Global Outlook on the Antimony Market to 2023: $2.37 Billion DROC Analysis and Major Player Profiles – ResearchAndMarkets.com

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).

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Key Topics Covered

1 Introduction

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

For more information about this report visit https://www.researchandmarkets.com/research/lvq7nt/global_outlook_on?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005517/en/

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