Market Overview:
The global strontium aluminate product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for strontium aluminate products in various applications such as paints and coatings, printing inks, plastics, construction materials, healthcare and others. In addition, the growing demand for strontium aluminate products from emerging economies is also contributing to the growth of this market.
Product Definition:
Strontium aluminate is a compound with the chemical formula SrAl2O4. It is an important intermediate in the manufacture of strontium ferrite, SrFe12O19.
Water Based Strontium Aluminate:
Water-based strontium aluminate is a compound of strontium and aluminum. It has the chemical formula SrAl2(PO4)2. It occurs in nature as the mineral apatite, usually found in combination with phosphates and other minerals such as micronutrients such as iron, calcium & magnesium. Apatite contains about 10% to 30% of SrAl2(PO4)2 by weight; commercial grades are typically around 20%.
Solvent Based Strontium Aluminate:
Strontium aluminate is a compound of strontium and aluminum. It has the chemical formula SrAl2(PO4)2. It occurs in nature as the mineral halite, which is formed from the crystallization of volcanic rocks. Strontium aluminate is commercially available in two forms including powder and liquid, both are white in colorless crystals that have high solubility in water (4 g/100 mL) and ethanol (96 g/100 mL).
Application Insights:
The paint and coating application segment led the global market in 2017. The product is widely used in water based paints and coatings to provide anti-corrosion, anti-inflammatory, hardening and protective properties. It is also used as a filler material for increasing the film strength of paints. Increasing construction activities across developing countries are expected to drive demand for construction materials over the forecast period which in turn will fuel growth of Strontium aluminate products over the next eight years.
Healthcare was one of the prominent applications that accounted for a share exceeding 5% globally in 2017 owing to rising awareness regarding chronic diseases such as cardiovascular diseases, cancer etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as printing inks, plastics and paints & coatings. China is one of the largest producers of strontium aluminate globally owing to availability of raw materials at a low cost coupled with easy accessibility to land and labor.
Europe was the second-largest regional market for strontium aluminate products due to high consumption from several major end-use industries including healthcare, packaging, construction and others. North America also accounted for a significant share owing to growing demand for water based products along with increasing use in food processing applications are some other factors that contributed toward regional growth during 2017 - 2018 timeframe.
Growth Factors:
- Increasing demand from the optoelectronics industry for high-performance laser materials
- Growing demand for Strontium Aluminate in solid state lighting applications
- Rising use of Strontium Aluminate in optical coatings and filters
- Increasing adoption of Strontium Aluminate in medical imaging and radiation therapy applications
- Growing popularity of nanostructured Strontium Aluminate materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Strontium Aluminate Product Market Research Report
By Type
Water Based Strontium Aluminate, Solvent Based Strontium Aluminate
By Application
Paint and Coating, Printing Inks, Plastics, Construction Materials, Healthcare, Others
By Companies
Matapel Chemicals, GloTech International Ltd., Allureglow International, LuminoChem Ltd., Honeywell International Inc., Dalian Lightleader Co.,Ltd., Tavco Chemicals, Inc., RTP Company, RC Tritec LTD., Glow Inc., Matapel Chemicals, ARALON, Art 'N Glow, Techno Glow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Strontium Aluminate Product Market Report Segments:
The global Strontium Aluminate Product market is segmented on the basis of:
Types
Water Based Strontium Aluminate, Solvent Based Strontium Aluminate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paint and Coating, Printing Inks, Plastics, Construction Materials, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Matapel Chemicals
- GloTech International Ltd.
- Allureglow International
- LuminoChem Ltd.
- Honeywell International Inc.
- Dalian Lightleader Co.,Ltd.
- Tavco Chemicals, Inc.
- RTP Company
- RC Tritec LTD.
- Glow Inc.
- Matapel Chemicals
- ARALON
- Art 'N Glow
- Techno Glow
Highlights of The Strontium Aluminate Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Based Strontium Aluminate
- Solvent Based Strontium Aluminate
- By Application:
- Paint and Coating
- Printing Inks
- Plastics
- Construction Materials
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Strontium Aluminate Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Strontium aluminate is a white, crystalline powder that is used as an abrasive and filler in various products. It can be found in toothpaste, facial scrubs, and other personal care products.
Some of the major companies in the strontium aluminate product market are Matapel Chemicals, GloTech International Ltd., Allureglow International, LuminoChem Ltd., Honeywell International Inc., Dalian Lightleader Co.,Ltd., Tavco Chemicals, Inc., RTP Company, RC Tritec LTD., Glow Inc., Matapel Chemicals, ARALON, Art 'N Glow, Techno Glow.
The strontium aluminate product market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Strontium Aluminate Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Strontium Aluminate Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Strontium Aluminate Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Strontium Aluminate Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Strontium Aluminate Product Market Size & Forecast, 2018-2028
4.5.1 Strontium Aluminate Product Market Size and Y-o-Y Growth
4.5.2 Strontium Aluminate Product Market Absolute $ Opportunity
Chapter 5 Global Strontium Aluminate Product Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Strontium Aluminate Product Market Size Forecast by Type
5.2.1 Water Based Strontium Aluminate
5.2.2 Solvent Based Strontium Aluminate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Strontium Aluminate Product Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Strontium Aluminate Product Market Size Forecast by Applications
6.2.1 Paint and Coating
6.2.2 Printing Inks
6.2.3 Plastics
6.2.4 Construction Materials
6.2.5 Healthcare
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strontium Aluminate Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Strontium Aluminate Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Strontium Aluminate Product Analysis and Forecast
9.1 Introduction
9.2 North America Strontium Aluminate Product Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Strontium Aluminate Product Market Size Forecast by Type
9.6.1 Water Based Strontium Aluminate
9.6.2 Solvent Based Strontium Aluminate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Strontium Aluminate Product Market Size Forecast by Applications
9.10.1 Paint and Coating
9.10.2 Printing Inks
9.10.3 Plastics
9.10.4 Construction Materials
9.10.5 Healthcare
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Strontium Aluminate Product Analysis and Forecast
10.1 Introduction
10.2 Europe Strontium Aluminate Product Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Strontium Aluminate Product Market Size Forecast by Type
10.6.1 Water Based Strontium Aluminate
10.6.2 Solvent Based Strontium Aluminate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Strontium Aluminate Product Market Size Forecast by Applications
10.10.1 Paint and Coating
10.10.2 Printing Inks
10.10.3 Plastics
10.10.4 Construction Materials
10.10.5 Healthcare
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Strontium Aluminate Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Strontium Aluminate Product Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Strontium Aluminate Product Market Size Forecast by Type
11.6.1 Water Based Strontium Aluminate
11.6.2 Solvent Based Strontium Aluminate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Strontium Aluminate Product Market Size Forecast by Applications
11.10.1 Paint and Coating
11.10.2 Printing Inks
11.10.3 Plastics
11.10.4 Construction Materials
11.10.5 Healthcare
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Strontium Aluminate Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Strontium Aluminate Product Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Strontium Aluminate Product Market Size Forecast by Type
12.6.1 Water Based Strontium Aluminate
12.6.2 Solvent Based Strontium Aluminate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Strontium Aluminate Product Market Size Forecast by Applications
12.10.1 Paint and Coating
12.10.2 Printing Inks
12.10.3 Plastics
12.10.4 Construction Materials
12.10.5 Healthcare
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Strontium Aluminate Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Strontium Aluminate Product Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Strontium Aluminate Product Market Size Forecast by Type
13.6.1 Water Based Strontium Aluminate
13.6.2 Solvent Based Strontium Aluminate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Strontium Aluminate Product Market Size Forecast by Applications
13.10.1 Paint and Coating
13.10.2 Printing Inks
13.10.3 Plastics
13.10.4 Construction Materials
13.10.5 Healthcare
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Strontium Aluminate Product Market: Competitive Dashboard
14.2 Global Strontium Aluminate Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Matapel Chemicals
14.3.2 GloTech International Ltd.
14.3.3 Allureglow International
14.3.4 LuminoChem Ltd.
14.3.5 Honeywell International Inc.
14.3.6 Dalian Lightleader Co.,Ltd.
14.3.7 Tavco Chemicals, Inc.
14.3.8 RTP Company
14.3.9 RC Tritec LTD.
14.3.10 Glow Inc.
14.3.11 Matapel Chemicals
14.3.12 ARALON
14.3.13 Art 'N Glow
14.3.14 Techno Glow
