Lucintel's latest market report analyzed that strontium provides attractive opportunities in the electrical and electronics, pyrotechnic, medical and dental, paint and coating, and personal care markets. The strontium market is expected to reach $XX billion by 2028 with a CAGR of 5% to 7%. In this market, strontium carbonate is the largest segment by product, whereas paints and coatings is largest by end use industry.
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Based on product, the strontium market is segmented into strontium carbonate, strontium sulfate, strontium nitrate, and others. The strontium carbonate segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its high usage in fireworks as an oxidizer and colorant, and for an increasing demand in medical applications.
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The Strontium Market is marked by the presence of several big and small players. Some of the prominent players offering strontium include Solvay, Sakai Chemical Industry Co., LTD., Basstech International, Canteras Industriales, S.L., Quimica Del Estroncio, S.A., and Joyieng Chemical LTD.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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