Bismuth Market Size, Competitors, Trends & Forecast to 2032

Bismuth is experiencing a resurgence in market relevance, with rising adoption across industrial and consumer applications driven by its regulatory advantages and unique technical features. As the competitive landscape evolves, understanding the bismuth market is essential for strategic procurement, compliance, and differentiation.

Market Snapshot

The global bismuth market grew from USD 466.76 million in 2025 to USD 510.57 million in 2026 and is projected to reach USD 823.54 million by 2032, reflecting a CAGR of 8.44%. Market expansion is fueled by emerging specialty uses, regulatory changes that favor low-toxicity alternatives, and rising demand in sectors such as pharmaceuticals, electronics, and cosmetics. This growth is further amplified by evolving end-user requirements, technological substitution trends, and intensified quality compliance across regional markets.

Bismuth Market Scope & Segmentation

Application Areas: Cosmetics as opacifying and pearlescent agents, pharmaceuticals for unique formulations, metallurgical uses including low-melting alloys, and radioisotope production.
Grade Types: Industrial grade for manufacturing, pharmaceutical grade with strict purity requirements, and technical grade for engineering or non-clinical uses.
Product Forms: Granules, pellets, and powder; differentiated by particle size, flow, and performance characteristics. Granules are available as irregular or spherical. Powders are offered from coarse to micronized grades.
End Use Industries: Chemical processing, cosmetic manufacturing, oil and gas well drilling, specialty chemicals, and advanced materials.
Regional Coverage: Americas, Europe, Middle East & Africa, and Asia-Pacific, each with distinct regulatory and supply dynamics.
Supply-Chain and Technology Focus: Traceability systems, advanced refining, specialty downstream processing, and formulary customization are increasingly critical for differentiation.

Key Takeaways

The shift from traditional applications is accelerated by green chemistry preferences and evolving regulatory requirements, increasing demand for bismuth over other heavy metals.
Material substitution trends in cosmetics and pharmaceuticals drive iterative reformulation cycles, heightening quality assurance and documentation needs for compliance.
Greater emphasis on purity and traceability, particularly in pharmaceutical and radioisotope use, is shaping supplier qualification and audit practices across the value chain.
Regional contrasts in demand, regulatory oversight, and local processing capacities require tailored supply strategies and flexible logistics for resilient procurement.
Strategic partnerships and technical problem-solving—such as micronization and granulation expertise—are enabling companies to address new market requirements and enhance product performance.

Bismuth Market Tariff Impact

Recent United States tariff changes introduced in 2025 have redefined procurement strategies, driving suppliers and buyers to adjust sourcing footprints and consider alternatives such as near-shoring processing steps. These measures have increased pressure on cost structures, catalyzed contractual renegotiations, and intensified supplier qualification efforts. The tariffs are also prompting advocacy for relief, especially for high-purity bismuth destined for sensitive applications, and underline the need for diversified logistics and multi-sourcing to maintain resilience.

Methodology & Data Sources

This report synthesizes insights from primary stakeholder interviews, technical specification reviews, and regulatory analysis. Structured interviews with formulators, processors, and procurement professionals provided qualitative data, while technical literature and regulatory documents ensured precise alignment with current industry standards. Specification samples were analyzed to map impurity profiles and form-factor preferences, and scenarios reflect observed market responses.

Bismuth Market: Why This Report Matters

Delivers actionable strategies for supply-chain resilience in the face of changing regulatory and tariff environments.
Supports accelerated compliance and reduced approval timelines with detailed analysis of quality, documentation, and supplier qualification protocols.
Enables senior leaders to identify and capitalize on opportunities for value capture and technical differentiation across volatile, competitive markets.

Conclusion

Treating bismuth as a differentiated specialty material is essential to secure compliance, ensure supply continuity, and drive commercial advantage. Strategic investment in quality, sourcing diversity, and technical specialization will position organizations to succeed in this evolving sector.

