The report offers detailed coverage of Barium Carbonate industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Barium Carbonate by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Barium carbonate, also known as witherite, is a chemical compound used in rat poison, bricks, ceramic glazes and cement. Barium carbonate has high demand from glass industry and gives luster and increase the refractive index of the glass.
The increasing demand for Barium carbonate drives the market. Barium carbonate is majorly used for manufacturing and glazing ceramic tiles since it acts as a crystallizing and matting agent which combines with specific colouring oxides to synthesise unique colours. A surge in the construction activities in the developing regions and the increasing use of tiles have influenced the market growth.Barium carbonate increases the refractive index and lustre of glass which makes it suitable for use in the glass industry. Apart from this, it is also used in the production of cathode ray tubes, optical glass, glass filters and borosilicate glass.Other factors such as increasing government expenditure on infrastructural activities, growing population, inflating disposable incomes and rising preference for a luxury lifestyle are bolstering the barium carbonate market growth across the world.
However, consumption of barium carbonate can cause convulsions, gastrointestinal disorders, muscle paralysis and tendon reflexes. Due to this, several governments in the developed countries have implemented stringent regulations on the usage of barium carbonate, thereby hampering the market growth.
The global Barium Carbonate market was 460000 million US$ in 2020 and is expected to 1098900 million US$ by the end of 2025, growing at a CAGR of 11.5% between 2020 and 2025.
The report forecast global Barium Carbonate market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Barium Carbonate market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Solvay
American Elements
Santa Cruz Biotechnology
Chemical Products Corporation
IBC Limited
Maruti Chemicals Company
Rahul Barium Chemicals
By the product type, the market is primarily split into
(2N) 99% Barium Carbonate
(3N) 99.9% Barium Carbonate
(4N) 99.99% Barium Carbonate
(5N) 99.999% Barium Carbonate
By the end users/application, this report covers the following segments
Ceramic Glass
Tiles
Bricks and Clay
Barium Ferrite
Others
At the same time, we classify Barium Carbonate according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Barium Carbonate market for the forecast period 2020 - 2025?
• What are the driving forces in the Barium Carbonate market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Barium Carbonate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?