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STRONTIUM

Global Market Trajectory & Analytics

MCP-2656

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

522

Interactions with Platform & by Email *

INTERACTIONS

104

Unique # Participated *

PARTICIPANTS

21

Responses Validated *

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9

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  •  DATE

    JULY 2020

  •  TABLES

    222

  •  PAGES

    271

  •  EDITION

    16

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Strontium estimated at 274.8 Thousand Tons in the year 2020, is projected to reach a revised size of 340.9 Thousand Tons by 2027, growing at a CAGR of 3.1% over the analysis period 2020-2027.Strontium Carbonate, one of the segments analyzed in the report, is projected to grow at a 3.9% CAGR to reach 160 Thousand Tons by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Strontium Nitrate segment is readjusted to a revised 3% CAGR for the next 7-year period. This segment currently accounts for a 30.7% share of the global Strontium market.
The Strontium market in the U.S. is estimated at 74.2 Thousand Tons in the year 2020. The country currently accounts for a 27% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 72.1 Thousand Tons in the year 2027 trailing a CAGR of 6.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR while Rest of European market (as defined in the study) will reach 72.1 Thousand Tons by the year 2027.
In the global Strontium Sulphate segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 33 Thousand Tons in the year 2020 will reach a projected size of 37.4 Thousand Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 47.7 Thousand Tons by the year 2027, while Latin America will expand at a 3% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 271-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Asia Barium & Strontium Salts Co. (ABASSCO); Barium & Chemicals, Inc.; Basstech International LLC; KBM Affilips BV; Noah Technologies Corporation; Prochem, Inc.; Quimica Del Estroncio SA; Sakai Chemical Industry Co., Ltd.; Shijiazhuang Zhengding JINSHI Chemical Co., Ltd.; Solvay SA; Yuxiang Magnetic Materials Ind. Co., Ltd.
» Product (Strontium Carbonate, Strontium Nitrate, Strontium Sulphate, and Other Products) » Application (Pyrotechnics, Ferrite Magnets, Master Alloys, Paints & Coatings, Medical, Zinc Refining, and Other Applications)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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