1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Bismuth Market, by Grade

8.1. Industrial Grade
8.2. Pharmaceutical Grade
8.3. Technical Grade

9. Bismuth Market, by Form

9.1. Granules
9.1.1. Irregular Granules
9.1.2. Spherical Granules
9.2. Pellets
9.3. Powder
9.3.1. Coarse Powder
9.3.2. Micronized Powder

10. Bismuth Market, by Application

10.1. Cosmetics
10.2. Metallurgical
10.3. Pharmaceuticals
10.4. Radioisotopes

11. Bismuth Market, by End Use Industry

11.1. Chemical Processing
11.2. Cosmetic Manufacturing
11.2.1. Makeup
11.2.2. Skin Care
11.3. Oil & Gas Well Drilling

12. Bismuth Market, by Region

12.1. Americas
12.1.1. North America
12.1.2. Latin America
12.2. Europe, Middle East & Africa
12.2.1. Europe
12.2.2. Middle East
12.2.3. Africa
12.3. Asia-Pacific

13. Bismuth Market, by Group

13.1. ASEAN
13.2. GCC
13.3. European Union
13.4. BRICS
13.5. G7
13.6. NATO

14. Bismuth Market, by Country

14.1. United States
14.2. Canada
14.3. Mexico
14.4. Brazil
14.5. United Kingdom
14.6. Germany
14.7. France
14.8. Russia
14.9. Italy
14.10. Spain
14.11. China
14.12. India
14.13. Japan
14.14. Australia
14.15. South Korea

15. United States Bismuth Market
16. China Bismuth Market

17. Competitive Landscape

17.1. Market Concentration Analysis, 2025
17.1.1. Concentration Ratio (CR)
17.1.2. Herfindahl Hirschman Index (HHI)
17.2. Recent Developments & Impact Analysis, 2025
17.3. Product Portfolio Analysis, 2025
17.4. Benchmarking Analysis, 2025
17.5. 5N Plus
17.6. BASF SE
17.7. Carter Alloys Co.
17.8. Fortune Minerals Limited
17.9. Hunan Province Guiyang Yinxing nonferrous smelting Co., Ltd.
17.10. Industrias Peñoles
17.11. JINWANG EUROPE S.A.S.U.
17.12. Kurt J. Lesker Company
17.13. Merck KGaA
17.14. Metallica Enterprise
17.15. Noah Chemicals
17.16. Nui Phao Mining Company Limited
17.17. OCB Pharmaceutical
17.18. Omkar Speciality Chemicals Ltd.
17.19. Otto Chemie Pvt. Ltd.
17.20. Shenzhen Chinary Co., Ltd.
17.21. Suvchem
17.22. The Metal Powder Company Limited
17.23. The Shepherd Chemical Company
17.24. Todini Metals And Chemicals India Private Limited
17.25. Western Minmetals (SC) Corporation
17.26. Xianyang jump hua bismuth industry Co., LTD
17.27. Zama chemical
17.28. Zegen Metals&Chemicals Limited
17.29. Zhuzhou Keneng New Material Co., Ltd.

