The global Antimony Market size was robust in 2021 and is expected to register a steady revenue CAGR over the forecast period. One of the key factors driving market revenue growth is increased consumption of the material from industrial applications such as restaurants, clinics, commercial complexes, and others. They are used to cover the inside and outside of buildings, as well as to create ornamental and aesthetic glass mosaics. Porcelain tiles are bits of glass that have been molded into uniform forms. They have grown in popularity as field and accent tiles in recent years. This trend can be linked to recent technological advancements as well as the intrinsic features of tiles, notably their ability to impart strong color and reflect light, as well as their water resistance. These reasons are driving revenue growth of the market during the forecast period.
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Top Leading Players:
- Campine NV (Belgium)
- Huachang Antimony Industry (China)
- United States Antimony Corp (U.S.)
- Korea Zinc Co. Ltd, (South Korea)
- Lambert Metals International (U.K.)
- Mandalay Resources Ltd (Canada)
- NYACOL Nano Technologies (U.S.)
- Suzuhiro Chemical & Materials (Japan)
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Antimony Market Upcoming Growth:
The antimony market is poised for promising growth in the near future. Antimony, a chemical element widely used in various industries, is anticipated to witness an upward trajectory in demand. Several factors contribute to the projected growth of the antimony market.
Firstly, the increasing application of antimony in flame retardants is a key driver of market expansion. Antimony compounds are commonly utilized as additives in plastics, textiles, and electronics to enhance fire resistance. As fire safety regulations become more stringent worldwide, the demand for antimony-based flame retardants is expected to rise.
Additionally, the growing demand for antimony in the production of lead-acid batteries is fueling market growth. Antimony is a crucial component in the construction of grid alloys, which are used to manufacture positive plates in these batteries. The flourishing automotive industry, coupled with the rising adoption of renewable energy storage systems, is driving the demand for lead-acid batteries, thereby positively impacting the antimony market.
Key questions covered in the global Antimony Market report:
- What is the expected market size of the global Antimony Market during the forecast period?
- What factors are expected to hamper global Antimony Market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Polyvinyl Alcohol market?
Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2019-2030)
- 90
- 85
- 65
- 50
Application/ End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Flame Retardants
- Lead-acid Batteries
- Alloy Strengthening Agents
- Fiberglass Composites
- Catalysts
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