Market Size of Antimony Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 152.73 metric kilotons |
| Market Volume (2029) | 189.06 metric kilotons |
| CAGR (2024 - 2029) | 4.33 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Antimony Market Analysis
The Antimony Market size is estimated at 152.73 metric kilotons in 2024, and is expected to reach 189.06 metric kilotons by 2029, growing at a CAGR of 4.33% during the forecast period (2024-2029).
- Due to the COVID-19 outbreak, nationwide lockdowns around the world, disruption in mining activities and supply chains, production halts, and labor unavailability negatively impacted the antimony market. However, the increasing demand from various end users will likely drive the market during the forecast period.
- The major factors driving the market study include the rising demand for flame retardant products, increasing demand from PET manufacturers, and growing demand from the plastic industry.
- Substitutes for antimony in major applications and environmental and health concerns related to antimony are expected to significantly hinder the growth of the market studied.
- Recovery of antimony from recycled products is likely to act as an opportunity in the future.
- Asia-Pacific is expected to dominate the global market during the forecast period. It is also expected to register the highest CAGR during the forecast period due to rising demand for antimony in flame retardants, batteries, ceramics and glass, and catalyst applications.
