Strontium Bromide market size (most likely outcome) will be a year-over-year revenue growth rate US$ million in 2021. Over the next five years the Strontium Bromide market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ million by 2027. Strontium Bromide has the formula SrBr2. At room temperature, it is a white odorless, crystalline powder with the molecular weight of 247.43 g/mol. Strontium Bromide burns bright red in a flame test. It is used in flares and also has some pharmaceutical uses.
This report studies the Strontium Bromide market, Strontium Bromide has the formula SrBr2. At room temperature, it is a white odorless, crystalline powder with the molecular weight of 247.43 g/mol. Strontium Bromide burns bright red in a flame test. It is used in flares and also has some pharmaceutical uses.
Strontium Bromide is a niche industry with limited producers leading the market. Small privately-owned companies usually engage in specific area, like pharmaceutical and lab test agent. In 2017, the top 3 producers account for 31.09% of the market. The top players cover Shanghai Xinbao Fine Chemical, Chongqing Huaqi Fine Chemical, S.K. Chemical, Axiom Chemicals and Barium Chemicals etc., which are playing important roles in global Strontium Bromide market.
Strontium Bromide is used as sedatives in medicine and analytical reagents. Strontium Bromide can be sued as sedative and stomachic agent in pharmaceutical applications.
In 2017, the Strontium Bromide consumption (sales) in Pharmaceutical was 217 Kg, and it will reach 310 Kg in 2027; while the sales market share in Pharmaceutical was 69.43% in 2017 and will be 69.86% in 2027.
Top Key players in the Strontium Bromide Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Strontium Bromide Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Shanghai Xinbao Fine Chemical, Chongqing Huaqi Fine Chemical, S.K. Chemical, Axiom Chemicals, Barium Chemicals, ProChem, Celtic, City Chemical and others.
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Global Strontium Bromide Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Strontium Bromide Market is segmented based on the type, applications, companies and regions.
By Type, Strontium Bromide Market has been segmented into
The end user’s industry application on Strontium Bromide Market is,
The report offers in-depth assessment of the growth and other aspects of the Strontium Bromide Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Strontium Bromide Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Strontium Bromide Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 6.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| Shanghai Xinbao Fine Chemical, Chongqing Huaqi Fine Chemical, S.K. Chemical, Axiom Chemicals, Barium Chemicals, ProChem, Celtic, City Chemical |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Strontium Bromide Market is studied from 2017 - 2027.
What is the growth rate of Strontium Bromide Market?
The Strontium Bromide Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the key players in Strontium Bromide Market?
Shanghai Xinbao Fine Chemical, Chongqing Huaqi Fine Chemical, S.K. Chemical, Axiom Chemicals, Barium Chemicals, ProChem, Celtic, City Chemical
What region does this Strontium Bromide Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Strontium Bromide Market?
Strontium Bromide Hexahydrate, Strontium Bromide Anhydrous
What are the major end-use applications of Strontium Bromide Market?
Analytical Reagents, Pharmaceutical, Other
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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