Strontium carbonate, derived from strontianite, is a vital flux material in the ceramics industry, lowering compound melting points and aiding pigment formation. Its pricing and availability hinge on rare earth metals' performance. In the first half of 2023, increased supply from China led to a gradual decline in strontium carbonate prices. Steeper drops in non-magnetic rare earth prices adversely affected the market. While production rates remained stable with minor increases expected in Myanmar and Laos, social and environmental disruptions impacted mining and production plants, challenging the strontium carbonate market's dynamics.
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Definition
Strontium carbonate is a white, odorless, and tasteless powder with unique chemical properties. It is insoluble in water but soluble in acids, making it highly useful in various industrial applications. One of its key characteristics is its ability to lower the melting point of compounds, acting as a flux in ceramics, which promotes pigment formation. Strontium carbonate is also a stable and robust chemical compound, making it valuable in pyrotechnics and fireworks, where it produces vibrant red flames. Additionally, it has been utilized in the manufacturing of special glass, television cathode ray tubes, and certain types of electronic displays due to its unique optical properties.
Key Details About the Strontium Carbonate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Strontium carbonate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The strontium carbonate price forecast, including India Strontium carbonate price, USA Strontium carbonate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Strontium Carbonate Price Trend:
Strontium carbonate plays a crucial role in various industrial applications due to its versatile properties. It is widely employed in the ceramics industry as a flux material, where it lowers the melting point of compounds and facilitates pigment formation. In pyrotechnics and fireworks, strontium carbonate is used as a colorant, imparting a vibrant red hue to flames. It has historical significance in the production of television cathode ray tubes, enhancing image quality and brightness. Additionally, this compound finds utility in the manufacturing of certain types of glass, optical lenses, and electronic displays. Its diverse applications make strontium carbonate an essential component in multiple industrial sectors.
Key Players:
- Muby Chemicals
- American Elements
- Solvay
- Celtic Chemicals Ltd
- Sakai Chemical Industry Co Ltd
- Shijiazhuang Zhengding
- Hebei Xinji Chemical Group Co Ltd
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