Product Code: ETC202776 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India strontium fluoride market import shipment demonstrated a robust growth trend with a CAGR of 13.1% from 2020 to 2024. Notably, the growth rate accelerated significantly by 27.4% between 2023 and 2024, indicating a period of rapid expansion and increasing market momentum.
India Strontium Fluoride (SrF2) market is expected to grow at a CAGR of 8.5% during the forecast period 2025-2031. SrF2 has high demand from optical components and specialty glass industry such as infrared windows, lenses, filters & prisms for military applications. The increasing adoption of lasers in medical, defense and other industries are estimated to drive the regional market growth over the forecast period. Moreover, growing investments in research and development activities by leading players for manufacturing innovative products are projected to fuel the growth of India strontium fluoride market during the forecast period.
Increasing demand from optical component industry. Growing application of strontium fluoride in production of laser glass. Expansion of end user industries such as semiconductor and electronics devices.
Volatility in raw material prices, Availability of substitutes such as calcium fluoride.
Entegris Inc., Solvay Specialty Polymers USA LLC., K&A Global Chemicals Ltd., American Elements Corp., Sigma Aldrich Corporation etc.
The Covid-19 crisis has adversely affected all sectors but its impact on India strontium fluoride market was limited due to its usage in several essential industrial sectors like medical, automotive etc.. Furthermore with rising awareness about safety measures related product sales has increased which is expected to positively affect India strontium fluorides market over the long run.
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 Fluoride Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Strontium Fluoride Market Revenues & Volume, 2021 & 2031F |
3.3 India Strontium Fluoride Market - Industry Life Cycle |
3.4 India Strontium Fluoride Market - Porter's Five Forces |
3.5 India Strontium Fluoride Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Strontium Fluoride Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Strontium Fluoride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for strontium fluoride in the manufacturing of optical lenses and glass |
4.2.2 Increasing use of strontium fluoride in the electronics industry for the production of cathode ray tubes |
4.2.3 Rising applications of strontium fluoride in the healthcare sector for X-ray imaging |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of strontium fluoride |
4.3.2 Stringent environmental regulations affecting the manufacturing processes of strontium fluoride |
5 India Strontium Fluoride Market Trends |
6 India Strontium Fluoride Market, By Types |
6.1 India Strontium Fluoride Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Strontium Fluoride Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Strontium Fluoride Market Revenues & Volume, By Above 99.9%, 2021-2031F |
6.1.4 India Strontium Fluoride Market Revenues & Volume, By Above 99.99%, 2021-2031F |
6.1.5 India Strontium Fluoride Market Revenues & Volume, By Above 99.999%, 2021-2031F |
6.2 India Strontium Fluoride Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Strontium Fluoride Market Revenues & Volume, By Metal Industrial, 2021-2031F |
6.2.3 India Strontium Fluoride Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 India Strontium Fluoride Market Revenues & Volume, By Others, 2021-2031F |
7 India Strontium Fluoride Market Import-Export Trade Statistics |
7.1 India Strontium Fluoride Market Export to Major Countries |
7.2 India Strontium Fluoride Market Imports from Major Countries |
8 India Strontium Fluoride Market Key Performance Indicators |
8.1 Research and development investment in strontium fluoride technology advancements |
8.2 Number of patents filed for innovative applications of strontium fluoride |
8.3 Adoption rate of strontium fluoride in new industries or applications |
9 India Strontium Fluoride Market - Opportunity Assessment |
9.1 India Strontium Fluoride Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Strontium Fluoride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Strontium Fluoride Market - Competitive Landscape |
10.1 India Strontium Fluoride Market Revenue Share, By Companies, 2024 |
10.2 India Strontium Fluoride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |