Bismuth Market
Regions Covered
China
Global
Regions Covered
China
Global
Global bismuth mine production is expected to reach 10670 tons by 2018. The mine production improved by 2% Y-o-Y in 2017, reaching 10410 tons. The global mine production of bismuth was about 10,200 tons in 2016, a decline of 1% Y-o-Y compared to 2015. China holds nearly 65% of the bismuth reserves and continues to dominate the global market accounting 75% of the global bismuth consumption. In China, owing to environmental and safety regulations, the number of operating bismuth producers have been reduced, from between 70 and 80 in 2016 to between 40 and 50 in 2017. Small- and medium-sized producers were forced to shut down for upgrades to meet stricter regulations, reducing domestic output by at least 25%. Bismuth market in APAC is expected to have higher growth rates due to an increase in investments in manufacturing activities especially in China and India.
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