List of Figures

FIGURE 1. GLOBAL BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL BISMUTH MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL BISMUTH MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL BISMUTH MARKET SIZE, BY GRADE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL BISMUTH MARKET SIZE, BY FORM, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL BISMUTH MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL BISMUTH MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL BISMUTH MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL BISMUTH MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. UNITED STATES BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 12. CHINA BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL BISMUTH MARKET SIZE, BY INDUSTRIAL GRADE, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL BISMUTH MARKET SIZE, BY INDUSTRIAL GRADE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL BISMUTH MARKET SIZE, BY INDUSTRIAL GRADE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICAL GRADE, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICAL GRADE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICAL GRADE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL BISMUTH MARKET SIZE, BY TECHNICAL GRADE, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL BISMUTH MARKET SIZE, BY TECHNICAL GRADE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL BISMUTH MARKET SIZE, BY TECHNICAL GRADE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL BISMUTH MARKET SIZE, BY GRANULES, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL BISMUTH MARKET SIZE, BY GRANULES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL BISMUTH MARKET SIZE, BY GRANULES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL BISMUTH MARKET SIZE, BY IRREGULAR GRANULES, BY REGION, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL BISMUTH MARKET SIZE, BY IRREGULAR GRANULES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL BISMUTH MARKET SIZE, BY IRREGULAR GRANULES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL BISMUTH MARKET SIZE, BY SPHERICAL GRANULES, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL BISMUTH MARKET SIZE, BY SPHERICAL GRANULES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL BISMUTH MARKET SIZE, BY SPHERICAL GRANULES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL BISMUTH MARKET SIZE, BY PELLETS, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL BISMUTH MARKET SIZE, BY PELLETS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL BISMUTH MARKET SIZE, BY PELLETS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL BISMUTH MARKET SIZE, BY POWDER, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL BISMUTH MARKET SIZE, BY POWDER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL BISMUTH MARKET SIZE, BY POWDER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL BISMUTH MARKET SIZE, BY COARSE POWDER, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL BISMUTH MARKET SIZE, BY COARSE POWDER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL BISMUTH MARKET SIZE, BY COARSE POWDER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL BISMUTH MARKET SIZE, BY MICRONIZED POWDER, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL BISMUTH MARKET SIZE, BY MICRONIZED POWDER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL BISMUTH MARKET SIZE, BY MICRONIZED POWDER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL BISMUTH MARKET SIZE, BY COSMETICS, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL BISMUTH MARKET SIZE, BY COSMETICS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL BISMUTH MARKET SIZE, BY COSMETICS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL BISMUTH MARKET SIZE, BY METALLURGICAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL BISMUTH MARKET SIZE, BY METALLURGICAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL BISMUTH MARKET SIZE, BY METALLURGICAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICALS, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICALS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL BISMUTH MARKET SIZE, BY PHARMACEUTICALS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL BISMUTH MARKET SIZE, BY RADIOISOTOPES, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL BISMUTH MARKET SIZE, BY RADIOISOTOPES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL BISMUTH MARKET SIZE, BY RADIOISOTOPES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL BISMUTH MARKET SIZE, BY CHEMICAL PROCESSING, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL BISMUTH MARKET SIZE, BY CHEMICAL PROCESSING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL BISMUTH MARKET SIZE, BY CHEMICAL PROCESSING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL BISMUTH MARKET SIZE, BY MAKEUP, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL BISMUTH MARKET SIZE, BY MAKEUP, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL BISMUTH MARKET SIZE, BY MAKEUP, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL BISMUTH MARKET SIZE, BY SKIN CARE, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL BISMUTH MARKET SIZE, BY SKIN CARE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL BISMUTH MARKET SIZE, BY SKIN CARE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL BISMUTH MARKET SIZE, BY OIL & GAS WELL DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL BISMUTH MARKET SIZE, BY OIL & GAS WELL DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL BISMUTH MARKET SIZE, BY OIL & GAS WELL DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL BISMUTH MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 67. AMERICAS BISMUTH MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 68. AMERICAS BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 69. AMERICAS BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 70. AMERICAS BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 71. AMERICAS BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 72. AMERICAS BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 73. AMERICAS BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 74. AMERICAS BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 75. NORTH AMERICA BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. NORTH AMERICA BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 77. NORTH AMERICA BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 78. NORTH AMERICA BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 79. NORTH AMERICA BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 80. NORTH AMERICA BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 81. NORTH AMERICA BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 82. NORTH AMERICA BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 83. LATIN AMERICA BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 84. LATIN AMERICA BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 85. LATIN AMERICA BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 86. LATIN AMERICA BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 87. LATIN AMERICA BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 88. LATIN AMERICA BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 89. LATIN AMERICA BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 90. LATIN AMERICA BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 91. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 92. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 93. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 94. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 95. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 96. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 97. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 98. EUROPE, MIDDLE EAST & AFRICA BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 99. EUROPE BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 100. EUROPE BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 101. EUROPE BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 102. EUROPE BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 103. EUROPE BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 104. EUROPE BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 105. EUROPE BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 106. EUROPE BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 107. MIDDLE EAST BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 108. MIDDLE EAST BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 109. MIDDLE EAST BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 110. MIDDLE EAST BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 111. MIDDLE EAST BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 112. MIDDLE EAST BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 113. MIDDLE EAST BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 114. MIDDLE EAST BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 115. AFRICA BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 116. AFRICA BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 117. AFRICA BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 118. AFRICA BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 119. AFRICA BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 120. AFRICA BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 121. AFRICA BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 122. AFRICA BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 123. ASIA-PACIFIC BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 124. ASIA-PACIFIC BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 125. ASIA-PACIFIC BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 126. ASIA-PACIFIC BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 127. ASIA-PACIFIC BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 128. ASIA-PACIFIC BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 129. ASIA-PACIFIC BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 130. ASIA-PACIFIC BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 131. GLOBAL BISMUTH MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 132. ASEAN BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. ASEAN BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 134. ASEAN BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 135. ASEAN BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 136. ASEAN BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 137. ASEAN BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 138. ASEAN BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 139. ASEAN BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 140. GCC BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 141. GCC BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 142. GCC BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 143. GCC BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 144. GCC BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 145. GCC BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 146. GCC BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 147. GCC BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 148. EUROPEAN UNION BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 149. EUROPEAN UNION BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 150. EUROPEAN UNION BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 151. EUROPEAN UNION BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 152. EUROPEAN UNION BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 153. EUROPEAN UNION BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 154. EUROPEAN UNION BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 155. EUROPEAN UNION BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 156. BRICS BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 157. BRICS BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 158. BRICS BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 159. BRICS BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 160. BRICS BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 161. BRICS BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 162. BRICS BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 163. BRICS BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 164. G7 BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 165. G7 BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 166. G7 BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 167. G7 BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 168. G7 BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 169. G7 BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 170. G7 BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 171. G7 BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 172. NATO BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 173. NATO BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 174. NATO BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 175. NATO BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 176. NATO BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 177. NATO BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 178. NATO BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 179. NATO BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 180. GLOBAL BISMUTH MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 181. UNITED STATES BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 182. UNITED STATES BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 183. UNITED STATES BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 184. UNITED STATES BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 185. UNITED STATES BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 186. UNITED STATES BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 187. UNITED STATES BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 188. UNITED STATES BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)
TABLE 189. CHINA BISMUTH MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 190. CHINA BISMUTH MARKET SIZE, BY GRADE, 2018-2032 (USD MILLION)
TABLE 191. CHINA BISMUTH MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 192. CHINA BISMUTH MARKET SIZE, BY GRANULES, 2018-2032 (USD MILLION)
TABLE 193. CHINA BISMUTH MARKET SIZE, BY POWDER, 2018-2032 (USD MILLION)
TABLE 194. CHINA BISMUTH MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 195. CHINA BISMUTH MARKET SIZE, BY END USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 196. CHINA BISMUTH MARKET SIZE, BY COSMETIC MANUFACTURING, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Bismuth market report include:

