Barium Carbonate is a white color chemical compound, manufactured by using barite as a raw material. It is available in powder form and is insoluble in water, but soluble in a variety of acids. Barium carbonate is thermally stale and helps in increasing the refractive index and luster of glass. It is produced as a result of the reaction between pet coke and barium sulfate, commonly known as barite. The reaction between barium sulfide and sodium carbonate also produces barium carbonate. It is used in the manufacture of other barium compounds and helps in removing efflorescence in bricks, tiles, etc.
MARKET DYNAMICS
The wide application of barium bicarbonate as a crystalizing and mating agent for glazing ceramic tiles drives the growth of the barium carbonate market. An upsurge in the construction activities had led to an increase in the use of tiles, thereby stimulating market growth. However, lack of privacy matters and common supervisory principles restricts the fruitful development of the barium carbonate market. Growing population, increasing disposable income, rapid urbanization and incrementing brisk demand from the construction industry are some factors anticipated to foster the growth of the barium carbonate market in the near future.
MARKET SCOPE
The "Global Barium Carbonate Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the barium carbonate market with detailed market segmentation by product, form, application and geography. The global barium carbonate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading barium carbonate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global barium carbonate market is segmented on the basis of product, form, application and geography. On the basis of product the market classify into crystal type and powder type. As per form, the market is broken into granular, powder and ultra-fine. The market in terms of application is bifurcated into specialty glass, bricks & tiles, chemical compounds, frits & enamels, electro-ceramic materials and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The barium carbonate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the barium carbonate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the barium carbonate market in these regions.
MARKET PLAYERS
The reports cover key developments in the barium carbonate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from barium carbonate market are anticipated to lucrative growth opportunities in the future with the rising demand for barium carbonate market in the global market. Below mentioned is the list of few companies engaged in the barium carbonate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the barium carbonate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- American Elements
- Chaitanya Chemicals
- Chemical Products Corporation
- Guizhou Red Star Development Co., Ltd.
- Hebei Xinji Chemical Group Co., Ltd.
- IBC Limited
- Maruti Chemicals Company
- Rahul Barium Chemicals Private Limited
- Santa Cruz Biotechnology, Inc.
- Solvay S.A.