Product Code: ETC102243 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Bahrain Strontium market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The strontium market in Bahrain is witnessing growth due to its applications in pyrotechnics, electronics, and medical imaging. Strontium compounds are used in the production of fireworks, flares, and other pyrotechnic devices due to their vibrant red flame color. In the electronics industry, strontium is used in the production of ferrite magnets and cathode ray tubes. The market is also driven by the use of strontium isotopes in medical imaging and diagnostics. As Bahrains industrial and healthcare sectors continue to grow, the demand for strontium in various applications is expected to increase.
The strontium market in Bahrain is driven by its use in various industrial applications, including the production of ceramics, glass, and electronics. Strontium compounds are commonly used in the manufacturing of color television tubes and ferrite magnets. The growing demand for electronics and telecommunications infrastructure in Bahrain is fueling the demand for strontium-based materials. Additionally, strontium is used in the production of fireworks and signal flares due to its ability to produce bright red flames, which further drives market growth. The increasing use of strontium in medical applications, such as bone health supplements, is also contributing to market expansion.
The strontium market in Bahrain faces challenges due to its limited application in industrial sectors, primarily focusing on niche products such as fireworks, pyrotechnics, and some ceramic industries. Since Bahrain does not have significant domestic production, the market heavily relies on imports, making it vulnerable to global price fluctuations and supply chain disruptions. Furthermore, environmental and safety regulations regarding the use of strontium in certain applications can add additional compliance costs, further complicating the market dynamics.
Strontium has applications in producing metal alloys, ceramics, and electronics. With Bahrains growing demand for advanced materials in electronics and industrial sectors, there are investment opportunities in supplying strontium for high-tech applications. Investors can focus on distributing strontium for use in specialized industries, including metal production and electronic components, particularly targeting companies that require strontium-based compounds.
Strontium has applications in the electronics, medical, and metallurgical industries. The market for strontium in Bahrain is driven by demand from these high-tech sectors, with government policies promoting industrial diversification and technological innovation supporting growth. Regulations ensuring the quality and safety of chemicals and minerals used in industrial applications play a key role in shaping the market. Government initiatives aimed at modernizing the manufacturing sector further contribute to market demand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Strontium Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Strontium Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Strontium Market - Industry Life Cycle |
3.4 Bahrain Strontium Market - Porter's Five Forces |
3.5 Bahrain Strontium Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Bahrain Strontium Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Bahrain Strontium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Strontium Market Trends |
6 Bahrain Strontium Market, By Types |
6.1 Bahrain Strontium Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Strontium Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 Bahrain Strontium Market Revenues & Volume, By Strontium Carbonate, 2018 - 2027F |
6.1.4 Bahrain Strontium Market Revenues & Volume, By Strontium Sulphate, 2018 - 2027F |
6.1.5 Bahrain Strontium Market Revenues & Volume, By Strontium Nitrate, 2018 - 2027F |
6.1.6 Bahrain Strontium Market Revenues & Volume, By Other Products, 2018 - 2027F |
6.2 Bahrain Strontium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Strontium Market Revenues & Volume, By Electrical and electronics, 2018 - 2027F |
6.2.3 Bahrain Strontium Market Revenues & Volume, By Medical and Dental, 2018 - 2027F |
6.2.4 Bahrain Strontium Market Revenues & Volume, By Paints and Coatings, 2018 - 2027F |
6.2.5 Bahrain Strontium Market Revenues & Volume, By Personal care, 2018 - 2027F |
6.2.6 Bahrain Strontium Market Revenues & Volume, By Pyrotechnic, 2018 - 2027F |
6.2.7 Bahrain Strontium Market Revenues & Volume, By Other Applications, 2018 - 2027F |
7 Bahrain Strontium Market Import-Export Trade Statistics |
7.1 Bahrain Strontium Market Export to Major Countries |
7.2 Bahrain Strontium Market Imports from Major Countries |
8 Bahrain Strontium Market Key Performance Indicators |
9 Bahrain Strontium Market - Opportunity Assessment |
9.1 Bahrain Strontium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bahrain Strontium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bahrain Strontium Market - Competitive Landscape |
10.1 Bahrain Strontium Market Revenue Share, By Companies, 2021 |
10.2 Bahrain Strontium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |