Global Strontium Carbonate Supply, Demand and Key Producers, 2026-2032
Description
The global Strontium Carbonate market size is expected to reach $ 1243 million by 2032, rising at a market growth of 2.4% CAGR during the forecast period (2026-2032).
As a main product in salt industry, strontium carbonate has strong X-ray shielding function and unique physical-chemical properties. It is widely used in electronics, military industry, metallurgy, light industry, medicine and optics fields. It develops fast in world’s inorganic chemical materials.In 2024, global Strontium Carbonate production reached approximately 301 K MT, with an average global market price of around US$ 3351 per MT.
The strontium carbonate market is driven mainly by its central role as the base strontium chemical feeding a range of downstream uses in pyrotechnics, ceramics, glass, ferrite magnets and, in smaller but growing volumes, bone-health and other specialty applications. In pyrotechnics, strontium carbonate and related compounds are prized for producing intense red colors in fireworks and signal flares, and expanding display and entertainment industries in Asia, Europe and North America are a major demand engine. In ceramics and specialty glass, it is used both as a flux and as a modifier to improve strength, thermal shock resistance and color stability in tiles, glazes and glass compositions, while ferrite magnet producers rely on strontium compounds for permanent magnets used in motors, electronics and household appliances. On top of that, strontium-containing biomaterials for osteoporosis treatment and bone regeneration are an emerging, higher-value niche, and overall market studies show strontium carbonate demand growing at a low- to mid-single-digit CAGR through 2030–2034 on the back of these diversified applications.
Upstream, strontium carbonate production is anchored in mining and processing of celestite (strontium sulfate), the main ore of strontium and the source from which most commercial strontium carbonate is derived. Deposits in countries such as China, Mexico, Spain and Turkey supply celestite concentrates that are converted to strontium carbonate by processes like the traditional “black ash” route—roasting celestite with coke/graphite at high temperature to form strontium sulfide, then leaching and precipitating strontium carbonate with soda ash or carbon dioxide—as well as newer hydrometallurgical routes where celestite is leached in carbonate or bicarbonate solutions to avoid sulfur-rich by-products. This ties producers directly to upstream markets for celestite mining and beneficiation, metallurgical coke or other reductants, soda ash (sodium carbonate), ammonium carbonate/bicarbonate and utilities; regulatory scrutiny of mining impacts and a push for cleaner, lower-waste celestite conversion technologies are increasingly shaping investment decisions and cost structures in the supply chain, while some players position themselves closer to end-use clusters (pyrotechnics, ceramics, magnets) to reduce logistics costs and secure long-term offtake.
Against this backdrop, the strontium carbonate industry generally achieves moderate but attractive gross profit margins—typically in the low- to mid-teens percentage range on average, with well-positioned producers of high-purity or specialty grades sometimes approaching around 20% gross margin in favorable market conditions.
This report studies the global Strontium Carbonate production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Strontium Carbonate and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Strontium Carbonate that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Strontium Carbonate total production and demand, 2021-2032, (K MT)
Global Strontium Carbonate total production value, 2021-2032, (USD Million)
Global Strontium Carbonate production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Strontium Carbonate consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Strontium Carbonate domestic production, consumption, key domestic manufacturers and share
Global Strontium Carbonate production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Strontium Carbonate production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Strontium Carbonate production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Strontium Carbonate market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Solvay, Chongqing Yuanhe Fine Chemicals, Guizhou Red Star, Qinghai Jinrui Group, Xinji Chemical, Zaozhuang Yongli Chemcial, Nanjing Jinyan Strontium, Shijiazhuang Zhengding Jinshi Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Strontium Carbonate market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Strontium Carbonate Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Strontium Carbonate Market, Segmentation by Type:
Industrial Grade
Electronic Grade
Global Strontium Carbonate Market, Segmentation by Feature:
Wet Process
Pyrometallurgical Process
Global Strontium Carbonate Market, Segmentation by Channel:
Direct Selling
Distribution
Global Strontium Carbonate Market, Segmentation by Application:
Magnetic Materials
Glass
Metal Smelting
Ceramics
Others
Companies Profiled:
Solvay
Chongqing Yuanhe Fine Chemicals
Guizhou Red Star
Qinghai Jinrui Group
Xinji Chemical
Zaozhuang Yongli Chemcial
Nanjing Jinyan Strontium
Shijiazhuang Zhengding Jinshi Chemical
Key Questions Answered:
1. How big is the global Strontium Carbonate market?
2. What is the demand of the global Strontium Carbonate market?
3. What is the year over year growth of the global Strontium Carbonate market?
4. What is the production and production value of the global Strontium Carbonate market?
5. Who are the key producers in the global Strontium Carbonate market?
6. What are the growth factors driving the market demand?
As a main product in salt industry, strontium carbonate has strong X-ray shielding function and unique physical-chemical properties. It is widely used in electronics, military industry, metallurgy, light industry, medicine and optics fields. It develops fast in world’s inorganic chemical materials.In 2024, global Strontium Carbonate production reached approximately 301 K MT, with an average global market price of around US$ 3351 per MT.
