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Antimony Market by Product Type, Application, End-Use Industry And Region - Global Forecast to 2023

Antimony Market: Global Forecast until 2023

  • July 2018
  • 112 pages
  • ID: 5473531
In this report:
According to the National Bureau of Statistics of China, in September 2015, ##% of antimony production capacity in the Hunan province would not be used.
These are some of the factors that are expected to drive the Canadian antimony market growth, registering a CAGR of ##.##% and ##.##%, in terms of value and volume, between 2018 and 2023.

Summary

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The antimony market is expected to record a CAGR (Compound annual growth rate) of 6.00 percent from 2018 to 2023, in terms of value importance.

The antimony market size is projected to be ~$1.8B in 2018 and is projected to extend ~$2.4B by 2023, at a compound annual growth rate (CAGR) of 6.00 percent between 2018 and 2023. The growing demand for antimony in the chemical industry is one of the most significant factors driving the antimony market. Antimony is a rare silvery-white, shiny, brittle, semiconducting element which is used in flame retardant, plastic additives, refining agent, pacifier, and alloying agent. Environmental & health concerns and the high price of antimony are selecting the increase of the antimony market.

The trioxide segment is projected to dominate the global antimony market during the estimate period.

Around 70.0 percent of the antimony produced is consumed in the form of antimony trioxide, globally.ATO is used in flame retardant, plastic additives, glass & ceramics, and pigment applications.

According to its wide-range applications, the ATO segment is forecasted to dominate the antimony market during the outlook period.

The antimony market in the chemical end-use sector is expected to register the highest compound annual growth rate (CAGR) during the estimate period.

The chemical industry is the main consumer of antimony.Antimony is used in the chemical industry as a flame synergist, catalyst, and stabilizer.

Antimony trioxide or triacetate form is used as a polycondensation catalyst in the late-stage polymerization of PET production. Antimony is also used as a stabilizer in plastic production that is susceptible to degradation by heat and ultraviolet light.

The antimony market in the Asia-Pacific regions is intended to witness the top compound annual growth rate between 2018 and 2023.

The antimony market in the Asia-Pac regions is forecasted to witness the top compound annual growth rate during the outlook period.This increase can be accredited to the growing demand for antimony in China (CN), Japan (JP), South Korea (KR), and others countries.

The Asia-Pacific regions is bestowed with big reserves of antimony and accounts for 70.0 percent of the overall antimony production. Asia-Pac leads the antimony market both in terms of production and consumption.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been conducted. The breakdown of primary interviews by company category, description, and area is presented below:

• By Type of company- tier 1 - 10.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 65.0 percent

• By Designation- C level - 10.0 percent, D-level - 30.0 percent, and Others - 60.0 percent

• By Region- Asia Pacific - 45.0 percent, North America continent - 20.0 percent, Europe (EU) - 15.0 percent, South America region - 11.0 percent, and Middle East (ME) & African continent - 9.0 percent

• Hunan ZhongNan Antimony & Tungsten Trading Co., Limited

• Huachang Antimony Market

Segment Research

This industry report includes the antimony market and forecasts the size of the market until 2023.The document breaks down the antimony market established on category, application, end-use sector, and area.

The Porter's Five Forces analysis and top market dynamics including drivers, industry restraints, opportunities, and possibilities influencing the increase of the antimony market have been discussed in the study. The analysis also offers company profiles of main actors operating in the antimony market.

Benefits of Buying the Report:

The market research is expected to benefit industry top players/new sector entrants in the antimony market in these ways:

• This document breaks down the antimony market and offers the closest approximation of revenues for the global market and its sub-segments across several verticals and localities.

• The report benefits partners distinguish the pulse of the sector and offers info on key market drivers, market restraints, opportunities, and alternatives for the antimony market.

• this business report is also anticipated to help partners comprehend their players and obtain business insights into improving their position in the antimony market. The competitive outlook section includes an ecosystem of competitors and exhaustive information on new industry product developments, business developments & market investments, strategic agreements/contracts, and mergers & acquisitions.

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