The new report by Expert Market Research titled, ‘Global Barium Carbonate Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global barium carbonate market, assessing the market based on its segments like end-use, and major regions like the Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 553 Billion
The global barium carbonate market is driven by the rising standard of living across the globe. Moreover, the market growth is aided by the properties of the chemical including thermal stability and unreactive nature, owing to which it finds its application in a wide variety of industries. The CRT television glass market accounts for a significant market for barium carbonate, further augmenting its growth. The global demand is currently witnessing a robust growth in the construction industry (particularly ceramic tiles, glass, bricks, and glazes) owing to the boom in the real estate market and other construction activities after the COVID-19 pandemic.
Industry Definition and Major Segments
Barium carbonate (BaCO3) is a heavy, odourless, white coloured chemical. It is the most vital chemical amongst the barium chemicals and is sold commercially in granulated, powdered, or pure form. It does not disassociate spontaneously unless being exposed to some carbon source in the atmosphere and is used for its thermal stability.
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On the basis of end uses, the barium carbonate market is segmented into:
- Glass
- Brick and Clay
- Barium Ferrites
- Photographic Paper Coatings
- Others
The regional markets for barium carbonate include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Market Trends
The barium carbonate market is highly fragmented. Regionally, China, in the Asia Pacific, dominated the global barium carbonate market in 2020 owing to its high-end companies catering the infrastructure needs globally, followed by Japan and Others. By end-use, the glass manufacturing industry is projected to make the most use of the chemical where it finds its use to increase the refractive index. Additionally, its regular use in other industries like cathode-ray and television tubes aid the growing momentum of the market.
Key Market Players
The major players in the market are AG CHEMI GROUP s.r.o., Brenntag North America, Inc., Honeywell International Inc., Nippon Chemical Industrial Co., Ltd., Chemical Products Corporation, and Hebei Harmony Enterprise Co. Ltd. among few others. The report covers the market shares, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Alkylene Carbonates Market Information by Type (Ethylene Carbonate, Propylene Carbonate, Glycerine Carbonate), by End Use Industry (Paints & Coatings, Agriculture, Textiles & Fabrics, Cosmetics & Personal Care) and by Region Forecast till 2023
Global Alkylene Carbonates Market segmentation includes its current and estimated demand in Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.
Regionally, Asia Pacific is set to witness exponential growth within the forecast period due to increasing demand from paints & coatings, cosmetics & personal care industries.
The prominent players operating in the Alkylene Carbonates Market include BASF SE (Germany), Huntsman International LLC (U.S.), Sigma-Aldrich Co. LLC.
(U.S), Mitsubishi Chemical Corporation (Japan), Tongling Jintai Chemical Industrial Co. Ltd (China), Alfa Aesar (U.S.), Qingdao Shinda Chemical Co., Ltd. (China) and others.
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Every segment expansion is evaluated along with the evaluation of their growth in the forecast period.
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), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Barium Fluoride Market Players:: CompanySolvay, GFS Chemicals, International Crystal Laboratories, All-Chemie, Barium & Chemicals, Wego Chemical & Mineral, Alfa Chemical, Super Conductor Materials, Jay IntermediatesSegmentation by Type: Ammonium, Hydrogen Fluoride, Calcium Fluoride, Sodium Fluoride, Sulphur Hexafluoride, OthersSegmentation by Application: Aluminum Metallurgy, Optical Material, Oil Refining, Spectroscopic Components, Pharmaceuticals, Food, OthersThe outlook of this report :* The report concentrates on the vital entities associated with the Barium Fluoride market.
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