Stratview Research has recently published a report on the Strontium Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Strontium Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Strontium Market  is likely to witness a CAGR of 6.2% during the forecast period.

Some of the companies drives the market growth:

• 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.

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Segment Analysis

By Product Type

The market is segmented as strontium carbonate, strontium sulfate, and strontium nitrate. Strontium carbonate is expected to witness significant growth rate in the market during the forecast period owing to its widespread usage in fireworks as an oxidizer and colorant.

By Application Type

The market is segmented as electrical & electronics, pyrotechnic, medical & dental, personal care, and paints & coatings. The pyrotechnic segment is anticipated to register high growth rate in the market as strontium is often used as an affordable colorant in fireworks.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis

• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

• Market trend and forecast analysis

• Market segment trend and forecast

• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

• Attractive market segments and associated growth opportunities

• Emerging trends

• Strategic growth opportunities for the existing and new players

• Key success factors.

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