Industry: Chemical & Material
Published Date: 2025-06-04
Pages: 169 Pages
Report ld: 4751553
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Bismuth Market Size(US$)

CAGR 2025-2031
-7.12%
Market Size,2031
USD 215
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Bismuth market is projected to grow from US$ 335 million in 2025 to US$ 215 million by 2031, at a Compound Annual Growth Rate (CAGR) of -7.1% during the forecast period.
The evolving U.S. tariff policy posed substantial volatility risks to global markets. This report provides a comprehensive assessment of trade barrier escalations and cross-border counterstrategies, analyzing their multidimensional impacts on industrial competition patterns, geo-economic integration, and transnational value chain realignments.
Bismuth (symbol: Bi) is a brittle, crystalline, post-transition metal with atomic number 83. It is the heaviest stable element in the periodic table's nitrogen group (Group VA). Characterized by its low thermal conductivity, strong diamagnetism (highest among metals), and low melting point (271.5°C), bismuth exhibits a distinctive iridescent oxide layer that gives it a pinkish hue.
Chemically, it is relatively inert under standard conditions but reacts with strong acids and oxidizing agents. Though traditionally labeled as non-radioactive, bismuth has an extraordinarily long alpha decay half-life (~1.9×10¹⁹ years), making it technically radioactive but effectively stable for practical purposes.
Evolution of the supply and demand pattern
The intensification of supply concentration: China's bismuth reserves account for 75% of the global total, and its production share exceeds 80%. Moreover, the main production areas are subject to dual constraints of environmental protection policies (such as the impact of the Central environmental protection inspection team's entry into Hunan in 2024 on raw material supply) and export controls (such as the restrictions on the export of bismuth metal products in 2025), which will further intensify the global supply tightness in the short term.
Diversified expansion of demand
Emerging industry-driven: The demand for high-purity bismuth in fields such as photovoltaic welding strips, semiconductor materials, and superconducting research is growing rapidly, with the demand for photovoltaic welding strips accounting for 13%.
The upgrading of the pharmaceutical and electronic industries: The application proportion of high-purity products such as bismuth nitrite and bismuth oxide in the manufacturing of pharmaceuticals (gastrointestinal drugs) and electronic components has been increasing year by year.
Price and market fluctuations
Short-term high price fluctuations: Affected by China's export control, traders' stockpiling and overseas essential demand purchases (European prices rose to 9.5 US dollars per pound), the price of bismuth exceeded 130,000 yuan per ton in 2025. In the future, it may continue to fluctuate with policy adjustments and international supply and demand games.
Long-term cost pressure is emerging: The static reserve-production ratio of global bismuth resources is only 24 years, and the restricted development of main minerals (the decline in the grade of lead and zinc ores) may lead to an increase in raw material costs.
Policies and strategic opportunities
Global supply chain reshaping: The United States and other Western countries rely on China for bismuth supplies (about 66% of the United States' imports come from China), but they have no domestic reserves and the research and development of substitutes lags behind, providing an opportunity for Chinese enterprises to compete for pricing power.
Green transformation promotion: Bismuth, as a "green metal", is gradually replacing toxic materials such as lead and cadmium. Environmental protection policies (such as the EU REACH regulation) will stimulate the penetration of high-purity bismuth in fields such as flame retardants and eco-friendly coatings.
