STRONTIUM CARBONATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Strontium Carbonate Market, By Grade (Electronic Grade and Industrial Grade), By Application (Glass and Ceramics, Pyrotechnics and Signals, Electronics and Semiconductors, Paints and Coatings, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024
Code : CMI7197
Pages :134
Formats :
Excel and PDF
Industry : Advanced Materials

Market Concentration and Competitive Landscape

Strontium Carbonate Market Concentration By Players

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Growth in ceramic industry

The global ceramic industry has seen steady rise in the recent years which has significantly contributed to the growth of the strontium carbonate market. Ceramics have wide applications across various sectors such as construction, sanitary ware, electrical and electronics, and armor and defense. Growth in the construction and infrastructure development activities around the world have boosted the demand for ceramic tiles and sanitary ware products.

Strontium carbonate is used as a fluxing agent in the production of ceramic glazes and tiles. It aids in lowering the melting points of minerals during firing and improves workability. Rising construction of residential and commercial buildings has fueled the sales of ceramic tiles, which, in turn, has increased the consumption of strontium carbonate.

Key Players Insights