Global antimony market to reach 169,000 mt by 2010

Antimony trioxide is a major compound used in flame retardant formulations in plastic, textile, paint, and rubber industries. Worldwide antimony market is characterized by slow growth and a significant decline in prices in the past few years. Decline in demand forced several producers to cut down production and diversify their business. Price control measures taken by China, the largest producer of antimony, are likely to show a considerable impact on the market.

China is the leading antimony producer accounting for over 85% of global antimony and antimony trioxide market mine production, as stated by Global Industry Analysts, Inc. Other major producers include South Africa, Bolivia, Russia, Tajikistan, and Kyrgyzstan. Antimony trioxide is a major compound used in flame retardant formulations in plastic, textile, paint and rubber industries. Tajikistan is projected to be the fastest growing region with a CAGR of about 4.5% over the ten-year analysis period. Global antimony demand is primarily derived from the flame retardant sector that consumes 60-65% of the global antimony and 90% of global antimony trioxide produce. Plastics sector in Asia also forms a key consumer of antimony. As much as 80% of the Japanese output of antimony trioxide is consumed by the flame retardant sector. Antimony trioxide demand is forecast to surpass antimony metal demand.

Key players dominating the global antimony and antimony trioxide market include Gredmann Group, Hsikwangshan Twinkling Star, Metorex, Nanning Antimony Product Factory, SICA, United States Antimony Corporation, and Guangdong Jiefu.

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DONGGUAN JIEFU FLAME-RETARDED MATERIALS CO.,LTD
Sam Xu
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