![]() Rising product adoption for the production of lead-acid batteries, solders, pipes, castings and bearings for transistors, which form a crucial part of various consumer electronics, such as computers, calculators, portable stereos and gaming devices, is also providing a boost to the market growth. ![]() ATO is an inorganic element that is widely used with halogenated compounds to create a synergistic effect with flame retardant properties. The global market for antimony is being primarily driven by the increasing demand for antimony trioxide (ATO) for manufacturing flame retardants and plastic additives. Antimony is also a poor conductor of heat and electricity, owing to which it is commonly used in the manufacturing of semiconductor devices, including infrared detectors and diodes, batteries, low friction metals, flame-proofing materials, ceramic enamels and paints. It is extracted from ores, such as stibnite and valentinite, and is considered to be a stable element in dry air and static to alkalis and acids. The metallic form is hard, brittle and bright silvery-bluish in color, whereas the non-metallic form is available in the form of greyish powder. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.63% during 2023-2028.Īntimony refers to a lustrous grey chemical element that exists in both metallic and non-metallic forms. ![]() The global antimony market size reached US$ 2.0 Billion in 2022. ![]()
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