1/28/2024 0 Comments Antimony costThe market for fiberglass composites is expected to grow at a fast pace. It is widely used due to its better heat-resistant and chemical-resistant properties. Resin mixed with antimony is stirred frequently to keep the materials well-mixed. Antimony compounds are added directly to the resin, and they are dispersed using normal mixing equipment. ![]() Key Market Trends Increasing Usage in Fiberglass Composite ApplicationsĪntimony is used as an additive in fiberglass composites. ![]() Recovery of antimony from recycled products is likely to act as an opportunity in the future.Īsia-Pacific is expected to dominate the global market during the forecast period. Substitutes for antimony in major applications are expected to significantly hinder the growth of the market studied. ![]() The major factors driving the market studied include the rising demand for flame retardant products and increasing demand from PET manufacturers. However, the increasing demand from various end users will likely drive the market during the forecast period. The antimony market is expected to register a CAGR of greater than 5% during the forecast period.ĭue to the COVID-19 outbreak, nationwide lockdown around the world, disruption in mining activities and supply chains, production halts, and labor unavailability have negatively impacted the antimony market.
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