Strontium Iodide Market Key Highlights:
- Market Size (2024): USD 58.36 Million
- Projected Market Size (2034): USD 105.5 Million
- CAGR (2023-2034): 6.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Strontium Iodide Market Definition
The Strontium Iodide market is an integral branch of the materials and chemicals industry. This industry deals in the manufacturing and distribution of strontium Iodide around the globe. These compounds are indicated by a molecular formula of Srl2 and has a melting point of 507–645 °C. It is generally available in various grades in the market, such as 99%, 99.5%, 99.9%, 99.95%, 99.99%, and 99.999%. This market is expected to rise significantly with the growth in the rare earth materials industry across the world.
The demand for these compounds has increased in the paints and coatings industry as they can be used as a pigment-extending agent or filler, thereby driving market expansion. Also, the growing application of strontium iodide in the pharmaceutical sector for manufacturing antibodies has significantly boosted industrial growth. Moreover, the rising use of these compounds in radiation detection equipment such as industrial handheld devices, along with its application in organic synthesis, is projected to drive the growth of the strontium iodide market. Innovations in Gamma-ray spectroscopy with SrI2(Eu) and the rising application of strontium iodide coded aperture (SICA) instrument is expected to create ample growth opportunities for the market players in the future.
Strontium Iodide Market Segmentation:
By Type
- 99.5% Purity
- 99.95% Purity
- 99.999% Purity
- Other
By Application
- Electronics
- Medicine
- Other
Strontium Iodide Market Companies:
- American Elements
- ABCR
- ALADDIN-E
- A2B Chem
- Angene
- BOC Sciences
- Chemwill Asia
- EpiValence
- NBInno
- Santa Cruz Biotechnology.
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