Global Barium Sulfate Market Growth 2023-2029
Barium sulfate (or sulphate) is the inorganic compound with the chemical formula BaSO4. It is a white crystalline solid that is odorless and insoluble in water. It occurs as the mineral barite, which is the main commercial source of barium and materials prepared from it. The white opaque appearance and its high density are exploited in its main applications.
LPI (LP Information)' newest research report, the “Barium Sulfate Industry Forecast” looks at past sales and reviews total world Barium Sulfate sales in 2022, providing a comprehensive analysis by region and market sector of projected Barium Sulfate sales for 2023 through 2029. With Barium Sulfate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Barium Sulfate industry.
This Insight Report provides a comprehensive analysis of the global Barium Sulfate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Barium Sulfate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Barium Sulfate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Barium Sulfate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Barium Sulfate.
The global Barium Sulfate market size is projected to grow from US$ 583.8 million in 2022 to US$ 814.7 million in 2029; it is expected to grow at a CAGR of 814.7 from 2023 to 2029.
The major manufacturers of global barium sulfate include Shenzhou Jiaxin Chemical, Sachtleben Chemie GmbH, Redstar, Shanxi Fuhua Chem, Long Fu Group, Onmillion Nano Material, Xingtang Xuri Chemical, Hoten, Lianzhuang Technology, Cimbar, Sakai Chem and Solvay, etc, which together account for about 80% of the market share. China is the largest consumer market, with about 31 percent, followed by the United States with 12 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Barium Sulfate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Precipitated Barium Sulfate (D50>0.5μm)
Ultra - Fine Precipitated Barium Sulfate (D50≤0.5μm)
Segmentation by application
Paints & Coating Industry
Plastic Industry
Rubber Industry
Ink Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shenzhou Jiaxin Chemical
Sachtleben Chemie GmbH
Redstar
Shanxi Fuhua Chem
Long Fu Group
Onmillion Nano Material
Xingtang Xuri Chemical
Hoten
Lianzhuang Technology
Cimbar
Sakai Chem
Solvay
Key Questions Addressed in this Report
What is the 10-year outlook for the global Barium Sulfate market?
What factors are driving Barium Sulfate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Barium Sulfate market opportunities vary by end market size?
How does Barium Sulfate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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