Global Strontium Market 2024-2028

The strontium market is forecasted to grow by USD 101 mn during 2023-2028, accelerating at a CAGR of 4.22% during the forecast period. The report on the strontium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for ferrite magnets, increasing use of fireworks, and strontium carbonate is gaining traction in various application.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.86%
CAGR	4.22%
Incremental Value	$101mn

Technavio's strontium market is segmented as below:

By End-user

Ferrite ceramic magnets
Pyrotechnics
Medicines and others

By Type

Strontium carbonate
Strontium nitrate
Strontium sulphate
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing demand from glass and ceramic industries as one of the prime reasons driving the strontium market growth during the next few years. Also, increased use in healthcare applications and increased use of pyrotechnics in entertainment and movies will lead to sizable demand in the market.

The report on the strontium market covers the following areas:

Strontium market sizing
Strontium market forecast
Strontium market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading strontium market vendors that include American Elements, Central Drug House Pvt. Ltd., Divjyot Chemicals Pvt. Ltd., Foshan Nanhai Shuangfu Chemical Co. Ltd., Global Calcium Pvt. Ltd., Hunan CHMM Metallurgy Engineering Co. Ltd, Joshi Agrochem Pharma Pvt. Ltd., LONGCHANG CHEMICAL, Marine Chemicals, Otto Chemie Pvt. Ltd., Prakash Brothers, Reade International Corp., Sakai Chemical Industry Co. Ltd., Shandong RIYUSHENG International Trade Co. Ltd, Solvay SA, Suvchem, SUVIDHINATH LABORATORIES, Vizag Chemical International, Yingfengyuan Industrial Group Ltd., and Yogesh Agrawal and Co.. Also, the strontium market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR46415

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global strontium market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global strontium market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Ferrite ceramic magnets - Market size and forecast 2023-2028
Exhibit 34: Chart on Ferrite ceramic magnets - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Ferrite ceramic magnets - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Ferrite ceramic magnets - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Ferrite ceramic magnets - Year-over-year growth 2023-2028 (%)
6.4 Pyrotechnics - Market size and forecast 2023-2028
Exhibit 38: Chart on Pyrotechnics - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Pyrotechnics - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Pyrotechnics - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Pyrotechnics - Year-over-year growth 2023-2028 (%)
6.5 Medicines and others - Market size and forecast 2023-2028
Exhibit 42: Chart on Medicines and others - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Medicines and others - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Medicines and others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Medicines and others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by End-user
Exhibit 46: Market opportunity by End-user ($ million)
Exhibit 47: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Strontium carbonate - Market size and forecast 2023-2028
Exhibit 52: Chart on Strontium carbonate - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Strontium carbonate - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Strontium carbonate - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Strontium carbonate - Year-over-year growth 2023-2028 (%)
7.4 Strontium nitrate - Market size and forecast 2023-2028
Exhibit 56: Chart on Strontium nitrate - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Strontium nitrate - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Strontium nitrate - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Strontium nitrate - Year-over-year growth 2023-2028 (%)
7.5 Strontium sulphate - Market size and forecast 2023-2028
Exhibit 60: Chart on Strontium sulphate - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Strontium sulphate - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Strontium sulphate - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Strontium sulphate - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ million)
Exhibit 69: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 American Elements
Exhibit 123: American Elements - Overview
Exhibit 124: American Elements - Product / Service
Exhibit 125: American Elements - Key offerings
12.4 Central Drug House Pvt. Ltd.
Exhibit 126: Central Drug House Pvt. Ltd. - Overview
Exhibit 127: Central Drug House Pvt. Ltd. - Product / Service
Exhibit 128: Central Drug House Pvt. Ltd. - Key offerings
12.5 Divjyot Chemicals Pvt. Ltd.
Exhibit 129: Divjyot Chemicals Pvt. Ltd. - Overview
Exhibit 130: Divjyot Chemicals Pvt. Ltd. - Product / Service
Exhibit 131: Divjyot Chemicals Pvt. Ltd. - Key offerings
12.6 Global Calcium Pvt. Ltd.
Exhibit 132: Global Calcium Pvt. Ltd. - Overview
Exhibit 133: Global Calcium Pvt. Ltd. - Key offerings
12.7 Hunan CHMM Metallurgy Engineering Co. Ltd
Exhibit 134: Hunan CHMM Metallurgy Engineering Co. Ltd - Overview
Exhibit 135: Hunan CHMM Metallurgy Engineering Co. Ltd - Product / Service
Exhibit 136: Hunan CHMM Metallurgy Engineering Co. Ltd - Key offerings
12.8 Joshi Agrochem Pharma Pvt. Ltd.
Exhibit 137: Joshi Agrochem Pharma Pvt. Ltd. - Overview
Exhibit 138: Joshi Agrochem Pharma Pvt. Ltd. - Product / Service
Exhibit 139: Joshi Agrochem Pharma Pvt. Ltd. - Key offerings
12.9 LONGCHANG CHEMICAL
Exhibit 140: LONGCHANG CHEMICAL - Overview
Exhibit 141: LONGCHANG CHEMICAL - Product / Service
Exhibit 142: LONGCHANG CHEMICAL - Key offerings
12.10 Marine Chemicals
Exhibit 143: Marine Chemicals - Overview
Exhibit 144: Marine Chemicals - Product / Service
Exhibit 145: Marine Chemicals - Key offerings
12.11 Otto Chemie Pvt. Ltd.
Exhibit 146: Otto Chemie Pvt. Ltd. - Overview
Exhibit 147: Otto Chemie Pvt. Ltd. - Product / Service
Exhibit 148: Otto Chemie Pvt. Ltd. - Key offerings
12.12 Reade International Corp.
Exhibit 149: Reade International Corp. - Overview
Exhibit 150: Reade International Corp. - Product / Service
Exhibit 151: Reade International Corp. - Key offerings
12.13 Sakai Chemical Industry Co. Ltd.
Exhibit 152: Sakai Chemical Industry Co. Ltd. - Overview
Exhibit 153: Sakai Chemical Industry Co. Ltd. - Product / Service
Exhibit 154: Sakai Chemical Industry Co. Ltd. - Key offerings
12.14 Shandong RIYUSHENG International Trade Co. Ltd
Exhibit 155: Shandong RIYUSHENG International Trade Co. Ltd - Overview
Exhibit 156: Shandong RIYUSHENG International Trade Co. Ltd - Product / Service
Exhibit 157: Shandong RIYUSHENG International Trade Co. Ltd - Key offerings
12.15 Solvay SA
Exhibit 158: Solvay SA - Overview
Exhibit 159: Solvay SA - Business segments
Exhibit 160: Solvay SA - Key news
Exhibit 161: Solvay SA - Key offerings
Exhibit 162: Solvay SA - Segment focus
12.16 Yingfengyuan Industrial Group Ltd.
Exhibit 163: Yingfengyuan Industrial Group Ltd. - Overview
Exhibit 164: Yingfengyuan Industrial Group Ltd. - Product / Service
Exhibit 165: Yingfengyuan Industrial Group Ltd. - Key offerings
12.17 Yogesh Agrawal and Co.
Exhibit 166: Yogesh Agrawal and Co. - Overview
Exhibit 167: Yogesh Agrawal and Co. - Product / Service
Exhibit 168: Yogesh Agrawal and Co. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources
13.5 List of abbreviations
Exhibit 175: List of abbreviations