#Strontium Nitrate Market share

[kirancmi]

Strontium Nitrate Is Estimated To Witness High Growth Owing To Increasing Use In Pyrotechnics

Strontium nitrate is an inorganic salt that finds various industrial applications. It is commonly used as a red coloring agent in fireworks and flares due to its distinctive red color upon combustion. Strontium nitrate produces an intense red light by chemiluminescence when burned or heated sufficiently. It is also used as an oxidizer in rocket propellants and gas generators. Additionally, strontium nitrate is sometimes used in oxygen candles which generate oxygen on combustion for emergency situations in submarines and ships. The global strontium nitrate market is estimated to be valued at US$ 386.3 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: One of the key drivers for the growth of the global strontium nitrate market is the increasing use of strontium nitrate in pyrotechnics for fireworks and flares. Pyrotechnics is a multi-billion dollar industry and the demand for fireworks is growing globally with new countries adopting fireworks for celebrating festivals and events. Strontium nitrate produces a bright red flame which makes it a popular colorant for firework flashes and flares. Additionally, the use of strontium nitrate as an oxidizer is also propelling the market growth. Strontium nitrate is used as an oxidizer in solid rocket propellants for rockets and missiles due to its high combustion energy. It also finds increasing usage as an oxidizer in oxygen generators, which produce oxygen for emergency situations in submarines and aircrafts. Owing to its oxidizing properties and growth in end-use industries like aerospace and defense, strontium nitrate demand is expected to grow significantly over the forecast period. SWOT Analysis Strength: Strontium nitrate market is witnessing significant growth due to its wide applications in pyrotechnics, fluorescent lighting, plasma television, ceramic ferrite, medical, atomic energy and agriculture. Strontium nitrate is used in manufacturing of metal alloys and electronic ceramics owing to its non-toxic nature and desirable optical properties. It also finds usage in production of specialty glasses. Growing demand from these end-use industries is expected to drive the market growth. Weakness: Concerns regarding health hazards associated with excess exposure to strontium nitrate can hamper the market growth. Strict regulations related to storage and handling of strontium nitrate can increase the production cost. Dependence on limited number of suppliers for raw materials is another challenge faced by the market players. Opportunity: Rising scope of applications in electron beam melting 3D printing and radiopharmaceutical production is anticipated to create new revenue pockets. Growing demand for ferrite magnets from automotive industry can offer lucrative opportunities. Increasing investment in agricultural sector of developing nations will propel the adoption of strontium nitrate as fertilizer. Threats: Volatility in raw material prices can negatively impact the production cost. Substitutes availability for applications such as pyrotechnics can threaten the market demand. Stringent environmental regulations pertaining to emissions can restrict the growth. Key Takeaways The global strontium nitrate market forecast is expected to witness high growth.

Regional analysis shows Asia Pacific dominates the global market and is expected to grow at fastest pace during the forecast period. Countries like India, China, Indonesia, Japan and South Korea are major consumers and producers of strontium nitrate in the region. Growing domestic demand from electronics and automobile industry drives the regional market. Key players operating in the strontium nitrate market are 23andMe, Ancestry, Mapmygenome, Helix, MyHeritage, Gene by Gene, Pathway Genomics, Veritas Genetics, Xcode, Color Genomics, Positive Biosciences, Futura Genetics, Myriad Genetics, Quest Diagnostics, Laboratory Corporation of America, Illumina, Thermo Fisher Scientific, Qiagen, Genomic Health and Nebula Genomics. Strontium nitrate find usage in manufacturing of medical devices and equipment produced by these companies. They also use strontium nitrate for production of analytical instruments, DNA sequencing tools and other bio-analytical platforms.

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[globalmarketestimates-blog]

Global Strontium Market Size, Volume, Trends & Analysis – Forecasts To 2026 By Product (Strontium Carbonate, Strontium Sulphate, Strontium Nitrate, Others (Strontium Nitrate, Strontium Hydroxide, Etc.)), By Application (Electrical & Electronics, Pyrotechnic, Medical & Dental, Personal Care, Paints & Coatings, Others (Automotive, Aerospace, Etc.)), By Region (North America, Central and South America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, and Company Market Share Analysis & Competitor Analysis

[mahajanmangesh3023]

Strontium Market Size- Growth Drivers, Covid-19 Analysis, Opportunities and Forecast Analysis to 2023

Segmentation Analysis

The Global Strontium Market has been segmented based on product, application, and region.

Based on product, the market has been segmented into strontium carbonate, strontium sulfate, strontium nitrate, strontium chlorates, and others.

By application, the market has been divided into electrical & electronics, paints & coatings, personal care, pyrotechnic, refining, dental care, and others.

Also Read https://www.marketwatch.com/press-release/alkylene-carbonates-market-size-share-industry-growth-future-demand-and-trends-and-forecast-2018-2024-2019-03-15

Top Key Players

·         Solvay

·         SAKAI CHEMICAL INDUSTRY CO.LTD.

·         Basstech International

·         Canteras Industriales

·         S.L.

·         QUIMICA DEL ESTRONCIO

·         S.A.

·       �� JOYIENG CHEMICAL LIMITED

·         SHENZHOU JIAXIN CHEMICAL CO.LTD.

·         ProChem Inc.

·         CHEMALLOY

·         Noah Technologies Corporation

Regional Analysis

The Global

Strontium Market

Size has been segmented into five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific accounted for most of the market share in 2017 due to the high demand for strontium in paints & coatings, consumer goods, electronics, and pyrotechnic. The demand fort paints & coatings can be attributed to the rapid industrialization and urbanization, which has resulted in an increased number of commercial and residential construction activities. The growth of the electronics industry in China, Malaysia, Thailand, and India is another factor propelling market growth. The use of mobile phones, televisions, gaming devices, laptops, and other electronics, along with initiatives such as Digital India, are likely to fuel product demand in the electronics industry. According to the National Investment Promotion and Facilitation Agency, the Indian electronics market is nearly 75% import-driven and the government has envisioned a target of net zero imports by 2020, which is expected to boost product demand for the manufacturing of electronics. The rising disposable income and the changing lifestyle of the consumers is driving the growth of these industries, which in turn, drives the global strontium market. North America accounted for the second-largest market share in 2017 due to the growing demand for strontium in the paints & coatings, automotive, electronics, and construction industries. The increasing demand for wireless electronic devices due to high standards of living in the region is likely to further fuel demand.   The European market is expected to showcase significant growth due to the high product demand for automotive parts production in the region, especially in Western countries such as Germany, the UK, France, and Italy. The Latin American market is expected to witness substantial growth due to the high demand in the automotive industry in the region.

Growing industrialization and increasing business sector is likely to drive the demand for paints & coatings, which in turn, will drive the demand for strontium in the Middle East & African region.

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[jayu123-me]

Strontium Market Registers Steady Growth Riding On Demand For Master Alloys

The vendor landscape in the global strontium market is marked by the presence of a limited number of companies. Among these, Sakai Chemical Industry Co., Ltd., Solvay, and BassTech International accounted for the dominant share of 60% in the global market in 2015, finds Transparency Market Research (TMR) in a new study. Of these companies, Solvay holds advantage as it is engaged in mining strontium materials. This has made the prevailing competition fiercer. TMR predicts medium to high degree of competition in the global strontium market. Meanwhile, the market exhibits the presence of companies such as KBM Affilips and Yuxiang Magnetic Materials Ind. Co. Ltd. who are not directly engaged in the production of strontium. They are primarily engaged in manufacturing products used in downstream application sectors.

“Strategies adopted by these companies have a profound impact on the overall strontium market,” said a lead TMR analyst. TMR pegged the global market at 240.72 kilo ton in 2015. The market is expected to reach 372.09 kilo ton by the end of 2024, reporting a CAGR of 4.91% from 2016 and 2024. Among key application segments, ferrite magnets are likely to hold dominance through the forecast period. The segment held nearly 32.29% of the global market surpassing other segments including master alloys, zinc refining, paints and coatings, medical, and pyrotechnics. Regionally, Asia Pacific and North America are leading candidates for the top spot. While North America emerged dominant in 2015 with a share of over 29% in the global market, Asia Pacific, as per TMR, is likely to redeem itself.

Advent of Novel Applications and Increasing Use in Traditional Sectors to Boost Growth

The improving economic conditions across nations has greatly benefited the global strontium market. Economic rebound in developed economies and growth in emerging nations have made industries across the globe more willing to invest in strontium carbonate.

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Besides this, the market is forecast to benefit from novel applications. In addition to this, the persistently rising use of strontium in traditional areas will bode well for the global strontium market. As per TMR, the increasing use of pyrotechnics in firecrackers, flashpapers, flares, and crackers will boost sales prospects for the market. Firecracker displays during events across various parts of the world will therefore fuel the demand for strontium.

Stringent Regulations Limiting Unbridled Use of Firecrackers to Restrain Growth

On the downside, various countries have implemented stringent regulations to curb pollution. Some of these regulations also inhibit the use of firecrackers. Since strontium is a commonly used compound in firecrackers, regulations imposed to limit their use will have a negative impact on the overall strontium market. Nonetheless, the market is expected to gain from the increasing sales of master alloys in the coming years. The rising use of master alloys in plants where metals and alloys are melt to cast the, into various shapes will therefore boost growth prospects for the market.

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Master alloys are made of strontium, which offers increased ductility and excellent structure control. Because using master alloys can prove economical than pure metals their demand is expected to surge in the coming years. This will in turn fuel the demand for strontium in the forthcoming years.

This review is based on a TMR report, titled “Strontium Market (Product – Strontium Carbonate, Strontium Nitrate, and Strontium Sulphate; Application – Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, and Zinc Refining) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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Strontium Carbonate: Recent Study Including Key Players, Applications, Growth 2026

Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s crust. It occurs in the form of strontianite and celestine mineral ores. Strontianite is composed of strontium carbonate, while celestine is composed of strontium sulfate. These two are the only minerals that contain strontium in an amount sufficient to make its recovery practical. Strontium does not occur as a free element in nature, due to its high reactivity to air and water. It exists in the form of its compounds, majorly as carbonate and sulfate salts.Strontium carbonate is the carbonate salt of strontium with chemical formula SrCO3. It appears in the form of white or grey powder. It occurs in the form of strontianite mineral deposits in nature; however, only a few deposits discovered are suitable for development. Even though strontianite would be more useful of the two commonly found minerals (the other being celestine), as strontium carbonate is the largely used compound with a wide variety of applications; it is not available in quantities sufficient to make its recovery practical. Strontium carbonate is hygroscopic in nature i.e. it can attract and hold water molecules from the surroundings. This makes it a highly preferred strontium compound. Another factor is low cost of production.

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Strontium carbonate has a large number of applications including the manufacture of strontium ferrite for permanent magnets and preparation of luminous paints and shimmering glass. It is also used in the production of strontium ferrite magnets which are employed in microwave devices, small electric motors, magneto-optic mediums, recording mediums, and in the electronics & telecommunication industry.Strontium carbonate is individually used in fireworks, flares, and other pyrotechnics as a red colorant. When combined with copper compounds, it acts as a purple colorant. Refining of zinc with the help of strontium carbonate is carried out by using a specialized form of electrolysis known as electrowinning. Electrowinning is the process of electrodeposition of zinc from its ore, which is put in the solution through a process called leaching.

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Being a weak Lewis base, strontium carbonate can be employed to produce different strontium compounds, simply by using the corresponding acid. Strontium chloride can be prepared by treating strontium carbonate with hydrochloric acid. The reaction between strontium carbonate and sodium dichromate yields strontium chromate. Strontium nitrate is typically produced by the reaction of nitric acid with strontium carbonate. The decomposition of strontium carbonate results in the formation of strontium oxide.Strontium aluminate (SrAl2O4) and strontium chromate (SrCrO4), which are prepared from strontium carbonate, are used in the paints & coatings industry for luminescence requirements and anti-corrosive coatings, respectively. Strontium carbonate descendants such as strontium chloride, strontium ranelate, strontium acetate, strontium peroxide, and strontium nitrate are used in various drugs.

Global Strontium Carbonate Market: Key Segments

Based on application, the strontium carbonate market can be segmented into pyrotechnics, ferrite magnets, master alloys, paints & coatings, medical, zinc refining, and others. Based on region, the strontium carbonate market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominates the global strontium carbonate market in terms of volume, due to presence of one of the top producers i.e. China in the region. The region also holds a significant market share in terms of consumption of strontium carbonate. Asia Pacific is followed by North America and Europe. Mining facilities of strontium are limited to certain geographies, as the occurrence of minerals is limited to specific regions. However, several countries import the mineral from which strontium carbonate can be produced domestically. For instance, the U.S. imports strontium minerals from Mexico in order to synthesis strontium carbonate from the ores.

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Global Strontium Carbonate Market: Key Players

Some of the players operating in the strontium carbonate market are backward integrated into mining of strontium minerals. Key players in the global strontium carbonate market include Solvay, Sakai Chemical Industry Co. Ltd., Quimica Del Estroncio S.A., and BassTech International.

[wedding-sparklers-co-uk]

The colour of the sparkler is of great importance. These coloured sparklers are gaining popularity due to its variety of availability. The traditional sparklers are less expensive than the coloured ones but they look more alluring and magnificent from the normal ones. You can find a variety of coloured sparklers like gold sparklers that offers a short range and brief puff of the sparks which are smokeless and majestic. You can find the multi-colour sparklers as well that emits a shower of coloured sparks before ending the final flame. The coloured sparklers produce more smoke than normal ones. But you must know that they are used for various celebrational purposes like in wedding, birthday parties, 5th November and others. Many people also burn them in get-togethers. The use of these sparklers is not bound to any specific event or domain, they get utilized at various places and at different times, whenever you need them. 1. How to make coloured sparklers The sparklers are handheld fireworks which give fiery sparks rather getting explode. They include a thin wooden stick or metal which is coated with a simple mixture of pyrotechnics. These coloured sparklers are easy to make as the regular ones. The only difference lies in oxidizer which is used. In this, the flame test is replicated as you know that colours are expected from different metal ions. The saltpetre and potassium nitrate impart violet colour, the barium nitrate helps in burning green and for red, and strontium nitrate is used. If you will try mixing colours, you might end up with the basic gold sparkler colour. With different recipes, one can find aluminium fitter which can be added for making sparks in the sparklers. The fine particles of metals also help in producing sparks. The titanium creates white sparks and the iron filling help to make golden sparks. 2. 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You can find them in any of your nearby stores and online too. if you need buying these sparklers at affordable and cheap rates, then the wholesale site or store selling coloured sparklers can be the best. You can get all of them from any of the shops of the wholesale market at moderate prices and can find them in any of the stores online or from retail shops. Additionally, you can make an easy and quick purchase at www.wedding-sparklers.co.uk too. They can guarantee to offer you low rates as compared to other sites. Well, these sites will not allow you to purchase a single sparkler. They sell the whole pack and case of coloured sparklers, so you can make a quick purchase of the whole case or pack of these sparklers easily. 5. Monster coloured sparklers Purchasing monster coloured sparklers is not a stressful task that many of the individuals think. Well, a few things should be considered while using the monster coloured sparklers. If you are using the goliath sparklers, you should make sure that where you are going to use these sparklers and the place where it will be used must have a proper space where you will be keeping these monster sparklers. Make sure you don’t use them in a compact space because they will not look good in little spaces. Additionally, it will offer you zero convenience when compared with utilization of typical sparkler. Thus, you must use the monster coloured sparklers where you have huge space and amazing look and feel. 6. Blue coloured sparklers You can find different coloured sparklers like blue coloured sparklers. It can also be used in different ways. If you have a set a theme of your wedding venue as blue, you can place it any of the items which can make it appear extraordinary. Moreover, if you have organized a birthday party, a blue colour sparkler will look perfect for the birthday cake too. If in case you have a cocktail party or where the drinks are involved, then you can place them on a champagne bottle and can light the same on it. These are some of the ways and strategies which can be implemented for using these coloured sparklers. They offer beguiling vibes and amazing look to the whole space. 7. Coloured indoor sparklers No doubt, these sparklers can be used indoors as well. They are distinctive and unique from all others and the popularity of indoor sparklers has highly increased. Lighting coloured sparklers are also one trick. You must never use a matchbox for lightning these sparklers. A quality lighter that is specially designed for these sparklers can be used for illuminating coloured indoor sparklers. For carrying out this activity, you just need to take your lighter and ignite the dainty paper present at its last. Under the paper, there is also an ignitable chemical that produces sparklers once it lightens up. You need to keep flame contact with this paper until the coloured indoor sparkler lights up properly. The indoor coloured sparklers are 100% safe as they are smokeless and gives magnificent coloured sparks once lighten up. 8. Large coloured sparklers The different types of coloured sparklers are available in the market. You can find different variety of sparklers at www.wedding-sparklers.co.uk. The most-selling sparklers on this site are large coloured sparklers. They are accessible to be purchased at nearby stores too. You can find the 18 inches of large sparklers that are timeless and classic. These coloured sparklers offer enough time for capturing the photos of the bride and groom. For being on the safer side, you can order them in bulk to enjoy the unforgettable photo shoot and to make the moment memorable. 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The weddings are a special occasion and these coloured sparklers hold that charm and can build an aura for all the guests. Similarly, when the bride and groom are about to cut the wedding cake, these sparklers can create positive and celebrational vibes around. When these 18-inch coloured sparklers are ignited, they burn for long which allows the photographer to capture every moment shared between the bride and groom. The coloured sparklers are the first preference by all the people as they release multi-colour of sparks which turns out talk of the event.  The best part of the coloured sparkers can be used on cakes too. They are food safe and they come without any restrictions. The 18-inch coloured sparklers offer extended burn for long minutes. They are perfect for the photographs as they burn for long and make the getaway past in rows of lighted sparklers. These coloured sparklers emit a great amount of light as they are long enough and can be held easily. Enjoying with the coloured sparklers has turned more amazing and fun for the pictures. They are smokeless sparklers which emit a small amount of the smoke, which means you can get clearer pictures and attractive view of the wedding celebration. 11. Variety of coloured sparklers availability With the amazing variety of sizes available like 7-inch sparklers, 10-inch sparklers, and 18 inches, you can find the perfect fit for all types of celebration. You can also check out some of the safety tips which are important for everyone to adhere to. The best part, the coloured sparklers are available for using in both indoors and outdoors. The only thing you need to keep in mind is when the children are around and they want to play with these coloured sparklers, make sure they enjoy under adult supervision only. If any of your special events like birthday, prom, wedding or reception is coming up, then get ready to make memories with coloured sparklers to last long for a lifetime. You can make a grand exit from the wedding to make it a special one with these coloured sparklers. 12. Have an epic show with coloured sparklers The special events like wedding are made of special moments. The only hope is that the wedding photographers capture the alluring moments through their camera lens. If you are also waiting for such photographs and want to have the best one amongst all, then try these coloured sparklers which can be an epic show in your upcoming special event.  Great thanks go to the availability of coloured sparklers; it is because of the availability of the online site the use of these magnificent sparklers in wedding send-off has turned more popular than ever. 13. Order your favourite coloured sparklers All you need to do is, place an order for your coloured sparkler online, learn how to use them and you can create the best of the memories with these best-coloured sparklers.  

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Global Strontium Market reporting a CAGR of 4.91% in 2024

The vendor landscape in the global strontium market is marked by the presence of a limited number of companies. Among these, Sakai Chemical Industry Co., Ltd., Solvay, and Bass Tech International accounted for the dominant share of 60% in the global market in 2015, finds Transparency Market Research (TMR) in a new study. Of these companies, Solvay holds advantage as it is engaged in mining strontium materials. This has made the prevailing competition fiercer. TMR predicts medium to high degree of competition in the global strontium market. Meanwhile, the market exhibits the presence of companies such as KBM Affilips and Yuxiang Magnetic Materials Ind. Co. Ltd. who are not directly engaged in the production of strontium. They are primarily engaged in manufacturing products used in downstream application sectors.

“Strategies adopted by these companies have a profound impact on the overall strontium market,” said a lead TMR analyst. TMR pegged the global market at 240.72 kilo ton in 2015. The market is expected to reach 372.09 kilo ton by the end of 2024, reporting a CAGR of 4.91% from 2016 and 2024. Among key application segments, ferrite magnets are likely to hold dominance through the forecast period. The segment held nearly 32.29% of the global market surpassing other segments including master alloys, zinc refining, paints and coatings, medical, and pyrotechnics. Regionally, Asia Pacific and North America are leading candidates for the top spot. While North America emerged dominant in 2015 with a share of over 29% in the global market, Asia Pacific, as per TMR, is likely to redeem itself.

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The improving economic conditions across nations has greatly benefited the global strontium market. Economic rebound in developed economies and growth in emerging nations have made industries across the globe more willing to invest in strontium carbonate. Besides this, the market is forecast to benefit from novel applications. In addition to this, the persistently rising use of strontium in traditional areas will bode well for the global strontium market. As per TMR, the increasing use of pyrotechnics in firecrackers, flashpapers, flares, and crackers will boost sales prospects for the market. Firecracker displays during events across various parts of the world will therefore fuel the demand for strontium.

On the downside, various countries have implemented stringent regulations to curb pollution. Some of these regulations also inhibit the use of firecrackers. Since strontium is a commonly used compound in firecrackers, regulations imposed to limit their use will have a negative impact on the overall strontium market. Nonetheless, the market is expected to gain from the increasing sales of master alloys in the coming years. The rising use of master alloys in plants where metals and alloys are melt to cast the, into various shapes will therefore boost growth prospects for the market.

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Master alloys are made of strontium, which offers increased ductility and excellent structure control. Because using master alloys can prove economical than pure metals their demand is expected to surge in the coming years. This will in turn fuel the demand for strontium in the forthcoming years.

This review is based on a TMR report, titled “Strontium Market (Product – Strontium Carbonate, Strontium Nitrate, and Strontium Sulphate; Application – Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, and Zinc Refining) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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[tejasamale]

Global Strontium Market: Demand for Strontium to Surge as Master Alloys Replace Pure Metals across Industries

Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to remain from medium to high in the coming years.

Meanwhile, companies such as Yuxiang Magnetic Materials Ind. Co. Ltd. and KBM Affilips are not directly engaged in the production of strontium. Instead, their activities are focused on the manufacturing of products considered in the downstream application sectors of strontium. “Strategies that these companies adopt to gain competitive edge have a profound impact on the market operations,” said a lead TMR analyst. According to TMR, the global strontium market stood at 240.72 kilo ton in 2015. Exhibiting a CAGR of 4.91% between 2016 and 2024, the market is forecast to reach 372.09 kilo ton by the end of 2024.

Based on application, the dominance is expected to remain with ferrite magnets through the forecast period. In 2015, they constituted the leading share of 32.29% in the market, leaving other segments including pyrotechnics, master alloys, paints & coatings, zinc refining, and medical behind. Regionally, North America and Asia Pacific are competing for the top slot. In 2015, North America marginally emerged dominant with a share of 29.65% in the overall market. However, by the end of the forecast period, the Asia Pacific market has high chances of redeeming itself.

Increasing Use of Strontium across Novel and Traditional Applications to Boost Growth

Thanks to improved economic conditions among major nations, industries are willingly investing in strontium carbonate. Besides novel applications, the use of strontium in traditional sectors has taken a leap. For instance, the use of strontium carbonate in glass, ceramics, and pyrotechnics will persist, alongside sustained demand for application in ferrite magnet. Considering this, the rising use of pyrotechnics in myriad exhibition purposes such as flares, fireworks, crackers, and flashpapers will deem lucrative for the market.

Firework displays are a big thing across various parts of the world. Be it during festivities, celebrations, or New Year’s Eve, the demand for fireworks has persisted across the years. These fireworks include bright colors with red being the dominant. Strontium compounds are used as red colorant providers, which enables the strontium market derive prospects from rising sales of firecrackers worldwide.

Laws Implemented to Limit Use of Fireworks to Have Negative Impact

On the downside, stringent regulations aimed at curbing pollution may inhibit the market’s trajectory to an extent. A major cause of smoke in pyrotechnics and firecrackers is the colorant. Since strontium is a common compound used in them, effects of laws enforced to curb or limit their use will inevitably percolate to the strontium market, limiting increased scope of sales. Nevertheless, the market is witnessing immense opportunities in the rising sales of master alloys. They are increasingly employed in plants that melt metals and alloy with other elements to cast them into different shapes.

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Master alloys are composed of strontium, which exhibit properties such as structure control and increased ductility. As using master alloys has proved more economical and technical than using pure metals, their demand is poised to surge in the coming years. With this, companies operating in the global strontium market will witness considerable opportunities to capitalize on.

The review is based on information published in a recent TMR study, titled “Strontium  Market (Product – Strontium Carbonate, Strontium Nitrate, and Strontium Sulphate; Application – Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, and Zinc Refining) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 -2024.”

[mahendralunkad-blog]

Strontium Market to Value US$2.68 bn by 2024

Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to remain from medium to high in the coming years.

Meanwhile, companies such as Yuxiang Magnetic Materials Ind. Co. Ltd. and KBM Affilips are not directly engaged in the production of strontium. Instead, their activities are focused on the manufacturing of products considered in the downstream application sectors of strontium. “Strategies that these companies adopt to gain competitive edge have a profound impact on the market operations,” said a lead TMR analyst. According to TMR, the global strontium market stood at 240.72 kilo ton in 2015. Exhibiting a CAGR of 4.91% between 2016 and 2024, the market is forecast to reach 372.09 kilo ton by the end of 2024.

Based on application, the dominance is expected to remain with ferrite magnets through the forecast period. In 2015, they constituted the leading share of 32.29% in the market, leaving other segments including pyrotechnics, master alloys, paints & coatings, zinc refining, and medical behind. Regionally, North America and Asia Pacific are competing for the top slot. In 2015, North America marginally emerged dominant with a share of 29.65% in the overall market. However, by the end of the forecast period, the Asia Pacific market has high chances of redeeming itself.

A sample of this report is available upon request @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16517

Increasing Use of Strontium across Novel and Traditional Applications to Boost Growth

Thanks to improved economic conditions among major nations, industries are willingly investing in strontium carbonate. Besides novel applications, the use of strontium in traditional sectors has taken a leap. For instance, the use of strontium carbonate in glass, ceramics, and pyrotechnics will persist, alongside sustained demand for application in ferrite magnet. Considering this, the rising use of pyrotechnics in myriad exhibition purposes such as flares, fireworks, crackers, and flashpapers will deem lucrative for the market.

Firework displays are a big thing across various parts of the world. Be it during festivities, celebrations, or New Year’s Eve, the demand for fireworks has persisted across the years. These fireworks include bright colors with red being the dominant. Strontium compounds are used as red colorant providers, which enables the strontium market derive prospects from rising sales of firecrackers worldwide.

Laws Implemented to Limit Use of Fireworks to Have Negative Impact

On the downside, stringent regulations aimed at curbing pollution may inhibit the market’s trajectory to an extent. A major cause of smoke in pyrotechnics and firecrackers is the colorant. Since strontium is a common compound used in them, effects of laws enforced to curb or limit their use will inevitably percolate to the strontium market, limiting increased scope of sales. Nevertheless, the market is witnessing immense opportunities in the rising sales of master alloys. They are increasingly employed in plants that melt metals and alloy with other elements to cast them into different shapes.

Master alloys are composed of strontium, which exhibit properties such as structure control and increased ductility. As using master alloys has proved more economical and technical than using pure metals, their demand is poised to surge in the coming years. With this, companies operating in the global strontium market will witness considerable opportunities to capitalize on.

The review is based on information published in a recent TMR study, titled “Strontium  Market (Product - Strontium Carbonate, Strontium Nitrate, and Strontium Sulphate; Application - Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, and Zinc Refining) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 -2024.”

[sagarj-things-blog]

Strontium Industry Outlook, Growth Prospects and Key Opportunities 2024

Global Strontium Market: Snapshot

Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s 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). There are a number of strontium (Sr) isotopes existing in nature; however, only four of them are stable, namely Sr-84, Sr-86, Sr-87, and Sr-88 whose overall occurrence in the earth’s crust approximately accounts for 0.6%, 9.8%, 7.00%, and 82.6% respectively. However, there are no definitive studies that can determine the occurrence of these isotopes on a regional or country level.

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The global strontium market is forecast to exhibit a CAGR of 4.91% between 2016 and 2024. At this pace, the market which stood at 240.72 kilo ton in 2015 is expected to reach 372.09 kilo ton by the end of 2024.

Strontium Carbonate to Remain Dominant Product Segment on Account of its Myriad Applications

The product segment includes compounds of strontium such as strontium carbonate, strontium nitrate, strontium sulphate, and others (oxides, peroxides, hydroxides, and chlorides of strontium). The most consumed strontium compound is strontium carbonate. Strontium carbonate has vast number of applications and is one of the primary compounds that is used as the precursor to produce other strontium compounds. On account of this, strontium carbonate is expected to remain at the market’s fore through the course of the forecast period. Major reason behind high consumption of strontium carbonate is that it is produced from the refining and processing of mineral Celestine.

Enterprises operating in the strontium market is gaining from large number of strontium applications, which include red colorant in fireworks, flares, and other pyrotechnics, manufacture of strontium ferrite for permanent magnets, and preparation of luminous paints and shimmering glass. Strontium is predominantly employed in pyrotechnics and the production of ceramic ferrite magnets, which constitute the leading market segment. Ferrite magnets occupied almost 32.29% of the overall market in 2015. The pyrotechnics segments emerged as the close second-lead in the same year.

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Strontium acts as a luminescence and anti-corrosive factor in paints & coatings and is utilized in small amounts in the medical industry as well. In pyrotechnics, strontium compounds act as red colorants. Strontium ferrite magnets are employed in microwave devices, small electric motors, magneto-optic media, recording media, and in the electronics & telecommunication industry. Compounds such as strontium aluminate and strontium chromate are used in the paints & coatings industry for luminescence requirements and anti-corrosive coatings respectively. Addition of strontium carbonate to the electrolytic solution catalyzes the process of zinc refining. Majority are master alloys produced that contains strontium are aluminium based.

North America and Asia Pacific to Fight For the Leading Spot

In terms of production, China, Mexico, and Spain are major countries in the strontium market. The U.S., the U.K., France, Italy, China, India, and a few other nations in Asia are major consumers of strontium. Currently North America and Asia Pacific exhibit the most lucrative prospects for market players. These regions together hold the leading market share, however, in 2015 the North America strontium market marginally emerged dominant with a share of 29.65% in the coming years. Similarly, over the forecast period there is high possibility of the table turning in favor of the Asia Pacific market.

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[globalmarketestimates-blog]

Global Strontium Market Size, Volume, Trends & Analysis – Forecasts To 2026 By Product (Strontium Carbonate, Strontium Sulphate, Strontium Nitrate, Others (Strontium Nitrate, Strontium Hydroxide, Etc.)), By Application (Electrical & Electronics, Pyrotechnic, Medical & Dental, Personal Care, Paints & Coatings, Others (Automotive, Aerospace, Etc.)), By Region (North America, Central and South America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, and Company Market Share Analysis & Competitor Analysis

[mahajanmangesh3023]

Strontium Market 2020- Overview, COVID-19 Analysis, Growth and Forecast to 2023

Segmentation Analysis

The Global Strontium Market has been segmented based on product, application, and region.

Based on product, the market has been segmented into strontium carbonate, strontium sulfate, strontium nitrate, strontium chlorates, and others.

By application, the market has been divided into electrical & electronics, paints & coatings, personal care, pyrotechnic, refining, dental care, and others.

Top Key Players

·         Solvay

·         SAKAI CHEMICAL INDUSTRY CO.LTD.

·         Basstech International

·         Canteras Industriales

·         S.L.

·         QUIMICA DEL ESTRONCIO

·         S.A.

·         JOYIENG CHEMICAL LIMITED

·         SHENZHOU JIAXIN CHEMICAL CO.LTD.

·         ProChem Inc.

·         CHEMALLOY

·         Noah Technologies Corporation

Regional Analysis

The Global

Strontium Market

has been segmented into five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific accounted for most of the market share in 2017 due to the high demand for strontium in paints & coatings, consumer goods, electronics, and pyrotechnic. The demand fort paints & coatings can be attributed to the rapid industrialization and urbanization, which has resulted in an increased number of commercial and residential construction activities. The growth of the electronics industry in China, Malaysia, Thailand, and India is another factor propelling market growth. The use of mobile phones, televisions, gaming devices, laptops, and other electronics, along with initiatives such as Digital India, are likely to fuel product demand in the electronics industry. According to the National Investment Promotion and Facilitation Agency, the Indian electronics market is nearly 75% import-driven and the government has envisioned a target of net zero imports by 2020, which is expected to boost product demand for the manufacturing of electronics. The rising disposable income and the changing lifestyle of the consumers is driving the growth of these industries, which in turn, drives the global strontium market. North America accounted for the second-largest market share in 2017 due to the growing demand for strontium in the paints & coatings, automotive, electronics, and construction industries. The increasing demand for wireless electronic devices due to high standards of living in the region is likely to further fuel demand.   The European market is expected to showcase significant growth due to the high product demand for automotive parts production in the region, especially in Western countries such as Germany, the UK, France, and Italy. The Latin American market is expected to witness substantial growth due to the high demand in the automotive industry in the region.

Growing industrialization and increasing business sector is likely to drive the demand for paints & coatings, which in turn, will drive the demand for strontium in the Middle East & African region.

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[pareshtmr]

Strontium Market: Demand for Strontium to Surge as Master Alloys Replace Pure Metals across Industries, TMR

Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to remain from medium to high in the coming years.

Meanwhile, companies such as Yuxiang Magnetic Materials Ind. Co. Ltd. and KBM Affilips are not directly engaged in the production of strontium. Instead, their activities are focused on the manufacturing of products considered in the downstream application sectors of strontium. “Strategies that these companies adopt to gain competitive edge have a profound impact on the market operations,” said a lead TMR analyst. According to TMR, the global strontium market stood at 240.72 kilo ton in 2015. Exhibiting a CAGR of 4.91% between 2016 and 2024, the market is forecast to reach 372.09 kilo ton by the end of 2024.

Browse The Full Article Here:http://www.transparencymarketresearch.com/strontium-market.html

Based on application, the dominance is expected to remain with ferrite magnets through the forecast period. In 2015, they constituted the leading share of 32.29% in the market, leaving other segments including pyrotechnics, master alloys, paints & coatings, zinc refining, and medical behind. Regionally, North America and Asia Pacific are competing for the top slot. In 2015, North America marginally emerged dominant with a share of 29.65% in the overall market. However, by the end of the forecast period, the Asia Pacific market has high chances of redeeming itself.

Increasing Use of Strontium across Novel and Traditional Applications to Boost Growth

Thanks to improved economic conditions among major nations, industries are willingly investing in strontium carbonate. Besides novel applications, the use of strontium in traditional sectors has taken a leap. For instance, the use of strontium carbonate in glass, ceramics, and pyrotechnics will persist, alongside sustained demand for application in ferrite magnet. Considering this, the rising use of pyrotechnics in myriad exhibition purposes such as flares, fireworks, crackers, and flashpapers will deem lucrative for the market.

Firework displays are a big thing across various parts of the world. Be it during festivities, celebrations, or New Year’s Eve, the demand for fireworks has persisted across the years. These fireworks include bright colors with red being the dominant. Strontium compounds are used as red colorant providers, which enables the strontium market derive prospects from rising sales of firecrackers worldwide.

Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16517

Laws Implemented to Limit Use of Fireworks to Have Negative Impact

On the downside, stringent regulations aimed at curbing pollution may inhibit the market’s trajectory to an extent. A major cause of smoke in pyrotechnics and firecrackers is the colorant. Since strontium is a common compound used in them, effects of laws enforced to curb or limit their use will inevitably percolate to the strontium market, limiting increased scope of sales. Nevertheless, the market is witnessing immense opportunities in the rising sales of master alloys. They are increasingly employed in plants that melt metals and alloy with other elements to cast them into different shapes.

Master alloys are composed of strontium, which exhibit properties such as structure control and increased ductility. As using master alloys has proved more economical and technical than using pure metals, their demand is poised to surge in the coming years. With this, companies operating in the global strontium market will witness considerable opportunities to capitalize on.

The report segments the strontium market as:

Strontium Market – Product Analysis

Strontium Carbonate

Strontium Nitrate

Strontium Sulphate

Others

Strontium Market – Application Analysis

Pyrotechnics

Ferrite Magnets

Master Alloys

Paints & Coatings

Medical

Zinc Refining

Others

The review is based on information published in a recent TMR study, titled “Strontium  Market (Product - Strontium Carbonate, Strontium Nitrate, and Strontium Sulphate; Application - Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, and Zinc Refining) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 -2024.”

[trendingnewz-blog]

Strontium Carbonate Market : Development Insight and Manufacturers Challenge Competitors 2026

Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s crust. It occurs in the form of strontianite and celestine mineral ores. Strontianite is composed of strontium carbonate, while celestine is composed of strontium sulfate. These two are the only minerals that contain strontium in an amount sufficient to make its recovery practical. Strontium does not occur as a free element in nature, due to its high reactivity to air and water. It exists in the form of its compounds, majorly as carbonate and sulfate salts.

Strontium carbonate is the carbonate salt of strontium with chemical formula SrCO3. It appears in the form of white or grey powder. It occurs in the form of strontianite mineral deposits in nature; however, only a few deposits discovered are suitable for development. Even though strontianite would be more useful of the two commonly found minerals (the other being celestine), as strontium carbonate is the largely used compound with a wide variety of applications; it is not available in quantities sufficient to make its recovery practical. Strontium carbonate is hygroscopic in nature i.e. it can attract and hold water molecules from the surroundings. This makes it a highly preferred strontium compound. Another factor is low cost of production.

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Strontium carbonate has a large number of applications including the manufacture of strontium ferrite for permanent magnets and preparation of luminous paints and shimmering glass. It is also used in the production of strontium ferrite magnets which are employed in microwave devices, small electric motors, magneto-optic mediums, recording mediums, and in the electronics & telecommunication industry.

Strontium carbonate is individually used in fireworks, flares, and other pyrotechnics as a red colorant. When combined with copper compounds, it acts as a purple colorant. Refining of zinc with the help of strontium carbonate is carried out by using a specialized form of electrolysis known as electrowinning. Electrowinning is the process of electrodeposition of zinc from its ore, which is put in the solution through a process called leaching.

Being a weak Lewis base, strontium carbonate can be employed to produce different strontium compounds, simply by using the corresponding acid. Strontium chloride can be prepared by treating strontium carbonate with hydrochloric acid. The reaction between strontium carbonate and sodium dichromate yields strontium chromate. Strontium nitrate is typically produced by the reaction of nitric acid with strontium carbonate. The decomposition of strontium carbonate results in the formation of strontium oxide.

Strontium aluminate (SrAl2O4) and strontium chromate (SrCrO4), which are prepared from strontium carbonate, are used in the paints & coatings industry for luminescence requirements and anti-corrosive coatings, respectively. Strontium carbonate descendants such as strontium chloride, strontium ranelate, strontium acetate, strontium peroxide, and strontium nitrate are used in various drugs.

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Based on application, the strontium carbonate market can be segmented into pyrotechnics, ferrite magnets, master alloys, paints & coatings, medical, zinc refining, and others. Based on region, the strontium carbonate market can be divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominates the global strontium carbonate market in terms of volume, due to presence of one of the top producers i.e. China in the region. The region also holds a significant market share in terms of consumption of strontium carbonate. Asia Pacific is followed by North America and Europe. Mining facilities of strontium are limited to certain geographies, as the occurrence of minerals is limited to specific regions. However, several countries import the mineral from which strontium carbonate can be produced domestically. For instance, the U.S. imports strontium minerals from Mexico in order to synthesis strontium carbonate from the ores.

Global Strontium Carbonate Market: Key Players

Some of the players operating in the strontium carbonate market are backward integrated into mining of strontium minerals. Key players in the global strontium carbonate market include Solvay, Sakai Chemical Industry Co. Ltd., Quimica Del Estroncio S.A., and BassTech International.

[anythinggreek]

How toothpastes make you and your children sick

Allergies among children are widespread as never before, now Autism, Attention Deficit and Bipolar Disorders are rampant? The multitude of toxic chemicals and their combination embodied in your tube of Toothpaste may hold the answer to many unexplained symptoms of ill-health, mood swings and fatigue. Just look up the definition of the key ingredients of almost any Toothpaste, with intimidating terms such as: Sodium Fluoride, Triclosan, Polyethylene Glycol, Sodium Hydroxide, FD&C-blue 1, FD&C-yellow 5, Methylparaben, Proylparaben, Cocamidopropyl Betaine, PEG-32, PEG-12, PEG-8, Polypropylene Glycol, Tetrasodium Pyrophosphate, PVM / MA Copolymer, Saccharin, Titanium Dioxide, Sorbitol, Glycerol, Potassium Nitrate, Strontium Chloride, Zinc Citrate, Sodium Lauryl Sulfate, Chlorhexidine, Aluminum Trihydrate, Sodium Hexametaphosphate and Monofluorophosphate, Sodium Methyl Cocoyl Taurate, Silica, Allantoin, Hydrogen Peroxide, BHT, Manganese Gluconate, Tocopheryl Acetate, Thymol, Carrageenan, Fragrance, Flavors, and the list goes on.. Now, which of the above “Ingredients” are benign and which are highly toxic health challengers? Which Toothpaste is safe and which must I avoid? The good news is that there are quite a few Toothpastes available that are free of known toxins, but these are definitely not be the ones that are placed at eye level in the supermarket shelves, or those that suggest to be healthy on the package. None of the main brand Toothpaste lists a single healthy or health promoting ingredient. Sadly though, the most popular heavily advertised brands seem to be the most toxic; it seems that large corporations invest more into marketing than research and have no concern for the sustained health of the consumers. Case in point, the least toxic of hundreds of Colgate’s Toothpaste brands checks in at rank 147 of the non-profit Environmental Working Group’s comprehensive “Cosmetic database”. In the most toxic category, Colgate occupies 3 of 11 positions while it clearly dominates the list with 71 of 128 products in the second highest toxin class. Procter & Gamble’s Crest also claims 1 position in the top toxic and 16 positions in the second most toxic class. Johnson &Johnson’s Rembrandt brand Toothpastes claim 3 positions in the most toxic and 14 in the second most toxic ranks. None of the three behemoth corporations sport a single product in non-toxic or benign categories. That is the exact reason why we must educate ourselves about the function of the product. Organic and Healthy Toothbrush Recommendations Do those companies that control the market care about consumer health? The two market leaders Colgate Palmolive (Colgate, Ultra Brite, Tom’s of Maine) and Procter & Gamble (Crest) together an Oligopoly, control 60% of the Toothpaste market; GlaxoSmithKline (Aquafresh), and Church & Dwight (Arm & Hammer, plus Close-Up, Mentadent, Aim, Pepsodent acquired from Unilever in 2003), account for much of the rest. It is obvious that these conglomerates are fiercely fighting over every point in market share and they have a shared vested interest in making consumer quality searches as tenuous as possible. This is clearly demonstrated by the way Industry conspires to delude the consumers: in May 2009 a letter leaked through the Blogosphere, citing how the Chemical Lobby intends to defray consumer pressure on BPA (Bisphenol A) Baby bottles by Employing fear tactics like threatening consumers with limited access to affordable baby food. Using a "pregnant young mother who would be willing to speak around the country about the benefits of BPA" as their 'holy grail' spokesperson. Focusing fear tactics on historically exploited populations including "Hispanic and African Americans and the poor;"and "Befriending people that are able to manipulate the legislative process." The incredible arrogance by which big Industry is addressing consumer concerns is evidenced by Johnson & Johnson’s retort to the May 27, 2009  letter by the Campaign for Safe Cosmetics to J&J’s CEO William C. Weldon; asking that its products made for children don’t contain hidden carcinogenic contaminants 1,4-dioxane and formaldehyde (which also occurs in most main brand Toothpastes as contaminants of ingredients). Both of these chemicals cause cancer in animals, and formaldehyde is also known to cause skin rashes in people who are sensitive to the chemical. So what is J&J’s response? It chastises the messenger: We are disappointed that the Campaign for Safe Cosmetics has inaccurately characterized the safety of our products, misrepresented the overwhelming consensus of scientists and government agencies that review the safety of ingredients, and unnecessarily alarmed parents” Then they go on and grossly distort the facts: The FDA and other government agencies around the world consider these trace levels safe, and all our products meet or exceed the regulatory requirements in every country where they are sold. But the FDA does not regulate cosmetics and does not require companies to test their own products for safety. Moreover J&J is well able to market products without these toxins in Japan, in order to comply with regulations. So it is, once again, all about profits, at the cost of safety. You can find an alphabetical list of he toxic chemicals and what they do to your health and the environment - and a list of safe Toothpastes and Natural Alternatives - and a list of references at: http://www.vitalityconcepts.com Source by Heinz Gisel Click to Post

[mahajanmangesh3023]

Impact of COVID-19 on Strontium Market Size 2020- Industry Share, Growth, Opportunities, Size, Regional Outlook, Competitive Strategies 2023

Market Overview

Strontium, a soft metal with silvery luster is mined from two key ores such as celestine and strontian. Strontium is also obtained synthetically formed through nuclear reactions, and there are around 16 radioactive isotopes of strontium. Strontium finds its extensive applications in various industries including electrical & electronics, paints & coatings, and personal care. However, paints & coatings are the largest end-user industry of strontium, which drives its market value.

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The increasing use of paints & coatings in industries such as aerospace, automotive, construction, and electronics is a major factor driving the global strontium market. According to a recent research report published by Market Research Future (MRFR), the global Strontium market is expected to witness significant growth by 2023. MRFR also asserts that the market would grow at a substantial CAGR throughout the forecast period (2016-2023).

The market demand is largely influenced by the increasing waterborne recreational activities and global defense expenditure. Furthermore, the growing use of strontium oxide and strontium carbonate as frits in ceramic glazes as a non-toxic alternative to barium and lead is another crucial factor propelling the growth of the market. Besides, increasing uptake of strontium-based glass in cathode ray tube faceplates as it absorbs ultraviolet and x-ray radiation fosters the growth of the market.

On the other hand, stringent regulations regarding controlling mining activities and the reactive nature of strontium would impede the growth of the market during the forecast period. Nevertheless, increasing usages of strontium as a glass modifier in electronic devices to intensify light refraction would support the market growth over the review period.

Key Players

·         Solvay SAKAI CHEMICAL INDUSTRY CO.LTD.

·         Basstech International

·         Canteras Industriales

·         S.L.

·         QUIMICA DEL ESTRONCIO

·         S.A.

·         JOYIENG CHEMICAL LIMITED

·         SHENZHOU JIAXIN CHEMICAL CO.LTD.

·         ProChem Inc.

·         CHEMALLOY

·         Noah Technologies Corporation

Global Strontium Market - Segments

The report is segmented into three market dynamics to widen the scope of understanding,

By Product: Strontium Sulfate, Strontium Carbonate, Strontium Nitrate, and Strontium Chlorates, among others.

By Application: Electrical & Electronics, Paints & Coatings, Personal Care, Pyrotechnic, and Refining, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

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Based on application, the market has been segmented into electrical & electronics, paints & coatings, personal care, pyrotechnic, refining, dental care, and others. The paints & coatings segment accounted for a major market share in 2017 on account of the high demand for paints & coatings in major end-use industries such as aerospace, automotive, construction, consumer electronics, marine, and ship-building.

Regional Analysis

The Asia Pacific region leads the global strontium market, heading with the growing paints & coatings industry. A substantially high demand paints & coatings from the burgeoning automotive, packaging and electronics industry is a key factor expected to influence the growth of the market. The high growth of the APAC strontium market can also attribute to the rapid industrialization and urbanization in emerging countries such as India, Japan, China, Thailand, Malaysia, and Singapore. High production and sales in major end-use industries such as construction, automobiles, and electronics led by improving economic conditions in the region drive the regional market growth.

The strontium market in the North American region takes the second-leading position, globally. The high demand for strontium from the paint & coating industry that is witnessing the increasing consumption from the automotive, aerospace, and electronics industries in the region foster the growth in the regional market. Average population growth is witnessed in the region, which is generating demand for new houses and increased supply of consumer durable goods, commutatively resulting in the rising size of the regional market.

The European Strontium market is emerging as a profitable market globally. The increasing rate of production and sales of automotive parts in the Western European countries such as the UK, Germany, France, and Italy would fuel the demand for strontium, increasing the consumption of paints & coatings. The region is expected to grow with a moderate CAGR in terms of volume and a noteworthy CAGR in terms of value through the assessment period, due to developing infrastructures, growing per capita income in the region.

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