Antimony Market Size And Forecast
According to Verified Market Research, Global Antimony Market was valued at USD 13.06 Billion in 2018 and is projected to reach USD 16.78 Billion by 2026, growing at a CAGR of 3.17% from 2019 to 2026.
Frequently Asked Questions (FAQs)
Global Antimony Market Outlook
The demand for antimony is surging in the market owing to its flame-resistant property. The element is widely exploited to produce various flame-retardant chemicals. It is used as a plastic additive to add the heat resistant property to plastics. Also, antimony is used in the automobile industry to prepare automotive brake and clutch parts, therefore raising its demand. Moreover, increasing fire safety regulations and norms have fueled the demand for antimony. However, antimony has been classified as a carcinogenic element and therefore it is the biggest restraint of the market.
Global Antimony Market Competitive Landscape
The Global Antimony Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Nihon Seiko Co., Ltd., Huachang Antimony Industry, Recyclex, Korea Zinc, AMG Advanced Metallurgical Group, United States Antimony Corporation, Mandalay Resources Ltd.
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