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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Strontium Market, Application Trends and Forecast Strontium Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Strontium Market, Application Trends and Forecast Strontium Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Strontium Market, Application Trends and Forecast 2016-2024 Strontium Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Italy, China, Australia, India, Japan, Indonesia, Argentina, Brazil, Saudi Arabia, UAE, Kuwait, ), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Strontium Market size is booming and is projected to attain a healthy CAGR of over 4% by 2024. The increasing product use in pyrotechnics is another factor contributing towards the product demand in the recent years. The strontium market size is estimated to grow based on its various applications including electronic, pyrotechnic, health & medical field, dental, paints & coating, automobile, R&D field and space technology field. Escalating paints & coatings business on account of hike in automotive production along with increasing construction spending will boost the global strontium market share by 2024. Global Market Scenario of Strontium Market

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Product Analysis:- The product being highly reactive in air and water is used to produce heat, sound, smoke. It is also used in concerts for fireworks display and acts as red colorant provider, The major source of obtaining the product is celestine and is found in sedimentary rocks in crystal and fibrous forms. Regional Trends:- Asia Pacific accounted for a major chunk of strontium market share in 2015. The region host major product consumer base in countries including China, Japan, Taiwan and India. Due to increasing use of firecrackers in these countries on festive occasions is a prominent factor towards high regional product demand. In addition, China and India are major producer of fire crackers, which substantially contributes in the regional industry growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitor Analysis:- The key global strontium market share contributors are: Sakai Chemical Industry Co., Ltd., Solvay & CPC Barium Strontium GmbH & Co.KG, Bass Tech International, Evonik Degussa GmbH, Canteras Industriales S.L, Quimica Del Estroncio, S.A. and Timminco Ltd. Company Solvay & CPC Barium Strontium GmbH &Co.KG is a joint venture of companies of Solvay group to effectively manage strontium carbonate product grades, strontium nitrate business and other businesses across the globe.

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Strontium Market@ http://bit.ly/2qHqyst Request Full Table Of Content @ http://bit.ly/2qzs7v9 http://bit.ly/2qzs7v9

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