Strontium: Global Strategic Business Report

Global Strontium Market to Reach 578.1 Thousand Metric Tons by 2030

The global market for Strontium estimated at 328.3 Thousand Metric Tons in the year 2022, is projected to reach a revised size of 578.1 Thousand Metric Tons by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030. Strontium Carbonate, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach 275.3 Thousand Metric Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Strontium Nitrate segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at 89.4 Thousand Metric Tons, While China is Forecast to Grow at 11.8% CAGR

The Strontium market in the U.S. is estimated at 89.4 Thousand Metric Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 135.1 Thousand Metric Tons by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 19 Featured) -

• Asia Barium & Strontium Salts Co. (ABASSCO)
• Barium & Chemicals, Inc.
• Basstech International LLC
• KBM Affilips BV
• Noah Technologies Corporation
• Prochem, Inc.
• Quimica Del Estroncio SA
• Sakai Chemical Industry Co., Ltd.
• Shijiazhuang Zhengding JINSHI Chemical Co., Ltd.
• Solvay SA
• Yuxiang Magnetic Materials Ind. Co., Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year