Report Code: A05743 | Nov 2023 | Pages: NA | ||
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Request Now !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.Â
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.Â
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).Â
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.
Strontium Carbonate Market Report Highlights
Aspects | Details |
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By Grade |
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By Application |
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By Region |
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Key Market Players | Shijiazhuang Zhengding Jinshi Chemical Co. Ltd., Celtic Chemicals Ltd., American Elements, Sakai Chemical Industry Co. Ltd., Abassco, Muby Chemicals, Zaozhuang Yongli Chemical Co. Ltd., Prakash Brothers, Hebei Xinji Chemical Group Co. Ltd., Solvay |
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