Complexity of various industries

The Latin American market is projected to witness considerable growth due to the growing food & beverage and cosmetics industries, especially in Brazil and Argentina. It occurs naturally in the earth’s crust and forms minerals such as stibnite, kermesite, and valentite. North America accounted for the second-largest market share in 2017 on account of the high demand for antimony in the food & beverage, aerospace, and cosmetics industries in the region. Antimony is used as a strengthening agent for lead alloys in the manufacturing of lead acid batteries, which are extensively used in electric vehicles as they are reliable, can deliver high currents, and have a low internal impedance and indefinite shelf life when stored without an electrolyte. The metallic form of antimony is silvery-white in color and brittle whereas the non-metallic form is a grey powder. The growth of the global antimony market is primarily driven by the increasing use of the element as a flame retardant in major industries such as building and construction, automotive, electrical and electronics, and aerospace. The market in the Middle East & Africa is also likely to grow due to the demand of antimony as a flame retardant in the building and construction industry. The market in Asia-Pacific dominated the global antimony market in 2017 due to the high demand in end-use industries.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. It is also used in making transistors for electrical devices such as computers, gaming devices, pocket calculators, and portable stereos. Additionally, the rising demand for cosmetics such as kohl, which uses antimony, is expected to propel market growth during the forecast period.Key Players and Pipe Fittings Caps Wholesalers Competition AnalysisSome of the manufacturers operating in the global antimony market are Amspec Chemical Corporation (US), Artemis Resources (Australia), BASF SE (Germany), Campine (Belgium), Huachang Antimony Industry (China), Korea Zinc Co. At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. Based on application, the global antimony market has been segmented into flame retardants, stabilizers, catalysts, alloy strengthening agents, semiconductors, enamels, and others.marketresearchfuture. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Regional AnalysisThe global antimony market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. According to the International Antimony Association, antimony compounds such as antimony trioxide, antimony tris, sodium antimonate can be used as polycondensation catalysts for the manufacturing of polyethylene terephthalate (PET). The growing chemicals and electronics industries in India, China, and Japan are driving the demand for antimony in the region.Segmentation AnalysisThe global antimony market has been segmented on the basis of type, application, end-use industry, and region. Stringent regulations for environmental protection and reduction of CO2 emissions are expected to fuel market growth during the forecast period.(South Korea), Recylex (France), United States Antimony Corporation (US), Nihon Seiko Co. For instance, the European Union has set an emission reduction target of 95 grams of CO2 per kilometer, the fleet average to be achieved by all new cars. Antimony is used to manufacture solder, steel and pipe metals, bearings, and castings., Ltd (Japan), Umicore (Belgium), Mandalay Resources Ltd (Canada), American Elements (US), and Belmont Metals (US). On the basis of type, the market has been categorized as antimony ingot, antimony trioxide, alloys, and others.Browse the market data and information spread across 140 pages with 47 data tables and 12 figures of the report “Antimony market outlook by worldwide Product current Trends Growth and Type forecast to 2023” in-depth alongside table of content (TOC).

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