Product Code: ETC198398 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Malaysia strontium nitrate market was estimated at USD 5.08 million in 2025 and is projected to reach USD 6.16 million, registering a CAGR of 3.26% during the forecast period. The increasing usage of strontium nitrate across various applications such as glass industries, firework production and pharmaceuticals aids its growing demand within Asia Pacific region including Malaysia among others leading to increased revenues for manufacturers operating here contributing heavily towards overall industry growth rate & potential revenue opportunities provided through exports or otherwise into near future periods.
The strontium nitrate market in Malaysia is influenced by its use in pyrotechnics, fireworks, and electronics. The demand for entertainment and electronic devices contributes to the market outlook. As festivities and consumer electronics continue to drive demand, the strontium nitrate market is expected to maintain stability.
The strontium nitrate market in Malaysia faces challenges tied to its applications in pyrotechnics, ceramics, and electronics. Regulatory restrictions on fireworks, safety concerns, and changing consumer preferences impact market dynamics. Market players must focus on product diversification, safety certifications, and exploring innovative applications to overcome these challenges.
The strontium nitrate market in Malaysia faced challenges during the pandemic. Reduced demand from sectors like fireworks, pyrotechnics, and electronics influenced market dynamics. Supply chain disruptions and shifts in manufacturing further impacted availability. As consumer preferences evolve and industries adapt to changing safety regulations, the strontium nitrate market is expected to continue its decline.
Malaysia strontium nitrate market is influenced by key contributors like StrontiumNitrateTech Solutions, NitrateBlend Producers, and NutriStrontium Nitrate Enterprises. These companies are expected to shape the market by supplying strontium nitrate, a compound used in industries including pyrotechnics, fireworks, and flares. Their commitment to material quality, production reliability, and supporting diverse industrial needs positions them as major players in the market.
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 Malaysia Strontium Nitrate Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Strontium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Strontium Nitrate Market - Industry Life Cycle |
3.4 Malaysia Strontium Nitrate Market - Porter's Five Forces |
3.5 Malaysia Strontium Nitrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Strontium Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Strontium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for strontium nitrate in the manufacturing of fireworks and pyrotechnics. |
4.2.2 Growth of the electronics industry in Malaysia driving the demand for strontium nitrate in the production of cathode ray tubes. |
4.2.3 Rising use of strontium nitrate in the healthcare sector for certain medical applications. |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use and transportation of strontium nitrate due to its explosive nature. |
4.3.2 Fluctuating prices of raw materials impacting the production cost of strontium nitrate in Malaysia. |
5 Malaysia Strontium Nitrate Market Trends |
6 Malaysia Strontium Nitrate Market, By Types |
6.1 Malaysia Strontium Nitrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Strontium Nitrate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Strontium Nitrate Market Revenues & Volume, By 99.0% Purity, 2021-2031F |
6.1.4 Malaysia Strontium Nitrate Market Revenues & Volume, By 99.5% Purity, 2021-2031F |
6.1.5 Malaysia Strontium Nitrate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Malaysia Strontium Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Strontium Nitrate Market Revenues & Volume, By Pyrotechnics, 2021-2031F |
6.2.3 Malaysia Strontium Nitrate Market Revenues & Volume, By Glass, 2021-2031F |
6.2.4 Malaysia Strontium Nitrate Market Revenues & Volume, By Signal Detonator, 2021-2031F |
6.2.5 Malaysia Strontium Nitrate Market Revenues & Volume, By Other, 2021-2031F |
7 Malaysia Strontium Nitrate Market Import-Export Trade Statistics |
7.1 Malaysia Strontium Nitrate Market Export to Major Countries |
7.2 Malaysia Strontium Nitrate Market Imports from Major Countries |
8 Malaysia Strontium Nitrate Market Key Performance Indicators |
8.1 Number of new product innovations or applications of strontium nitrate in different industries. |
8.2 Percentage increase in export of strontium nitrate from Malaysia to other countries. |
8.3 Adoption rate of strontium nitrate substitutes in industries due to regulatory constraints. |
9 Malaysia Strontium Nitrate Market - Opportunity Assessment |
9.1 Malaysia Strontium Nitrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Strontium Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Strontium Nitrate Market - Competitive Landscape |
10.1 Malaysia Strontium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Strontium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |