Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Strontium Chloride Hexahydrate Market by Type (99% Purity, 99.5% Purity), By Application (Magnetic Materials, Optical Glass, Protechny, Pigment, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Strontium Chloride Hexahydrate Market by Type (99% Purity, 99.5% Purity), By Application (Magnetic Materials, Optical Glass, Protechny, Pigment, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 214784 3300 Chemical & Material 377 250 Pages 4.8 (42)
                                          

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:

  1. Strontium Chloride Hexahydrate is used in the production of fireworks and flares.
  2. Strontium Chloride Hexahydrate is used in the production of glass, ceramics, and enamels.
  3. Strontium Chloride Hexahydrate is used as a flame retardant for plastics.
  4. Strontium Chloride Hexahydrate is used as a catalyst for chemical reactions.
  5. 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 Industry Outlook


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:

  1. Hebei Xinji Chemical
  2. Jinyan Strontium Industry
  3. Nanping Chemical
  4. Yuanhe Fine Chemical
  5. Furun Chemical
  6. Redstar Group

Global Strontium Chloride Hexahydrate Market Overview


Highlights of The Strontium Chloride Hexahydrate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 99% Purity
    2. 99.5% Purity
  1. By Application:

    1. Magnetic Materials
    2. Optical Glass
    3. Protechny
    4. Pigment
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Strontium Chloride Hexahydrate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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