(PRWEB) January 13, 2015
According to the research report, around 163,000 tons of antimony ores were manufactured across the globe in 2013, of which China accounted for 130,000 tons, dominating the market with holding a total share of 79.75% of the global antimony industry. However, from 2014, due to inadequate domestic supply, weak downstream demand, and lower operating rate of antimony product manufacturers, the product output of China for January 2014 to October 2014 declined to 212,263 tons, which was around 15.23% down year on year. As a result, antimony concentrate output of China reflected a minor drop, to 101,193 tons over the same period, a decrement of 5.03% year on year. Also, in the initial 10 months of 2014, top 3 Chinese provinces were Yunnan, Hunan, and Guangxi, whose collective output contributed for 90% of the total Chinese antimony Industry.
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In terms of the consumption of antimony in China, the largest application in this regard is flame retardant, which is accounted for approximately 50% of the total consumption. In recent past, the demand for flame retardant has increased in auto parts industry, w automotive plastic parts holding around 10% of the total auto weight. In near future, as automobile industry develops, the flame retardant consumption of China will witness an AAGR of 5%.
The research report mainly focuses on some factors such as global antimony reserves, demand, and output, policies about antimony industry in China, including these on exploitation cap and export quotas, antimony reserves and distribution of China, output, concentrates, and distribution of antimony, products, antimony demand and its structure, and key antimony applications, major antimony price, current trends and market clash pattern, import & export volume of antimony products and concentrates of China, and 10 main antimony associated enterprises in China.
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Chenzhou Mining Group Co., Ltd., China Antimony Chemicals, Hechi Nanfang Nonferrous Metal Smelt, Hunan Nonferrous Metals Corp. Ltd., Guangxi China Tin Group, Yunnan Muli Antimony Industry, Guangxi YoungSun Chemicals, Guizhou Dongfeng Mining Group Co., Ltd., Hechi Wuji Co., Ltd., and Guangxi Guangtian Smelting Co., Ltd. are the main players of the antimony industry of China.
The research report analyzes the future prospects of Chinese antimony industry minutely and presents detailed information about the market that helps the players and the stakeholders to understand the market better and make correct decisions.
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