An Antimony Market size was valued at US$ 282.6 Mn. in 2022 and the total Antimony revenue is expected to grow by 5.9% from 2023 to 2029, reaching nearly US$ 422.14 Mn.
Antimony Market Overview:
The Antimony Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Antimony Market, as well as the causes for variances in the industry’s growth in various places.
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Antimony Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Antimony Market Drivers:
The electronics industry uses very high purity antimony metal (99 percent pure) in silicon chips to make infrared sensors, transistors, and other gadgets, as well as for other purposes. Antimony is also found in anti-friction joints, for mechanical typesetting, solder (as much as 10% antimony, but normally considerably less), and ornamental molds of Britannia metal (5 % antimony) and pewter (7.5 % antimony in current goods). To improve heat tolerance, graphite bearings are treated with antimony. Antimony, along with beryllium, is utilized as a starter neutron source in nuclear reactors. The term "antimony black" refers to finely powdered metallic antimony that is utilized in the bronzing of metals and plaster castings.
The chronic health effects associated with Antimony are expected to be a major restraint in the market growth.
The principal consequences of chronic antimony exposure in humans include respiratory symptoms e.g. antimony pneumoconiosis (lung inflammation induced by dust intake), abnormalities in pulmonary function, bronchial asthma, chronic emphysema, dormant TB, pleural adhesions, and discomfort.
Cardiovascular consequences (increased blood pressure, changed EKG readings, and cardiac muscle damage) and gastrointestinal issues have also been observed in persons who have been persistently exposed to antimony by breathing.
Chronic inhalation exposure has been proven in animal tests to have impacts on the pulmonary, cardiovascular, and renal systems. Animal studies on antimony exposure include bloodstream, liver, central nervous system, and gastrointestinal abnormalities.
Antimony Market Segmentation:
by Type
Metal Ingot
Antimony Trioxide
Antimony Pentoxide
Alloys
Other
by Application
Flame Retardants
Lead-acid Batteries
Alloy Strengthening Agents
Fiberglass Composites
Catalysts
Other
by End-Use Industry
Chemical
Automotive
Electrical & Electronics
Others
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Antimony Market Key Players: The key players are
1.BASF SE
2.Campine
3.Yiyang Huachang Antimony Industry Co. Ltd
4.Hunan ChenZhou Mining Group Co. Ltd
5.Korea Zinc Co. Ltd
6.Lambert Metals International
7.Mandalay Resources Corp.
8.Nihon Seiko
9.Nyacol Nano Technologies Inc.
10.Suzuhiro Chemical
11.Tri-Star Resources PLC
12.US Antimony
13.Yunnan Muli Antimony Industry Co. Ltd
14.AMG Advanced Metallurgical Group
15.Recyclex
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Antimony Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Antimony Market Report are:
- Which sub-segment had the largest share in the Antimony Market?
- How is the competitive landscape of the Antimony Market in 2023?
- Which are the key drivers impacting the Antimony Market growth?
- Which region holds the maximum share in the Antimony Market?
- What will be the CAGR of the Antimony Market during the forecast period (2023-2029)?
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