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Antimony Trioxide Market Outlook – 2027
Antimony Trioxide (Sb2O3), an inorganic compound found in minerals valentinite and senarmontite, can be used as a co-synergist in halogenated flame retardants in plastics, rubber, paints, paper, textiles, and electronics industry. They can also be used as polymerization catalyst for polyethylene terephthalate production, an opacifier for porcelain and enamel, a clarifying agent for glass and as a white pigment for paint. It is soluble in aqueous solutions with hydrolysis like other polymeric oxides. It is non-combustible but gives off toxic and irritating fumes when it comes in contact with fire. The major producers of antimony trioxide are China, Russia, South Africa and Kyrgyzstan; whereas the major consumers are developed North American and European nations. However, the demand in developing nations in the Asia-Pacific region is also increasing significantly.
Market Scope and Structure Analysis
Antimony Trioxide market is mainly driven by its application as flame retardant in electrical & electronics industry, however, the demand in the construction industry is also growing due to more emphasis on safety measures against fire hazards. The market is expected to grow as the demand for Polyethylene Terephthalate (PET) plastics is growing considerably in the packaging industry.
COVID-19 Impact analysis
The impact of COVID 19 pandemic on antimony trioxide market has been adverse due to the halts in building and construction activities. On the other hand, the restrictions on cross-border trade disrupted the supply chain of antimony trioxide market. This led to a slowdown in the growth of the market. The lockdown across the globe also led to diminished demand for PET plastics, which are a major consumer of antimony trioxide. The sales of electrical and electronics also took a hit throughout the world during the pandemic period. All these factors in combination had a devastating effect on the market. However, the market is expected to rise again in the post pandemic period as the demand for the above mentioned products will be increasing sharply.
Top Impacting Factors
Market Trends
The demand of antimony trioxide is expected to grow at a steady rate in the post pandemic period, till the end of the forecast period. The major sources of demand are projected to be the developing nations of the Asia-Pacific and LAMEA region, due to growing rate of building and construction activities along with increased demand for electrical and electronics products for both personal and business purposes. The rapid development in the economy and industrialization in the developing nations has expanded the consumer base and offered an incredible opportunity for the antimony trioxide market to grow in the Asia-Pacific region. The demand for PET plastic across the globe for the purpose of food packaging containers and PET bottles is growing steadily, giving rise to the demand of antimony trioxide for its production.
Key Benefits of the Report
Questions answered in the Antimony Trioxide Report
Antimony Trioxide Market Report Highlights
Aspects | Details |
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By Application |
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By End Use Industry |
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By Function |
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By Region |
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Key Market Players | Hsikwangshan Twinkling Star, Almatis GmbH, Sherwin-Williams Company, Yiyang Huachang Antimony Industry. , Campine NV, Great Lakes Chemical Corporation, Jiefu Corporation, Minmetals Nihon Seiko, AMG Advanced Metallurgical Group, Voyager Group |
Others |
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