Product Code: ETC196359 | 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 Singapore Strontium Carbonate Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 7.18% in 2025, growth softens to 2.85% in 2029.
By 2027, the Strontium Carbonate market in Singapore is anticipated to reach a growth rate of 6.03%, 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 Singapore primarily caters to the electronics and ceramics industries. Strontium carbonate is used in the production of color television tubes and ceramics, among other applications. The market outlook for strontium carbonate is linked to the performance of these industries, as well as advancements in display technology and ceramic manufacturing. Singapore well-established electronics manufacturing sector positions it as a key market player, with growth potential tied to industry trends.
The Singapore strontium carbonate market is expected to witness growth due to its applications in the fireworks and pyrotechnics industry. Strontium carbonate is a key ingredient in the production of red and green fireworks, as it imparts vibrant colors to pyrotechnic displays. As Singapore celebrates various cultural festivals and events with fireworks, the demand for strontium carbonate is expected to remain stable. Additionally, strontium carbonate is used in the glass and ceramic industries for its role in enhancing the properties of these materials. The growth of the construction and manufacturing sectors in Singapore will contribute to the market`s stability. Furthermore, strontium carbonate has applications in the production of specialty chemicals and metallurgy, further diversifying its market potential.
Strontium carbonate serves industries like fireworks and glass manufacturing. Challenges may stem from fluctuations in demand due to the seasonal nature of fireworks and the need for environmental compliance in production processes. Companies should diversify their product applications and ensure compliance with environmental regulations.
The Singapore Strontium Carbonate market was not immune to the disruptions caused by the COVID-19 pandemic. Global supply chain interruptions and reduced industrial activities affected both supply and demand for strontium carbonate. However, as economic conditions improve and industrial activities pick up, the market is likely to regain stability. Strontium carbonate is used in fireworks and ceramics production, and these sectors are expected to recover, driving market growth. Companies should monitor market trends closely and adapt their strategies accordingly.
Strontium carbonate is used in the production of fireworks, glass, and ceramics. Prominent companies in this market include Strontium Inc., Carbonate Chemicals Ltd., and Singapore Ceramics.
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 Singapore Strontium Carbonate Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Strontium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Strontium Carbonate Market - Industry Life Cycle |
3.4 Singapore Strontium Carbonate Market - Porter's Five Forces |
3.5 Singapore Strontium Carbonate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Singapore Strontium Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Strontium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the electronics industry for strontium carbonate as a key component in the production of cathode ray tubes and electronic displays. |
4.2.2 Growth in the pharmaceutical sector, where strontium carbonate is used in the manufacturing of strontium ranelate, a drug for osteoporosis treatment. |
4.2.3 Rising investments in research and development activities related to strontium carbonate applications in various industries. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as strontium ore, which can impact the overall production cost and profitability. |
4.3.2 Stringent regulations and environmental concerns regarding the mining and processing of strontium carbonate. |
4.3.3 Competition from alternative materials or substitutes that may offer similar properties at a lower cost. |
5 Singapore Strontium Carbonate Market Trends |
6 Singapore Strontium Carbonate Market, By Types |
6.1 Singapore Strontium Carbonate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Singapore Strontium Carbonate Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Singapore Strontium Carbonate Market Revenues & Volume, By Electronic Grade, 2021-2031F |
6.1.4 Singapore Strontium Carbonate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 Singapore Strontium Carbonate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Strontium Carbonate Market Revenues & Volume, By Bone Health, 2021-2031F |
6.2.3 Singapore Strontium Carbonate Market Revenues & Volume, By Frit Manufacturing, 2021-2031F |
6.2.4 Singapore Strontium Carbonate Market Revenues & Volume, By Novel Nanoparticle, 2021-2031F |
6.2.5 Singapore Strontium Carbonate Market Revenues & Volume, By Fireworks Manufacturing, 2021-2031F |
6.2.6 Singapore Strontium Carbonate Market Revenues & Volume, By Pyrotechnics, 2021-2031F |
6.2.7 Singapore Strontium Carbonate Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.8 Singapore Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Singapore Strontium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Strontium Carbonate Market Import-Export Trade Statistics |
7.1 Singapore Strontium Carbonate Market Export to Major Countries |
7.2 Singapore Strontium Carbonate Market Imports from Major Countries |
8 Singapore Strontium Carbonate Market Key Performance Indicators |
8.1 Research and development investment in strontium carbonate applications and technology advancements. |
8.2 Number of patents filed or granted for new strontium carbonate-related products or processes. |
8.3 Percentage of strontium carbonate production capacity utilized in Singapore. |
9 Singapore Strontium Carbonate Market - Opportunity Assessment |
9.1 Singapore Strontium Carbonate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Singapore Strontium Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Strontium Carbonate Market - Competitive Landscape |
10.1 Singapore Strontium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Singapore Strontium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |