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Strontium Market Is Expected To Reach 372.09 Kilo Ton By The End Of 2024
by rakesh123 · November 14 Alex Killorn Jersey , 2018


Global Strontium Market: Overview


Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth鈥檚 crust, occurring as Strontianite and Celestine mineral ores. Strontium (Sr) is obtained from two primary minerals: Celestine (consisting of strontium sulphate) and Strontianite (consisting of strontium carbonate).


The report estimates and forecasts the strontium market on the global and regional levels. The study provides forecast between 2016 and 2024 based on volume (kilo tons) and revenue (US$ Mn) with 2015 as the base year. It comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage.


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The study includes drivers and restraints for the strontium market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the strontium market on the global and regional level. Drivers, restraints Chris Kunitz Jersey , and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of strontium and global average price trend analysis.


It provides a comprehensive view of the strontium market by dividing it into product, application and geography segments. The products have been segmented into strontium carbonate, strontium nitrate, strontium sulphate and others. The applications are segmented into pyrotechnics J.T. Miller Jersey , ferrite metals, master alloys, paints & coatings, medical, zinc refining and others. These segments have been analyzed based on historic Tyler Johnson Jersey , present, and future trends.


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The product segment includes compounds of strontium such as strontium carbonate, strontium nitrate, strontium sulphate, and others (oxides Anton Stralman Jersey , peroxides, hydroxides, and chlorides of strontium). The most consumed strontium compound is strontium carbonate because of its vast number of applications and strontium carbonate being one of the primary compounds that is used as the precursor to produce other strontium compounds.


The application segment includes pyrotechnics, ferrite magnets, master alloys Nikita Kucherov Lightning Jersey , paints & coatings, medical, zinc refining, and others. Strontium is predominantly employed in pyrotechnics and the production of ceramic ferrite magnets. It acts as a luminescence and anti-corrosive factor in paints & coatings and is utilized in small amounts in the medical industry as well.


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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company鈥檚 exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR鈥檚 experienced team of analysts, researchers Ryan McDonagh Lightning Jersey , and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR鈥檚 data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


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