The global antimony market size was estimated at USD 2.17 billion in 2023 and is estimated to grow at a CAGR of 6.1% from 2024 to 2030. The market expansion is significantly driven by increasing applications in flame retardants, lead-acid batteries, and semiconductors.

The demand for antimony stems from its key roles in flame retardants and lead-acid batteries, thanks to its properties like high heat resistance and electrical conductivity. Due to fire safety needs, it's vital in sectors such as construction, textiles, and electronics and is increasingly used in electric vehicle batteries in the automotive industry. This boosts its market as antimony enhances battery performance and longevity, aligning with the demand for sustainable transportation.

The antimony market is diverse but faces several challenges, including environmental issues from mining and processing, high energy consumption, elevated production costs, and supply chain vulnerabilities. Geopolitical tensions and regulatory barriers further complicate access to raw materials and market stability. Health concerns linked to antimony exposure add to the constraints, limiting adoption in industries careful of strict environmental regulations.

Antimony Market Segments Highlights

• Trioxides dominate the market due to their extensive applications in flame retardants, where antimony trioxide is a critical additive. It accounts for a significant share in the construction, textiles, and electronics industries, where stringent fire safety regulations necessitate effective fire protection measures.
• The flame retardants segment is expected to continue dominating, driven by stringent fire safety regulations across the construction, electronics, and textile industries. 
• Lead-acid batteries are the fastest-growing segment in the market. This growth is driven by increasing demand from the automotive sector, particularly for EVs, where antimony plays a crucial role in enhancing battery performance and longevity.
• In North America, the electronics sector remains a pivotal consumer of antimony compounds. The region's antimony market is characterized by steady demand from the electronics sector, where antimony is used in semiconductors and electronic components. 

Global Antimony Market Report Segmentation

This report forecasts revenue and volume growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global antimony market report on the basis of type, application, and region.

• Type Outlook (Volume, Kil0tons; Revenue, USD Billion, 2018 - 2030)
  • Trioxides
  • Alloys
  • Others
• Application Outlook (Volume, Kil0tons; Revenue, USD Billion, 2018 - 2030)
  • Flame Retardants
  • Lead Acid Batteries
  • Chemicals
  • Ceramics & Glass
  • Others
• Regional Outlook (Volume, Kil0tons; Revenue, USD Billion, 2018 - 2030)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa 

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