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Strontium - Market Demand | Recent Trends and Developments Analysis 2025

New research report on Strontium market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Strontium market also includes an in-depth study of the industry's competitive scenario.

Sturdy strontium consumption for pyrotechnic maneuvers in Asia Pacific registered the maximum market share i.e. over 35% of the total industry size in 2017. Nations such as China, India, UAE etc. possesses the most no. of festive junctures, owing to which the demand for fireworks and pyrotechnic is very substantial in the region directly enhancing the strontium market during the expected timespan. Moreover, the product finds an extensive application in the electricals and electronic industry due to its thermodynamic and mechanical features. It is generally used in electronics industry for making cathode ray tubes (CRT) that are expended in computer monitors and TV sets as display methods. Additionally, the product?s shift towards the eco-friendly alternatives are further surging the strontium market by the projected period.

Strontium Market is forecast to exceed USD 650 million; according to a new research report.

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Application in electronics & electrical for strontium market registers a CAGR more than 5% by the projected timespan. It is broadly used in electronics industry due to its exceptional thermodynamic and mechanical features. Formerly, 75% of the strontium was utilized in manufacturing CRT tubes to eradicate the x-ray emissions. Although, currently this application is abating due to the innovations in modern display methods. Presently, the highest product application is attributed by the pyrotechnic industry, directly augment the strontium market in the coming years.

Strontium - Market Demand | Recent Trends and Developments Analysis 2025
Strontium - Market Demand | Recent Trends and Developments Analysis 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/12568

The products widespread application in fireworks incurs strict government regulations to restrict the increasing air pollution. Due to which the strontium market would face some negative pull on the complete product industry size. However, the invention of new compounds such as strontium ranelate will bring new opportunities for the product market as it is beneficial in increasing bone formation and prevent bone loss. These additional benefits of strontium would positively boost the strontium market in the projected timespan.

North America strontium market is expected to swell at a CAGR exceeding 5% by 2025. The region shall witness moderate gains over the projected timeframe due to declining utilization of CRT?s across electronic industry. This is primarily due to shifting customer preference towards flat screen televisions. Nevertheless, the low cost of CRT tubes may provide a significant upliftment to the strontium market share in the near future.

Strontium carbonate recorded more than 55% of the total industry size in 2017. Strontium carbonate is a tasteless, odorless, white powder used widely in the production of fireworks and flares. Strontium and its compounds emit the red color flame. However, the carbonate salt is mostly preferred due to its minimal cost and hygroscopic feature. It is also used for the production of luminous paints, iridescent glass, refining sugar, etc. that will expand the strontium industry during the projected time period.

Strontium market is remarkably competitive, with numerous important companies responsible for the total market size. The major players include Prochem Inc., BassTech International, Sakai Chemicals, Solvay etc.

Strontium research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:

Strontium market, product by application

o Strontium Carbonate

Electrical & electronics

Pyrotechnic

Medical & dental

Personal care

Paints & coatings

Others

o Strontium Sulfate

Electrical & electronics

Pyrotechnic

Medical & dental

Personal care

Paints & coatings

Others

o Strontium Nitrate

Electrical & electronics

Pyrotechnic

Medical & dental

Personal care

Paints & coatings

Others

o Others

Electrical & electronics

Pyrotechnic

Medical & dental

Personal care

Paints & coatings

Others

Strontium market by application

o Electrical & electronics

o Pyrotechnic

o Medical & dental

o Personal care

o Paints & coatings

o Others

Major Highlights from Table of contents are listed below for quick lookup into Strontium Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Strontium Market
  • Product trends
  • Application trends

Chapter 3. Strontium Industry Insights

  • Strontium Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Strontium industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Strontium Market Technology & innovation landscape
  • Industry impact forces
  • Strontium Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Strontium Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Strontium Market
  • SWOT Analysis

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