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The global antimony market reached a value of US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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:
IMARC Group provides an analysis of the key trends in each sub-segment of the global antimony market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application and end-use industry.
Breakup by Product Type:
Breakup by Application:
Breakup by End-Use Industry:
Breakup by Region:
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.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Application,End-Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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. and Yunnan Muli Antimony Industry Co. Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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