Global Antimony Market 2018-2023

The global antimony market is expected to display higher growth rate over the next five years. The antimony market is subject to witness a substantial growth due to the increasing demand for production of low friction, flame proofing materials and glass. Low friction, flame proofing materials and glass are required in number from end-use application sector such as automobiles, paints, building & construction, and defense sector. Globally, the antimony market is predicted to generate massive revenue over the next five years, providing numerous opportunities for market players to invest for research and development in the antimony market.

Rising demand for electric vehicles and flame-retardants is expected to drive the growth of anatomy market over the forecast period. Increasing demand for antimony from numerous end-user industries like plastic is anticipated to boost market value over the next five years. Furthermore, macroeconomic factors such as strong economic growth and purchase power difference, particularly in the Asia Pacific region are predicted to fuel market demand in the upcoming years. 

However, constant exposure to antimony can cause serious health hazards such as breathing disorders, skin irritation, and lung cancer. Use of antimony in various industrial application require implementation of advanced safety feature. Antimony can cause several environmental hazards as well. These factor are expected to restrain market growth to a certain extent. Substantial increase in number of regulations to regulate antimony consumption is limiting market demand in the past few years. 

Recycling of antimony lead acid batteries is expected to favor market growth over the upcoming years. The recycled antimony is identified as prominent resources for antimony. Metallic antimony is gaining traction in high strength application. Metallic antimony are mixed with other metals or alloys for high metallic strength. Antimony trioxide, derivative of antimony, is the frequently used in a number of commercial applications such as production of plastics, rubber, textile, pigments, glass, etc.

The antimony market is broadly categorized into major segments based on the application type such as fiberglass composites application, consumer electronic devices, household goods and aesthetics. The fiberglass composites application is considered as one of the fastest growing segment in the antimony market with substantial revenue generation in the last few years. Growing popularity of antimony in the fiberglass composites application segment is attributed to their unique properties as an additive material. 

The antimony market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in chemical manufacturing sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure. 

Asia-Pacific region is predicted to hold major market share in the antimony market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with ever-growing demand for fiberglass composites, robust growth in consumer electronic industry, easy availability of raw materials, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the antimony market are Shanghai Metal Co., Beijing North Xinyuan Electrical Carbon Products Co., Ltd., and Qingdao Glory International Trading Co.

Global antimony market is anticipated to grow at a CAGR of 5.37% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for antimony to 2023 offers detailed coverage of antimony industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading antimony producers to provide exhaustive coverage of the antimony.

Report contents include
- Analysis of the antimony market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on antimony including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- GeoProMining
- Unzob
- Consolidated Murchison
- Beaver Brook
- Mandalay Resources
- Hsikwangshan Twinkling Star
- Hunan Chenzhou Mining
- China Tin Group
- Shenyang Huachang Antimony
- Hechi Wuji
- Yunnan Clouds Transit
- Yiyang Huachang
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