Published: 2023 June 01

Antimony Market Size, Share, Industry Trends, Value, Outlook, Growth and Market Forecast 2023 - 2030

SKU : CH480
180 pages
Report Summary
Table of Content

Global Antimony Market is segmented By Product Type (Metal Ingot, Antimony trioxide, Antimony pentoxide, Others), By Application (Flame Retardants, Plastic Additives, Lead-Acid Batteries, Glass & Ceramics, Others), By End-use Industry (Cosmetic, Electronic, Medicines, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029


Antimony Market Overview

Report analyses the Global Antimony Market size, shares, recent trends, competitive intelligence, and future market outlook. Demand from Electronic, Cosmetic, Medicines in Asia Pacific is rising. Competitive rivalry intensifies with Amspec Chemical Corporation, Recylex S.A, Yunnan Muli Antimony Industry Co and others operating in the market.

  • Antimony is a semi-metallic chemical element that exists in both metallic and non-metallic forms. One of the significant uses of antimony is in making an alloy with lead.
  • Lead-antimony alloys are used for solder, ammunition, fishing tackle, and batteries. The manufacture of lead storage batteries accounts for a significant share of the antimony market owing to the increasing demand for electric vehicles.
  • A small amount of antimony is also used in making transistors and diodes which are found in many consumer electrical devices. However, antimony poses many health and environmental hazards which cause a great hindrance to the growth of the market.


Antimony Market Scope and Summary



Market CAGR


Segments Covered

By Product Type, By Application, By End-Use Industry, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America


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Antimony Market Dynamics and Trends

  • The surging demand for electric vehicles and flame retardants are the primary market drivers. Lead-acid batteries form an integral part of electric cars, in which antimony is widely used to make lead-antimony binary alloys for the supports in the array.
  • Antimony is added to the material of the support grids of lead-acid batteries to impart desirable properties. Antimony can also be recycled from lead-acid batteries and has now become a prominent source of antimony.
  • Moreover, the increasing demand for antimony trioxide in the production of flame retardants, to manufacture household goods, including consumer electronics, clothing, and toys in developed countries, is expected to boost the growth of the market. The increasing use of antimony in manufacturing ammunition is also likely to drive the growth of the market.
  • For instance, in July 2018, the United States Antimony Corporation announced the successful testing of a new product, antimony trisulfide, which can be used as a primer component in center-fired ammunition.
  • However, antimony and its compounds are hazardous to human health, which might hamper the growth of the market. High exposure to antimony can lead to breathing disorders, skin irritation, and even lung cancer.
  • Moreover, stringent government regulations due to several environmental and health hazards might hinder the growth of the market.


Antimony Market Segmentation Analysis

  • The Global Antimony market is segmented by product type, end-use industry, and application.
  • By the end-user industry, the market is segmented into cosmetics, electronics, pharmaceuticals, and others.
  • By product type, the market is segmented into metal ingot, antimony trioxide, antimony pentoxide, alloys, and others.
  • By application, the market is segmented into flame retardants, plastic additives, lead-acid batteries, glass & ceramics, and others.
  • Lead-acid batteries and flame retardants are a significant application segment. Increasing demand for flame retardants in several end-user industries such as consumer electronics and plastics is the primary driver for the growth of the market.
  • Moreover, the surging demand for electric vehicles has increased the adoption of lead-acid batteries which are anticipated to boost the antimony market.


Global Antimony Market Geographical Analysis

  • The global Antimony market is segmented into the regions like North America, Europe, Asia Pacific, South America, and others. China is the largest producer, and consumer, and has the largest reserves of antimony in the world.
  • The market segments hold the largest market share during the forecast period.
  • The availability of vast reserves, and cheap and abundant labor in China, has driven the growth of the market in this region. However, stringent government regulations in China are expected to hinder the growth of the market.
  • The export restrictions in China to regulate illegal and unlicensed mines have led to a sudden and sharp increase in the global price of antimony decreased the amount of antimony that can be imported and increased the export tax, which might cause a hindrance in the growth of the market.


Antimony Market Companies and Competitive Scenario

  • The global Antimony market is fragmented with the majority of the production done in China. However, the stringent environmental regulations in China have led to many mine closures, and an increase in the Chinese imports of antimony concentrates.
  • Tajikistan is one of the major producers and sources of antimony outside of China. For instance, in July 2018, the Chinese company Tibet Huayu Mining and Tajikistan’s state-owned smelter Talco entered into a joint venture on a new gold and antimony mining project in Tajikistan.
  • This project is expected to produce 16,000tpy of antimony. Much of these concentrates are sent back to China where antimony is processed, predominantly for use in flame retardants.

Key Market Players

• Amspec Chemical Corporation
• Campine NV
• Mandalay Resources Corporation
• Nihon Seiko Co, Ltd
• NYACOL Nano Technologies, Inc.
• Recylex S.A.
• Tri-Star Resources Plc.
• United States Antimony Corporation
• Yunnan Muli Antimony Industry Co., Ltd.

Key Takeaways from this report

• Aerospace & Defense is the largest and fastest-growing end-use industry segment, owing to the high adoption in the US military applications.
• China is the largest producer, and consumer, and has the largest reserves of antimony in the world.
• China, with its vast reserves and cheap labor, is expected to be the fastest-growing region.
• The global antimony market is highly fragmented with the majority of the production in China.

The scope of the Report

The report covers the factors impacting the market, Porter 5 Forces, Competitive Landscape, Product Benchmarking, and company profiles. The antimony Market is segmented based on the end-user industry as cosmetics, electronic devices, and others. Based on the product type the market is segmented as – flame retardants, plastic additives, lead-acid batteries, glass & ceramics, and others. Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific, and the Middle East and Africa.

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What is the Antimony Market growth?
The market is growing at a CAGR of 7.08%.
Which region controlled the Global Antimony Market during 2023-2030?
North America region Controls and dominates the Global Antimony Market.
Who are the key players in Antimony Market?
Amspec Chemical Corporation, BASF SE, Campine NV, Mandalay Resources Corporation, Nihon Seiko Co, Ltd, NYACOL Nano Technologies, Inc., Recylex S.A., Tri-Star Resources Plc., United States Antimony Corporation, Yunnan Muli Antimony Industry Co., Ltd.
Which is the fastest growing region in the Antimony Market ?
Among all regions, Asia Pacific is the fastest growing market share during the forecast period.
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