In terms of production side, this report researches the Bismuth production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of Bismuth by region (region level and country level), by company, by Type and by Application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for Bismuth, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2020 - 2025, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Bismuth, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Bismuth, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Bismuth sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Bismuth market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Bismuth sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Beijing GeoEnviron Engineering and Technology, Henan Jinli Gold and Lead Group, Masan High-Tech Materials, Guixi Dasanyuan Industrial (Group), 5N Plus, Shinning Star Nonferrous Metals, Taigu Shengde nonferrous metals, Fortune Minerals, Vital Advanced Materials, Henan Yuguang Gold and Lead, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Bismuth production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Bismuth in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Bismuth manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Bismuth sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Bismuth Product Introduction
1.2 Market by Type
1.2.1 Global Bismuth Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 0.9999
1.2.3 0.99999
1.3 Market by Application
1.3.1 Global Bismuth Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Industry
1.3.3 Medical
1.3.4 Electronic
1.3.5 Cosmetics
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Bismuth Production
2.1 Global Bismuth Production Capacity (2020-2031)
2.2 Global Bismuth Production by Region: 2020 VS 2024 VS 2031
2.3 Global Production by Region
2.3.1 Global Bismuth Production by Region (2020-2031)
2.3.2 Global Bismuth Production Market Share by Region (2020-2031)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Bismuth Revenue Estimates and Forecasts 2020-2031
3.2 Global Revenue by Region
3.2.1 Global Bismuth Revenue by Region: 2020 VS 2024 VS 2031
3.2.2 Global Bismuth Revenue by Region (2020-2031)
3.2.3 Global Bismuth Revenue Market Share by Region (2020-2031)
3.3 Global Bismuth Sales Estimates and Forecasts 2020-2031
3.4 Global Sales by Region
3.4.1 Global Bismuth Sales by Region: 2020 VS 2024 VS 2031
3.4.2 Global Bismuth Sales by Region (2020-2031)
3.4.3 Global Bismuth Sales Market Share by Region (2020-2031)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Sales by Manufacturers
4.1.1 Global Bismuth Sales by Manufacturers (2020-2025)
4.1.2 Global Bismuth Sales Market Share by Manufacturers (2020-2025)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Bismuth in 2024
4.2 Global Revenue by Manufacturers
4.2.1 Global Bismuth Revenue by Manufacturers (2020-2025)
4.2.2 Global Bismuth Revenue Market Share by Manufacturers (2020-2025)
4.2.3 Global Top 10 and Top 5 Companies by Bismuth Revenue in 2024
4.3 Global Bismuth Sales Price by Manufacturers (2020-2025)
4.4 Global Key Players of Bismuth, Industry Ranking, 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Bismuth Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Bismuth, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Bismuth, Product Offered and Application
4.8 Global Key Manufacturers of Bismuth, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Sales by Type
5.1.1 Global Bismuth Historical Sales by Type (2020-2025)
5.1.2 Global Bismuth Forecasted Sales by Type (2026-2031)
5.1.3 Global Bismuth Sales Market Share by Type (2020-2031)
5.2 Global Revenue by Type
5.2.1 Global Bismuth Historical Revenue by Type (2020-2025)
5.2.2 Global Bismuth Forecasted Revenue by Type (2026-2031)
5.2.3 Global Bismuth Revenue Market Share by Type (2020-2031)
5.3 Global Price by Type
5.3.1 Global Bismuth Price by Type (2020-2025)
5.3.2 Global Bismuth Price Forecast by Type (2026-2031)
6 Market Size by Application
6.1 Global Sales by Application
6.1.1 Global Bismuth Historical Sales by Application (2020-2025)
6.1.2 Global Bismuth Forecasted Sales by Application (2026-2031)
6.1.3 Global Bismuth Sales Market Share by Application (2020-2031)