The strontium carbonate market is driven mainly by its central role as the base strontium chemical feeding a range of downstream uses in pyrotechnics, ceramics, glass, ferrite magnets and, in smaller but growing volumes, bone-health and other specialty applications. In pyrotechnics, strontium carbonate and related compounds are prized for producing intense red colors in fireworks and signal flares, and expanding display and entertainment industries in Asia, Europe and North America are a major demand engine. In ceramics and specialty glass, it is used both as a flux and as a modifier to improve strength, thermal shock resistance and color stability in tiles, glazes and glass compositions, while ferrite magnet producers rely on strontium compounds for permanent magnets used in motors, electronics and household appliances. On top of that, strontium-containing biomaterials for osteoporosis treatment and bone regeneration are an emerging, higher-value niche, and overall market studies show strontium carbonate demand growing at a low- to mid-single-digit CAGR through 2030–2034 on the back of these diversified applications.
Upstream, strontium carbonate production is anchored in mining and processing of celestite (strontium sulfate), the main ore of strontium and the source from which most commercial strontium carbonate is derived. Deposits in countries such as China, Mexico, Spain and Turkey supply celestite concentrates that are converted to strontium carbonate by processes like the traditional “black ash” route—roasting celestite with coke/graphite at high temperature to form strontium sulfide, then leaching and precipitating strontium carbonate with soda ash or carbon dioxide—as well as newer hydrometallurgical routes where celestite is leached in carbonate or bicarbonate solutions to avoid sulfur-rich by-products. This ties producers directly to upstream markets for celestite mining and beneficiation, metallurgical coke or other reductants, soda ash (sodium carbonate), ammonium carbonate/bicarbonate and utilities; regulatory scrutiny of mining impacts and a push for cleaner, lower-waste celestite conversion technologies are increasingly shaping investment decisions and cost structures in the supply chain, while some players position themselves closer to end-use clusters (pyrotechnics, ceramics, magnets) to reduce logistics costs and secure long-term offtake.
Against this backdrop, the strontium carbonate industry generally achieves moderate but attractive gross profit margins—typically in the low- to mid-teens percentage range on average, with well-positioned producers of high-purity or specialty grades sometimes approaching around 20% gross margin in favorable market conditions.
This report studies the global Strontium Carbonate production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Strontium Carbonate and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Strontium Carbonate that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Strontium Carbonate total production and demand, 2021-2032, (K MT)
Global Strontium Carbonate total production value, 2021-2032, (USD Million)
Global Strontium Carbonate production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Strontium Carbonate consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Strontium Carbonate domestic production, consumption, key domestic manufacturers and share
Global Strontium Carbonate production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Strontium Carbonate production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Strontium Carbonate production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Strontium Carbonate market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Solvay, Chongqing Yuanhe Fine Chemicals, Guizhou Red Star, Qinghai Jinrui Group, Xinji Chemical, Zaozhuang Yongli Chemcial, Nanjing Jinyan Strontium, Shijiazhuang Zhengding Jinshi Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Strontium Carbonate market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Strontium Carbonate Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Strontium Carbonate Market, Segmentation by Type:
Industrial Grade
Electronic Grade
Global Strontium Carbonate Market, Segmentation by Feature:
Wet Process
Pyrometallurgical Process
Global Strontium Carbonate Market, Segmentation by Channel:
Direct Selling
Distribution
Global Strontium Carbonate Market, Segmentation by Application:
Magnetic Materials
Glass
Metal Smelting
Ceramics
Others
Companies Profiled:
Solvay
Chongqing Yuanhe Fine Chemicals
Guizhou Red Star
Qinghai Jinrui Group
Xinji Chemical
Zaozhuang Yongli Chemcial
Nanjing Jinyan Strontium
Shijiazhuang Zhengding Jinshi Chemical
Key Questions Answered:
1. How big is the global Strontium Carbonate market?
2. What is the demand of the global Strontium Carbonate market?
3. What is the year over year growth of the global Strontium Carbonate market?
4. What is the production and production value of the global Strontium Carbonate market?
5. Who are the key producers in the global Strontium Carbonate market?
6. What are the growth factors driving the market demand?
Table of Contents
114 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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