Antimony Market Share 2022, Size Global Current and Future Plans ,Regional Trend, Industry Demand by Forecast to 2030
The global antimony
market has been segmented by type, application, end-use industry, and region.
By type, the global Antimony Market Share has been divided into
antimony ingot, antimony trioxide, alloys, and others. The antimony trioxide
segment dominated the market in 2017 as this type of antimony is extensively
used in flame retardant applications. Additionally, it is used as a catalyst in
PET production and as a stabilizing agent in PVC production.
On the basis of application, the market has been
segmented into flame retardants, stabilizers, catalysts, alloy strengthening
agents, semiconductors, enamels, and others. The flame retardants segment led
the market in 2017 due to the high demand in major end-use industries such as
building and construction, automotive, electrical and electronics, and
aerospace. The increasing demand for flame retardants in these industries is
driving market growth.
The market has been segregated, by end-use industry,
into transportation, chemicals, electronics, ceramics and glass, food &
beverage, cosmetics, and others. The transportation sector is leading the
market on account of the high use of antimony in lead storage batteries for
electric vehicles. The demand for these vehicles is increasing to meet
stringent environmental regulations to reduce CO2 emissions.
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Regional Analysis
The antimony market Share has been analyzed with
respect to five regions, namely, Asia-Pacific, North America, Europe, Latin
America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global
antimony market in 2017 on account of the high demand from major end-use
industries such as transportation, food & beverage, chemicals, cosmetics,
and electronics in the region.
The North American market is expected to witness
significant growth due to the demand from the food & beverage,
construction, and aerospace industries.
High demand in the automotive industry in Europe is
expected to drive product demand in the region during the forecast period.
Competitive Analysis
Some of the manufacturers operating in the global
antimony market Share are Amspec Chemical Corporation (US), Artemis Resources
(Australia), BASF SE (Germany), Campine (Belgium), Huachang Antimony Industry
(China), Korea Zinc Co., Ltd (South Korea), Recylex (France), United States
Antimony Corporation (US), Nihon Seiko Co., Ltd (Japan), Umicore (Belgium),
Mandalay Resources Ltd. (Canada), American Elements (US), and Belmont Metals
(US).
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