The Global Industrial Strontium Carbonate Market was valued at USD 266.63 Million in 2023 and is projected to reach USD 323.98 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.30% during the forecast period (2024–2029). This steady growth is being driven by its critical applications in the ferrite magnet and specialty glass industries, alongside rising demand from the electronics and pyrotechnics sectors across emerging economies.

As global manufacturing transitions toward high-performance materials and advanced technological applications, the focus intensifies on the key producers supplying high-purity strontium carbonate. In this blog, we profile the Top 10 Companies in the Industrial Strontium Carbonate Industry—a mix of global chemical leaders and specialized producers shaping material supply chains for magnets, glass, and metallurgy.

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🔟 1. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: High-Purity Strontium Carbonate (Above 99.5%)

Solvay is a global leader in advanced materials and specialty chemicals, supplying high-purity strontium carbonate for demanding applications. Their product is essential for producing ferrite magnets used in automotive motors, electronics, and industrial equipment, with stringent quality controls ensuring consistency for large-scale manufacturers.

Innovation & Market Position:

• Leading supplier to the European and North American magnet industry

• Investment in sustainable production processes and supply chain optimization

• Strong R&D focus on material science for next-generation applications

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9️⃣ 2. Honjo Chemical Corporation

Headquarters: Osaka, Japan
Key Offering: Strontium Carbonate (Various Grades), Strontium Nitrate

Honjo Chemical is a key player in the Asian market, specializing in strontium compounds. The company serves a diverse clientele, including the pyrotechnics industry for red flame compositions and the electronics sector for ferrite core production, leveraging its integrated manufacturing capabilities.

Innovation & Market Position:

• Significant market share in the Asia-Pacific region

• Diverse product portfolio catering to multiple industrial verticals

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Global Industrial Strontium Carbonate Market – View in Detailed Research Report

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8️⃣ 3. Qinghai Jinrui Group Co., Ltd.

Headquarters: Xining, Qinghai, China
Key Offering: Industrial-Grade Strontium Carbonate, Celestite Ore

Qinghai Jinrui Group is a major Chinese producer with access to significant celestite ore reserves in the Qinghai province. The company benefits from vertical integration, controlling the process from mining to the production of finished strontium carbonate, which grants it a strong cost advantage in the global market.

Innovation & Market Position:

• One of China’s largest producers by volume

• Strategic advantage due to proximity to raw material sources

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7️⃣ 4. Nanjing Jinyan Strontium Industry Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Strontium Carbonate (99% min), Strontium Sulfate

Nanjing Jinyan is a specialized manufacturer with a strong focus on strontium-based chemicals. The company has established a reputation for reliable supply and consistent quality, serving both domestic Chinese industries and international export markets, particularly in glass and ceramic frit production.

Innovation & Market Position:

• Established export network to Europe and Southeast Asia

• Strong technical support and customer service for specialized applications

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6️⃣ 5. BassTech International

Headquarters: Houston, Texas, USA
Key Offering: High-Purity Strontium Carbonate, Custom Chemical Sourcing

BassTech International acts as a key supplier and distributor of strontium carbonate in the Americas. The company specializes in sourcing high-quality materials from global producers and supplying them to North American manufacturers in the electronics, chemical, and pyrotechnic industries.

Innovation & Market Position:

• Critical supply chain link for North American industries

• Expertise in logistics and quality assurance for chemical imports

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5️⃣ 6. Hebei Xinji Chemical Group Co., Ltd.

Headquarters: Shijiazhuang, Hebei, China
Key Offering: Industrial Strontium Carbonate, Barium Carbonate

Hebei Xinji Chemical Group is a diversified chemical manufacturer with a significant production capacity for strontium carbonate. The company’s broad product range allows it to serve multiple markets, including the growing demand for strontium carbonate in metal smelting and alloy production.

Innovation & Market Position:

• Integrated production of alkali earth metal carbonates

• Competitive pricing strategy for volume buyers

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4️⃣ 7. Zaozhuang Yongli Chemical Co., Ltd.

Headquarters: Zaozhuang, Shandong, China
Key Offering: Strontium Carbonate (>99%), Strontium Hydroxide

Zaozhuang Yongli Chemical is a prominent producer located in a key industrial region of China. The company focuses on the production of strontium salts and has developed efficient manufacturing processes to cater to the quality requirements of the global glass and ceramics industry.

Innovation & Market Position:

• Specialization in strontium salt derivatives

• Established presence in the domestic and Asian markets

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Global Industrial Strontium Carbonate Market – View in Detailed Research Report

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3️⃣ 8. Minle Fuyuan Chemical Co., Ltd.

Headquarters: Qinghai, China
Key Offering: Strontium Carbonate (Various Purities)

Minle Fuyuan Chemical leverages its location in Qinghai, a region rich in celestite mineral deposits, to produce cost-effective strontium carbonate. The company is a significant volume supplier, primarily serving the ferrite magnet industry, which consumes the largest share of industrial strontium carbonate globally.

Innovation & Market Position:

• Cost leadership driven by raw material access

• Key supplier for the booming magnet industry in China

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2️⃣ 9. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: Ultra High-Purity Strontium Carbonate (99.99%-99.999%)

American Elements is a global manufacturer and distributor of advanced materials, supplying ultra-high-purity strontium carbonate for research, development, and specialized industrial applications. Their products are critical for labs, electronics, and advanced ceramic formulations where purity is paramount.

Innovation & Market Position:

• Leader in high-purity and custom-engineered materials

• Global distribution network serving R&D and high-tech sectors

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1️⃣ 10. ProChem, Inc.

Headquarters: Rockford, Illinois, USA
Key Offering: Technical and Reagent Grade Strontium Carbonate

ProChem, Inc. is a specialized chemical supplier in the United States, providing both technical and high-purity grades of strontium carbonate. The company serves a niche market, including educational institutions, pyrotechnic manufacturers, and small to medium-sized industrial users requiring reliable, high-quality materials.

Innovation & Market Position:

• Focus on the North American specialty chemical market

• Strong customer relationships and tailored service for diverse applications

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Global Industrial Strontium Carbonate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Industrial Strontium Carbonate Is Driven by Technology and Sustainability

The industrial strontium carbonate market is evolving in response to technological advancements and shifting global supply chains. While traditional applications in ferrite magnets and glass remain the primary demand drivers, new opportunities are emerging in energy storage and advanced ceramics.

📈 Key Trends Shaping the Market:

• Growth in Permanent Magnet Demand: The expansion of the electric vehicle (EV) market and renewable energy sector (wind turbines) is fueling demand for high-performance ferrite magnets.

• Supply Chain Diversification: Industries are seeking to diversify supply sources beyond China to ensure stability, creating opportunities for producers in other regions.

• Purity and Performance Specifications: Increasing demand for higher purity grades (>99.5%) for advanced electronic and technical applications.

• Sustainable Sourcing: Growing emphasis on environmentally responsible mining and production processes across the supply chain.

Get Full Report Here:
Global Industrial Strontium Carbonate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they are enabling innovations across electronics, transportation, and construction industries worldwide.