The "Antimony Market by Product Type (Trioxides, Alloys), Application (Flame Retardants, Plastic Additives. Lead-Acid Batteries, Glass & Ceramics), End-Use Industry (Chemical, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The antimony market size is estimated to be USD 1.77 billion in 2018 and is projected to reach USD 2.37 billion by 2023, at a CAGR of 6% between 2018 and 2023.
The increasing 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 restraining the growth of the antimony market.
Around 70% of the antimony produced is consumed in the form of antimony trioxide (ATO), globally. ATO is used in flame retardant, plastic additives, glass & ceramics, and pigment applications. Owing to its wide-range applications, the ATO segment is projected to lead the antimony market during the forecast period.
The chemical industry is the major 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 (UV).
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Antimony Market, By Product Type
7 Antimony Market, By Application
8 Antimony Market, By End-Use Industry
9 Antimony Market, By Region
10 Company Profiles
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