Global Antimony Market – Industry Analysis And Forecast (2018-2026)

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Global Antimony Market was value US$ 1.7Bn in 2017 and is expected to reach US$ 3.2Bn by 2026 at a CAGR of 8.2%.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global antimony market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global antimony market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Antimony ...
... is a chemical element and occurs in both metallic and non-metallic forms. In the form of metallic are bright silver and brittle material. In the form of Non-metallic antimony is in grey powder. Antimony is available freely in nature and also can be extracted from ores, for instance, valentinite and stibnite. Elemental antimony is available in the relatively small amount owing to the high reactivity of antimony with sulphur, lead, silver and copper. Stibnite is the generally used ore for extracting antimony, ores of antimony are crushed and then antimony is hand sorted from the crushed ore. As a result of large reserves and cheap and abundant labour available in China, China dominates global antimony production.

Rise in demand for flame retardants with regards to consumer electronics, household products, toys, clothing, increasing demand for gadgets like tablets, smart watches, smartphones, calculators, etc. are the major driving factors of antimony market. Moreover, growing demand for safety policies and growing use for plastic additive application is encouraging the market growth. Therefore, fibreglass composites are also fuelling the market growth since they possess high strength property. However, overexposure of antimony is anticipated to affect human health adversely and the environment, which will ultimately hamper the market growth.

Trioxides segment is dominating the global antimony market. Nearby 70% of the antimony produced is consumed in the form of antimony trioxide (ATO), worldwide. Antimony trioxide is used in flame retardant, plastic additives, glass & ceramics, and pigment applications. Owing to its wide-range applications, the antimony trioxide segment is expected to lead the antimony market during the forecast period.

The chemical industry is leading the global antimony market. The chemical industry is the major consumer of the antimony market. The Antimony is used in the chemical industry as a flame synergist, catalyst, and stabilizer. Antimony trioxide/triacetate form is used as a polycondensation catalyst in the late-stage polymerization of PET production.

Region-wise, the Asia-Pacific accounted for the majority of the market share in 2017 because of the high demand for antimony in major industries such as transportation, electronics, food & beverage, chemicals, and cosmetics in the region. China is the main exporter of antimony. Antimony shipments from China are sometimes delayed due to stringent scrutiny on exports through the border with Vietnam. The geopolitical condition along the borders of China and Vietnam often leads to the shutdown of antimony exports on the Vietnam-China border.

Scope of Global Antimony Market

Global Antimony Market, by Product

• Trioxides

• Alloys

Global Antimony Market, by Application

• Flame Retardants

• Plastic Additives

• Lead-Acid Batteries

• Glass & Ceramics

Global Antimony Market, by End-use industry

• Chemical

• Automotive

• Electrical & Electronics

Global Antimony Market, by Region

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Key players operating in Global Antimony Market

• AMG Advanced Metallurgical Group

• Mandalay Resources Ltd

• United States Antimony Corporation

• Korea Zinc

• Recyclex

• Nihon Seiko Co., Ltd.

• Umicore

• Hunan Chenzhou Mining Group Co., Ltd

• Huachang Antimony Industry

• Geopromining, Ltd.

• Consolidated Murchison Mine

• Belmont Metals

• American Elements

• Tri-Star Resources PLC

• Amspec Chemical Corporation

• Lanxess

• Hsikwangshan Twinkling Star Co. Ltd.

• Hubei Yongcheng Antimony Industry Co. Ltd.

• Cambrian Mining PLC

• Yunnan Muli Antimony Industry Co., Ltd

• Suzuhiro Chemical Co., Ltd.

• Nyacol Nano Technologies, Inc.

• Lambert Metals International Limited

• Campine

• Atomized Products Group, Inc.

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