The global antimony market is segmented and analyzed for demand and supply by type into alloys and trioxides, out of which, the trioxides segment is anticipated to hold a notable share in the global antimony market during the forecast period on account of its higher utilization in pigments, rising production of ceramics, increasing fire accidents as antimony trioxide is flame-resistant agents and rising use in staining of copper and iron. Antimony trioxides are also utilized in the decolorizing of glass. For instance, the revenue of the dyes and pigments industry is projected to reach about USD 1100 million by the year 2015.
The global antimony market is also segmented and analyzed for demand and supply by the end-user industry into automotive, chemical, electronics, and others. Out of these segments, the chemical industry segment is anticipated to garner the highest market share. This can be owed to the use of antimony to create lead-acid batteries and flame retardants, apart from alloys. The use of lead-acid batteries is bound to increase as electric vehicles (EVs) become more widespread. For instance, it is estimated that there are more than 18 million EVs on the road, globally.
Our in-depth analysis of the global antimony market includes the following segments:
By Type |
|
By Application |
|
By End-User Industry |
|
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?