Product Code: ETC209256 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India strontium peroxide market import shipments demonstrated a steady expansion from 2020 to 2024, with a notable CAGR of 11.6% during this period. The growth momentum accelerated between 2023 and 2024, reaching a growth rate of 29.7%. Overall, the market exhibited strong and consistent growth trends, indicating a robust demand for strontium peroxide in India.
The India strontium peroxide market has witnessed steady growth in recent years. Strontium peroxide is a chemical compound used in various applications, including pyrotechnics, oxygen candles, and as an oxygen source in closed environments. Its ability to release oxygen when heated makes it a valuable component in oxygen-generating formulations. The increasing demand from industries such as defense, space exploration, and underwater breathing apparatus has contributed to the expansion of the strontium peroxide market in India.
Several factors have driven the growth of the strontium peroxide market in India. The defense and space industries` need for reliable and efficient oxygen-generating systems has led to an increased demand for strontium peroxide. Additionally, the use of strontium peroxide in underwater breathing apparatus and emergency oxygen candles has further fueled its consumption.
Despite its positive outlook, the strontium peroxide market in India faces certain challenges. One of the significant challenges is the safety and handling concerns associated with the use of strontium peroxide. As it is a powerful oxidizer, proper precautions and protocols are required during its manufacturing, transportation, and application. Additionally, fluctuations in raw material prices can impact production costs and, subsequently, the market.
The Covid-19 pandemic had a mixed impact on the strontium peroxide market in India. While the demand from the defense and space industries remained relatively stable, disruptions in supply chains and manufacturing activities posed challenges. The pandemic`s impact on other sectors, such as underwater exploration and travel, also influenced 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 India Strontium Peroxide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Strontium Peroxide Market Revenues & Volume, 2021 & 2031F |
3.3 India Strontium Peroxide Market - Industry Life Cycle |
3.4 India Strontium Peroxide Market - Porter's Five Forces |
3.5 India Strontium Peroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Strontium Peroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Strontium Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Strontium Peroxide Market Trends |
6 India Strontium Peroxide Market, By Types |
6.1 India Strontium Peroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Strontium Peroxide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Strontium Peroxide Market Revenues & Volume, By Product Type I, 2021-2031F |
6.1.4 India Strontium Peroxide Market Revenues & Volume, By Product Type II, 2021-2031F |
6.1.5 India Strontium Peroxide Market Revenues & Volume, By Product Type III, 2021-2031F |
6.2 India Strontium Peroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Strontium Peroxide Market Revenues & Volume, By Application I, 2021-2031F |
6.2.3 India Strontium Peroxide Market Revenues & Volume, By Application II, 2021-2031F |
6.2.4 India Strontium Peroxide Market Revenues & Volume, By Application III, 2021-2031F |
7 India Strontium Peroxide Market Import-Export Trade Statistics |
7.1 India Strontium Peroxide Market Export to Major Countries |
7.2 India Strontium Peroxide Market Imports from Major Countries |
8 India Strontium Peroxide Market Key Performance Indicators |
9 India Strontium Peroxide Market - Opportunity Assessment |
9.1 India Strontium Peroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Strontium Peroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Strontium Peroxide Market - Competitive Landscape |
10.1 India Strontium Peroxide Market Revenue Share, By Companies, 2024 |
10.2 India Strontium Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |