Antimony Market Report 2026

The antimony market size has grown strongly in recent years. It will grow from $4.94 billion in 2025 to $5.26 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growing demand for antimony trioxide in flame retardants, increasing use in lead-antimony alloys, rising consumption in glass and ceramics, expansion of automotive battery production, adoption in chemical manufacturing.

The antimony market size is expected to see strong growth in the next few years. It will grow to $6.65 billion in 2030 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to shift towards sustainable and recyclable antimony products, increasing demand in electrical and electronics applications, growth in high-purity antimony ingots, rising use in advanced plastic and polymer applications, expansion of specialty antimony compounds and mining by-products. Major trends in the forecast period include rising demand for flame retardant applications, growing adoption in lead-acid battery manufacturing, increasing use in plastic additives and polymer enhancement, expansion of antimony usage in glass and ceramics industry, rising focus on high-purity and recyclable metal ingots.

The growing demand for electric vehicles is expected to drive the expansion of the antimony market in the coming years. Electric vehicles, which are powered by electricity stored in batteries or fuel cells, use antimony in the production of lead-acid batteries and for other indirect applications in various components. For example, in 2024, the International Energy Agency (IEA), a France-based intergovernmental energy organization, reported that nearly 14 million new electric cars (BEV + PHEV) were registered globally in 2023, marking a 35% increase compared to 2022. As a result, the rising demand for electric vehicles is fueling the growth of the antimony market.

Major players within the antimony market are actively pursuing investments and funding initiatives to fortify their positions within the industry. These investments involve the allocation of financial resources, typically in the form of capital, to bolster specific projects, businesses, or strategic endeavors. For instance, in August 2023, Perpetua Resources Corp., a prominent US-based mining company, secured an Ordnance Technology Initiative Agreement (OTIA) potentially valued at up to $15.5 million. This agreement, obtained through the Department of Defense (DoD) under the Prototype Other Transaction (OT) authority, was facilitated via the DoD Ordnance Technology Consortium (DOTC).

In April 2024, Korea Zinc, a South Korea-based manufacturer and seller of non-ferrous metals, acquired Kataman Metals for $55 million. This acquisition is expected to enhance the company's recycling and resource circulation initiatives by providing access to a specialized platform. Moreover, it will link them with expert traders who possess a broader and more diverse network of scrap metal feedstock sources. Kataman Metals is a US-based supplier of antimony products.

Major companies operating in the antimony market report are China Minmetals Corporation, United States Antimony, GeoProMining Ltd., Tri-Star Resources PLC, China Antimony Trioxide Corporation, Consolidated Murchison Mine, Campine NV, Beaver Brook Antimony Mine Inc., Mandalay Resources Ltd, Hsikwangshan Twinkling Star Co. Ltd., Huachang Antimony Industry, Hunan Chenzhou Mining Group Co. Ltd., Yunnan Muli Antimony Industry Co. Ltd., China Antimony Chemicals Co. Ltd., Sarylakh-Surma and Zvezda, Antimony Metal Processing South Africa (Pty) Ltd., Guangxi Youngsun Chemicals Co. Ltd., Xikuangshan Antimony Company Limited, AMG Advanced Metallurgical Group, Nihon Seiko Co. Ltd., Belmont Metals.

Asia-Pacific was the largest region in the antimony market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the antimony market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the antimony market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The antimony market consists of sales of sodium stibogluconate, antimony trichloride, antimony oxychloride, metal alloys, and ceramics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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