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Bismuth oxide has few commercial applicationshowever; none of applications use bismuth oxide on a large scale. Bismuthoxide is used as an ingredient in the pharmaceutical industries. However, the use of bismuth oxide in dental materials is slowly declining. Compounds such as bismuth oxychloride have a wide range of applications in the cosmetic industry. Bismuth oxide is used as a pigment in manufacturing paints for eye shadows, nail polishes and hair sprays. Growing cosmetic industry is expected to boost the overall demand for bismuth market. Bismuth oxide are widely used in manufacturing of several machineries such as automatic sprinkler systems for fires. Bismuth oxide is used as an alternative to lead and hence, has been used in range of applications where previously lead was used. Bismuth oxide is mainly used as an alternative for lead especially in the manufacturing of bullets, shots and other ammunition. Currently, bismuth oxide is being evaluated as a lead replacement in manufacturing free machining brasses especially for plumbing applications. Owing to its low toxicity bismuth oxide is used in the manufacturing of food processing equipments and other copper processing pipes. Growing food industry is expected to drive the overall growth in the demand for bismuth market. Bismuth oxide is also used in automobile industry.
Asia Pacific is expected to be the leading manufacturer of bismuth oxide. Presence of large scale bismuth manufacturers in China is expected to further boost the growth of the market. North America and Europe are expected to be the major consumers of bismuth oxide. The growing awareness about the hazardous effect of lead is further expected to augment the overall growth of the market.
Hunan Jinwang Bismuth Industrial Co., Ltd, The Shepherd Chemical Company and The Kurt J. Lesker Company are among the major participants of the bismuth oxide market. The company’s are mainly focused towards increasing their production capacity in order to reduce the overall demand supply gap.
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