Global Barium Carbonate Market Size study, By Product Form (Granular, Powder, Ultra-Fine), By Application (Bricks & Tiles, Specialty Glass, Electro Ceramic, Others), By End-Use Industry (Construction, Oil & Gas, Electronics, Others), and Regional Forecasts 2022-2028
Global Barium Carbonate Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Barium carbonate is a white powder that is insoluble in water and soluble in a variety of acids. It is a highly reactive material that helps in raising the refractive index and luster of glass. Barium carbonate is water-insoluble in nature and can be also used for the removal of efflorescence from tiles. It is gaining huge traction across manufacturing standard glass, brick, glazes, and tile industries. The thriving growth of the construction industry, rapid urbanization, and the increasing investment in infrastructural development are the several chief factors that are stimulating the global market demand. For instance, according to Statista, global construction investment (including commercial and residential infrastructure) is increasing in 2017, global construction spending was USD10.9 trillion, and it is anticipated to rise to USD 12.5 trillion by 2030. Therefore, the rising investment in the construction sector is likely to fuel the demand for barium carbonate, which, in turn, boosts market growth across the globe. However, the imposition of stringent regulations by the government on the application of barium carbonate and the toxic nature of barium and barium compounds obstruct the growth of the market over the forecast period of 2022-2028. Also, the rising adoption of the ceramic industry and economic development are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Barium Carbonate Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rising number of construction activities and rapid urbanization. Whereas, Europe is anticipated to exhibit a considerable growth rate over the forecast period 2022-2028. Factors such as the increasing investment in infrastructure development projects, as well as surging demand from the ceramic industry would create lucrative growth prospects for the Barium Carbonate Market across the Europe region.
Major market players included in this report are:
Sakai Chemical Industry Co., Ltd.
Shaanxi Ankang Jianghua Group Co., Ltd
Chemical Products Corporation
Honeywell International Inc.
Nippon Chemical Industrial Co., Ltd
Ag Chemi Group
Kandelium
Hubei Jingshan Chutian Barium Salt Corporation Ltd.
Hebei Xinji Chemical Group Co. Ltd.
Zaozhuang Yongli Chemicals Co.,Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Form:
Granular
Powder
Ultra-Fine
By Application:
Bricks & Tiles
Specialty Glass
Electro Ceramic
Others
By End-Use Industry:
Construction
Oil & Gas
Electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Barium Carbonate Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Sakai Chemical Industry Co., Ltd.
Shaanxi Ankang Jianghua Group Co., Ltd
Chemical Products Corporation
Honeywell International Inc.
Nippon Chemical Industrial Co., Ltd
Ag Chemi Group
Kandelium
Hubei Jingshan Chutian Barium Salt Corporation Ltd.
Hebei Xinji Chemical Group Co. Ltd.
Zaozhuang Yongli Chemicals Co.,Ltd
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