Global Antimony Market Size study, By Product Type (Trioxides, Alloys, Others), By Application (Flame retardant, Plastic additives, Lead acid batteries, Glass & ceramics, Others), By End-Use Industry (Chemical, Automotive, Electrical & electronics, Others

Global Antimony Market Size study, By Product Type (Trioxides, Alloys, Others), By Application (Flame retardant, Plastic additives, Lead acid batteries, Glass & ceramics, Others), By End-Use Industry (Chemical, Automotive, Electrical & electronics, Others), and Regional Forecasts 2022-2028

Global Antimony Market is valued at approximately USD 1.95 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.0% over the forecast period 2022-2028. Antimony is a shiny grey chemical element that is usually found in both metallic and non-metallic types. The metallic form is firm, brittle, and alluring silvery-bluish in color, whereas the non-metallic type is found in a grey powder form. Antimony is a stable element in dry air and is inert to acids and alkalis. It is widely used with lead to boost the strength level of lead in applications like ammunitions as well as it is also gaining huge traction in lead-acid batteries. The execution of the stringent fire regulations, growing adoption of the plastic addictive application, as well as rising demand for electric vehicle and flame retardants across various end-user industries are surging the market demand around the world. For instance, in April 2017, LANXESS- a specialty chemicals company acquired Chemtura- a US-based company with the aim of boosting the production of flame retardant materials and meeting the growing demand by their consumers. Therefore, an increasing number of strategic moves such as mergers & acquisitions, product development, etc. by the leading companies are further stimulating the market demand. However, high prices of Antimony and environmental and health concerns impede the growth of the market over the forecast period of 2022-2028. Also, exploration of newly discovered Antimony reserves is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Antimony Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the availability of cheap labor, as well as the existence of large reserves. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing GDP rate, growth of the electronic industry, coupled with the rising presence of leading companies would create lucrative growth prospects for the Antimony Market across the Asia-Pacific region.

Major market players included in this report are:
Korea Zinc
AMG Advanced Metallurgical Group
Mandalay Resources Ltd.
United States Antimony Corporation (USAC)
Recyclex
American Elements
Belmont Metals
Hunan Chenzhou Mining Group Co. Ltd.
Nihon Seiko Co. Ltd.
Consolidated Murchison Mine

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Trioxides
Alloys
Others
By Application
Flame retardant
Plastic additives
Lead acid batteries
Glass & ceramics
Others
By End Use Industry
Chemical
Automotive
Electrical & electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Antimony Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Korea Zinc
AMG Advanced Metallurgical Group
Mandalay Resources Ltd.
United States Antimony Corporation (USAC)
Recyclex
American Elements
Belmont Metals
Hunan Chenzhou Mining Group Co. Ltd.
Nihon Seiko Co. Ltd.
Consolidated Murchison Mine

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