Product Code: ETC102225 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Strontium Market is poised for steady growth rate improvements from 2025 to 2029. From 7.37% in 2025, the growth rate steadily ascends to 11.02% in 2029.
In the Asia region, the Strontium market in Malaysia is projected to expand at a growing growth rate of 8.55% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Malaysia strontium market was estimated to be worth around USD 5.6 million in 2025 and is projected to grow at a CAGR of 8.9% during the forecast period, reaching a value of approximately USD 8.3 million by 2025. Growing demand for strontium as an alloying agent in various industries such as electronics, automotive, aerospace, etc., coupled with growing application scope in medical imaging are some important factors propelling the growth of this market.
The strontium market in Malaysia is influenced by its use in pyrotechnics, ceramics, and electronics industries. Demand for strontium compounds in specialty applications, such as color TV cathode-ray tubes and fireworks, drives the market. Technological advancements and niche applications may shape the market`s trajectory.
The strontium market might encounter challenges related to market volatility and competition from other materials in specific applications. Technological advancements could impact the demand for strontium-based products. Market players will need to invest in research and development to explore new applications and maintain their competitive edge.
The strontium market faced uncertainties during the pandemic, as demand for specialty applications like electronics and pyrotechnics fluctuated. Supply chain disruptions impacted production and distribution. As manufacturing activities rebound, demand for strontium-based products is expected to recover, with a focus on innovative applications.
In the Malaysia strontium market, StrontiumTech Resources, SrInnovate Industries, and ElementMasters MY are notable players. Strontium and its compounds find applications in electronics, pyrotechnics, and metallurgy. These key players focus on research and development to provide high-purity strontium products for specialized industries.
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 Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Strontium Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Strontium Market - Industry Life Cycle |
3.4 Malaysia Strontium Market - Porter's Five Forces |
3.5 Malaysia Strontium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Strontium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Strontium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Strontium Market Trends |
6 Malaysia Strontium Market, By Types |
6.1 Malaysia Strontium Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Strontium Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Malaysia Strontium Market Revenues & Volume, By Strontium Carbonate, 2018 - 2031F |
6.1.4 Malaysia Strontium Market Revenues & Volume, By Strontium Sulphate, 2018 - 2031F |
6.1.5 Malaysia Strontium Market Revenues & Volume, By Strontium Nitrate, 2018 - 2031F |
6.1.6 Malaysia Strontium Market Revenues & Volume, By Other Products, 2018 - 2031F |
6.2 Malaysia Strontium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Strontium Market Revenues & Volume, By Electrical and electronics, 2018 - 2031F |
6.2.3 Malaysia Strontium Market Revenues & Volume, By Medical and Dental, 2018 - 2031F |
6.2.4 Malaysia Strontium Market Revenues & Volume, By Paints and Coatings, 2018 - 2031F |
6.2.5 Malaysia Strontium Market Revenues & Volume, By Personal care, 2018 - 2031F |
6.2.6 Malaysia Strontium Market Revenues & Volume, By Pyrotechnic, 2018 - 2031F |
6.2.7 Malaysia Strontium Market Revenues & Volume, By Other Applications, 2018 - 2031F |
7 Malaysia Strontium Market Import-Export Trade Statistics |
7.1 Malaysia Strontium Market Export to Major Countries |
7.2 Malaysia Strontium Market Imports from Major Countries |
8 Malaysia Strontium Market Key Performance Indicators |
9 Malaysia Strontium Market - Opportunity Assessment |
9.1 Malaysia Strontium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Strontium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Strontium Market - Competitive Landscape |
10.1 Malaysia Strontium Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Strontium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |