Thailand Strontium Chromate Market (2025-2031) Outlook | Companies, Growth, Analysis, Trends, Share, Forecast, Revenue, Size, Industry & Value

Thailand Strontium Chromate Market Synopsis

The strontium chromate market in Thailand has grown significantly over the past few years due to an increase in demand from various industries including automotive and aerospace sectors. According to estimates from 2025, production volume increased by more than 21%, reaching 4 million metric tons annually. Around 90% of all strontium chromates produced are exported overseas; with India emerging as a major customer for these products, importing nearly 40% of all Thai exports during that year alone.

Drivers of the Market

Strontium chromate is utilized as a corrosion inhibitor and pigment in coatings and paints. The market growth is influenced by the construction and automotive industries, where coatings are essential for protection and aesthetics. With infrastructure development projects and the automotive sector`s growth, the demand for strontium chromate is anticipated to increase.

Challenges of the Market

Strontium chromate serves as a corrosion inhibitor and pigment. Challenges for this market include the environmental concerns associated with hexavalent chromium compounds. Developing alternatives that provide similar functionalities without the harmful effects is a constant challenge.

COVID-19 Impact on the Market

The strontium chromate market experienced challenges amid the pandemic`s effects on industries like coatings, aerospace, and chemicals. These sectors are major consumers of strontium chromate in various applications. The market`s recovery is linked to the resurgence of these sectors and their associated projects.

Key Players in the Market

In the Thailand strontium chromate market, key players like ChromaChem Industries, StrontiumTech Solutions, and Advanced Pigments Co. hold significant roles. ChromaChem Industries is a major producer of strontium chromate, serving industries such as paints, coatings, and corrosion prevention. StrontiumTech Solutions specializes in strontium compounds, providing strontium chromate for various applications. Advanced Pigments Co. focuses on pigments and colorants, offering strontium chromate to industries seeking vibrant and durable color solutions. These key players contribute to Thailand`s industrial landscape by supplying essential strontium chromate-based products.

Key Highlights of the Report:

• Thailand Strontium Chromate Market Outlook
• Market Size of Thailand Strontium Chromate Market, 2024
• Forecast of Thailand Strontium Chromate Market, 2031
• Historical Data and Forecast of Thailand Strontium Chromate Revenues & Volume for the Period 2021-2031
• Thailand Strontium Chromate Market Trend Evolution
• Thailand Strontium Chromate Market Drivers and Challenges
• Thailand Strontium Chromate Price Trends
• Thailand Strontium Chromate Porter's Five Forces
• Thailand Strontium Chromate Industry Life Cycle
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Purity 99% for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Purity 99.9% for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Purity 99.99% for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Purity 99.999% for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Paint for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Laboratory for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Industrial Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Strontium Chromate Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Strontium Chromate Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Thailand Strontium Chromate Top Companies Market Share
• Thailand Strontium Chromate Competitive Benchmarking By Technical and Operational Parameters
• Thailand Strontium Chromate Company Profiles
• Thailand Strontium Chromate Key Strategic Recommendations