Strontium Market to Undertake Strapping Growth by 2024
Among the limited number of companies operating in the global strontium market, Solvay, Sakai Chemical Industry Co., Ltd., and BassTech International held the dominant share of over 60% in 2015. Among these enterprises, Solvay is backward integrated into the mining of strontium materials. This has intensified the prevailing competition among the leading players. As per Transparency Market Research (TMR), the degree of competition witnessed in the market is expected to remain from medium to high in the coming years.
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