Global Strontium Aluminate Powder Market, By Type (Water based strontium aluminate and solvent based strontium aluminate), By End-user (Paint & Coating, Printing Inks, Plastics, Construction Materials, Healthcare and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI463621 | Publish Date: July 2023 | No. of Pages: 168

Global Strontium Aluminate Powder Market Overview

Strontium aluminate (SRA, SrAl) is an aluminate compound with the chemical formula SrAl2O4 (sometimes written as SrO·Al203). Strontium aluminate is a monoclinic crystalline powder, pale yellow that is odorless and non-flammable. When activated with a suitable dopant (e.g. europium, written as Eu:SrAl2O4), it acts as a photo luminescent phosphor with long persistence of phosphorescence. A strontium aluminate gives off light as a result of the energy stored in its atoms. As electrons drop down from higher to lower energy orbitals, each corresponds in energy to the difference between the two levels. The ‘photo luminescent’ part indicates that the energy originally used to bump the electron up to a higher level came from light – in this case, typically in the ultraviolet range. Basic strontium aluminate doped with europium emit a green glow, while the heavier aluminates such as SrAl12O19 emit dramatic blue color. Many applications include the main function of strontium aluminate’s glow is entertainment, it is being used experimentally in diagnostic tests for pathogens. A process used for detecting compounds using low cost equipment known as immune-chromatographic lateral flow assay (used in home pregnancy tests) has been enhanced using nanoparticles of doped strontium aluminate).

Global Strontium Aluminate Powder Market Dynamics

                             Strontium aluminate powder market owning for increasing applications

Global strontium aluminate powder market is significantly growing as its application in market are rapidly increasing like in paint and coating industry coupled with industry construction.

Rise in the demand of material from the infrastructure industry will drive the growth of the market in the forecast period.

                             Increasing usage of the product made from strontium aluminate

Increase in usage of the product of various signage boards for emergency exits and low-level lighting escape systems results as mandatory building and construction guidelines will drive the strontium aluminate market in the coming days.

                                           High cost of the raw material

High cost of the product will hamper the growth of the market in the forecast period. Raw materials used in the manufacturing of product include copper activated zinc sulfide powder and strontium aluminate powder. Zinc sulfide is mostly used in the manufacturing of semiconductor materials. Hence, the price of zinc sulfide is affected by the zinc demand and its ores. The prices of strontium aluminate are higher than its substitutes and might hamper the strontium aluminate industry during the coming years.

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Global Strontium Aluminate Powder Market Segmentation

 

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

Source: Prophecy Market Insights

 

The global strontium aluminate powder market is segmented based on type, end-user and region.

On the basis of type, the global strontium aluminate powder market is segmented into water based strontium aluminate and solvent based strontium aluminate. Based on end-user, the target market is segmented into paint & coating, printing inks, plastics, construction materials, healthcare and others.

Regional Insights:

On region the strontium aluminate powder market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold 50% share of market in the strontium aluminate market till 2027 due to remarkable growth in regional paints and coating industry. Also, the increase in the construction activities will drive the strontium aluminate market demand in the region in the forthcoming years.

North America and Europe together accounted nearly 40% share in the global strontium aluminate market. Mature end-user industries in Europe and the shift towards the East will result in a growth rate in the global strontium aluminate market in the European countries. North America, conversely, will witness growth at a CAGR of about 4.6%, due to large number of commercial buildings in the U.S.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Type- Water based strontium aluminate, Solvent based strontium aluminate

By End-user– Paint & coating, Printing ink, Plastics, Construction material, Healthcare

 

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2030. For the purpose of this study, has segmented the global strontium aluminate powder market report based on type, end-users, and region.

 

Global Strontium Aluminate Powder Market Global Strontium Aluminate Powder Market

By Segmentation

  • North  America
  • Europe
  • Asia pacific
  • Latin America
  • Middle East & Africa
  • Water based strontium
  • Solvent based strontium
  • Paint & coating
  • Printing inks
  • Plastics
  • Construction materials
  • Healthcare
  • Others

Global Covid-19 Sample Collection Kits Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Strontium Aluminate Powder Market Key Players

The key players operating in the global strontium aluminate powder market includes Nemoto Lumi-Materials Co. Ltd., GloTech International Ltd., Allureglow International, LuminoChem Ltd., Honeywell International Inc., Kremer Pigmente GmbH & Co. KG, Badger Color Concentrates Inc., Lightleader Co.,Ltd., Thomas Publishing Company,  Tavco Chemicals, Inc., RTP Company,  RC Tritec LTD., GTA LLC, Glow Inc., iSuo Chem, ARALON. Moreover, Japan-based Nemoto & Company initiated the production of phosphorescent pigments with alkaline earth metals, for example, strontium under the brand name of LumiNova, which has higher brightness and durability than the conventional zinc sulfide-based products.

Global Strontium Aluminate Powder Market Company Profile

  • Kremer Pigmente GmbH & Co. KG.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Nemoto Lumi-Materials Co. Ltd.
  • GloTech International Ltd.
  •  Allureglow International
  •  LuminoChem Ltd.
  •  Honeywell International Inc.
  •  Kremer Pigmente GmbH & Co. KG
  •  Badger Color Concentrates Inc.
  • Lightleader Co.,Ltd.
  • Thomas Publishing Company
  •  Tavco Chemicals, Inc.
  •  RTP Company
  •  RC Tritec LTD.
  •  GTA LLC
  •  Glow Inc.
  • iSuo Chem
  •   ARALON

  •  “*” marked represents similar segmentation in other categories in the respective section

Global Strontium Aluminate Powder Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Strontium aluminate powder market Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Strontium Aluminate Powder Market , By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Water based strontium aluminate
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Solvent based strontium aluminate
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Strontium Aluminate Powder Market , By End-user, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Paint & Coating
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Printing ink
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Plastics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Construction materials
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Healthcare
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Strontium Aluminate Powder Market , By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By end-users, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By end-users, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By end-users, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By end-users, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By end-users, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • Kremer Pigmente GmbH & Co. KG.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Nemoto Lumi-Materials Co. Ltd.
  • GloTech International Ltd.
  •  Allureglow International
  •  LuminoChem Ltd.
  •  Honeywell International Inc.
  •  Kremer Pigmente GmbH & Co. KG
  •  Badger Color Concentrates Inc.
  • Lightleader Co.,Ltd.
  • Thomas Publishing Company
  •  Tavco Chemicals, Inc.
  •  RTP Company
  •  RC Tritec LTD.
  •  GTA LLC
  •  Glow Inc.
  • iSuo Chem
  •   ARALON
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The global strontium aluminate powder market is segmented based on type, end-users and region.

Increasing application like fishing lures, glow in dark toys, luminaire reflectors, paints, concrete, carpets, light-switches, handrails, stairwell markers, high visibility jackets, hard hats, directional indicators, luminaire reflectors, arrows, highlighting signs for the position of fire extinguishers and mainly the internationally standardized phosphorescent safety signs are currently widely in use are the major factor driving growth of the global market

Lightleader Co.,Ltd., Thomas Publishing Company, Tavco Chemicals, Inc., RTP Company, RC Tritec LTD., GTA LLC, Glow Inc., iSuo Chem, Aralon are the major key players of this market.