Product Code: ETC196356 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Strontium Carbonate market currently, in 2023, has witnessed an HHI of 4038, Which has decreased moderately as compared to the HHI of 4567 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Strontium Carbonate (SrCO3) is an odorless white powder or granular material that appears off-white when it contains impurities. It occurs naturally as the mineral celestite but can be manufactured synthetically from strontium oxide through calcination process using either limestone or other sources of calcium carbonate. The most common application for Strontium Carbonate involves lead replacement technology used by battery manufacturers for powering consumer electronics such as digital cameras, cell phones etc. As a flame retardant component, it has been widely adopted across various end use industries such as automotive, military & defense etc., making it one of the major markets for SrCO3.
Increasing Demand from Pharmaceutical Industry ??? One of the major drivers driving India strontium carbonates market is increasing demand from pharmaceutical industry where they are used primarily as antacids and dietary supplements due to their ability absorb acidity in stomach lining thus providing relief from heartburns and indigestion symptoms caused by elevated levels of gastric acidity inside body system. Low Hygroscopicity Nature ??? Due to its low hygroscopicity nature SrCO3 finds several applications within many manufacturing processes like production of ceramics & glass materials which makes them more durable than their counterparts made without srco3 resulting into increased product life span leading towards higher customer satisfaction rates ultimately boosting overall sales volume thereby propelling India SrCO3 Market Growth In Future Years Ahead.
High Price Volatility ??? Another significant challenge faced by companies operating within India SrCO3 Market Is High Price Volatility Of Raw Materials Making It Difficult For Them To Set Long Term Pricing Structure Leading Towards Decreasing Profit Margins Ultimately Affecting Overall Bottom Line Performance Of Companies Operating Within This Space. Environmental Concerns??? Additionally Growing Concern Over Environmental Protection Regulations Pertaining.
The key players operating in India strontium carbonate market are Shree Baidyanath Ayurved Bhawan Pvt Ltd., Advanced Chemicals Inc., Jost Chemical Co., Himedia Laboratories Pvt Ltd., Sisco Research Laboratories Pvt Ltd., Niacet Corporation (USA), Alfa Aesar (Johnson Matthey Group) and Anten Chemical Co. Ltd.
In response to Covid-19 related disruptions and economic slowdown witnessed during 2020, some major companies have adopted cost cutting measures which include job cuts or slashing salaries among others; while others have announced their decision not to pay dividends this year as part of their financial recovery strategies going forward into 2021. Additionally some companies have also delayed product launches planned earlier due to reduced demand for their products owing to increased uncertainty caused by pandemic related disruptions across industries globally including India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Strontium Carbonate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Strontium Carbonate Market Revenues & Volume, 2020 & 2030F |
3.3 India Strontium Carbonate Market - Industry Life Cycle |
3.4 India Strontium Carbonate Market - Porter's Five Forces |
3.5 India Strontium Carbonate Market Revenues & Volume Share, By By Grade, 2020 & 2030F |
3.6 India Strontium Carbonate Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 India Strontium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Strontium Carbonate Market Trends |
6 India Strontium Carbonate Market, By Types |
6.1 India Strontium Carbonate Market, By By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Strontium Carbonate Market Revenues & Volume, By By Grade, 2020-2030F |
6.1.3 India Strontium Carbonate Market Revenues & Volume, By Electronic Grade, 2020-2030F |
6.1.4 India Strontium Carbonate Market Revenues & Volume, By Industrial Grade, 2020-2030F |
6.2 India Strontium Carbonate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Strontium Carbonate Market Revenues & Volume, By Bone Health, 2020-2030F |
6.2.3 India Strontium Carbonate Market Revenues & Volume, By Frit Manufacturing, 2020-2030F |
6.2.4 India Strontium Carbonate Market Revenues & Volume, By Novel Nanoparticle, 2020-2030F |
6.2.5 India Strontium Carbonate Market Revenues & Volume, By Fireworks Manufacturing, 2020-2030F |
6.2.6 India Strontium Carbonate Market Revenues & Volume, By Pyrotechnics, 2020-2030F |
6.2.7 India Strontium Carbonate Market Revenues & Volume, By Ceramics, 2020-2030F |
6.2.8 India Strontium Carbonate Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 India Strontium Carbonate Market Revenues & Volume, By Others, 2020-2030F |
7 India Strontium Carbonate Market Import-Export Trade Statistics |
7.1 India Strontium Carbonate Market Export to Major Countries |
7.2 India Strontium Carbonate Market Imports from Major Countries |
8 India Strontium Carbonate Market Key Performance Indicators |
9 India Strontium Carbonate Market - Opportunity Assessment |
9.1 India Strontium Carbonate Market Opportunity Assessment, By By Grade, 2020 & 2030F |
9.2 India Strontium Carbonate Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 India Strontium Carbonate Market - Competitive Landscape |
10.1 India Strontium Carbonate Market Revenue Share, By Companies, 2023 |
10.2 India Strontium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |