Allied Market Research

2024

Strontium Carbonate Market

Strontium Carbonate Market Size, Share, Competitive Landscape and Trend Analysis Report by Grade and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

Select an option
Author's: | Eswara Prasad
Publish Date:

Get Sample to Email

Strontium Carbonate Market Outlook - 2026

Strontium carbonate is the carbonate salt of strontium, with chemical formula SrCO3. It occurs in the form of strontianite and celestine mineral ores. Strontianite is composed of strontium carbonate, while celestine is composed of strontium sulfate. These two are the only minerals that contain strontium in an amount enough to make its recovery practical. Strontium does not occur as a free element in nature, due to its high reactivity to air and water. It exists in the form of its compounds, majorly as carbonate and sulfate salts. It is a white or grey hygroscopic powder compound. It is a tasteless and odorless white powder and is widely used in numerous industries such as electronics, metallurgy, chemicals, and glass. 

It is also used in the production of strontium ferrite magnets, which are employed in magneto-optic mediums, small electric motors, recording mediums, microwave devices, and in the electronics & communication industry. Thus, the growth in the electronics market is expected to boost the demand for strontium carbonate, since it is widely used in making cathode ray tubes for television sets. In addition, the rise in usage of strontium carbonate in glass, ceramic, and metallurgical industry boosts the market growth. However, strontium carbonate is hazardous to human as it causes eye, skin, and body irritation, which restrains the market growth. Meanwhile, the increase in technological advancements and investments on R&D activities further offer healthy growth opportunities for this market. 

The strontium carbonate market is segmented into grade, application, and region. By grade, it is bifurcated into electronic grade and industrial grade. By application, it is segmented into bone health, frit manufacturing, novel nanoparticle, fireworks manufacturing, pyrotechnics, ceramics, electromagnets, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa). 

Some of the key players operating in the global Strontium Carbonate Market are Muby Chemicals, Solvay, American Elements, Celtic Chemicals Ltd., Sakai Chemical Industry Co. Ltd., Zaozhuang Yongli Chemical Co. Ltd., Shijiazhuang Zhengding Jinshi Chemical Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Prakash Brothers, and Abassco.

Key Benefits for Stakeholders:

  • The strontium carbonate market size has been analyzed across four major regions.
  • Porter’s five force analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies.
  • The report outlines the current market trends and future scenario of the strontium market size to understand the prevailing opportunities and potential investment pockets. 
  • Major countries in each region have been mapped according to their individual revenue contribution to the regional market and illustrate the market share.
  • The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
  • The market analysis covers in-depth information of major industry participants and market forecast.

 

Questions Answered in the Strontium Carbonate Market Research Report:

  • What is the growth rate of the strontium carbonate market during the forecast period?
  • What will be the global strontium carbonate market size?
  • What are the leading manufacturing companies in the strontium carbonate market?
  • How the major current trends will shape the market in the future?
  • What are the driving factors and opportunities in the market?
  • Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
  • Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
  • What are the conclusions of the strontium carbonate Market report?

Strontium Carbonate Market Report Highlights

Aspects Details
Strontium Carbonate Market By Grade
By Grade
  • Electronic Grade
  • Industrial Grade
Strontium Carbonate Market By Application
By Application
  • Bone Health
  • Frit Manufacturing
  • Novel Nanoparticle
  • Fireworks Manufacturing
  • Pyrotechnics
  • Ceramics
  • Electromagnets
  • Others
Strontium Carbonate Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players
Key Market Players

Celtic Chemicals Ltd., American Elements, Solvay, Shijiazhuang Zhengding Jinshi Chemical Co. Ltd., Prakash Brothers, Hebei Xinji Chemical Group Co. Ltd., Abassco, Muby Chemicals, Zaozhuang Yongli Chemical Co. Ltd., Sakai Chemical Industry Co. Ltd.

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

Strontium Carbonate Market

Global Opportunity Analysis and Industry Forecast, 2023-2032