Antimony is a chemical element with the symbol Sb with atomic number 51 and it is a lustrous grey metalloid with several allotropic forms which have varying physical and chemical properties. Antimony is a member of the pnictogen family which includes nitrogen, arsenic, bismuth and phosphorus. It has been known since ancient times and was used in various applications like cosmetics, alloys and medicines. Antimony is primarily used as a flame retardant in plastics, textiles and other materials.

Wide applications of Antimony in various industries due to its unique physical and chemical properties has become a key factor in target market growth. Frame retardants, batteries, semiconductors, glass, pigments, hardening alloys, aerospace, medicines and chemicals are the major applications of Antimony which helps fuel the target market growth rapidly. One of the main drivers of growth is the increasing demand for antimony in the flame retardant industry. As more countries implement strict regulations on fire safely the demand for antimony based flame retardants in plastics, textiles and other materials has increased significantly.Antimony Market was valued at US$ 2.3 billion in 2024 and is projected to grow at a CAGR of 6.6% to reach US$ 4.1 billion by 2034.

The report “Antimony Market, By Product Type (Trioxides and Alloys), By Application (Fire Retarding Agent, Lead Batteries, Alloy-Strengthening Agent, Catalyst, Ceramics, and Others), By End-User Industry (Chemical, Automotive, Electrical and Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In June 2019, United States Antimony Corporation reported continuous capacity expansion at its smelter in Madero and Mexico. The additional capacity is intended to handle an increase in production from the Sierra Guadalupe Mines, which have a furnace recovery range of 96-98%. The third Long Rotary Furnace (LRF) was installed as a part of this this expansion.
• In January 2021, Campine expands its recycling initiatives with a cutting-edge method to recycle chemicals straight from industrial and post-consumer metal trash and it involves antimony manufacturing from waste streams. Based in Beerse near Antwerp, Campine is involved in two main factors i.e. lead recycling and the production of antimony trioxide which is a chemical additive.

Analyst View:

Antimony Market has experienced rapid growth in recent years, driven by a variety of factors. Additionally, the growing demand for batteries, particularly lead-acid batteries used in automotive applications, has also contributed to the growth of the antimony market. Antimony is used as an alloying element in lead-acid batteries, which are widely used in automobiles and other applications. Further, the increasing use of antimony in the production of semiconductors, which are used in a wide range of electronic devices, has also contributed to the growth of the antimony market. Antimony is used as a dopant in the production of semiconductors, which enhances their electrical properties and performance.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Antimony Market, By Product Type (Trioxides and Alloys), By Application (Fire Retarding Agent, Lead Batteries, Alloy-Strengthening Agent, Catalyst, Ceramics, and Others), By End-User Industry (Chemical, Automotive, Electrical and Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Antimony Market was valued at US$ 2.3 billion in 2024 and is projected to grow at a CAGR of 6.6% to reach US$ 4.1 billion by 2034. Antimony Market is segmented based on Product Type, Application, End-User Industry and Region.

• Based on Product Type, Antimony Market is segmented into Trioxides and Alloys.
• Based on Application, Antimony Market is segmented into Fire Retarding Agent, Lead Batteries, Alloy-Strengthening Agent, Catalyst, Ceramics, and Others.
• Based on End-User Industry, Antimony Market is segmented into Chemical, Automotive, Electrical and Electronics, and Others.
• By Region, the Antimony Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Antimony Market:

The prominent players operating in the Antimony Market includes, AMG Advanced Metallurgical Group N.V., Mandalay Resources Corp., United States Antimony Corporation, Korea Zinc Co.Ltd., Recyclex S.A., Nihon Seiko Co., Ltd., Umicore S.A., Hunan Chenzhou Mining Co., Ltd., Hunan Huachang Antimony Industry Co, Ltd., and GeoPromining Ltd. and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

To know more

Contact Us:

Sales

Prophecy Market Insights

U.S: 1 860 531 2574

RoW: 91 7775049802

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

Blog- www.prophecyjournals.com