5N Plus
BASF SE
Carter Alloys Co.
Fortune Minerals Limited
Hunan Province Guiyang Yinxing nonferrous smelting Co., Ltd.
Industrias Peñoles
JINWANG EUROPE S.A.S.U.
Kurt J. Lesker Company
Merck KGaA
Metallica Enterprise
Noah Chemicals
Nui Phao Mining Company Limited
OCB Pharmaceutical
Omkar Speciality Chemicals Ltd.
Otto Chemie Pvt. Ltd.
Shenzhen Chinary Co., Ltd.
Suvchem
The Metal Powder Company Limited
The Shepherd Chemical Company
Todini Metals And Chemicals India Private Limited
Western Minmetals (SC) Corporation
Xianyang jump hua bismuth industry Co., LTD
Zama chemical
Zegen Metals&Chemicals Limited
Zhuzhou Keneng New Material Co., Ltd.

Table Information

Report Attribute	Details
No. of Pages	181
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 510.57 Million
Forecasted Market Value ( USD ) by 2032	$ 823.54 Million
Compound Annual Growth Rate	8.4%
Regions Covered	Global
No. of Companies Mentioned	26

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3458EUR$3,939USD£2,992GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3730EUR$4,249USD£3,227GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5056EUR$5,759USD£4,374GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6118EUR$6,969USD£5,293GBP

Bismuth Market - Global Forecast 2026-2032

Market Snapshot

Bismuth Market Scope & Segmentation

Key Takeaways

Bismuth Market Tariff Impact

Methodology & Data Sources

Bismuth Market: Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Market Snapshot

Bismuth Market Scope & Segmentation

Key Takeaways

Bismuth Market Tariff Impact

Methodology & Data Sources

Bismuth Market: Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Lead Bismuth Alloy Market - Global Forecast 2026-2032

Bismuth Tin Alloy Market - Global Forecast 2025-2030

Bismuth Market Outlook 2026-2034: Market Share, and Growth Analysis

Bismuth Granular Market Report: Trends, Forecast and Competitive Analysis to 2031

Bismuth-Based High-Temperature Superconductor Market Outlook 2025-2034: Market Share, and Growth Analysis By Application (Electric Power, Transportation, Medical Imaging, Electronics), By Product Type, By End User, By Technology

About the Bismuth Market