Global Strontium Market Size, Share, Manufacturers, Grwoth to 2031

Research Methodology – Strontium Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Strontium Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Strontium Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Current and projected demand for strontium in different industries such as Paint, Pyrotechnics, Electronics etc.
Annual production and consumption rates globally and in key markets.
Regional supply and demand dynamics.
Import and export statistics of strontium and its products.
Current pricing and possible fluctuations in prices.
The impact of regulations and international policy on the market.
Market competition and key competitors in the market.
Market trends influencing the consumption of Strontium.

Key Market Indicators

Growth in industries that heavily rely on strontium, such as electronics, ceramics, and pyrotechnics.
Changes in commodity prices along with economic data related to inflation, GDP, and interest rates which may directly affect the price of strontium.
Changes in market competitiveness, such as the introduction of new suppliers or a surge in demand from key countries.
Trends in import and export activities related to strontium.
The regulatory environment and its impact on strontium production and distribution.

Growth Trends

Growth in industries using strontium as a major raw material such as paint, pharmaceuticals, electronics etc.
Increased use of Strontium due to its luminescent properties and its application in producing television glasses.
Rising demand for strontium in pyrotechnics for creating bright and vivid colors in fireworks.
Increased use of strontium in medical applications such as in the treatment of osteoporosis.
Environmental concerns and regulations driving the need for non-toxic pigments in the paint industry thereby increasing the use of strontium.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Strontium Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Strontium Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: