The global antimony market has been segmented by type, application, end-use industry, and region.
By type, the global antimony market has been divided into antimony ingot, antimony trioxide, alloys, and others. The antimony trioxide segment dominated the market in 2017 as this type of antimony is extensively used in flame retardant applications. Additionally, it is used as a catalyst in PET production and as a stabilizing agent in PVC production.
On the basis of application, the Antimony Market has been segmented into flame retardants, stabilizers, catalysts, alloy strengthening agents, semiconductors, enamels, and others. The flame retardants segment led the market in 2017 due to the high demand in major end-use industries such as building and construction, automotive, electrical and electronics, and aerospace. The increasing demand for flame retardants in these industries is driving market growth.
The market has been segregated, by end-use industry, into transportation, chemicals, electronics, ceramics and glass, food & beverage, cosmetics, and others. The transportation sector is leading the market on account of the high use of antimony in lead storage batteries for electric vehicles. The demand for these vehicles is increasing to meet stringent environmental regulations to reduce CO2 emissions.
Access Report @
https://www.marketresearchfuture.com/reports/antimony-market-6337
Regional Analysis
The antimony market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global antimony market in 2017 on account of the high demand from major end-use industries such as transportation, food & beverage, chemicals, cosmetics, and electronics in the region.
The North American market is expected to witness significant growth due to the demand from the food & beverage, construction, and aerospace industries.
High demand in the automotive industry in Europe is expected to drive product demand in the region during the forecast period.
Competitive Analysis
Some of the manufacturers operating in the global antimony market are Amspec Chemical Corporation (US), Artemis Resources (Australia), BASF SE (Germany), Campine (Belgium), Huachang Antimony Industry (China), Korea Zinc Co., Ltd (South Korea), Recylex (France), United States Antimony Corporation (US), Nihon Seiko Co., Ltd (Japan), Umicore (Belgium), Mandalay Resources Ltd. (Canada), American Elements (US), and Belmont Metals (US).
Request For Sample Report Here @
https://www.marketresearchfuture.com/sample_request/6337
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Phone: +16468459312
Email: [email protected]
Read More Related Article:
https://www.marketresearchfuture.com/reports/technical-ceramics-market-5359
https://www.marketresearchfuture.com/reports/polyaryletherketone-market-5368
https://www.marketresearchfuture.com/reports/auto-catalyst-market-5362
https://www.marketresearchfuture.com/reports/release-coatings-market-5374
A plethora of players of all sizes is what makes the global antimony market increasingly competitive, finds Transparency Market Research (TMR).
In recent years, large-sized companies in the antimony market have bolstered their positions by investing substantially in research and development activities.
In the coming years, they are likely to focus on leveraging the potential of acquisition of regional players to consolidate their geographic footprint, which also might help them to hold their sway in the global antimony market.However, TMR observes relatively several small players enjoy stronghold in the market with their large customer base, which they will try to expand further.
These measures, on the other hand, may be countered by big players who mull entering into strategic alliances in the global antimony market.Some of the top players operating in the global antimony market are Nihon Seiko Co., Ltd., AMG Advanced Metallurgical Group NV, United States Antimony Corp., Seiko Co., Belmont Metals Inc., and the Future Interfaces Group.The global antimony market is projected to expand at a promising CAGR of 6.0% during 2017 – 2022 and reach a worth of US$2000 million by the end of this period.Among the various end-use applications of antimony, flame retardants and lead-acid batteries jointly are expected to hold major share in the global market throughout the forecast period.
Though the former segment holds a major share, the later one is forecast to rise at a higher CAGR during 2017–2022.
On the regional front, Asia-Pacific excluding Japan (APEJ), held the major share, vis-à-vis sales revenue, in the global antimony market in 2017.
