Antimony Market is Growing Exponentially in Order to Gain More Demand by 2023
The 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", 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
The market for antimony has a diversified and established ecosystem comprising upstream players, such as raw material suppliers and downstream stakeholders, manufacturers, vendors, and end users of antimony, as well as various government organizations. Leading players operating in the antimony market include AMG Advanced Metallurgical Group (Netherland), Mandalay Resources (Canada), United States Antimony Corporation (USAC) (US), Korea Zinc (South Korea), and Recyclex (France).
APAC is the largest market for antimony. The market in the region is driven by the high demand in flame retardant, plastic additives, and automotive lead acid batteries applications. In APAC, China, Australia, Tajikistan, and Myanmar are the major producers of antimony. The largest reserves of antimony are found in China. Around 70% of antimony is produced by China. The Chinese government is continuously tightening environmental regulations and beefing up its monitoring capabilities regarding antimony production, import, and export.
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