6.2 Global Revenue by Application
6.2.1 Global Bismuth Historical Revenue by Application (2020-2025)
6.2.2 Global Bismuth Forecasted Revenue by Application (2026-2031)
6.2.3 Global Bismuth Revenue Market Share by Application (2020-2031)
6.3 Global Price by Application
6.3.1 Global Bismuth Price by Application (2020-2025)
6.3.2 Global Bismuth Price Forecast by Application (2026-2031)
7 US & Canada
7.1 US & Canada Market Size by Type
7.1.1 US & Canada Bismuth Sales by Type (2020-2031)
7.1.2 US & Canada Bismuth Revenue by Type (2020-2031)
7.2 US & Canada Market Size by Application
7.2.1 US & Canada Bismuth Sales by Application (2020-2031)
7.2.2 US & Canada Bismuth Revenue by Application (2020-2031)
7.3 US & Canada Market Size by Country
7.3.1 US & Canada Bismuth Revenue by Country: 2020 VS 2024 VS 2031
7.3.2 US & Canada Bismuth Revenue by Country (2020-2031)
7.3.3 US & Canada Bismuth Sales by Country (2020-2031)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Market Size by Type
8.1.1 Europe Bismuth Sales by Type (2020-2031)
8.1.2 Europe Bismuth Revenue by Type (2020-2031)
8.2 Europe Market Size by Application
8.2.1 Europe Bismuth Sales by Application (2020-2031)
8.2.2 Europe Bismuth Revenue by Application (2020-2031)
8.3 Europe Market Size by Country
8.3.1 Europe Bismuth Revenue by Country: 2020 VS 2024 VS 2031
8.3.2 Europe Bismuth Sales by Country (2020-2031)
8.3.3 Europe Bismuth Revenue by Country (2020-2031)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Market Size by Type
9.1.1 China Bismuth Sales by Type (2020-2031)
9.1.2 China Bismuth Revenue by Type (2020-2031)
9.2 China Market Size by Application
9.2.1 China Bismuth Sales by Application (2020-2031)
9.2.2 China Bismuth Revenue by Application (2020-2031)
10 Asia (excluding China)
10.1 Asia Market Size by Type
10.1.1 Asia Bismuth Sales by Type (2020-2031)
10.1.2 Asia Bismuth Revenue by Type (2020-2031)
10.2 Asia Market Size by Application
10.2.1 Asia Bismuth Sales by Application (2020-2031)
10.2.2 Asia Bismuth Revenue by Application (2020-2031)
10.3 Asia Market Size by Region
10.3.1 Asia Bismuth Revenue by Region: 2020 VS 2024 VS 2031
10.3.2 Asia Bismuth Revenue by Region (2020-2031)
10.3.3 Asia Bismuth Sales by Region (2020-2031)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Market Size by Type
11.1.1 Middle East, Africa and Latin America Bismuth Sales by Type (2020-2031)
11.1.2 Middle East, Africa and Latin America Bismuth Revenue by Type (2020-2031)
11.2 Middle East, Africa and Latin America Market Size by Application
11.2.1 Middle East, Africa and Latin America Bismuth Sales by Application (2020-2031)
11.2.2 Middle East, Africa and Latin America Bismuth Revenue by Application (2020-2031)
11.3 Middle East, Africa and Latin America Market Size by Country
11.3.1 Middle East, Africa and Latin America Bismuth Revenue by Country: 2020 VS 2024 VS 2031
11.3.2 Middle East, Africa and Latin America Bismuth Revenue by Country (2020-2031)
11.3.3 Middle East, Africa and Latin America Bismuth Sales by Country (2020-2031)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Beijing GeoEnviron Engineering and Technology
12.1.1 Beijing GeoEnviron Engineering and Technology Corporation Information
12.1.2 Beijing GeoEnviron Engineering and Technology Overview
12.1.3 Beijing GeoEnviron Engineering and Technology Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.4 Beijing GeoEnviron Engineering and Technology Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Beijing GeoEnviron Engineering and Technology Recent Developments
12.2 Henan Jinli Gold and Lead Group
12.2.1 Henan Jinli Gold and Lead Group Corporation Information
12.2.2 Henan Jinli Gold and Lead Group Overview
12.2.3 Henan Jinli Gold and Lead Group Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.4 Henan Jinli Gold and Lead Group Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Henan Jinli Gold and Lead Group Recent Developments
12.3 Masan High-Tech Materials
12.3.1 Masan High-Tech Materials Corporation Information
12.3.2 Masan High-Tech Materials Overview
12.3.3 Masan High-Tech Materials Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.4 Masan High-Tech Materials Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Masan High-Tech Materials Recent Developments
