According to a new market report published by Lucintel, the future of the antimony trioxide market looks promising with opportunities in the electrical & electronics, building & construction, and packaging industries. The global antimony trioxide market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.4 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this market are increasing safety and security measures for smoke and flammability in construction and electrical & electronics industries.
Browse 109 market data tables and 134 figures spread through 205 pages and in-depth TOC on “Global Antimony Trioxide Market"
To download report brochure, please go to https://www.lucintel.com/antimony-trioxide-market.aspx and click "report brochure"tab from the menu .
In this market, different types of antimony trioxide such as synergist, fining agent, catalyst, and others are used as function. On the basis of comprehensive research, Lucintel forecasts that synergist will remain the largest segment over the forecast period due to growing demand for halogenated flame retardant in building & construction and electronics market. Lucintel predicts that the catalyst segment is expected to witness the highest growth during the forecast period due to the increasing demand for PET in the packaging industry.
Within the antimony trioxide market, the electrical and electronics will remain the largest segment due to the increasing demand for halogenated flame retardants in various applications.
Asia Pacific will remain the largest region by value and volume and it is also expected to 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.
An emerging trend, which has a direct impact on the dynamics of the antimony trioxide industry, includes the increasing application of ultrafine antimony trioxide. Yiyang Huachang Antimony Industry, AMG Advanced Metallurgical Group, Campine NV, Nihon Seiko., and Jiefu Corporation and others are among the major antimony trioxide manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global antimony trioxide market by application, function, end use, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Antimony Trioxide Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy 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, function, end use, and region as follows:
By End Use Industry [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
Electrical and Electronics
Building and Construction
Packaging
Others
By Function [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
Synergist
Catalyst
Fining Agent
Others
By Application [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
Plastic
Textile
Rubber
Glass
Others
By Region [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
North America
Europe
Asia Pacific
The Rest of the World
This 205-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 helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.