Global Antimony Market Estimated to Grow Speedily: Surging Demand for Electric Vehicles Drives Adoption During 2017-2022
The global market for antimony is projected to exhibit an impressive CAGR throughout the forecast period (2017-2022). Also, global sales of antimony are estimated to surpass US$ 2,000 Mn by 2022-end. According to a new study, which has been added to the massive database of Market Research Hub (MRH), the adoption of metal for manufacturing fireproof automotive ancillaries has been increasing in China since the recent past. This has influenced demand for antimony mainly because of its heat stabilizing property.
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