As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global precipitated barium sulphate industry is largely driven by the growing population and the rapid industrialisation in the Asian Pacific regions. The precipitated barium sulphate can be used as a basic raw material for the flourishing paints and coatings industry, the popular plastic and rubber industry, paper making and cosmetic fillers. In the application segments, the plastic is the leading one owing to its widespread demand. The ceramic, glass, and other chemical processing industries also have its application in their production processes. The precipitated barium sulphate can act as radio-opaque agent. This has resulted in its use in nuclear power plants and X-ray laboratories. The pharmaceutical industries have also been increasing the usage of barium sulphate because of its non-toxic nature and desired solvency characteristics. The precipitated barium sulphate can improve pigmentation efficiency and thus used in flavours and pigments industry.
The coatings segment in the application segment is also expected to witness a significant increase in the forecasting years. Solvay S.A (OTCMKTS: SOLVY), one of the key players in the precipitated barium sulphate industry, is also involved in the coating application sector of precipitated barium sulphate. On March 19, 2019 Solvay announced its new waterborne coating system called Halar ECTFE which can be used for anti-corrosion purpose in wide range of industries. It claimed to have advantages like excellent chemical resistance, high adhesion, purity, and long-life preservation of the applied objects. The new coatings will cause a rise in the coating industry which will lead to surging demand for precipitated barium sulphate.
Market Analysis by Type, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the report:
The major players in the global precipitated barium sulphate market are Solvay S.A, Sakai Chemical Industry Co., Ltd., and Foshan Onmillion Nano materials Co., Ltd. among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.