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The report on Antimony market that has been recently added by Kenneth Research, offers a complete evaluation of the market and its growth prospects along with new business opportunities in the industry. Additionally, the report contains the market size and annual growth rate for a period of 8 years, i.e. forecast period between 2022 and 2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Antimony Market Products.
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According to the statistics by the Invest India, the market value of chemicals industry in India was estimated to be USD 178 billion during the period 2018-2019. Additionally, the data also stated that the demand for petrochemicals in the country is observing a steady growth and is further estimated to grow at a CAGR of 7.5% during 2019-2023. On the other hand, the market for agrochemicals is expected to register a CAGR of 8% during the same period and further attain a market value of USD 4.7 billion by the end of 2025.
Antimony is a chemical element that can exist in both non-metallic and metallic form. Though the non-metallic form is grey powder, the metallic form of antimony is a brittle material which is bright silver. Antimony is a bad conductor of heat and electricity, and it is freely available. It can react with chemicals like silver, sulfur, copper, lead etc.
End-user/Technology
Antimony is primarily used to increase the strength of lead in arms and ammunition. It is used in lead-acid batteries, flameproofing glass etc. As Antimony Trioxide is a compound used for the production of antimony, the common applications are textile, glass, plastics, glass etc.
Market Dynamics
Factors predicted to drive market growth and demand worldwide are as follows
Increasing demand for flame retardants and EV (Electric Vehicles) is pushing the demand for antimony
Increase in spending power is also a driver for this market
Challenges faced by this market are as follows
Health hazards like skin irritation, breathing disorder, lung cancer due to exposure to antimony
All these health hazards result in increasing regulations which again impede the growth
Market Segmentation
The global Antimony Market can be segmented in terms ofconsumption. In terms of consumption, it can be segmented into
North America
Europe
Middle East and Africa
South America
Asia Pacific
Regional/Geographic Analysis
Asia Pacific accounts for the largest market share as well as production due to high demand from China. As Chinese Government has imposed restrictions on exports of antimony. Also demand in Europe and North America is expected to increase, though at a slow rate, due to strict government regulations.
Key Players
Some of the major players include United States Antimony Corp., Hunan ChenZhou Mining Group Co., Yunna Muli Antimony industry, Recyclex GmbH etc.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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About Kenneth Research:
Kenneth Research is a multi-client market research database that aims at providing reports that help industry professionals including various individuals and organizations to identify the market trends and scope, thereby making it easier for them to take decisions and form strategies after complete assessment of the market. The various industries catered by the company include healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence and several others. Being a global market research reselling firm, Kenneth Research provides strategic business consultancy services at a global level and offers a single platform for the best market research reports.
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