Antimony Market Key Players, Trends, Growth Opportunities and
Industry Forecast till 2023
“Increase in demand for flame retardants with regards to
consumer electronics, household products, toys, clothing,
rise in demand for gadgets like tablets, calculators, smart
watches, smartphones, etc. are some of the driving factors
of antimony market.”
Global antimony market is estimated to grow considerably in the years to come owing to the rapid development
in metal and electronic industries. Antimony is a chemical element that occurs naturally. The semi-metallic
chemical is present in chemical compounds like antimony (II) sulfide. Pure antimony is used to manufacture
different types of semiconductor devices like infrared detectors and diodes. It is a bad conductor of heat and
electricity and expands on cooling. Antimony is extremely traditional element that holds wide applications.
Increase in demand for flame retardants with regards to consumer electronics, household products, toys,
clothing, rise in demand for gadgets like tablets, calculators, smart watches, smartphones, etc. are some of the
driving factors of antimony market. Composites are widely used as a substitute to all the traditional materials
in multiple applications in construction, aerospace, automobile, etc.
Additionally, growing demand for safety policies and increasing use for plastic additive application is
encouraging the market growth. Hence, fiberglass composites are also fueling the market growth since they
possess high strength property. However, overexposure of antimony is expected to affect human health
adversely and the environment, which will ultimately hamper the market growth.
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Investigation of new developed antimony reserves and recycling of antimony are expected to bring more
opportunities in the market. Nevertheless, the rising geo-political tension is expected to challenge the market.
The market is categorized on the basis of product type, application, end user and geography. On the basis of