Product Code: ETC199720 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Strontium hydroxide (Sr(OH)2) is an inorganic compound used in the production of many industrial products, including glass, ceramics, and electronics. It is also used as a fluxing agent for welding rods and other metal alloys. In Indonesia, strontium hydroxide is mainly imported from China due to its relatively low cost compared to local sources.
The demand for strontium hydroxide has been increasing steadily over the past few years due to its wide range of applications across various industries such as electronic goods manufacturing, construction materials manufacturing and automotive components production. The growth in demand has been further bolstered by government initiatives that are promoting the use of renewable energy sources such as solar panels which require strontium-based compounds for their manufacture.
Rising demand from industries such as electronics & electricals, construction materials and automotive components; growing adoption of renewable energy sources like solar panels; increasing investments in infrastructure development projects; favourable government policies & regulations supporting domestic manufacturers have all propelled the growth of Indonesia strontium hydroxide market.
The outbreak of COVID-19 pandemic had put a major dent on the global trade activities causing disruption at multiple levels leading to decreased supply and reduced consumer confidence thus dampening down the market growth prospects significantly during 2024-21 period.
Some key challenges faced by Indonesia players include high import tariffs imposed on Chinese imports resulting into higher costs which limits their competitive ability against Chinese counterparts who can offer cheaper prices owing to economies of scale; lacklustre response towards research & development activities related to new product innovation also restrains them from tapping potential markets with untapped demands or opportunities arising out of technological advancements made elsewhere.; Additionally influxes counterfeit products flooding into country via illegal channels poses serious threat hampering overall industry profits yet again creating entry barrier for local players who otherwise could be very well competing based upon quality rather than price alone.
Major companies operating in this sector include PT Indospec Chemical Industries, PT Multi Nitrotama Kimia ,PT Biofarma Bioscience Laboratories , PT Foshan Dahua Chemicals Co., Ltd., Yunnan Yuntianhua Co., Ltd., etc
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 Indonesia Strontium Hydroxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Strontium Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Strontium Hydroxide Market - Industry Life Cycle |
3.4 Indonesia Strontium Hydroxide Market - Porter's Five Forces |
3.5 Indonesia Strontium Hydroxide Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Strontium Hydroxide Market Revenues & Volume Share, By By Applications, 2021 & 2031F |
4 Indonesia Strontium Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Strontium Hydroxide Market Trends |
6 Indonesia Strontium Hydroxide Market, By Types |
6.1 Indonesia Strontium Hydroxide Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Strontium Hydroxide Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.1.4 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.1.5 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99.9%, 2021-2031F |
6.1.6 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99.95%, 2021-2031F |
6.1.7 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99.99%, 2021-2031F |
6.1.8 Indonesia Strontium Hydroxide Market Revenues & Volume, By Purity 99.999%, 2021-2031F |
6.2 Indonesia Strontium Hydroxide Market, By By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Strontium Hydroxide Market Revenues & Volume, By Petroleum, 2021-2031F |
6.2.3 Indonesia Strontium Hydroxide Market Revenues & Volume, By Refine Sugar, 2021-2031F |
6.2.4 Indonesia Strontium Hydroxide Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.5 Indonesia Strontium Hydroxide Market Revenues & Volume, By Laboratory, 2021-2031F |
6.2.6 Indonesia Strontium Hydroxide Market Revenues & Volume, By Industrial Application, 2021-2031F |
6.2.7 Indonesia Strontium Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Strontium Hydroxide Market Import-Export Trade Statistics |
7.1 Indonesia Strontium Hydroxide Market Export to Major Countries |
7.2 Indonesia Strontium Hydroxide Market Imports from Major Countries |
8 Indonesia Strontium Hydroxide Market Key Performance Indicators |
9 Indonesia Strontium Hydroxide Market - Opportunity Assessment |
9.1 Indonesia Strontium Hydroxide Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Strontium Hydroxide Market Opportunity Assessment, By By Applications, 2021 & 2031F |
10 Indonesia Strontium Hydroxide Market - Competitive Landscape |
10.1 Indonesia Strontium Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Strontium Hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |