[111 Pages Report] The Antimony Market was valued at USD 1.64 billion in 2017 and is projected to reach USD 2.37 billion by 2023, at a CAGR of 6.0% during the forecast period. Increased demand for antimony trioxide (ATO) in flame retardant and plastic additives application is driving the demand for antimony, globally.

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The flame retardant segment is projected to be the largest application segment of the antimony market during the forecast period, in terms of both value and volume, owing to the high demand for antimony trioxide as a flame synergist in plastics, furniture, mattresses, fabrics, and others.

China is the major exporter of antimony. Antimony shipments from China are sometimes delayed owing to stringent scrutiny on exports through the border with Vietnam. The geopolitical situation along the borders of China and Vietnam often leads to the shutdown of antimony exports on the Vietnam-China border. This border area is also a popular smuggling route, which further attracts more scrutiny. The Vietnam-China border is, thus, under multiple layers of scrutiny and suppliers find it difficult to export. Thus, overcoming geopolitical tensions to enable smoother supply of antimony is a big challenge for stakeholders in the antimony market

The market for antimony has a diversified and established ecosystem comprising upstream players, such as raw material suppliers and downstream stakeholders, manufacturers, vendors, and end users of antimony, as well as various government organizations. Leading players operating in the antimony market include AMG Advanced Metallurgical Group (Netherland), Mandalay Resources (Canada), United States Antimony Corporation (USAC) (US), Korea Zinc (South Korea), and Recyclex (France).

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