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Strontium Aluminate Powder Market

Strontium Aluminate Powder Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2031

Strontium Aluminate Powder: Introduction

  • Strontium aluminate (SRA, SrAl) is an aluminate compound with the chemical formula SrAl2O4. It is a pale yellow, monoclinic crystalline powder that is odorless and non-flammable. When activated with a suitable dopant (e.g., europium, written as Eu: SrAl2O4), it acts as a photoluminescent phosphor with long persistence of phosphorescence.
  • Strontium aluminate powder is activated by europium and dysprosium, a newer material with the highest brightness and significantly longer glow. It is around 10 times better than combining zinc and calcium sulfides. The lighter aluminates, such as SrAl, produce stunning blue colors, while europium doped with basic strontium aluminate produces a green glow.
  • It is used in a wide range of industrial applications such as traffic and emergency signs, white-light emitting diodes, textile printing, biological markers, and luminous paints in airports, highways, and buildings

Key Drivers and Restraints of Strontium Aluminate Powder Market

  • Strontium aluminate powder is primarily used in paints and coatings. Rise in demand for photoluminescent paints is likely to drive the global strontium aluminate powder market during the forecast period, owing to their wide usage in the production of glow in dark paints used on aircraft escape routes and in residential and commercial interior decor.
  • Increase in demand for strontium aluminate as an additive to plastics is expected to create significant opportunities for the strontium aluminate powder market in the near future
  • Strontium aluminate powder has excellent luminescence properties such as green phosphorescence with a long lifetime and high quantum efficiency, good chemical and thermal stability, environmental friendliness, and non-toxicity. It is widely used as luminous paint in buildings. Growth in usage of photoluminescence paints in the production of dark paints used in interior decoration in residential and commercial buildings is expected to drive the market during the forecast period.

Strontium Aluminate Powder: Type Segment

  • In terms of type, the global strontium aluminate powder market can be divided into water-based, solvent-based, and synthetic-based
  • The water-based segment is projected to hold major share of the market during the forecast period due to the rise in demand for water-based strontium aluminate powder, which is used to produce luminous products in a variety of transparent or translucent media, including plastic, paint, glaze, ink, glass, and printing slurry.
  • The solvent-based segment is projected to follow the water-based segment during the forecast period. Strontium aluminate powder is used widely in the paints & coatings industry in the production of paints for a variety of applications including automobiles, buildings, and hardware. High demand for photoluminescent paints and coatings in printing and coating industries is driving the global strontium aluminate powder market.

Strontium Aluminate Powder: Application Segment

  • Based on application, the global strontium aluminate powder market can be segmented into paints & coatings, printing inks, textiles, plastics, construction materials, and others
  • The paints & coatings segment is projected to gain higher share of the global market during the forecast period. Large amount of strontium aluminate powder is employed in various end-use industries such as automobiles and construction. Rise in construction activities is expected to drive the market in the near future.
  • The plastics segment is projected to hold key share of the global strontium aluminate powder market in the near future, as these are employed in the formulation of plastic sheets and films. Strontium aluminate powder enhances the glowing properties of plastics in the absence of light. It is also used in automotive interiors, wheel coatings, emergency signboards, packaging, and other applications. This is expected to drive the global strontium aluminate powder market during the forecast period.

COVID-19 Impact on Strontium Aluminate Powder Market

  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 214 countries and territories around the world.
  • Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
  • Manufacture of various consumer goods and other products across the globe came to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the strontium aluminate powder market.

Asia Pacific to Hold Leading Share of Global Strontium Aluminate Powder Market

  • In terms of region, the strontium aluminate powder market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is expected to hold major share of the global strontium aluminate powder market, followed by North America and Europe, during the forecast period. This can be ascribed to the easy availability of raw materials at competitive prices in the region as well as rapid growth of the building & construction and automotive industries in China, India, Japan, and South Korea.
  • The strontium aluminate powder market in Europe and North America is projected to expand at a rapid pace in the near future

Key Manufacturers Operating in Strontium Aluminate Powder Market

The strontium aluminate powder market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the strontium aluminate powder market include:

  • Honeywell International Inc.
  • LuminoChem
  • Nemoto & Co. Ltd
  • Allureglow International
  • GloTech International Ltd.
  • Lightleader Co. Ltd.
  • Tavco Chemicals Inc.
  • RTP Company
  • RC Tritec Ltd.
  • Glow Inc.
  • Minhui Luminous
  • Grand Luminous

Strontium Aluminate Powder: Research Scope

Strontium Aluminate Powder Market, by Type

  • Water-based
  • Solvent-based
  • Synthetic-based

Strontium Aluminate Powder Market, by Application

  • Paints & Coatings
  • Printing Inks
  • Textiles
  • Plastics
  • Construction Materials
  • Others

Global Strontium Aluminate Powder Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Strontium Aluminate Powder Market

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