12.4 Guixi Dasanyuan Industrial (Group)
12.4.1 Guixi Dasanyuan Industrial (Group) Corporation Information
12.4.2 Guixi Dasanyuan Industrial (Group) Overview
12.4.3 Guixi Dasanyuan Industrial (Group) Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.4 Guixi Dasanyuan Industrial (Group) Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Guixi Dasanyuan Industrial (Group) Recent Developments
12.5 5N Plus
12.5.1 5N Plus Corporation Information
12.5.2 5N Plus Overview
12.5.3 5N Plus Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.4 5N Plus Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 5N Plus Recent Developments
12.6 Shinning Star Nonferrous Metals
12.6.1 Shinning Star Nonferrous Metals Corporation Information
12.6.2 Shinning Star Nonferrous Metals Overview
12.6.3 Shinning Star Nonferrous Metals Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.4 Shinning Star Nonferrous Metals Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Shinning Star Nonferrous Metals Recent Developments
12.7 Taigu Shengde nonferrous metals
12.7.1 Taigu Shengde nonferrous metals Corporation Information
12.7.2 Taigu Shengde nonferrous metals Overview
12.7.3 Taigu Shengde nonferrous metals Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.4 Taigu Shengde nonferrous metals Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Taigu Shengde nonferrous metals Recent Developments
12.8 Fortune Minerals
12.8.1 Fortune Minerals Corporation Information
12.8.2 Fortune Minerals Overview
12.8.3 Fortune Minerals Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.4 Fortune Minerals Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Fortune Minerals Recent Developments
12.9 Vital Advanced Materials
12.9.1 Vital Advanced Materials Corporation Information
12.9.2 Vital Advanced Materials Overview
12.9.3 Vital Advanced Materials Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.4 Vital Advanced Materials Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Vital Advanced Materials Recent Developments
12.10 Henan Yuguang Gold and Lead
12.10.1 Henan Yuguang Gold and Lead Corporation Information
12.10.2 Henan Yuguang Gold and Lead Overview
12.10.3 Henan Yuguang Gold and Lead Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.4 Henan Yuguang Gold and Lead Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Henan Yuguang Gold and Lead Recent Developments
12.11 HuNan YuTeng Nonferrous Metals
12.11.1 HuNan YuTeng Nonferrous Metals Corporation Information
12.11.2 HuNan YuTeng Nonferrous Metals Overview
12.11.3 HuNan YuTeng Nonferrous Metals Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.4 HuNan YuTeng Nonferrous Metals Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 HuNan YuTeng Nonferrous Metals Recent Developments
12.12 Hunan Shizhuyuan Nonferrous Metals
12.12.1 Hunan Shizhuyuan Nonferrous Metals Corporation Information
12.12.2 Hunan Shizhuyuan Nonferrous Metals Overview
12.12.3 Hunan Shizhuyuan Nonferrous Metals Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.12.4 Hunan Shizhuyuan Nonferrous Metals Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Hunan Shizhuyuan Nonferrous Metals Recent Developments
12.13 Yanggu Xiangguang Copper
12.13.1 Yanggu Xiangguang Copper Corporation Information
12.13.2 Yanggu Xiangguang Copper Overview
12.13.3 Yanggu Xiangguang Copper Bismuth Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.13.4 Yanggu Xiangguang Copper Bismuth Product Model Numbers, Pictures, Descriptions and Specifications
12.13.5 Yanggu Xiangguang Copper Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Bismuth Industry Chain Analysis
13.2 Bismuth Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Bismuth Production Mode & Process
13.4 Bismuth Sales and Marketing
13.4.1 Bismuth Sales Channels
13.4.2 Bismuth Distributors
13.5 Bismuth Customers
14 Bismuth Market Dynamics
14.1 Bismuth Industry Trends
14.2 Bismuth Market Drivers
14.3 Bismuth Market Challenges
14.4 Bismuth Market Restraints
15 Key Findings in the Global Bismuth Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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