| Product Code: ETC4891116 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s import of strontium sulfate in 2024 saw major contributions from top exporting countries including the USA, India, Netherlands, and the UK. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) for 2020-2024 was notably negative at -37.02%. Furthermore, the growth rate from 2023-2024 saw a significant decline of -89.02%. These figures indicate a challenging period for the strontium sulfate import market in Guyana, highlighting the need for strategic adjustments and market analysis to navigate the landscape effectively.

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 Guyana Strontium Sulfate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Strontium Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Strontium Sulfate Market - Industry Life Cycle |
3.4 Guyana Strontium Sulfate Market - Porter's Five Forces |
3.5 Guyana Strontium Sulfate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Strontium Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Strontium Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the oil and gas industry in Guyana, leading to increased demand for strontium sulfate in drilling fluids. |
4.2.2 Rising use of strontium sulfate in the manufacturing of fireworks and pyrotechnics, driven by cultural events and celebrations. |
4.2.3 Expansion of the agricultural sector in Guyana, creating demand for strontium sulfate as a soil conditioner. |
4.3 Market Restraints |
4.3.1 Fluctuations in global commodity prices impacting the cost of strontium sulfate production and pricing. |
4.3.2 Regulatory challenges related to environmental concerns and waste management in the production and disposal of strontium sulfate. |
5 Guyana Strontium Sulfate Market Trends |
6 Guyana Strontium Sulfate Market Segmentations |
6.1 Guyana Strontium Sulfate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Strontium Sulfate Market Revenues & Volume, By 99.0% Purity, 2021-2031F |
6.1.3 Guyana Strontium Sulfate Market Revenues & Volume, By 97.0% Purity, 2021-2031F |
6.1.4 Guyana Strontium Sulfate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guyana Strontium Sulfate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Strontium Sulfate Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Guyana Strontium Sulfate Market Revenues & Volume, By Analytical Reagent, 2021-2031F |
6.2.4 Guyana Strontium Sulfate Market Revenues & Volume, By Red Flame, 2021-2031F |
6.2.5 Guyana Strontium Sulfate Market Revenues & Volume, By Ceramic, 2021-2031F |
6.2.6 Guyana Strontium Sulfate Market Revenues & Volume, By Other, 2021-2031F |
7 Guyana Strontium Sulfate Market Import-Export Trade Statistics |
7.1 Guyana Strontium Sulfate Market Export to Major Countries |
7.2 Guyana Strontium Sulfate Market Imports from Major Countries |
8 Guyana Strontium Sulfate Market Key Performance Indicators |
8.1 Number of oil and gas exploration projects in Guyana utilizing strontium sulfate in drilling operations. |
8.2 Volume of strontium sulfate used in the production of fireworks and pyrotechnics during key festive seasons. |
8.3 Percentage of agricultural land in Guyana adopting strontium sulfate as a soil amendment for crop cultivation. |
9 Guyana Strontium Sulfate Market - Opportunity Assessment |
9.1 Guyana Strontium Sulfate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Strontium Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Strontium Sulfate Market - Competitive Landscape |
10.1 Guyana Strontium Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Strontium Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |