Growing Demand for Flame Retardant Products
The increasing demand for antimony trioxide in the production of flame retardants, to manufacture household goods, including consumer electronics, clothing, and toys in developed countries, has propelled the growth of the market. Handheld devices, such as, mobile phones, tablets, calculators, smart watches, among others, are the major products dominating the flame retardant market. The sales of smartphone, globally, is increasing, which is expected to boost the demand for flame retardants, in turn, driving the antimony market.
Wide Application in the Fiberglass Composites market
Antimony is used as an additive in the fiberglass composites application. Composites are being increasingly used as a replacement to all conventional materials in many applications, such as, aerospace, automobiles, construction, electrical & electronics, because of their high strength, low cost, easy-processing ability, and availability in various forms and shapes with good aesthetics. Due to the high strength of fiberglass composites, they are also used in many structural applications in the automotive and aerospace industries. Therefore, growth in this market will lead to increase in the global antimony market.
Government Regulation in China Detain Illegal Production
China is the largest consumer and producer of antimony, holding the highest number of antinomy reserves. With highly available reserves and restricted government policies, the demand in the Chinese market has witnessed a gradual increase. The Chinese government has maintained a tight hold on illegal mining, due to which, the production in the country will be regulated. The government is setting up a tracing system to gather information regarding invoice and other export data, to restrict illegal production. This will reduce the illegal selling, boosting the revenue of the market.
Notable Developments in the Market
February 2018: MG announces a long-term spent catalyst recycling agreement and recycling capacity expansion.
July 2017: Synthomer plc, a UK-based chemicals company, announced that it would expand the NitrileLatex manufacturing capacity, at the Pasir Gudang plant, Malaysia.
Major Players: Hunan Zhongnan Antimony & Tungsten Trading Co. Ltd, Mandalay resources corporation, Yunnan Muli Antimony Industry Co. Ltd, Guangdong Minmetals Imp. & Exp. Group, and BASF, amongst others.
Reasons to Purchase this Report
- To understand the impact of end-user applications on the market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Countries expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in excel)
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1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Global Supply and Demand Analysis
4.1 Major Current and Planned Projects
4.2 Trade Analysis
4.3 Price Analysis
4.4 Production Analysis by Country
4.4.7 United States
4.4.8 South Africa
5. Market Dynamics
5.1.1 Increasing Demand for Flame Retardant Products
5.1.2 Rising Demand in Electronics Assembling Activities
5.1.3 Increasing Applications in the Cosmetic and Pharmaceuticals Industries
5.2.1 Restriction on Trade Practices in China
5.2.2 Availabilty of Inexpensive Substitutes
5.3.1 Increasing Government Regulations on Illegal Mining in China
5.3.2 Metal Recovery through Recycling
6. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
6.1 By Product Type
6.1.1 Metal Ingot
6.1.2 Antimony trioxide
6.1.3 Antimony pentoxide
6.2 By Application
6.2.1 Flame retardant synergist
6.2.2 Incorporation in Microelectronic devices
6.2.3 Catalyst in PET production
6.2.4 Uses as special type of semiconductor
6.2.5 Alloys strengthening agent
6.2.6 Lead acid batteries
6.2.7 Fiberglass composites
6.3 By End-user Industry
7. Regional Market Analysis (Market Size, Growth, and Forecast)
7.1.5 South Korea
7.1.6 Australia & New Zealand
7.1.7 Rest of Asia-Pacific
7.2 North America
7.2.1 United States
7.2.4 Rest of North America
7.3.2 United Kingdom
7.3.6 Rest of Europe
7.4 South America
7.4.4 Rest of South America
7.5 Middle East and Africa
7.5.1 Saudi Arabia
7.5.2 South Africa
7.5.3 Rest of Middle East and Africa
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Amspec Chemical Corporation
9.2 Artemis Resources Limited
9.3 BASF SE
9.5 Guangdong Metals & Minerals Import & Export (Group Corporation)
9.6 Huachang Antimony Industry
9.7 Hunan ChenZhou Mining Group Co. Ltd
9.8 Korea Zinc Co. Ltd
9.9 Lambert Metals International Limited
9.10 Mandalay Resources Corporation
9.11 NYACOL Nano Technologies, Inc.
9.12 Nihon Seiko Co, Ltd
9.14 SUZUHIRO CHEMICAL CO., Ltd
9.15 Tri-Star Resources Plc.
9.16 United States Antimony Corporation
9.17 Village Main Reef
9.18 Yunnan Muli Antimony Industry Co., Ltd
**Subject to availability on public domain
- Amspec Chemical Corporation
- Artemis Resources Limited
- BASF SE
- Guangdong Metals & Minerals Import & Export (Group Corporation
- Huachang Antimony Industry
- Hunan ChenZhou Mining Group Co. Ltd.
- Korea Zinc Co. Ltd.
- Lambert Metals International Limited
- Mandalay Resources Corporation
- NYACOL Nano Technologies Inc.
- Nihon Seiko Co Ltd.
- SUZUHIRO CHEMICAL CO. Ltd.
- Tri-Star Resources Plc.
- United States Antimony Corporation
- Village Main Reef
- Yunnan Muli Antimony Industry Co. Ltd.