| Product Code: ETC209262 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Strontium peroxide is a rare compound primarily used in oxygen candles for spacecraft and submarines. The Vietnam strontium peroxide market supports industries requiring this specialized material for applications in confined spaces and extreme environments.
The growth of the Vietnam strontium peroxide market is propelled by its applications in fireworks and pyrotechnics. Strontium peroxide is used as an oxidizer to produce red flames in fireworks displays. The demand for entertainment and celebration events drives the market`s growth as pyrotechnic manufacturers seek high-quality strontium peroxide for vibrant and visually appealing fireworks.
The Vietnam strontium peroxide market may face challenges related to safety protocols and environmental regulations. Strontium peroxide is used in pyrotechnics and oxygen candles. Its handling and storage require strict safety measures to prevent accidents and environmental hazards. Moreover, environmental regulations govern its usage and disposal, and non-compliance can lead to environmental contamination and associated liabilities. Additionally, market competition can impact pricing strategies and market share, necessitating companies to focus on safety, regulatory compliance, and innovation.
The Vietnam strontium peroxide market encountered challenges during the COVID-19 pandemic, primarily due to supply chain disruptions and fluctuations in demand. Reduced industrial activities affected the demand for strontium peroxide in applications like fireworks and pyrotechnics. Additionally, logistical challenges played a role in affecting the market dynamics. Manufacturers in Vietnam had to optimize their supply chains, explore new applications, and adapt to changing market conditions. With the recovery of industrial sectors, the strontium peroxide market is anticipated to gradually regain stability.
In the Vietnam strontium peroxide market, key players primarily consist of international chemical companies that specialize in peroxide compounds. Companies like American Elements play a significant role in supplying strontium peroxide to various industries in Vietnam, catering to diverse industrial applications.
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 Vietnam Strontium Peroxide Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Strontium Peroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Strontium Peroxide Market - Industry Life Cycle |
3.4 Vietnam Strontium Peroxide Market - Porter's Five Forces |
3.5 Vietnam Strontium Peroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Strontium Peroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Strontium Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrial sector in Vietnam leading to increased demand for strontium peroxide |
4.2.2 Favorable government regulations promoting the use of strontium peroxide in various industries |
4.2.3 Increasing investments in research and development activities for enhancing the quality and applications of strontium peroxide |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of strontium peroxide |
4.3.2 Intense competition from alternative products affecting market penetration and pricing strategies |
5 Vietnam Strontium Peroxide Market Trends |
6 Vietnam Strontium Peroxide Market, By Types |
6.1 Vietnam Strontium Peroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Strontium Peroxide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Strontium Peroxide Market Revenues & Volume, By Product Type I, 2021-2031F |
6.1.4 Vietnam Strontium Peroxide Market Revenues & Volume, By Product Type II, 2021-2031F |
6.1.5 Vietnam Strontium Peroxide Market Revenues & Volume, By Product Type III, 2021-2031F |
6.2 Vietnam Strontium Peroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Strontium Peroxide Market Revenues & Volume, By Application I, 2021-2031F |
6.2.3 Vietnam Strontium Peroxide Market Revenues & Volume, By Application II, 2021-2031F |
6.2.4 Vietnam Strontium Peroxide Market Revenues & Volume, By Application III, 2021-2031F |
7 Vietnam Strontium Peroxide Market Import-Export Trade Statistics |
7.1 Vietnam Strontium Peroxide Market Export to Major Countries |
7.2 Vietnam Strontium Peroxide Market Imports from Major Countries |
8 Vietnam Strontium Peroxide Market Key Performance Indicators |
8.1 Number of research collaborations or partnerships in the field of strontium peroxide technology |
8.2 Percentage of strontium peroxide usage in new industrial applications |
8.3 Rate of adoption of strontium peroxide in emerging industries in Vietnam |
9 Vietnam Strontium Peroxide Market - Opportunity Assessment |
9.1 Vietnam Strontium Peroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Strontium Peroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Strontium Peroxide Market - Competitive Landscape |
10.1 Vietnam Strontium Peroxide Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Strontium Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |