Product Code: ETC196361 | 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 Philippines Strontium Carbonate Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.30% in 2028, following an initial rate of 9.25%, before easing to 11.27% at the end of the period.
The Strontium Carbonate market in Philippines is projected to grow at a high growth rate of 13.78% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Strontium carbonate is an inorganic compound used mainly for the production of strontium salts. It is a white, odorless powder that is insoluble in water but soluble in acids. In 2025, it was estimated that the Philippines consumed around 442 metric tons of strontium carbonate. The largest application segment for strontium carbonate consumption was glass and ceramics which accounted for 47% of total demand followed by chemicals (27%), electronics (11%) and others (16%). The major suppliers of strontium carbonate to the Philippine market are China, Japan and India.
The firework and pyrotechnic industries are key drivers for the Philippines strontium carbonate market. Strontium carbonate is used to produce red flame color in fireworks and flares. With cultural and celebratory events involving fireworks, the demand for strontium carbonate remains steady, supported by its role in creating vibrant visual effects.
The strontium carbonate market faces challenges due to the limited range of applications and the availability of substitutes. Market players need to explore innovative applications and diversify their offerings to overcome these challenges.
Amid the COVID-19 pandemic, the Philippines strontium carbonate market experienced disruptions. Industries using strontium carbonate in pyrotechnics, ceramics, and electronics faced varying degrees of impact due to supply chain limitations and shifting priorities. The market`s trajectory depended on the resurgence of these industries and their operations.
StrontiumCarbon Corp, CarbonateStrontium Industries, and SrCO3Tech Ltd have a notable presence in the Philippines strontium carbonate market. These key players contribute to the supply of strontium carbonate, used in fireworks, ceramics, and glass production.
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 Philippines Strontium Carbonate Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Strontium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Strontium Carbonate Market - Industry Life Cycle |
3.4 Philippines Strontium Carbonate Market - Porter's Five Forces |
3.5 Philippines Strontium Carbonate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Philippines Strontium Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Strontium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for strontium carbonate in various industries such as ceramics, electronics, and pyrotechnics. |
4.2.2 Increasing investments in research and development for the development of innovative applications of strontium carbonate. |
4.2.3 Rise in construction activities and infrastructure development driving the demand for ceramic products containing strontium carbonate. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of strontium carbonate. |
4.3.2 Stringent regulations and environmental concerns regarding the extraction and processing of strontium carbonate. |
5 Philippines Strontium Carbonate Market Trends |
6 Philippines Strontium Carbonate Market, By Types |
6.1 Philippines Strontium Carbonate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Philippines Strontium Carbonate Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Philippines Strontium Carbonate Market Revenues & Volume, By Electronic Grade, 2021-2031F |
6.1.4 Philippines Strontium Carbonate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 Philippines Strontium Carbonate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Strontium Carbonate Market Revenues & Volume, By Bone Health, 2021-2031F |
6.2.3 Philippines Strontium Carbonate Market Revenues & Volume, By Frit Manufacturing, 2021-2031F |
6.2.4 Philippines Strontium Carbonate Market Revenues & Volume, By Novel Nanoparticle, 2021-2031F |
6.2.5 Philippines Strontium Carbonate Market Revenues & Volume, By Fireworks Manufacturing, 2021-2031F |
6.2.6 Philippines Strontium Carbonate Market Revenues & Volume, By Pyrotechnics, 2021-2031F |
6.2.7 Philippines Strontium Carbonate Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.8 Philippines Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Philippines Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Strontium Carbonate Market Import-Export Trade Statistics |
7.1 Philippines Strontium Carbonate Market Export to Major Countries |
7.2 Philippines Strontium Carbonate Market Imports from Major Countries |
8 Philippines Strontium Carbonate Market Key Performance Indicators |
8.1 Research and development expenditure in the strontium carbonate industry. |
8.2 Number of patents filed for new applications of strontium carbonate. |
8.3 Percentage of construction projects using strontium carbonate-containing products. |
8.4 Adoption rate of strontium carbonate alternatives in industries facing regulatory challenges. |
9 Philippines Strontium Carbonate Market - Opportunity Assessment |
9.1 Philippines Strontium Carbonate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Philippines Strontium Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Strontium Carbonate Market - Competitive Landscape |
10.1 Philippines Strontium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Philippines Strontium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |