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Bismuth Market Growth, Share, Company Profiles, Global Survey, Analysis and Forecast by 2019 - 2027
Bismuth Market Growth, Share, Company Profiles, Global Survey, Analysis and Forecast by 2019 - 2027
Strict government policies relating to environmental concerns are causing bismuth smelting to be shut down in several places. Furthermore, bismuth ingestion can result in renal and liver damage, and large dosages can be fatal.

Bismuth is an atomic number 83 chemical element with the symbol Bi. It is a radioactive post-transition metal and one of the pnictogens, with chemical characteristics similar to those of its lighter group 15 siblings arsenic and antimony.

As bismuth is a highly diamagnetic naturally occurring substance with a low melting point, it is gaining popularity in modern electronic goods. Bismuth can be found in a variety of modern electrical goods, including wearable electronics and foldable computer screens. In these applications, bismuth ferrite nanoparticles have emerged as a viable material. As a result, the increasing use of bismuth products in the manufacture of modern electrical devices is fueling bismuth market expansion.

Over the forecast period, the market for bismuth is expected to develop due to an increasing number of new entrants entering the market with high bismuth production capacity. The company is concentrating its efforts on the NICO gold, cobalt, bismuth, and copper project. Bismuth production is expected to begin by the end of 2017, with a capacity of 1,750 tonnes per year.

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