According to a new market report published by Lucintel, the future of the antimony trioxide market looks promising with opportunities in the markets of electrical and electronics, building and construction, packaging, and others. The global antimony trioxide market is expected to reach an estimated $1.8 billion by 2027 with a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are increasing safety and security measures for smoke and flammability and growth in end use industries such as construction and electrical & electronics.
Browse 109 market data tables and 134 figures spread through 178 pages and in-depth TOC on “Global Antimony Trioxide Market"
In this market, antimony trioxide is used as synergist, catalyst, clarifying agent, and pigment in various end use industries. Lucintel forecasts that flame retardant will remain the largest segment by application as it is used as a synergist in the halogenated flame retardant. Lucintel predicts that catalyst will witness the fastest growth during the forecast period due to the increasing demand of PET plastics and films in the packaging industry.
Within the antimony trioxide market, the electrical and electronics is expected to remain the largest segment 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 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.
Yiyang Huachang Antimony Industry, AMG Advanced Metallurgical Group, Campine NV, Nihon Seiko Co. Ltd., and Jiefu Corporation are among the major suppliers of antimony trioxide.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global antimony trioxide market by application, end use industry, function, and region and has come up with a comprehensive research report ntitled “Growth Opportunities in the Global Antimony Trioxide Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategies as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global antimony trioxide market by application, end use industry, function, and region as follows:
By Application [Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:
•Plastic
•Textile
•Rubber
•Glass
•Others
By End Use Industry [Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:
•Electrical and Electronics
•Building and Construction
•Packaging
•Others
By Function [(Kilotons) and $M shipment analysis from 2016 to 2027]:
•Synergist
•Catalyst
•Fining Agent
•Others
By Region [Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This 178-page 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 write us at helpdesk@lucintel.com.
About Lucintel
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This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?