Antimony Market | Demands, Share, Size, Key Player Analysis and Forecast Research
The global antimony market has been segmented by type, application, end-use industry, and region.
By type, the
global Antimony
Market 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
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 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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