Antimony Market Share | Report Analysis, Size, Key Player Analysis and Forecast Research
The global antimony market share 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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