Antimony Market Overview 2023: Market Size, Trends, Demand, Share And Industry Forecast To 2032 | BASF SE, Campine NV, Huachang Antimony Industry, AMG Advanced Metallurgical Group, Hunan Chenzhou Mining Group Co. Ltd

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Antimony Global Market Report 2023 identifies increasing fire accidents and stringent fire safety regulations as the major driver for the Antimony market's growth in the forecast period. 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.

The global antimony market size will grow 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 market size of the global antimony is expected to grow to $6.31 billion in 2027 at a CAGR of 8.6%.

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Major competitors in the Antimony market are BASF SE, Campine NV, Huachang Antimony Industry, AMG Advanced Metallurgical Group, Hunan Chenzhou Mining Group Co. Ltd.

A key trend in the Antimony market includes Strategic collaborations and joint ventures between companies. Companies producing antimony are undergoing partnerships and collaborations to develop new technologies and antimony products. For instance, in May 2021, United States Antimony, a company that produces antimony and sells antimony products, and Perpetua, a mining company that is based in the United States, signed a collaboration agreement. This potential partnership would provide the only antimony products mined and refined in the United States. Both companies benefit from the mine's proximity to US Antimony's processing facilities.

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The Antimony market is segmented -

1. By Type: Antimony Trioxide, Antimony Pentoxide, Alloys, Metal Ingots, Other Types
2. By Application: Flame retardant, Plastic additives, Lead acid batteries, Glass & ceramics, Other Applications
3. By End User Industry: Chemical, Automotive, Electrical & electronics, Other End-Users
4. 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.

The Business Research Company's "Global Antimony Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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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
……
26. Africa Antimony Market
27. Antimony Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antimony Market
29. Antimony Market Future Outlook and Potential Analysis
30. Appendix

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