Antimony Market to reach USD 2.9 Billion by 2032

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Antimony Market to reach USD 2.9 Billion by 2032
Future Market Insights Non-metallic form of
antimony is grey powder. Antimony is a chemical
element and exists in both metallic and
non-metallic forms. The metallic form is bright
silver and brittle material. Antimony is a
stable element in dry air and is inert to acids
and alkalis. Antimony expands on cooling and is a
bad conductor of electricity and heat. Antimony
is among the oldest known element to mankind and
has been used for varied applications since 4000
BC. Antimony is available freely in nature and
also can be extracted from ores such as
valentinite and stibnite. The global antimony
market is likely to be worth US 2 Billion in
2022 and is expected to reach USD 2.9 Billion by
2032, growing at a 4 CAGR from 2022 to
2032. Elemental antimony is present in relatively
small amount owing to high reactivity of antimony
with sulfur, lead, silver and copper. Stibnite
is the commonly used ore for extracting antimony,
ores of antimony are crushed and then antimony
is hand sorted from the crushed ore. Owing to
large reserves and cheap and abundant labor
available in China, China dominates the global
antimony production. Antimony is also recycled
from lead acid batteries, recycled antimony is
among other major sources for antimony and is
fast gaining acceptance as an easy source of
antimony. Get a Free Sample Report _at_
https//www.futuremarketinsights.com/reports/sampl
e/rep-gb-343 Metallic antimony is brittle in
nature and hence has to be combined with other
metals or alloys for high strength applications.
Antimony trioxide is the commonly used compound
of antimony for various commercial applications
such as production of plastics, rubber, textile,
pigments, glass, etc. Antimony is widely used
with lead as a reinforcement to increase the
strength of lead in applications such as
ammunitions. Antimony is also widely used in lead
acid batteries which are among the dominant
applications for antimony. Other application of
antimony includes production of low friction
applications, flame proofing materials and glass
among several others. Major end user industries
of antimony include automobiles, paints, building
and construction and defense among others. Flame
retardants followed by lead acid batteries
dominate the global demand for antimony the
trend is anticipated to continue during the
forecast period. Increasing demand for flame
retardants in several end user industries such
as plastic has been among foremost factors
driving demand for antimony.Lead acid batteries
are used in various industries including
automobiles, marine, etc. Increasing demand for
electric vehicles is expected to drive demand for
antimony during the forecast period. Major end
user industries for antimony include consumer
goods such as automobile and textile among
others. Therefore, macroeconomic factors such as
GDP growth and purchase power parity are also
among major growth drivers for antimony market.
Exposure to antimony poses severe health hazards
including breathing disorders, skin irritation,
and lung cancer among others. Antimony also leads
to several environmental hazards which have led
to surge in number of regulations to regulate
antimony consumption which have been restraining
market growth for antimony. Asia Pacific
dominates the global antimony market primarily
owing to high demand in China. Over 80 of the
global antimony production is controlled by
China moreover high GDP growth in the region is
expected to drive antimony market during the
forecast period. Demand for antimony in North
America and Europe is anticipated to grow at a
sluggish rate primarily owing stringent
regulations in the regions.
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• Some manufacturers in the antimony market include
  Shanghai Metal Corporation, Beijing North
  Xinyuan Electrical Carbon Products Co.Ltd and
  Qingdao Glory International Trading Co. among
  several others.
• This research report presents a comprehensive
  assessment of the market and contains thoughtful
  insights, facts, historical data and
  statistically-supported and industry-validated
  market data and projections with a suitable set
  of assumptions and methodology. It provides
  analysis and information by categories such as
  market segments, regions, product types and
  distribution channels.
• Key Segments Profiled in the Antimony Industry
  Survey Product Type
• Antimony Trioxide
• Antimony Pentoxide
• Antimony Alloys
• Antimony Metal Ingots
• Other Antimony Product Types
• Application
• Antimony Flame Retardants
• Antimony Lead-Acid Batteries
• Antimony Plastic Additives
• Antimony Stabilizers
• Antimony Catalysts
• Antimony Glass and Ceramics
• Antimony Others
• End-Use Industry
• Antimony for the Chemical Industry
• Antimony for the Automotive Industry

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• 1.5. Analysis and Recommendations
• 2. Market Overview
• Market Coverage / Taxonomy
• Market Definition / Scope / Limitations
• Market Background
• Global Antimony Market Analysis 2017-2021 and
  Forecast, 2022-2032
• To be continued!
• Grab Full Report _at_ https//www.futuremarketinsight
  s.com/reports/antimony-market