Product Code: ETC209200 | 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 Indonesia Strontium Iodide market is expected to witness a significant growth.The key drivers for the market include growing demand from automotive industry and increasing use in medical imaging applications. Furthermore, rising awareness among population regarding health benefits associated with strontium iodide also drives its consumption across various sectors.
With the rapid technological advancements there has been an increase in innovation and product development within this sector which is likely to drive further growth of the market during the forecast period. Moreover, due to its advantages such as high melting point, low cost and versatile nature; strontium iodide is now being increasingly used as a raw material for producing other compounds leading to increased sales. Additionally, emerging new application areas are creating opportunities for manufacturers thereby boosting up sales of strontium iodide.
The major driver behind this market?s growth can be attributed to its extensive utilization by different industries like healthcare & pharmaceuticals, automotive and electronics owing to their properties like low toxicity levels along with many other favourable physical characteristics such as high electrical resistivity which makes it suitable for many end use applications. Moreover, higher efficiency rate when compared with alternative materials provides additional impetus for more widespread acceptance amongst buyers making it one of hottest commodities sold today around world markets today. Furthermore , rising consumer awareness about health related benefits associated with using Strontium Iodide coupled with government initiatives towards encouraging research & development activities that will lead an emergence newer products based on this element have resulted into potential boom in terms projected profits earned from selling these products over next few years - thus driving overall global demand higher than ever before.
Due to Covid pandemic situation prevailing all throughout 2025 , there were some negative impacts observed on Indonesia Strontium Iodide Market specifically due decrease in production capacity & exports (due travel restrictions ) combined limited availability resources needed carry out operations smoothly resulting lower profitability margins companies manufacturing or dealing these items. It was found that despite decreased business prospects outlook still remains positive future mainly because prices remain relatively stable unlike many other commodities where volatility had skyrocketed unprecedented rates since onset crisis earlier last year. In addition , rise e-commerce platforms providing access quality goods at competitive rates further provided much needed push towards achieving desired targets set by firms operating field even under trying times currently faced everyone around world.
The major challenges faced by Indonesia strontium iodide market include an inadequate domestic supply chain structure; limited availability of high-quality material; absence of local production capacity; lack of foreign investment due to political uncertainty; weak product differentiation between competitors; and low consumer awareness about the benefits and potential uses of this material.
Some key players in Indonesia strontium iodide market include PT Chemprotech Perkasa (a producer), Protegechem (a distributor) ,and Kyowa Chemical Industry Co., Ltd (an international supplier).
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 Indonesia Strontium Iodide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Strontium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Strontium Iodide Market - Industry Life Cycle |
3.4 Indonesia Strontium Iodide Market - Porter's Five Forces |
3.5 Indonesia Strontium Iodide Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Strontium Iodide Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Strontium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the pharmaceutical industry leading to increased demand for strontium iodide in Indonesia. |
4.2.2 Technological advancements in the production processes of strontium iodide leading to improved quality and cost-effectiveness. |
4.2.3 Increasing awareness about the benefits of using strontium iodide in various industrial applications. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of strontium iodide. |
4.3.2 Stringent regulations and compliance requirements affecting the production and distribution of strontium iodide in Indonesia. |
4.3.3 Competition from substitutes or alternative products in the market. |
5 Indonesia Strontium Iodide Market Trends |
6 Indonesia Strontium Iodide Market, By Types |
6.1 Indonesia Strontium Iodide Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Strontium Iodide Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Indonesia Strontium Iodide Market Revenues & Volume, By 99.5% Purity, 2021-2031F |
6.1.4 Indonesia Strontium Iodide Market Revenues & Volume, By 99.95% Purity, 2021-2031F |
6.1.5 Indonesia Strontium Iodide Market Revenues & Volume, By 99.999% Purity, 2021-2031F |
6.1.6 Indonesia Strontium Iodide Market Revenues & Volume, By Other, 2021-2031F |
6.2 Indonesia Strontium Iodide Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Strontium Iodide Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.3 Indonesia Strontium Iodide Market Revenues & Volume, By Medicine, 2021-2031F |
6.2.4 Indonesia Strontium Iodide Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Strontium Iodide Market Import-Export Trade Statistics |
7.1 Indonesia Strontium Iodide Market Export to Major Countries |
7.2 Indonesia Strontium Iodide Market Imports from Major Countries |
8 Indonesia Strontium Iodide Market Key Performance Indicators |
8.1 Research and development investment in new applications or formulations of strontium iodide. |
8.2 Number of patents filed or granted for innovative strontium iodide products or processes. |
8.3 Percentage of repeat customers or customer retention rate for strontium iodide products. |
9 Indonesia Strontium Iodide Market - Opportunity Assessment |
9.1 Indonesia Strontium Iodide Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Strontium Iodide Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Strontium Iodide Market - Competitive Landscape |
10.1 Indonesia Strontium Iodide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Strontium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |