DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Strontium Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global strontium market in terms of volume is projected to grow more than 230 thousand metric tons by 2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is environment-friendly oxidizers. Strontium nitrate is an acid salt of strontium, which is used as an oxidizer and colorant in fireworks. Oxidizers are one of the raw materials used in fireworks, which are the major contributors toward increasing pollution.

According to the report, one driver in the market is growing demand for ferrite magnets. Permanent magnets retain their magnetic properties even in the absence of inducing field or current. The global permanent magnets market is being driven by the modernization of infrastructure, technological development, increasing demand for efficient and miniaturization, and low cost.

Further, the report states that one challenge in the market is effects of strontium on health. Strontium is an alkaline earth metal that has many isotopes. Other than its stable and natural form, strontium has radioactive isotopes as well. The radioactive strontium acts as a human carcinogen.

Key Market Trends

Environment-Friendly Oxidizers Increase in Oil & Gas Drilling

Companies Featured

Chongqing Yuanhe Fine Chemicals Grupo Fertiberia Hebei Xinji Chemical Group Nanjing Jinyan Strontium Industry Sakai Chemical Industry Solvay

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Customer Landscape

8. Market Segmentation by End-User

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/vlsxkx/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005515/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Surfactants

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/20/2018 01:55 PM/DISC: 08/20/2018 01:55 PM

http://www.businesswire.com/news/home/20180820005515/en