Antimony Market Size, Share, Growth & Industry Trends [2031]
Antimony Market Size, Share, Growth & Industry Trends [2031]
Segments - Antimony Market by Types (Antimony Trioxide, Alloys, Antimony Pentoxide, Metal Ingot, and Others), Applications (Lead Acid Batteries, Fiberglass Composites, Flame Retardant, Alloy Strengthening Agent, Catalyst, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-1564
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Report Description
Antimony Market Outlook 2031
The global antimony market size was valued at USD 2 Billion in 2022 and is projected to reach USD 2.85 Billion by 2031, expanding at a CAGR of 4% during the forecast period, 2023–2031. The growth of the market is attributed to the rising use of antimony in plastic additives applications, rapid industrialization, recycling of antimony, and growing demand for electric vehicles in various end-user industries.
Antimony is the metallic chemical element that belongs to the nitrogen group and it exits in various allotropic forms. It comes chiefly as the gray sulfide mineral stibnite, which is the basic mineral from that antimony can be obtained.
Antimony is silvery, lustrous, bluish white in solid state, which is very brittle and also has the flaky texture. Antimony ores are mixed with different metals to obtain antimony alloys and oxides. Antimony is toxic by ingestion and inhalation that can burn and emit toxic fumes if exposed or heated to flames.
It is a poor conductor of electricity and heat, due to which it is mainly used in manufacturing of the semiconductor devices such as, batteries, flame proofing materials, infrared detectors & diodes, ceramic enamels & paints, and low friction metals.
Antimony Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for fire safety regulations is expected to drive the market growth during the forecast period.
- The exploration of new developed antimony reserves is major factor boosting the market expansion.
- Environmental and health hazards due to exposure of antimony are estimated to restrict the market growth in the coming years.
- Overcoming geo political tensions acts as key challenge that can impede the market expansion.
- R&D investment and technological advancement in antimony is anticipated to offer significant opportunities for the market players.
Scope of Antimony Market Report
The report on the global Antimony market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Antimony Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Antimony Trioxide, Alloys, Antimony Pentoxide, Metal Ingot, and Others), Applications (Lead Acid Batteries, Fiberglass Composites, Flame Retardant, Alloy Strengthening Agent, Catalyst, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Recyclex; Mandalay Resources; Korea Zinc Co. Ltd.; AMG Advanced Metallurgical Group; United States Antimony Corporation; Campine; BASF SE; and Huachang Antimony Industry |
Antimony Market Segment Insights
Types Segment Analysis
Based on types, the global Antimony market is divided into antimony trioxide, alloys, antimony pentoxide, metal ingot, and others. The antimony trioxide segment is expected to constitute a key share of the market during the forecast period owing to high usage in plastic additives, flame retardant, glass, ceramics, and pigment applications. Majorly, 70% of the produced antimony is consumed globally in the form of antinomy trioxide.
Applications Segment Analysis
On the basis of applications, the market is segmented into lead acid batteries, fiberglass composites, flame retardant, alloy strengthening agent, catalyst, and others.
The flame retardant segment is expected to represent a key share of the market in the coming years due to highly used for reducing hazardous effect of fire mishaps. The flame retardant are mainly used in mattresses, plastics, wiring, furniture, fabrics, and circuit boards. It helps to stop fire by coming in contact with the fire cycle in gaseous state and also stop the chemical chain reaction.
On the other hand, the lead acid batteries segment is anticipated to expand at a rapid pace during the forecast period owing to its requirement in different parts of the battery where corrosion resistance, strength, and creep resistance are needed. They are majorly used in various countries in the automotive batteries.
Regional Outlook
On the basis of regions, the global Antimony market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period.
The regional market growth can be attributed to increasing demand for plastic additives, flame retardant, and automotive acid lead battery application. The demand for antimony is growing in various industries including electronics, chemicals, transportation, cosmetics, and food & beverages in the region.
Segments
The global Antimony market has been segmented on the basis of
Types
- Antimony Trioxide
- Alloys
- Antimony Pentoxide
- Metal Ingot
- Others
Applications
- Lead Acid Batteries
- Fiberglass Composites
- Flame Retardant
- Alloy Strengthening Agent
- Catalyst
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Recyclex
- Mandalay Resources
- Korea Zinc Co. Ltd.
- AMG Advanced Metallurgical Group
- United States Antimony Corporation
- Campine
- BASF SE
- Huachang Antimony Industry
Competitive Landscape
Key players competing in the global Antimony market include Recyclex; Mandalay Resources; Korea Zinc Co. Ltd.; AMG Advanced Metallurgical Group; United States Antimony Corporation; Campine; BASF SE; and Huachang Antimony Industry.
Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Antimony Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Antimony Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Antimony Market - Supply Chain
4.5. Global Antimony Market Forecast
4.5.1. Antimony Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Antimony Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Antimony Market Absolute $ Opportunity
5. Global Antimony Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Antimony Market Size and Volume Forecast by Types
5.3.1. Antimony Trioxide
5.3.2. Alloys
5.3.3. Antimony Pentoxide
5.3.4. Metal Ingot
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Antimony Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Antimony Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Antimony Demand Share Forecast, 2019-2026
7. North America Antimony Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Antimony Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Antimony Market Size and Volume Forecast by Types
7.4.1. Antimony Trioxide
7.4.2. Alloys
7.4.3. Antimony Pentoxide
7.4.4. Metal Ingot
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Antimony Demand Share Forecast, 2019-2026
8. Latin America Antimony Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Antimony Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Antimony Market Size and Volume Forecast by Types
8.4.1. Antimony Trioxide
8.4.2. Alloys
8.4.3. Antimony Pentoxide
8.4.4. Metal Ingot
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Antimony Demand Share Forecast, 2019-2026
9. Europe Antimony Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Antimony Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Antimony Market Size and Volume Forecast by Types
9.4.1. Antimony Trioxide
9.4.2. Alloys
9.4.3. Antimony Pentoxide
9.4.4. Metal Ingot
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Antimony Demand Share Forecast, 2019-2026
10. Asia Pacific Antimony Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Antimony Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Antimony Market Size and Volume Forecast by Types
10.4.1. Antimony Trioxide
10.4.2. Alloys
10.4.3. Antimony Pentoxide
10.4.4. Metal Ingot
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Antimony Demand Share Forecast, 2019-2026
11. Middle East & Africa Antimony Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Antimony Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Antimony Market Size and Volume Forecast by Types
11.4.1. Antimony Trioxide
11.4.2. Alloys
11.4.3. Antimony Pentoxide
11.4.4. Metal Ingot
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Antimony Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Antimony Market: Market Share Analysis
12.2. Antimony Distributors and Customers
12.3. Antimony Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Recyclex
12.4.2. Mandalay Resources
12.4.3. Korea Zinc Co. Ltd.
12.4.4. AMG Advanced Metallurgical Group
12.4.5. United States Antimony Corporation
12.4.6. Campine
12.4.7. BASF SE
12.4.8. Hu
Methodology
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