Co. Ltd
- Lambert Metals International
- Mandalay Resources Ltd
- Nihon Seiko Co. Ltd.
- NYACOL Nano Technolog
Methodology
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