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Antimony Market Size, Share, Demand, Growth & Trends by 2032

The global antimony market is predicted to reach a value of US$ 2.9 Bn by 2032, with sales growing at an average CAGR of 4% from 2022 to 2032. Valued at US$ 1.7 Bn in 2021, the target market will likely reach an estimated US$ 2 Bn by the end of 2022. Application in flame retardants and lead acid batteries will fuel the growth of the antimony market during the forecast period. As a chemical element, antimony, can be both metallic and nonmetallic. While the metallic form is a bright silvery material that is brittle, the nonmetallic form of antimony is a grey powder. Antimony acts as a stable element that is inert to acids and alkalis in a dry environment and expands on cooling. It is an ineffective conductor of electricity and heat. Antimony, as an element, has thus gain widespread application since time immemorial and will likely continue to do so over the next few years which bodes well for the overall market growth.  Request a Sample to Obtain Authentic Analysis @...

Antimony Market to reach USD 2.9 Billion by 2032 – Future Market Insights

Non-metallic form of antimony is grey powder. Antimony is a chemical element and exists in both metallic and non-metallic forms. The metallic form is bright silver and brittle material.  Antimony  is a stable element in dry air and is inert to acids and alkalis. Antimony expands on cooling and is a bad conductor of electricity and heat. Antimony is among the oldest known element to mankind and has been used for varied applications since 4000 BC. Antimony is available freely in nature and also can be extracted from ores such as valentinite and stibnite. The global antimony market is likely to be worth US$ 2 Billion in 2022 and is expected to reach USD 2.9 Billion by 2032, growing at a 4% CAGR from 2022 to 2032. Elemental antimony is present in relatively small amount owing to high reactivity of antimony with sulfur, lead, silver and copper. Stibnite is the commonly used ore for extracting antimony, ores of antimony are crushed and then antimony is hand sorted from...