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Global Strontium Nitrate Market Is Expected To Reach $0.3 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, the future of the global strontium nitrate market looks promising with opportunities in the fireworks, glass, electronics & semiconductor, automotive, construction, and water treatment markets. The global strontium nitrate market is expected to reach an estimated $0.3 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing demand from the pyrotechnics industry, growing use in wastewater treatment, and increasing applications of distress flare as an essential piece of safety kit in marine, and defense.
In this market, pyrotechnics, glassware, electronics, coatings, and water treatment are the major segments of strontium nitrate market by application.
Lucintel forecasts that pyrotechnics will remain the largest segment over the forcast period because the strontium nitrate is used to generate vibrant red hues in fireworks and emergency flares.
Browse in depth TOC of the Strontium Nitrate Market:
100 - Figures
150-Pages
Strontium Nitrate Market is marked by presence of several big and small players. Solvay, ...
... Sakai Chemical Industry, Quimicos Aragonesas, Jinyan Strontium Industry, Joyieng Chemical, Hongkong Xinrunde Chemicals, and Huaqi Fine Chemical are the major suppliers in the strontium nitrate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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