Product Code: ETC102238 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Strontium market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia strontium market is significant in electronics and pyrotechnics industries.Strontium compounds are used in cathode ray tubes (CRTs) and fireworks.Key market players supply strontium-based materials for diverse applications.As Saudi Arabia advances in electronics and entertainment, the demand for strontium is expected to rise, with potential for improved display technologies and entertainment products.
The Saudi Arabia strontium market is anticipated to witness growth due to applications in electronics, pyrotechnics, and medical imaging.Strontium compounds are used in cathode ray tubes, fireworks, and X-ray devices.As technological advancements drive the demand for specialty materials and pyrotechnics gain popularity in entertainment, the need for strontium is expected to rise.Manufacturers offering high-purity strontium compounds for different applications are likely to find opportunities in this market.
The Saudi Arabia strontium market confronts unique challenges.Strontium is primarily used in the production of fireworks and pyrotechnics, and the market must navigate strict regulations governing the handling and transportation of explosive materials.Ensuring safety and compliance with these regulations is a top priority.Additionally, market players may face fluctuations in demand related to seasonal factors and special events.The need for consistent quality and purity of strontium products is crucial in the pyrotechnics industry.Moreover, competition from international suppliers and the need for efficient logistics and distribution networks add complexity to the market dynamics.
The strontium market in Saudi Arabia experienced challenges during the COVID-19 pandemic, affecting industrial applications and supply chains.Strontium has uses in ceramics and electronics.As industrial activities normalize post-pandemic and technology advancements continue, the demand for strontium is anticipated to recover.The pandemic emphasized the importance of specialty materials in advanced manufacturing.
In the Saudi Arabia strontium market, notable players include Strontium Arabia, Saudi Specialty Chemicals, and Arabia Materials.These companies specialize in the production and supply of strontium compounds used in various industries, including fireworks and electronics.They are known for offering high-quality strontium products, focusing on purity, particle size, and compliance with industry specifications.
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 Saudi Arabia Strontium Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Strontium Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Strontium Market - Industry Life Cycle |
3.4 Saudi Arabia Strontium Market - Porter's Five Forces |
3.5 Saudi Arabia Strontium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Saudi Arabia Strontium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Strontium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for strontium in the electronics industry due to its use in cathode ray tubes and electronic displays. |
4.2.2 Growth in the oil and gas sector leading to the demand for strontium compounds in drilling activities. |
4.2.3 Rising investments in infrastructure projects driving the consumption of strontium-based materials in construction. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of strontium compounds. |
4.3.2 Stringent environmental regulations impacting the mining and processing of strontium ores. |
4.3.3 Competition from alternative materials limiting the market growth of strontium products. |
5 Saudi Arabia Strontium Market Trends |
6 Saudi Arabia Strontium Market, By Types |
6.1 Saudi Arabia Strontium Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Strontium Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Saudi Arabia Strontium Market Revenues & Volume, By Strontium Carbonate, 2021-2031F |
6.1.4 Saudi Arabia Strontium Market Revenues & Volume, By Strontium Sulphate, 2021-2031F |
6.1.5 Saudi Arabia Strontium Market Revenues & Volume, By Strontium Nitrate, 2021-2031F |
6.1.6 Saudi Arabia Strontium Market Revenues & Volume, By Other Products, 2021-2031F |
6.2 Saudi Arabia Strontium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Strontium Market Revenues & Volume, By Electrical and electronics, 2021-2031F |
6.2.3 Saudi Arabia Strontium Market Revenues & Volume, By Medical and Dental, 2021-2031F |
6.2.4 Saudi Arabia Strontium Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.5 Saudi Arabia Strontium Market Revenues & Volume, By Personal care, 2021-2031F |
6.2.6 Saudi Arabia Strontium Market Revenues & Volume, By Pyrotechnic, 2021-2031F |
6.2.7 Saudi Arabia Strontium Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Saudi Arabia Strontium Market Import-Export Trade Statistics |
7.1 Saudi Arabia Strontium Market Export to Major Countries |
7.2 Saudi Arabia Strontium Market Imports from Major Countries |
8 Saudi Arabia Strontium Market Key Performance Indicators |
8.1 Research and development investment in new strontium applications. |
8.2 Number of patents filed for strontium-based technologies. |
8.3 Adoption rate of strontium compounds in emerging industries. |
9 Saudi Arabia Strontium Market - Opportunity Assessment |
9.1 Saudi Arabia Strontium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Saudi Arabia Strontium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Strontium Market - Competitive Landscape |
10.1 Saudi Arabia Strontium Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Strontium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |