The global strontium chloride hexahydrate market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for strontium chloride hexahydrate in various applications such as magnetic materials, optical glass, and pigment. Strontium chloride hexahydrate is used as a raw material in manufacturing magnetic materials such as ferrite magnets and neodymium magnets. It also finds application in optical glass due to its high refractive index and low dispersion coefficient properties which are required for optical glass production process. Strontium chloride hexahydrate is also used as a pigment in paints and coatings due to its high opacity property which provides protection against UV rays from sunlight or artificial light sources like fluorescent lamps or mercury vapor lamps. The global strontium chloride hexahydrate market can be segmented on the basis of type into 99% purity, 99.5% purity; on the basis of application into magnetic materials, optical glass, protechny, pigment; on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). The APAC region has been identified as one of the fastest growing regions with an estimated CAGR of 4%.
Some Of The Growth Factors Of This Market:
- Strontium Chloride Hexahydrate is used in the production of fireworks and flares.
- Strontium Chloride Hexahydrate is used in the production of glass, ceramics, and enamels.
- Strontium Chloride Hexahydrate is used as a flame retardant for plastics.
- Strontium Chloride Hexahydrate is used as a catalyst for chemical reactions.
- The demand for strontium chloride hexahydrate has increased due to its use in the production of fireworks.
Industry Growth Insights published a new data on “Strontium Chloride Hexahydrate Market”. The research report is titled “Strontium Chloride Hexahydrate Market research by Types (99% Purity, 99.5% Purity), By Applications (Magnetic Materials, Optical Glass, Protechny, Pigment, Other), By Players/Companies Hebei Xinji Chemical, Jinyan Strontium Industry, Nanping Chemical, Yuanhe Fine Chemical, Furun Chemical, Redstar Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strontium Chloride Hexahydrate Market Research Report
By Type
99% Purity, 99.5% Purity
By Application
Magnetic Materials, Optical Glass, Protechny, Pigment, Other
By Companies
Hebei Xinji Chemical, Jinyan Strontium Industry, Nanping Chemical, Yuanhe Fine Chemical, Furun Chemical, Redstar Group
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Strontium Chloride Hexahydrate Market Report Segments:
The global Strontium Chloride Hexahydrate market is segmented on the basis of:
Types
99% Purity, 99.5% Purity
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
Magnetic Materials, Optical Glass, Protechny, Pigment, Other
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:
- Hebei Xinji Chemical
- Jinyan Strontium Industry
- Nanping Chemical
- Yuanhe Fine Chemical
- Furun Chemical
- Redstar Group
Highlights of The Strontium Chloride Hexahydrate 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:
- 99% Purity
- 99.5% Purity
- By Application:
- Magnetic Materials
- Optical Glass
- Protechny
- Pigment
- Other
- 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 Chloride Hexahydrate 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
SrCl2 hexahydrate is a white, crystalline powder with a slightly bitter taste. It is used as an additive in food and beverage products to improve flavor and color. SrCl2 hexahydrate also has industrial applications, such as the production of glass and ceramics.
Some of the major players in the strontium chloride hexahydrate market are Hebei Xinji Chemical, Jinyan Strontium Industry, Nanping Chemical, Yuanhe Fine Chemical, Furun Chemical, Redstar Group.
The strontium chloride hexahydrate market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Strontium Chloride Hexahydrate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Strontium Chloride Hexahydrate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Strontium Chloride Hexahydrate Market - Supply Chain
4.5. Global Strontium Chloride Hexahydrate Market Forecast
4.5.1. Strontium Chloride Hexahydrate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Strontium Chloride Hexahydrate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Strontium Chloride Hexahydrate Market Absolute $ Opportunity
5. Global Strontium Chloride Hexahydrate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
5.3.1. 99% Purity
5.3.2. 99.5% Purity
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Strontium Chloride Hexahydrate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
6.3.1. Magnetic Materials
6.3.2. Optical Glass
6.3.3. Protechny
6.3.4. Pigment
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Strontium Chloride Hexahydrate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Strontium Chloride Hexahydrate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Strontium Chloride Hexahydrate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Strontium Chloride Hexahydrate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Strontium Chloride Hexahydrate Demand Share Forecast, 2019-2026
9. North America Strontium Chloride Hexahydrate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
9.4.1. Magnetic Materials
9.4.2. Optical Glass
9.4.3. Protechny
9.4.4. Pigment
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
9.7.1. 99% Purity
9.7.2. 99.5% Purity
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Strontium Chloride Hexahydrate Demand Share Forecast, 2019-2026
10. Latin America Strontium Chloride Hexahydrate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
10.4.1. Magnetic Materials
10.4.2. Optical Glass
10.4.3. Protechny
10.4.4. Pigment
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
10.7.1. 99% Purity
10.7.2. 99.5% Purity
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Strontium Chloride Hexahydrate Demand Share Forecast, 2019-2026
11. Europe Strontium Chloride Hexahydrate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Strontium Chloride Hexahydrate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
11.4.1. Magnetic Materials
11.4.2. Optical Glass
11.4.3. Protechny
11.4.4. Pigment
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
11.7.1. 99% Purity
11.7.2. 99.5% Purity
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Strontium Chloride Hexahydrate Demand Share, 2019-2026
12. Asia Pacific Strontium Chloride Hexahydrate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Strontium Chloride Hexahydrate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
12.4.1. Magnetic Materials
12.4.2. Optical Glass
12.4.3. Protechny
12.4.4. Pigment
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
12.7.1. 99% Purity
12.7.2. 99.5% Purity
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Strontium Chloride Hexahydrate Demand Share, 2019-2026
13. Middle East & Africa Strontium Chloride Hexahydrate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Strontium Chloride Hexahydrate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Strontium Chloride Hexahydrate Market Size and Volume Forecast by Application
13.4.1. Magnetic Materials
13.4.2. Optical Glass
13.4.3. Protechny
13.4.4. Pigment
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Strontium Chloride Hexahydrate Market Size and Volume Forecast by Type
13.7.1. 99% Purity
13.7.2. 99.5% Purity
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Strontium Chloride Hexahydrate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Strontium Chloride Hexahydrate Market: Market Share Analysis
14.2. Strontium Chloride Hexahydrate Distributors and Customers
14.3. Strontium Chloride Hexahydrate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hebei Xinji Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jinyan Strontium Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nanping Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yuanhe Fine Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Furun Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Redstar Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook