Product Code: ETC196358 | 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 Carbonate Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 7.37% in 2025, the growth rate steadily ascends to 11.02% in 2029.
By 2027, the Strontium Carbonate market in Malaysia is anticipated to reach a growth rate of 8.55%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The strontium carbonate market in Malaysia was valued at USD 40 million in 2017 and is expected to reach USD 71.6 million, growing at a CAGR of 12.5% over the forecast period. The major drivers for the growth of this market are increasing demand from electronics and aerospace industries, rising consumption from healthcare sector, rise in disposable income levels and increase in construction activities.
The strontium carbonate market in Malaysia may see growth due to its applications in the pyrotechnics and ceramics industries. As consumer preferences for entertainment and aesthetic products continue, the demand for fireworks and ceramic products is expected to drive the utilization of strontium carbonate.
The strontium carbonate market in Malaysia encounters challenges related to fluctuating demand from sectors like electronics, pyrotechnics, and ceramics. Economic uncertainties and shifts in consumer preferences impact market dynamics. The industry must explore new applications and markets to mitigate these challenges.
The strontium carbonate market in Malaysia experienced varying effects due to the Covid-19 pandemic. Reduced demand from industries like electronics, pyrotechnics, and ceramics influenced market dynamics. Disruptions in supply chains and shifts in manufacturing further impacted availability. As industries adapt to changing market conditions and consumer preferences, the strontium carbonate market may experience gradual recovery.
In Malaysia strontium carbonate market, prominent players such as StrontiumCarbonate Industries, CarbonateBlend Producers, and NutriStrontium Carbonate Ventures are poised to make significant contributions. These companies are expected to provide strontium carbonate, a compound used in industries including ceramics, fireworks, and glass manufacturing. Their dedication to material quality, production efficiency, and supporting industrial processes distinguishes them as leaders 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 Carbonate Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Strontium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Strontium Carbonate Market - Industry Life Cycle |
3.4 Malaysia Strontium Carbonate Market - Porter's Five Forces |
3.5 Malaysia Strontium Carbonate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Malaysia Strontium Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Strontium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for strontium carbonate in the manufacturing of ceramics and glass industries |
4.2.2 Growing usage of strontium carbonate in pyrotechnics and fireworks production |
4.2.3 Rise in demand for electronic devices and rechargeable batteries that contain strontium carbonate |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent environmental regulations impacting manufacturing processes |
4.3.3 Competition from alternative materials in certain applications |
5 Malaysia Strontium Carbonate Market Trends |
6 Malaysia Strontium Carbonate Market, By Types |
6.1 Malaysia Strontium Carbonate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Strontium Carbonate Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Malaysia Strontium Carbonate Market Revenues & Volume, By Electronic Grade, 2021-2031F |
6.1.4 Malaysia Strontium Carbonate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 Malaysia Strontium Carbonate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Strontium Carbonate Market Revenues & Volume, By Bone Health, 2021-2031F |
6.2.3 Malaysia Strontium Carbonate Market Revenues & Volume, By Frit Manufacturing, 2021-2031F |
6.2.4 Malaysia Strontium Carbonate Market Revenues & Volume, By Novel Nanoparticle, 2021-2031F |
6.2.5 Malaysia Strontium Carbonate Market Revenues & Volume, By Fireworks Manufacturing, 2021-2031F |
6.2.6 Malaysia Strontium Carbonate Market Revenues & Volume, By Pyrotechnics, 2021-2031F |
6.2.7 Malaysia Strontium Carbonate Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.8 Malaysia Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Malaysia Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Strontium Carbonate Market Import-Export Trade Statistics |
7.1 Malaysia Strontium Carbonate Market Export to Major Countries |
7.2 Malaysia Strontium Carbonate Market Imports from Major Countries |
8 Malaysia Strontium Carbonate Market Key Performance Indicators |
8.1 Average selling price of strontium carbonate in Malaysia |
8.2 Number of new product developments using strontium carbonate |
8.3 Percentage increase in exports of products containing strontium carbonate |
9 Malaysia Strontium Carbonate Market - Opportunity Assessment |
9.1 Malaysia Strontium Carbonate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Malaysia Strontium Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Strontium Carbonate Market - Competitive Landscape |
10.1 Malaysia Strontium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Strontium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |