Antimony Market Volume Analysis, Segments, Value Share and Key Trends 2022-2027

According to the latest report by IMARC Group, titled “Antimony Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on antimony market overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global antimony market reached a value of US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7% during 2022-2027.

Antimony, or stibnite (Sb), is a silver-grey chemical element with a silky, glossy surface found in both metallic and non-metallic forms. The metallic form belongs to a brittle nature and is usually available in a bright silver color. However, the non-metallic one is the one that is typically present in grey color and powder form. It can be extracted from ores like stibnite and valentinite. It is a stable element in dry air that’s also resistant to alkalis and acids. Antimony is a bad conductor of heat and electricity. It is widely employed in semiconductor devices such as infrared detectors and diodes, low friction metals, batteries, ceramic enamels, flame-proofing materials, and paints.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Antimony Market Trends:

The global market is majorly driven by the rising demand for antimony trioxide (ATO). In line with this, as antimony is employed in fire safety, the increasing fire safety laws in commercial and private areas are positively influencing the market. Furthermore, growing product adoption for manufacturing lead-acid batteries, castings, pipes, solders, and bearings for transistors is catalyzing the market. Apart from this, the wide demand for antimony-based fiberglass composites with chemical and heat-resistant qualities is propelling the market expansion. Moreover, rapid industrialization and escalating demand for polyethylene terephthalate (PET) packaging made with antimony as a significant element are offering lucrative opportunities for the market. Besides this, exploration of newly developed antimony reserves and recycling of antimony are creating a positive outlook for the market. Additionally, high demand from the electronics sector for manufacturing consumer electronics is strengthening product demand.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • AMG Advanced Metallurgical Group
  • Campine
  • Huachang Antimony Industry
  • Hunan Chenzhou Mining Group Co. Ltd
  • Korea Zinc Co. Ltd
  • Lambert Metals International
  • Mandalay Resources Ltd
  • Nihon Seiko Co., Ltd
  • NYACOL Nano Technologies, Inc
  • Recylex
  • Suzuhiro Chemical
  • Tri-Star Resources
  • United States Antimony
  • Village Main Reef Ltd.
  • Yunnan Muli Antimony Industry Co. Ltd

Antimony Market Segmentation:

Our report has categorized the market based on region, product type, application and end-use industry.

Breakup by Product Type:

  • Antimony Trioxide
  • Antimony Pentoxide
  • Alloys
  • Metal Ingots
  • Others

Breakup by Application:

  • Flame Retardants
  • Lead-Acid Batteries    
  • Plastic Additives
  • Stabilizers
  • Catalysts
  • Glass and Ceramics
  • Others

Breakup by End-Use Industry:

  • Chemical
  • Automotive
  • Electrical and Electronics
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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