|Expected Base Year Value (2021)||US$ 1.7 Billion|
|Projected Market Value (2022)||US$ 2 Billion|
|Anticipated Market Value (2032)||US$ 2.9 Billion|
|Global Growth Rate (2022-2032)||4% CAGR|
Flame retardants followed by lead acid batteries dominate the global demand for antimony the trend is anticipated to continue during the forecast period. Increasing demand for flame retardants in several end user industries such as plastic has been among foremost factors driving demand for antimony.Lead acid batteries are used in various industries including automobiles, marine, etc. Increasing demand for electric vehicles is expected to drive demand for antimonyduring the forecast period. Major end user industries for antimony include consumer goods such as automobile and textile among others. Therefore, macroeconomic factors such as GDP growth and purchase power parity are also among major growth drivers for antimony market. Exposure to antimony poses severe health hazards including breathing disorders, skin irritation, and lung cancer among others. Antimony also leads to several environmental hazards which have led to surge in number of regulations to regulate antimony consumption which have been restraining market growth for antimony.
Asia Pacific dominates the global antimony market primarily owing to high demand in China. Over 80% of the global antimony production is controlled by China; moreover high GDP growth in the region is expected to drive antimony market during the forecast period. Demand for antimony in North America and Europe is anticipated to grow at a sluggish rate primarily owing stringent regulations in the regions.
Some manufacturers in the antimony market include Shanghai Metal Corporation, Beijing North Xinyuan Electrical Carbon Products Co.Ltd and Qingdao Glory International Trading Co. among several others.
This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.
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Key Segments Profiled in the Antimony Industry Survey
- Antimony Trioxide
- Antimony Pentoxide
- Antimony Alloys
- Antimony Metal Ingots
- Other Antimony Product Types
- Antimony Flame Retardants
- Antimony Lead-Acid Batteries
- Antimony Plastic Additives
- Antimony Stabilizers
- Antimony Catalysts
- Antimony Glass and Ceramics
- Antimony Others
- Antimony for the Chemical Industry
- Antimony for the Automotive Industry
- Antimony for the Electrical and Electronics Industry
- Antimony for Other End Use Industries
Antimony Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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