Antimony Tin Oxide Market Research Report- Global Industry Analysis, Size, Growth and Forecast to 2024- Hexa Research
Hexa Research
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Antimony Tin Oxide Market Research Report- Global Industry Analysis, Size, Growth and Forecast to 2024- Hexa Research
The global antimony tin oxide( ATO) market is expected to witness substantial growth over the forecast period on account of increasing demand from its end-users industries such as electronic industry, textile industry and painting and coating industry, chemical industry and micro equipment industry. Antimony tin oxide is used in electronics in touch systems and LCD technology. In resistive touch screen, two layers of electrically conductive material are which are made up of ATO separated by insulated dots. The touch screen is an important electronic market segment in smart TV and mobile phone manufacturing industry. The changing market trend in mobile phones and increasing demand for touch screen phones is expected to drive the market for antimony tin oxide. Furthermore, use of ATO as additives in plastic is expected to foster the demand in the market owing to the increasing demand in plastics market and related industries such as, automotive and consumer appliances. However, increasing health risks and demand for biodegradable plastics is expected to hinder market growth.
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