Strontium Market Size, Emerging Trends, Forecasts, and Analysis 2022-2028

July 18, 2023

July 18^th,2023/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Strontium Market over the trend period from 2017 to 2021 and forecast period from 2022 to 2028. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Strontium Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Strontium Market is no different. Derived from the previous market scenario, The strontium market is estimated to grow from USD 377.78 million in 2021 to reach USD 582.36 million by 2028 at a CAGR of 6.27% during the forecast period. 

Key Players:

• Solvay S.A.
• Sakai Chemical Industry Co., Ltd.
• BassTech International
• Canteras Industriales S.L.
• Química del Estroncio SA
• Joyieng Chemical Limited
• Shenzhou Jiaxin Chemical Co., Ltd
• Pro Chem Inc.
• Chemalloy Co., Inc.
• NOAH Technologies Corporation.

The Strontium Market is segmented by–

• by Product Type (Strontium Carbonate, Strontium Sulfate, and Strontium Nitrate),
• by Application Type (Electrical & Electronics, Pyrotechnic, Medical & Dental, Personal Care, and Paints & Coatings),
• by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2040/Strontium-Market.html#form

Regional analysis:

Asia-Pacific is estimated to be the leading region in the market owing to the gradual increase in the usage of strontium and its compounds in the electrical and electronics and pyrotechnic industries in the APAC countries. The availability of massive Celestine mineral reserves in China is also expected to fuel the regional market progress over the assessment period. Europe and North America are also expected to offer substantial progress opportunities during the forecast period.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Author : Emily