Market overview
The global antimony market is worth USD 4.3 bn in 2026 and is forecast to reach USD 6.1 bn by 2036, growing at a 3.5% CAGR. China is the largest country market and Antimony trioxide is the largest by product segment.
| Scope | Refined antimony metal, antimony trioxide and antimony compounds sold for flame retardants, lead-acid batteries, PET catalysts, glass, ammunition and solar glass, measured as contained antimony. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 4.2 bn |
| Value 2026 | USD 4.3 bn |
| Value 2036 | USD 6.1 bn |
| CAGR 2026-2036 | 3.5% |
| Volume 2026 | 115,000 tonnes |
| Volume 2036 | 179,370 tonnes |
| Average price 2026 | USD 37,800 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Antimony market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 4.3 bn |
| 2027 | USD 4.5 bn |
| 2028 | USD 4.7 bn |
| 2029 | USD 4.8 bn |
| 2030 | USD 5.0 bn |
| 2031 | USD 5.2 bn |
| 2032 | USD 5.3 bn |
| 2033 | USD 5.5 bn |
| 2034 | USD 5.7 bn |
| 2035 | USD 5.9 bn |
| 2036 | USD 6.1 bn |
Antimony market segmentation
By product
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Antimony trioxide | 62.0% | 61.5% | USD 2.7 bn | 3.4% |
| Antimony metal and alloys | 20.0% | 18.9% | USD 869 mn | 2.9% |
| Sodium antimonate and other compounds | 12.0% | 13.1% | USD 522 mn | 4.4% |
| Antimony pentoxide | 6.0% | 6.5% | USD 261 mn | 4.4% |
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Flame retardants | 42.0% | 40.2% | USD 1.8 bn | 3.1% |
| Lead-acid batteries and alloys | 16.0% | 13.2% | USD 696 mn | 1.6% |
| PET catalysts | 12.0% | 12.1% | USD 522 mn | 3.6% |
| Glass and ceramics (including solar glass) | 14.0% | 17.0% | USD 609 mn | 5.6% |
| Ammunition and defence | 8.0% | 9.7% | USD 348 mn | 5.6% |
| Other | 8.0% | 7.7% | USD 348 mn | 3.1% |
By source
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Primary mined stibnite | 71.0% | 66.0% | USD 3.1 bn | 2.8% |
| Recycled secondary | 11.0% | 15.0% | USD 478 mn | 6.8% |
| By-product and tailings recovery | 18.0% | 19.0% | USD 782 mn | 4.1% |
By purity grade
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Commercial grade | 58.0% | 54.0% | USD 2.5 bn | 2.8% |
| High-purity grade | 32.0% | 34.0% | USD 1.4 bn | 4.1% |
| Ultra-high-purity grade | 10.0% | 12.0% | USD 435 mn | 5.4% |
By supply channel
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Direct long-term contracts | 47.0% | 45.0% | USD 2.0 bn | 3.0% |
| Traders and distributors | 38.0% | 38.0% | USD 1.7 bn | 3.5% |
| Spot and stockpile sales | 15.0% | 17.0% | USD 652 mn | 4.8% |
Top 25 countries for antimony by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 86.5% of 2026 revenue and the 25 countries below together hold 96.5%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 1.7 bn | 38.0% | USD 2.3 bn | 3.2% |
| 2 | United States | USD 652 mn | 15.0% | USD 938 mn | 3.7% |
| 3 | Japan | USD 304 mn | 7.0% | USD 399 mn | 2.7% |
| 4 | Germany | USD 217 mn | 5.0% | USD 282 mn | 2.6% |
| 5 | South Korea | USD 217 mn | 5.0% | USD 313 mn | 3.7% |
| 6 | India | USD 174 mn | 4.0% | USD 319 mn | 6.2% |
| 7 | Belgium | USD 152 mn | 3.5% | USD 196 mn | 2.6% |
| 8 | Italy | USD 130 mn | 3.0% | USD 172 mn | 2.8% |
| 9 | Taiwan | USD 130 mn | 3.0% | USD 178 mn | 3.1% |
| 10 | Malaysia | USD 130 mn | 3.0% | USD 215 mn | 5.1% |
| 11 | France | USD 43 mn | 1.0% | USD 56 mn | 2.7% |
| 12 | United Kingdom | USD 40 mn | 0.9% | USD 53 mn | 2.8% |
| 13 | Mexico | USD 38 mn | 0.9% | USD 57 mn | 4.2% |
| 14 | Brazil | USD 35 mn | 0.8% | USD 50 mn | 3.5% |
| 15 | Thailand | USD 35 mn | 0.8% | USD 53 mn | 4.2% |
| 16 | Vietnam | USD 33 mn | 0.8% | USD 53 mn | 4.9% |
| 17 | Turkey | USD 30 mn | 0.7% | USD 45 mn | 4.2% |
| 18 | Canada | USD 28 mn | 0.6% | USD 39 mn | 3.5% |
| 19 | Poland | USD 28 mn | 0.6% | USD 42 mn | 4.1% |
| 20 | Spain | USD 25 mn | 0.6% | USD 36 mn | 3.5% |
| 21 | Netherlands | USD 25 mn | 0.6% | USD 33 mn | 2.8% |
| 22 | Russia | USD 23 mn | 0.5% | USD 32 mn | 3.5% |
| 23 | Indonesia | USD 20 mn | 0.5% | USD 32 mn | 5.0% |
| 24 | Australia | USD 17 mn | 0.4% | USD 25 mn | 3.5% |
| 25 | South Africa | USD 15 mn | 0.3% | USD 21 mn | 3.5% |
| Rest of world | USD 152 mn | 3.5% | USD 226 mn | 4.0% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Hsikwangshan Twinkling Star
- Hunan Gold Group
- Campine
Group 2: Regional and specialist players
- United States Antimony Corporation
- Mandalay Resources
- Oxkem
- Nyrstar
- Larvotto Resources
- Yiyang Huachang Antimony Industry
Group 3: Emerging and niche players
- Nihon Seiko
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the antimony market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 3.5% is calculated from the resulting values.
The market is divided by product, by end use, by source, by purity grade, by supply channel. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the antimony market?
The global antimony market is estimated at USD 4.2 bn in 2025 and USD 4.3 bn in 2026.
How fast will the antimony market grow?
It is forecast to reach USD 6.1 bn by 2036, a compound annual growth rate of 3.5% from 2026, an increase of USD 1.8 bn.
Which country is the largest market for antimony?
China is the largest market by revenue at USD 1.7 bn in 2026, 38.0% of the global total. The three largest countries together hold 60.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 6.2% a year from 2026 to 2036.
Which antimony segment is largest?
In the by product split, Antimony trioxide is the largest segment with 62.0% of 2026 revenue.
Who are the leading antimony companies?
Global leaders include Hsikwangshan Twinkling Star, Hunan Gold Group, Campine.
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