Global Strontium Iodide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Strontium Iodide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Strontium Iodide market size was valued at USD 50 million in 2023 and is forecast to a readjusted size of USD 75 million by 2030 with a CAGR of 5.7% during review period.

Strontium iodide (SrI2) is a salt of strontium and iodine. It is an ionic, water-soluble, and deliquescent compound that can be used in medicine as a substitute for potassium iodide .[5] It is also used as a scintillation gamma radiation detector, typically doped with europium, due to its optical clarity, relatively high density, high effective atomic number (Z=48), and high scintillation light yield.[6] In recent years, europium-doped strontium iodide (SrI2:Eu2+) has emerged as a promising scintillation material for gamma-ray spectroscopy with extremely high light yield and proportional response, exceeding that of the widely used high performance commercial scintillator LaBr3:Ce3+. Large diameter SrI2 crystals can be grown reliably using vertical Bridgman technique [7] and are being commercialized by several companies.

The Strontium Iodide market is experiencing significant growth, primarily due to its crucial role in various industrial applications, particularly in the field of scintillation detectors, radiation measurement, and radiological monitoring. Strontium Iodide, known for its unique properties, is used as a scintillation material for the detection of gamma-ray and neutron radiation. It plays a vital role in the development of high-performance radiation detectors, contributing to various applications in homeland security, medical imaging, and nuclear research. Regions like Asia-Pacific, North America, and Europe are key contributors to the market, reflecting the global demand for Strontium Iodide in industries that rely on accurate radiation detection and monitoring. As the need for precise and efficient radiation monitoring continues to grow, the Strontium Iodide market is expected to maintain its upward trajectory, supporting innovation and safety in various high-tech and research sectors.



The Global Info Research report includes an overview of the development of the Strontium Iodide industry chain, the market status of Electronics (99.5% Purity, 99.95% Purity), Medicine (99.5% Purity, 99.95% Purity), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Strontium Iodide.

Regionally, the report analyzes the Strontium Iodide markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Strontium Iodide market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Strontium Iodide market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Strontium Iodide industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Gram), revenue generated, and market share of different by Type (e.g., 99.5% Purity, 99.95% Purity).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Strontium Iodide market.

Regional Analysis: The report involves examining the Strontium Iodide market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Strontium Iodide market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Strontium Iodide:

Company Analysis: Report covers individual Strontium Iodide manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Strontium Iodide This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electronics, Medicine).

Technology Analysis: Report covers specific technologies relevant to Strontium Iodide. It assesses the current state, advancements, and potential future developments in Strontium Iodide areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Strontium Iodide market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Strontium Iodide market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
99.5% Purity
99.95% Purity
99.999% Purity
Other

Market segment by Application
Electronics
Medicine
Other

Major players covered
American Elements
ABCR
ALADDIN-E
A2B Chem
Angene
BOC Sciences
Chemwill Asia
EpiValence
NBInno
Santa Cruz Biotechnology

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Strontium Iodide product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Strontium Iodide, with price, sales, revenue and global market share of Strontium Iodide from 2019 to 2024.

Chapter 3, the Strontium Iodide competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Strontium Iodide breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Strontium Iodide market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Strontium Iodide.

Chapter 14 and 15, to describe Strontium Iodide sales channel, distributors, customers, research findings and conclusion.