Strontium bromide Market, by Type (Strontium Bromide Hexahydrate and Strontium Bromide Anhydrous), by Application (Analytical Reagents, Pharmaceuticals, Water Treatment and others (Flares, etc.)), and by Region (North America, Latin America, Asia Pacific,

Strontium bromide Market, by Type (Strontium Bromide Hexahydrate and Strontium Bromide Anhydrous), by Application (Analytical Reagents, Pharmaceuticals, Water Treatment and others (Flares, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Strontium bromide is produced from raw strontium hydroxide. Strontium bromide is used in various applications within the production of analytical reagents, water treatment, and manufacturing of flares, and in pharmaceutical industries. The strontium bromide hexahydrate is used in production of pharmaceutical intermediate, for the production of drugs and drugs intermediates. The strontium bromide has been gaining increasing demand in various applications such as in the production of analytical reagents. The high purity and ultra-high purity compositions are known to improve its scientific standards of the analytical reagents for the better use in research and development field.

Market Dynamics:

The strontium bromide is been used as a water treatment chemical. The sustainable management of the water is one of the greatest challenges. The earth’s growing population is increasing the demand for the water for personal, industrial and agricultural use. For instance, according to the report published by semantic scholar in august 2019, the global water demand is projected to increase by 55% between 2000 and 2050. The bromide compound present in the strontium bromide improves the rate of recycling industrial water, the quality of industrial water discharge and the safety of recreational water facilities. Water impurities such as algae, fungi, bacteria and microbes can cause serious threats to both human health and the environment as well as to the safety and effectiveness of the industrial process, water purification, conservation and waste water treatment are process currently implemented in order to ensure an adequate and optimized use of water. Brominated compounds such as strontium bromide has the ability to kill harmful contaminants by combining with bacteria and other living organisms in water. The dissociation of the bromide compound forms hydrobromous acid (HBrO) which is helpful disinfectant properties.

The strontium bromide anhydrous, which is a type of strontium bromide is used as a sedative drug. Sedative drugs are substances that moderate activity and excitement while inducing a calming effect. Antianxiety and sedative drugs are used with a variety of different psychiatric disorders, usually in combination with other medications. In clinical therapeutics, sedative-hypnotics are used for the treatment of variety of diseases that affect the central nervous system, such as chronic and acute anxiety, anaesthesia, seizure control, and insomnia. According to a report by the American Academy of Sleep Medicine in June 2018, approximately one in four people in the U.S. develops insomnia every year. About 30% of the adults in the U.S. have symptoms of insomnia and up to 10% of adults are likely to develop chronic insomnia. Rise in prevalence of sleep disorders among individuals would subsequently lead to uptake of antianxiety drugs, thereby increasing the demand for sedative drugs in the near future. The growing use of sedatives is expected to drive the market growth for the strontium bromide globally.

Key features of the study:

  • This report provides an in-depth analysis of the global strontium bromide market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global strontium Bromide market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Shanghai Xinbao Fine Chemical, Chongqing Huaqi Fine Chemical, S.K. Chemical, Axiom Chemicals, Barium Chemicals, ProChem, Inc., Celtic Chemicals Ltd., City Chemical, Thermo Fisher Scientific Inc., Otto Chemie Pvt., Ltd., Vizag Chemicals, ACS Chemicals and Morre-Tec Industries, Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global strontium bromide market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global strontium bromide market
Detailed Segmentation:
  • Global Strontium Bromide Market, By Type:
  • Strontium Bromide Hexahydrate
  • Strontium Bromide Anhydrous
  • Global Strontium Bromide Market, By Application:
  • Analytical Reagents
  • Pharmaceuticals
  • Water Treatment
  • Others (Flares, etc.)
  • Global Strontium Bromide Market, By Region:
  • North America
  • By Country:
  • U.S.
  • Canada
  • Latin America
  • By Country:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • By Country:
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • By Country:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • By Country/Region:
  • Middle East
  • Africa
  • Company Profiles
  • Shanghai Xinbao Fine Chemical*
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Chongqing Huaqi Fine Chemical
  • S.K. Chemical
  • Axiom Chemicals
  • Barium Chemicals
  • ProChem, Inc.
  • Celtic Chemicals Ltd.
  • City Chemical
  • Thermo Fisher Scientific Inc.
  • Otto Chemie Pvt., Ltd.
  • Vizag Chemicals
  • ACS Chemicals
  • Morre-Tec Industries, Inc.
“*” marked represents similar segmentation in other categories in the respective section.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Country/Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Strontium Bromide Market - Impact of Coronavirus (Covid-19)Pandemic
Overview
Factors Affecting Global Strontium Bromide Market – COVID-19
Impact Analysis
5. Global Strontium Bromide Market, By Type, 2017-2030 (US$ Mn & Tons)
Introduction
Market Share Analysis, 2022, 2024, and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Strontium Bromide Hexahydrate
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
Strontium Bromide Anhydrous
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
6. Global Strontium Bromide Market, By Application, 2017-2030 (US$ Mn & Tons)
Introduction
Market Share Analysis, 2022, 2024, and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Analytical Reagents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
Pharmaceuticals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
Water Treatment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
Others (Flares, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & Tons)
7. Global Strontium Bromide Market, By Region, 2017-2030 (US$ Mn & Tons)
Introduction
Market Share Analysis, By Region, 2022, 2024, and 2030 (%)
Y-o-Y Growth Analysis, For Regions, 2017 - 2030
North America
Market Share Analysis, By Country, 2022, 2024 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 – 2030
Market Size and Forecast, By Type, 2017- 2030 (US$ Mn & Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & Tons)
By Country
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2022, 2024 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 – 2030
Market Size and Forecast, By Type, 2017- 2030 (US$ Mn & Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & Tons)
By Country
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2022, 2024 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 – 2030
Market Size and Forecast, By Type, 2017- 2030 (US$ Mn & Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & Tons)
By Country
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2022, 2024 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 – 2030
Market Size and Forecast, By Type, 2017- 2030 (US$ Mn & Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & Tons)
By Country
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Sub-Region, 2022, 2024 and 2030 (%)
Y-o-Y Growth Analysis, By Sub-Region, 2017 – 2030
Market Size and Forecast, By Type, 2017- 2030 (US$ Mn & Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Mn & Tons)
By Country/Region
Middle East
Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Shanghai Xinbao Fine Chemical
Company Overview
Product Portfolio
Recent Developments/Updates
Chongqing Huaqi Fine Chemical
Company Overview
Product Portfolio
Recent Developments/Updates
S.K. Chemical
Company Overview
Product Portfolio
Recent Developments/Updates
Axiom Chemicals
Company Overview
Product Portfolio
Recent Developments/Updates
Barium Chemicals
Company Overview
Product Portfolio
Recent Developments/Updates
ProChem, Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
Celtic Chemicals Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
City Chemical
Company Overview
Product Portfolio
Recent Developments/Updates
Thermo Fisher Scientific Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
Otto Chemie Pvt., Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
Vizag Chemicals
Company Overview
Product Portfolio
Recent Developments/Updates
ACS Chemicals
Company Overview
Product Portfolio
Recent Developments/Updates
Morre-Tec Industries, Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
9. Section
References
Research Methodology
About Us and Sales Contact
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