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Antimony Market Size, Share, Growth & Industry Trends [2031]

Antimony Market

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Segments - 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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Author:

Riddhesh Dani

Fact-checked by:

Harneet Meher

Editor:

Shruti Bhat

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.

Attributes	Details
Report Title	Antimony Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
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)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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 Summary
2. 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 (000â€™ 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

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