The strontium chloride market has been growing steadily over the past few years due to the increasing demand from various end use industries such as glass, pyrotechnics, textiles and pharmaceuticals. Strontium chloride enjoys wide applications in manufacturing glass for cathode ray tubes in television screens and computer monitors. It is also used in the production of red signal flares and colored signal smokes due to its bright red flame.

The global strontium chloride market size is estimated to be valued at US$ 359.7 million in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period of 2024-2031.

Due to its distinctive properties, strontium chloride is considered as an excellent fluxing agent and additive in glass manufacturing. It allows glass substrates to accept various coatings and enhances the brilliance and intensity of the colors produced in colored glasses. These advantages have led to augmented consumption of strontium chloride in the glass industry.

Key Takeaways
Key players operating in the strontium chloride market are Choice Organochem LLP, Riddhi Siddhi Industries, Anmol Chemicals, Gujarat Fluorochemicals Limited, S. R. Chemicals, Siddhi Vinayak Chemicals, S. M. Chemicals, Jayesh Group, Shreeji Chemicals, Vishnu Chemicals, K. S. S. Chemicals, Hindustan Chemical Company, B. S. S. Chemicals, S. B. Chemicals, A. B. Enterprises, K. R. Industries, V. S. Chemicals, and Shree Ram Chemicals.

The Strontium Chloride Market Size is witnessing high demand owing to the rapid growth of industries such as glass, textiles and pyrotechnics. Asia Pacific dominates the global market with China, India, Japan, and South Korea being the major consumers. Other regions including North America and Europe are also showing positive trends due to recovering construction activities.

Major players in the strontium chloride market are focusing on capacity expansion plans and strategic collaborations to strengthen their distribution networks across global markets especially in Asia Pacific and Middle East & Africa.

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