As a main product in salt industry, strontium carbonate has strong X-ray shielding function and unique physical-chemical properties. It is widely used in electronics, military industry, metallurgy, light industry, medicine and optics fields. It develops fast in world’s inorganic chemical materials.

Currently, Solvay is the only major manufacturer of Strontium Carbonate in Germany and Western Europe, strontium salt upstream products mainly rely on imports from China, which is reflected in China's cheap labor costs and environmental issues, with the development of technology in the next few years, more rational the emergence of technology, there will be more foreign manufacturers will enter into this field.

At present, the downstream market in China is relatively saturated, therefore, subject to major downstream manufacturers greatly troubled by export problems, which forced the domestic manufacturers continue to increase the amount of production technology, higher quality for strontium carbonate.

 

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Over all, although many factors that limit the development of the market, but because of the excellent quality of strontium carbonate, the coming years will greatly promote the development of the food additives industry. Therefore, we recommend that if you have a fixed downstream customer, still highly recommended to enter into this field.

 

According to this study, over the next five years the Strontium Carbonate market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 240 million by 2024, from US$ 200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Strontium Carbonate business, shared in Chapter 3.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Strontium Carbonate market by product type, application, key manufacturers and key regions and countries.

 

This study considers the Strontium Carbonate value and volume generated from the sales of the following segments:

 

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

 

• Industrial Grade
• Electronic Grade

 

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

 

• Glass
• Magnetic Materials
• Metal Smelting
• Other

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

 

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

 

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

 

• Solvay
• Honjo Chemical Corp
• Redstar
• Qinghai Jinrui Group
• Hebei Xinji Chemical Group
• Shijiazhuang Zhengding Jinshi Chemical
• Zaozhuang Yongli Chemcial
• To know more manufacturers

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

 

• To study and analyze the global Strontium Carbonate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Strontium Carbonate market by identifying its various subsegments.
• Focuses on the key global Strontium Carbonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Strontium Carbonate with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Strontium Carbonate submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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