Antimony

Global Antimony Market to Reach US$3.2 Billion by 2030

The global market for Antimony estimated at US$2.1 Billion in the year 2024, is expected to reach US$3.2 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2024-2030. Trioxides, one of the segments analyzed in the report, is expected to record a 7.8% CAGR and reach US$2.1 Billion by the end of the analysis period. Growth in the Alloys segment is estimated at 6.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$541.7 Million While China is Forecast to Grow at 11.0% CAGR

The Antimony market in the U.S. is estimated at US$541.7 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$786.4 Million by the year 2030 trailing a CAGR of 11.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.0% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.0% CAGR.

Antimony  - 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.

SCOPE OF STUDY:

The report analyzes the Antimony market in terms of units by the following Segments, and Geographic Regions/Countries:

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.

Select Competitors (Total 62 Featured) -

• 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.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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