The global Antimony Market was USD 2.12 billion in 2022 and is expected to reach USD 3.58 billion in 2032 growing at a CAGR of 6% during the forecast period. The demand for flame retardants in the plastics industry and the rising demand for antimony in a variety of end-use industries, including construction, electronics, and automobiles, are the main drivers of market revenue growth.
The chemical element antimony has the atomic number 51 and the letter Sb assigned to it. It is a brittle, silvery-white, semimetallic element that is also a potent conductor of electricity and has a great resistance to corrosion. The manufacturing of flame retardants, which are used in many industries to stop the spread of fire, is the main use of antimony. Lead-acid batteries, alloys, and PET (polyethylene terephthalate) plastics are all made using antimony, as well as lead-acid batteries, alloy hardening agents, and catalysts.
Get a sample of the report: https://www.reportsanddata.com/download-free-sample/5378
Top Leading Players:
- Campine NV (Belgium)
- Huachang Antimony Industry (China)
- United States Antimony Corp (U.S.)
- Korea Zinc Co. Ltd, (South Korea)
- Lambert Metals International (U.K.)
- Mandalay Resources Ltd (Canada)
- NYACOL Nano Technologies (U.S.)
- Suzuhiro Chemical & Materials (Japan)
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Antimony Market Upcoming Growth:
The antimony market is poised for promising growth in the near future. Antimony, a chemical element widely used in various industries, is anticipated to witness an upward trajectory in demand. Several factors contribute to the projected growth of the antimony market.
Firstly, the increasing application of antimony in flame retardants is a key driver of market expansion. Antimony compounds are commonly utilized as additives in plastics, textiles, and electronics to enhance fire resistance. As fire safety regulations become more stringent worldwide, the demand for antimony-based flame retardants is expected to rise.
Additionally, the growing demand for antimony in the production of lead-acid batteries is fueling market growth. Antimony is a crucial component in the construction of grid alloys, which are used to manufacture positive plates in these batteries. The flourishing automotive industry, coupled with the rising adoption of renewable energy storage systems, is driving the demand for lead-acid batteries, thereby positively impacting the antimony market.
Key questions covered in the global Antimony Market report:
- What is the expected market size of the global Antimony Market during the forecast period?
- What factors are expected to hamper global Antimony Market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Polyvinyl Alcohol market?
Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2019-2030)
- 90
- 85
- 65
- 50
Application/ End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Flame Retardants
- Lead-acid Batteries
- Alloy Strengthening Agents
- Fiberglass Composites
- Catalysts
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/5378
Thank you for reading the report. Kindly contact us to know more about the customization plan that we offer as per client requirement. Our team will ensure that the report is well suited as per your requirement.
Browse More Reports:
Cannabis Packaging Market:https://www.reportsanddata.com/report-detail/cannabis-packaging-market
Energy Retrofit Systems Market:https://www.reportsanddata.com/report-detail/energy-retrofit-systems-market
Lubricants for Wind Turbine Market:https://www.reportsanddata.com/report-detail/lubricants-for-wind-turbine-market
Biodegradable Plastics Market:https://www.reportsanddata.com/report-detail/biodegradable-plastics-market
Carbolic Oil Market:https://www.reportsanddata.com/report-detail/carbolic-oil-market
Metal Working Oil Market:https://www.reportsanddata.com/report-detail/metal-working-oil-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
