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Antimony Market: The global market is expected to grow from $01 billion in 2022 to $05 billion by 2033

PRESS RELEASE

Published March 13, 2023

Newsmantraa

According to the report, the global Antimony market is expected to grow from $01 Billion in 2022, which is expected to reach $05 Billion by 2033, growing at the CAGR of 9% from 2023 to 2033. The antimony market refers to the global trade of antimony, which is a metalloid element that is widely used in various industries. Antimony is a relatively rare element that is extracted from the mineral stibnite and is typically used in the form of antimony trioxide (Sb2O3) or antimony ingots. The largest producers of antimony are China, Russia, and Tajikistan, which together account for a significant portion of the global supply. The primary use of antimony is in the manufacturing of flame retardants, which are used in a wide range of products, including electronics, textiles, and plastics.

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Key Highlights:

• The global Antimony Market size was valued at USD 01 billion in 2022 growing at a CAGR of 9% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has published a new market research report on Global Antimony Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Antimony market report also includes the following data points:

• COVID19 Impact on Antimony market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Antimony market

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