Global Strontium Market 2024-2028

Global Strontium Market 2024-2028


The strontium market is forecasted to grow by USD 101 mn during 2023-2028, accelerating at a CAGR of 4.22% during the forecast period. The report on the strontium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for ferrite magnets, increasing use of fireworks, and strontium carbonate is gaining traction in various application.

Technavio's strontium market is segmented as below:
  • By End-user
  • Ferrite ceramic magnets
  • Pyrotechnics
  • Medicines and others
  • By Type
  • Strontium carbonate
  • Strontium nitrate
  • Strontium sulphate
  • Others
  • By Geography
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the growing demand from glass and ceramic industries as one of the prime reasons driving the strontium market growth during the next few years. Also, increased use in healthcare applications and increased use of pyrotechnics in entertainment and movies will lead to sizable demand in the market.

The report on the strontium market covers the following areas:
  • Strontium market sizing
  • Strontium market forecast
  • Strontium market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading strontium market vendors that include American Elements, Central Drug House Pvt. Ltd., Divjyot Chemicals Pvt. Ltd., Foshan Nanhai Shuangfu Chemical Co. Ltd., Global Calcium Pvt. Ltd., Hunan CHMM Metallurgy Engineering Co. Ltd, Joshi Agrochem Pharma Pvt. Ltd., LONGCHANG CHEMICAL, Marine Chemicals, Otto Chemie Pvt. Ltd., Prakash Brothers, Reade International Corp., Sakai Chemical Industry Co. Ltd., Shandong RIYUSHENG International Trade Co. Ltd, Solvay SA, Suvchem, SUVIDHINATH LABORATORIES, Vizag Chemical International, Yingfengyuan Industrial Group Ltd., and Yogesh Agrawal and Co.. Also, the strontium market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global strontium market 2018 - 2022
      • Table Historic Market Size – Data Table on global strontium market 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Ferrite ceramic magnets - Market size and forecast 2023- 2028
      • Table Chart on Ferrite ceramic magnets - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Ferrite ceramic magnets - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Ferrite ceramic magnets - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Ferrite ceramic magnets - Year-over-year growth 2023-2028 (%)
    • Pyrotechnics - Market size and forecast 2023-2028
      • Table Chart on Pyrotechnics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pyrotechnics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pyrotechnics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pyrotechnics - Year-over-year growth 2023-2028 (%)
    • Medicines and others - Market size and forecast 2023- 2028
      • Table Chart on Medicines and others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Medicines and others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Medicines and others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Medicines and others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Strontium carbonate - Market size and forecast 2023- 2028
      • Table Chart on Strontium carbonate - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Strontium carbonate - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Strontium carbonate - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Strontium carbonate - Year-over-year growth 2023-2028 (%)
    • Strontium nitrate - Market size and forecast 2023-2028
      • Table Chart on Strontium nitrate - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Strontium nitrate - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Strontium nitrate - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Strontium nitrate - Year-over-year growth 2023-2028 (%)
    • Strontium sulphate - Market size and forecast 2023-2028
      • Table Chart on Strontium sulphate - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Strontium sulphate - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Strontium sulphate - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Strontium sulphate - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing demand for ferrite magnets
      • Increasing use of fireworks
      • Strontium carbonate is gaining traction in various applications
    • Market challenges
      • Ill-effects of strontium on health
      • Environmental concerns and regulatory challenges associated with strontium
      • Availability of substitutes for strontium
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing demand from glass and ceramic industries
      • Increased use in healthcare applications
      • Increased use of pyrotechnics in entertainment and movies
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • American Elements
      • Table American Elements - Overview
      • Table American Elements - Product / Service
      • Table American Elements - Key offerings
    • Central Drug House Pvt. Ltd.
      • Table Central Drug House Pvt. Ltd. - Overview
      • Table Central Drug House Pvt. Ltd. - Product / Service
      • Table Central Drug House Pvt. Ltd. - Key offerings
    • Divjyot Chemicals Pvt. Ltd.
      • Table Divjyot Chemicals Pvt. Ltd. - Overview
      • Table Divjyot Chemicals Pvt. Ltd. - Product / Service
      • Table Divjyot Chemicals Pvt. Ltd. - Key offerings
    • Global Calcium Pvt. Ltd.
      • Table Global Calcium Pvt. Ltd. - Overview
      • Table Global Calcium Pvt. Ltd. - Key offerings
    • Hunan CHMM Metallurgy Engineering Co. Ltd
      • Table Hunan CHMM Metallurgy Engineering Co. Ltd - Overview
      • Table Hunan CHMM Metallurgy Engineering Co. Ltd - Product / Service
      • Table Hunan CHMM Metallurgy Engineering Co. Ltd - Key offerings
    • Joshi Agrochem Pharma Pvt. Ltd.
      • Table Joshi Agrochem Pharma Pvt. Ltd. - Overview
      • Table Joshi Agrochem Pharma Pvt. Ltd. - Product / Service
      • Table Joshi Agrochem Pharma Pvt. Ltd. - Key offerings
    • LONGCHANG CHEMICAL
      • Table LONGCHANG CHEMICAL - Overview
      • Table LONGCHANG CHEMICAL - Product / Service
      • Table LONGCHANG CHEMICAL - Key offerings
    • Marine Chemicals
      • Table Marine Chemicals - Overview
      • Table Marine Chemicals - Product / Service
      • Table Marine Chemicals - Key offerings
    • Otto Chemie Pvt. Ltd.
      • Table Otto Chemie Pvt. Ltd. - Overview
      • Table Otto Chemie Pvt. Ltd. - Product / Service
      • Table Otto Chemie Pvt. Ltd. - Key offerings
    • Reade International Corp.
      • Table Reade International Corp. - Overview
      • Table Reade International Corp. - Product / Service
      • Table Reade International Corp. - Key offerings
    • Sakai Chemical Industry Co. Ltd.
      • Table Sakai Chemical Industry Co. Ltd. - Overview
      • Table Sakai Chemical Industry Co. Ltd. - Product / Service
      • Table Sakai Chemical Industry Co. Ltd. - Key offerings
    • Shandong RIYUSHENG International Trade Co. Ltd
      • Table Shandong RIYUSHENG International Trade Co. Ltd - Overview
      • Table Shandong RIYUSHENG International Trade Co. Ltd - Product / Service
      • Table Shandong RIYUSHENG International Trade Co. Ltd - Key offerings
    • Solvay SA
      • Table Solvay SA - Overview
      • Table Solvay SA - Business segments
      • Table Solvay SA - Key news
      • Table Solvay SA - Key offerings
      • Table Solvay SA - Segment focus
    • Yingfengyuan Industrial Group Ltd.
      • Table Yingfengyuan Industrial Group Ltd. - Overview
      • Table Yingfengyuan Industrial Group Ltd. - Product / Service
      • Table Yingfengyuan Industrial Group Ltd. - Key offerings
    • Yogesh Agrawal and Co.
      • Table Yogesh Agrawal and Co. - Overview
      • Table Yogesh Agrawal and Co. - Product / Service
      • Table Yogesh Agrawal and Co. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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