Antimony Market is Growing Exponentially in Order to Gain More Demand by 2023
According to the new market research report [111 pages] "Antimony Market by Product Type (Trioxides, Alloys), Application (Flame Retardants, Plastic Additives. Lead-Acid Batteries, Glass & Ceramics), End-Use Industry (Chemical, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the Antimony Market is projected to grow from the estimated USD 1.77 billion in 2018 to USD 2.37 billion by 2023, at a CAGR of 6.0% between 2018 and 2023. The demand for antimony, particularly in flame retardant application, has increased gradually. The use of antimony in catalyst used in polyethylene terephthalate (PET) production has also witnessed growth.
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Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Antimony Market, By Product Type
7 Antimony Market, By Application
8 Antimony Market, By End-Use Industry
9 Antimony Market, By Region
10 Company Profiles
11 Appendix
Major players operating in the antimony market include AMG Advanced Metallurgical Group (Netherland), Mandalay Resources Ltd. (Canada), United States Antimony Corporation (USAC) (US), Korea Zinc (South Korea), Recyclex (France), Nihon Seiko (Japan), Umicore (France), Hunan ZhongNan Antimony & Tungsten Trading Co., Ltd. (China), Huachang Antimony Industry (China), Consolidated Murchison Mine (South Africa), Hsikwangshan Twinkling Star Co. Ltd. (China). These companies have a strong presence in the antimony market and are continuously undertaking efforts to improve their business strategies and product portfolios.
AMG Advanced Metallurgical Group is the largest player in the global antimony market. The company produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals sectors. The company has a strong presence in North American and is mainly focused towards emerging applications such as microelectronics.
Mandalay Resources Ltd. is a leading manufacturer of antimony based products. It has expertise in manufacturing, developing, and supplying antimony across various industries, worldwide. The company restarted capital development and mining in 2010 for a planned production rate of 5,000 tons per month. The improvements in mining and processing methods enabled production to grow to 10,000-12,000 tons/month range by early 2013.
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