The global market for Antimony was valued at US$2.1 Billion in 2024 and is projected to reach US$3.2 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Another significant driver for the antimony market is the expanding use in the automotive and battery industries. Antimony is crucial in the manufacture of lead-acid batteries, which are widely used in cars, trucks, and other vehicles. Despite the growth of lithium-ion batteries in the electric vehicle sector, lead-acid batteries continue to see substantial use in conventional vehicles and as backup power sources in renewable energy and telecommunication sectors. The reliability and cost-effectiveness of these batteries support ongoing demand for antimony.
Moreover, antimony is seeing increased interest in the technology sector, particularly in the creation of semiconductors. The metalloid's properties allow for the development of diodes and infrared detectors, which are critical components in a wide range of electronic devices. Furthermore, as research into antimony's potential for use in next-generation battery technologies and its role in microelectronics continues to advance, its market could see further expansion. This, combined with ongoing industrial growth and heightened fire safety standards, positions antimony for sustained relevance and demand in the global market.
Antimony Market - Key Trends and Drivers
Antimony is a brittle, lustrous gray metalloid that is found predominantly in the mineral stibnite. Known for its ability to increase hardness and strength when alloyed with other metals, antimony is widely used in lead-acid batteries, flame retardants, and in the manufacturing of various alloys. Its compounds are also used in the production of glass, ceramics, and semiconductors, and it plays a role in the treatment of certain tropical diseases such as leishmaniasis. The growth in the antimony market is primarily driven by its application in flame retardants. As global standards for fire safety continue to tighten, particularly in construction and automotive industries, the demand for effective flame-retardant materials is on the rise. Antimony trioxide, one of the most common compounds of antimony, is used extensively in combination with halogenated compounds to produce flame-retardant solutions for textiles, plastics, and building materials. This demand is expected to increase as urbanization leads to higher requirements for fire safety in densely populated areas.Another significant driver for the antimony market is the expanding use in the automotive and battery industries. Antimony is crucial in the manufacture of lead-acid batteries, which are widely used in cars, trucks, and other vehicles. Despite the growth of lithium-ion batteries in the electric vehicle sector, lead-acid batteries continue to see substantial use in conventional vehicles and as backup power sources in renewable energy and telecommunication sectors. The reliability and cost-effectiveness of these batteries support ongoing demand for antimony.
Moreover, antimony is seeing increased interest in the technology sector, particularly in the creation of semiconductors. The metalloid's properties allow for the development of diodes and infrared detectors, which are critical components in a wide range of electronic devices. Furthermore, as research into antimony's potential for use in next-generation battery technologies and its role in microelectronics continues to advance, its market could see further expansion. This, combined with ongoing industrial growth and heightened fire safety standards, positions antimony for sustained relevance and demand in the global market.
Report Scope
The report analyzes the Antimony market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Product (Trioxides, Alloys, Other Products); Application (Flame Retardant, Plastic Additives, Lead Acid Batteries, Glass & Ceramics, Other Applications); End-Use (Chemical, Automotive, Electrical & Electronics, Other End-Uses).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Antimony Trioxides segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 7.8%. The Antimony Alloys segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $541.7 Million in 2024, and China, forecasted to grow at an impressive 11% CAGR to reach $786.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as American Elements, AMG Advanced Metallurgical Group N.V., Amspec Chemical Corporation, Atomized Products Group, Inc., Belmont Metals, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Antimony Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Antimony Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Antimony Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 62 major companies featured in this Antimony market report include:
- American Elements
- AMG Advanced Metallurgical Group N.V.
- Amspec Chemical Corporation
- Atomized Products Group, Inc.
- Belmont Metals, Inc.
- Campine NV
- Geopromining Investment (CYP) Ltd.
- Hsikwangshan Twinkling Star Co., Ltd.
- Korea Zinc Co., Ltd.
- Lambert Metals International Limited
- Lanxess AG
- Mandalay Resources Ltd.
- Nihon Seiko Co., Ltd.
- NYACOL Nano Technologies, Inc.
- Recylex S.A.
- Suzuhiro Chemical Co., Ltd.
- Tri-Star Resources Plc
- Umicore
- United States Antimony Corporation
- Yiyang City Huachang Antimony Industry Co., Ltd.
- Yunnan Muli Antimony Industry Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Elements
- AMG Advanced Metallurgical Group N.V.
- Amspec Chemical Corporation
- Atomized Products Group, Inc.
- Belmont Metals, Inc.
- Campine NV
- Geopromining Investment (CYP) Ltd.
- Hsikwangshan Twinkling Star Co., Ltd.
- Korea Zinc Co., Ltd.
- Lambert Metals International Limited
- Lanxess AG
- Mandalay Resources Ltd.
- Nihon Seiko Co., Ltd.
- NYACOL Nano Technologies, Inc.
- Recylex S.A.
- Suzuhiro Chemical Co., Ltd.
- Tri-Star Resources Plc
- Umicore
- United States Antimony Corporation
- Yiyang City Huachang Antimony Industry Co., Ltd.
- Yunnan Muli Antimony Industry Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 2.1 Billion |
Forecasted Market Value ( USD | $ 3.2 Billion |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Global |