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Global Antimony Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Include BASF SE, Campine NV, Huachang Antimony Industry, AMG Advanced Metallurgical Group, Hunan Chenzhou Mining Group Co. Ltd
Antimony Market
Antimony Market Size, Growth Rate, And Forecast
The global antimony market size grew from $4.17 billion in 2022 to $4.54 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The antimony market size is expected to grow to $6.31 billion in 2027 at a CAGR of 8.6%.
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Antimony Market Drivers
The increasing fire accidents and stringent fire safety regulations are expected to propel the growth of the antimony market. According to fire safety rules, prevention is the first step in avoiding fire-related accidents. As a result of an increase in fire accidents, demand for fire safety regulations, led to an increase in antimony production as antimony is commonly used as a flame inhibitor in fire-resistant apparel, flame retardants, and various fire protection systems.
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Antimony Market Segments
• By Type: Antimony Trioxide, Antimony Pentoxide, Alloys, Metal Ingots, Other Types
• By Application: Flame retardant, Plastic additives, Lead acid batteries, Glass & ceramics, Other Applications
• By End User Industry: Chemical, Automotive, Electrical & electronics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Antimony market.
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Antimony Market Key Players
Major competitors in the Antimony market include BASF SE, Campine NV, Huachang Antimony Industry, AMG Advanced Metallurgical Group, Hunan Chenzhou Mining Group Co. Ltd., Lambert Metals International, Mandalay Resources Ltd., Nihon Seiko Co. Ltd.
The Business Research Company's "Global Antimony Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Antimony Market Include:
1. Executive Summary
2. Antimony Market Characteristics
3. Antimony Market Trends And Strategies
4. Antimony Market - Macro Economic Scenario
5. Antimony Market Size And Growth
…….
28. Key Mergers And Acquisitions In The Antimony Market
29. Antimony Market Future Outlook and Potential Analysis
30. Appendix
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