Global Bismuth Market 2024-2028

Global Bismuth Market 2024-2028


The bismuth market is forecasted to grow by USD 114.13 mn during 2023-2028, accelerating at a CAGR of 4.91% during the forecast period. The report on the bismuth market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising need for thermoelectric materials, increasing demand for lead-free alternatives, and growing exploration of new bismuth deposits.

Technavio's bismuth market is segmented as below:

By Application
  • Pharmaceuticals
  • Cosmetics and pigments
  • Electronics
  • Automotive
  • Others
By Derivative Type
  • Oxide
  • Metals
  • Bismuth subsalicylate
  • Bismuth oxychloride
  • Others
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the innovations in metallurgical processes as one of the prime reasons driving the bismuth market growth during the next few years. Also, bismuth traceability solutions gaining traction and innovations in recycling technologies of bismuth will lead to sizable demand in the market.

The report on the bismuth market covers the following areas:
  • Bismuth market sizing
  • Bismuth market forecast
  • Bismuth market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bismuth market vendors that include 5N Plus, BASF SE, Endo International Plc, Fortune Minerals Ltd, JINWANG Europe S.A.S, Masan Group, Merck KGaA, Nanorh, Omkar Speciality Chemicals Ltd., SHEPHERD CHEMICALS, Viavi Solutions Inc., Western Minmetals SC Corp., Xianyang jump hua bismuth industry Co. LTD, and Kurt J Lesker Co.. Also, the bismuth market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Derivative Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global bismuth market 2018 - 2022
      • Table Historic Market Size – Data Table on global bismuth market 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Derivative Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Derivative Type Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Pharmaceuticals - Market size and forecast 2023-2028
      • Table Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
    • Cosmetics and pigments - Market size and forecast 2023-2028
      • Table Chart on Cosmetics and pigments - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cosmetics and pigments - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cosmetics and pigments - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cosmetics and pigments - Year-over-year growth 2023-2028 (%)
    • Electronics - Market size and forecast 2023-2028
      • Table Chart on Electronics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Electronics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Electronics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Electronics - Year-over-year growth 2023-2028 (%)
    • Automotive - Market size and forecast 2023-2028
      • Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Derivative Type
    • Market segments
      • Table Chart on Derivative Type - Market share 2023-2028 (%)
      • Table Data Table on Derivative Type - Market share 2023-2028 (%)
    • Comparison by Derivative Type
      • Table Chart on Comparison by Derivative Type
      • Table Data Table on Comparison by Derivative Type
    • Oxide - Market size and forecast 2023-2028
      • Table Chart on Oxide - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Oxide - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Oxide - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Oxide - Year-over-year growth 2023-2028 (%)
    • Metals - Market size and forecast 2023-2028
      • Table Chart on Metals - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Metals - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Metals - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Metals - Year-over-year growth 2023-2028 (%)
    • Bismuth subsalicylate - Market size and forecast 2023- 2028
      • Table Chart on Bismuth subsalicylate - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Bismuth subsalicylate - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Bismuth subsalicylate - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Bismuth subsalicylate - Year-over-year growth 2023-2028 (%)
    • Bismuth oxychloride - Market size and forecast 2023- 2028
      • Table Chart on Bismuth oxychloride - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Bismuth oxychloride - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Bismuth oxychloride - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Bismuth oxychloride - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Derivative Type
      • Table Market opportunity by Derivative Type ($ million)
      • Table Data Table on Market opportunity by Derivative Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • South Korea - Market size and forecast 2023-2028
      • Table Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising need for thermoelectric materials
      • Increasing demand for lead-free alternatives
    • Market challenges
      • Limited availability of bismuth reserves
      • Volatility in prices of bismuth
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Innovations in metallurgical processes
      • Bismuth traceability solutions gaining traction
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • 5N Plus
      • Table 5N Plus - Overview
      • Table 5N Plus - Business segments
      • Table 5N Plus - Key offerings
      • Table 5N Plus - Segment focus
    • BASF SE
      • Table BASF SE - Overview
      • Table BASF SE - Business segments
      • Table BASF SE - Key news
      • Table BASF SE - Key offerings
      • Table BASF SE - Segment focus
    • Endo International Plc
      • Table Endo International Plc - Overview
      • Table Endo International Plc - Business segments
      • Table Endo International Plc - Key news
      • Table Endo International Plc - Key offerings
      • Table Endo International Plc - Segment focus
    • Fortune Minerals Ltd
      • Table Fortune Minerals Ltd - Overview
      • Table Fortune Minerals Ltd - Product / Service
      • Table Fortune Minerals Ltd - Key offerings
    • JINWANG EUROPE S.A.S
      • Table JINWANG EUROPE S.A.S - Overview
      • Table JINWANG EUROPE S.A.S - Product / Service
      • Table JINWANG EUROPE S.A.S - Key offerings
    • Kurt J Lesker Co.
      • Table Kurt J Lesker Co. - Overview
      • Table Kurt J Lesker Co. - Product / Service
      • Table Kurt J Lesker Co. - Key offerings
    • Masan Group
      • Table Masan Group - Overview
      • Table Masan Group - Business segments
      • Table Masan Group - Key offerings
      • Table Masan Group - Segment focus
    • Merck KGaA
      • Table Merck KGaA - Overview
      • Table Merck KGaA - Business segments
      • Table Merck KGaA - Key news
      • Table Merck KGaA - Key offerings
      • Table Merck KGaA - Segment focus
    • Nanorh
      • Table Nanorh - Overview
      • Table Nanorh - Product / Service
      • Table Nanorh - Key offerings
    • Omkar Speciality Chemicals Ltd.
      • Table Omkar Speciality Chemicals Ltd. - Overview
      • Table Omkar Speciality Chemicals Ltd. - Product / Service
      • Table Omkar Speciality Chemicals Ltd. - Key offerings
    • SHEPHERD CHEMICALS
      • Table SHEPHERD CHEMICALS - Overview
      • Table SHEPHERD CHEMICALS - Product / Service
      • Table SHEPHERD CHEMICALS - Key offerings
    • Viavi Solutions Inc.
      • Table Viavi Solutions Inc. - Overview
      • Table Viavi Solutions Inc. - Business segments
      • Table Viavi Solutions Inc. - Key offerings
      • Table Viavi Solutions Inc. - Segment focus
    • Western Minmetals SC Corp.
      • Table Western Minmetals SC Corp. - Overview
      • Table Western Minmetals SC Corp. - Product / Service
      • Table Western Minmetals SC Corp. - Key offerings
    • Xianyang jump hua bismuth industry Co. LTD
      • Table Xianyang jump hua bismuth industry Co. LTD - Overview
      • Table Xianyang jump hua bismuth industry Co. LTD - Product / Service
      • Table Xianyang jump hua bismuth industry Co. LTD - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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