Press release
Strontium Market, Industry Analysis Report, Regional Outlook,2016-2024
Global Strontium Market size is booming and is projected to attain a healthy CAGR of over 4% by 2024.Strontium is a silvery, soft alkali metal that has the tendency to burn in air and react with water. It is amongst the most abundant element found in the earth’s crust and is attained from two mineral sources namely celestine and strontianite.
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The strontium market size is estimated to grow based on its various applications including electronic, pyrotechnic, health & medical field, dental, paints & coating, automobile, R&D field and space technology field. The increasing product application in the electronics industry to manufacture CRT will significantly contribute towards high product demand in coming years. Also, the product use in the dental industry to prepare tooth sensitive paste is a growing trend and shall subsequently boost business growth by 2024.
Asia Pacific accounted for a major chunk of strontium market share in 2015. The region host major product consumer base in countries including China, Japan, Taiwan and India. Due to increasing use of firecrackers in these countries on festive occasions is a prominent factor towards high regional product demand. In addition, China and India are major producer of fire crackers, which substantially contributes in the regional industry growth.
The Strontium Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Strontium Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis 3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Strontium Product Insights
5. Strontium Application Insights
6. Strontium Regional Insights
7. Competitor Profiles
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The key global strontium market share contributors are Sakai Chemical Industry Co., Ltd., Solvay & CPC Barium Strontium GmbH & Co.KG, Bass Tech International, Evonik Degussa GmbH, Canteras Industriales S.L, Quimica Del Estroncio, S.A. and Timminco Ltd. Company Solvay & CPC Barium Strontium GmbH &Co.KG is a joint venture of companies of Solvay group to effectively manage strontium carbonate product grades, strontium nitrate business and other businesses across the globe.
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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