Strontium carbonate is an inorganic compound widely used in the manufacturing of glasses. It is added to glass melts during glass production to reduce the melting point and aid glass coloring. Strontium carbonate provides glass with a transparent white or pale yellowish tint and finds extensive usage in specialty glassware, cathode ray tubes and colored glass.

The compound acts as a fluxing agent in glass formulations, lowering the formation temperature and energy consumption during the melting process. It also enhances light transmission properties and chemical durability of glasses. The rising glass industry driven by growing construction activities and automotive glass demand has emerged as a key end-user of strontium carbonate in recent years.

The Global Strontium Carbonate Market is estimated to be valued at US$ 390 million in 2024 and is expected to exhibit a CAGR of 2.7% over the forecast period 2024-2031.

Key players operating in the strontium carbonate market are Solvay, GFS Chemicals Inc., Hebei Xinji Chemical Group, Rajat Carbonate Pvt. Ltd., JMC Minerals, Sigma-Aldrich and others.

Key Takeaways

Key players: Key players operating in the strontium carbonate market are Solvay, GFS Chemicals Inc., Hebei Xinji Chemical Group, Rajat Carbonate Pvt. Ltd., JMC Minerals, Sigma-Aldrich. Solvay is one of the leading producers of strontium carbonate globally with production facilities in Europe and Asia Pacific.

Growing demand: The rising use of glass in construction, automotive and electronics industries has been a major factor fueling the Strontium Carbonate market Demand in recent years. Specialty glass is finding increasing applications in solar panels, display screens and electric vehicles which is propelling the strontium carbonate demand further.

Global expansion: Leading strontium carbonate manufacturers are strategizing production capacity expansions and new plant investments across Asia Pacific and Middle East/Africa to tap the growing demand from developing nations. China remains a major consumer as well as producer of strontium carbonate globally.

Get More Insights On, Strontium Carbonate Market