The Global Antimony Market Report prepared by The Business Research Company covers the Antimony market size, drivers, caps, key players and the impact of COVID-19.
LONDON, GREATER LONDON, UK, September 20, 2022 /EINPresswire.com/ — According to the 2022 Global Antimony Market Report by Business Research, antimony market size it is expected to grow from $3.88 billion in 2021 to $4.12 billion in 2022 at a compound annual growth rate (CAGR) of 6.23%. The growth in the market is mainly due to companies restructuring their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures, including social distancing, remote work, and business closures, which led to operational problems. The global antimony market is expected to reach $5.53 billion in 2026 at a CAGR of 7.65%. The rise in fires and stringent fire safety regulations are expected to boost the global antimony market.
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Key trends in the antimony market
Strategic cooperation and joint ventures between companies is a key trend that is gaining popularity in the antimony market. Antimony companies are partnering and collaborating to develop new antimony technologies and products.
Overview of the antimony market
The antimony market consists of the sale of antimony by entities (organizations, individual entrepreneurs and partnerships) that produce antimony in the process of mining or smelting and supply it to various industries. Antimony is a semi-metallic chemical element that is available in two forms: metallic and non-metallic. Antimony metal is bright, silvery, hard and brittle; non-metallic antimony is a gray powder. Antimony is a poor conductor of heat and electricity. Antimony is a natural element of the environment. However, it also enters the environment through various human applications. Antimony is a vital metal for the global economy.
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The 2022 World Antimony Market Report from TBRC contains the following information:
Market size data
Forecast period: historical and future
Regions: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
By type: antimony trioxide, antimony pentoxide, alloys, metal ingots, others
By application: flame retardants, additives to plastics, lead-acid batteries, glass and ceramics, other
By end-user industry: chemical, automotive, electrical and electronics, other
Geographically: The global antimony market is divided into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, the Middle East and Africa. Among these regions, the Asia-Pacific region has the largest market share.
Major market players such as BASF SE, Campine NV, Huachang Antimony Industry, AMG Advanced Metallurgical Group, Hunan Chenzhou Mining Group Co. Ltd., Lambert Metals International, Mandalay Resources Ltd, Nihon Seiko Co. Ltd., NYACOL Nano Technologies Inc., Recylex, Suzuhiro Chemical, Belmont Metals, United States Antimony, Village Main Reef Ltd., Yunnan Muli Antimony Industry Co. Ltd. and Belmont Metals.
Trends, opportunities, strategies and more.
The 2022 World Antimony Market Report is one of The Business Research Company’s comprehensive reports that provides an overview of the antimony market. The Market Report analyzes the Antimony Market Size, Global Antimony Market Growth Factors, antimony market segments, the main players in the global antimony market, the growth of the global antimony market in different regions, and the revenue and market positioning of competitors in the global antimony market. The Antimony Market Research Report allows you to gain insight into opportunities and strategies and identify countries and segments with the highest growth potential.
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