According to the recent study the Antimony Trioxide Market is projected to reach an estimated $1.8 billion by 2027 from $1.3 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by increasing safety and security measures for smoke and flammability and growth in end use industries such as construction and electrical & electronics.
Browse 134 figures /
charts and 109 tables in this 178 -page report to understand trends,
opportunities and forecast in antimony trioxide market by application
(plastics, textile, rubber, glass, and others), end use industry (electrical
and electronics, building and construction, packaging, and others), function
(synergist, fining agent, catalyst, and others), and by region (North America,
Europe, Asia Pacific, and the Rest of the World).
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on below link https://www.lucintel.com/antimony-trioxide-market.aspx
“Catalyst market is expected to remain
the largest segment during the forecast period.”
Based on function, the
antimony trioxide market is segmented into synergist, fining agent, catalyst,
and others. Lucintel forecasts that the catalyst market is expected to remain
the largest segment due to the increasing demand of PET plastics and films in
the packaging industry.
“Within the antimony trioxide market, the electrical and
electronics segment is expected to remain the largest end use industry.”
Based on end use
industry the electrical and electronics segment is expected to witness the
highest growth over the forecast period due to the increasing demand for flame
retardants in various applications to increase the efficiency of the
halogenated flame retardant and reduce the flammability of polymers, wires
& cables, and plastics.
“Asia pacific will dominate the antimony trioxide market in near
future.”
Asia Pacific is expected
to remain the largest market by value and volume and witness the highest growth
over the forecast period due to the growing consumption of antimony trioxide in
flame retardant and catalyst application over its alternatives such as zinc
hydroxystannate, zinc stannates, and zinc borates.
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Major players of
antimony trioxide market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Yiyang
Huachang Antimony Industry, AMG Advanced Metallurgical Group, Campine NV, Nihon
Seiko Co. Ltd., Jiefu Corporation., Penox, Yunnan Muli Antimony Industry Co.,
Ltd., Hsikwangshan Twinkling Star Co. Ltd., Gredmann Group, Chemico Chemicals
Pvt. Ltd. are among the major antimony trioxide providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/antimony-trioxide-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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