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The global barium carbonate market size reached a value of almost USD 553 billion in the year 2020.
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The value chain analysis of barium carbonate has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the industry has also been provided. The report also covers the global import and export trends of barium carbonate with Japan being the largest importer and China being the largest exporter.
This report provides an exhaustive insight into the manufacturing of the product. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstocks required for manufacturing barium carbonate viz. barite, petcoke and sodium carbonate. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.
Barium carbonate is a heavy, odourless, white to cream coloured chemical with the chemical formula BaCO3. It is the most important chemical amongst the barium chemicals and is sold commercially in granular, powder or high purity form. It is thermally very stable and does not readily disassociate unless some carbon source is available in the atmosphere.
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On the basis of end uses, the barium carbonate market is segmented into:
Glass and brick and clay currently represent the biggest end-use industries for the product.
The report also covers the regional barium carbonate markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The global barium carbonate market is driven by the rising disposable income and enhancing standard of living across the globe. The industry is further aided by the various favourable properties of the chemical product including thermally very stable and does not readily disassociate unless some carbon source is available in the atmosphere, owing to which it finds its application in a wide variety of industries. The rising use in the manufacturing of CRT television glass represents the largest market for barium carbonate, further accelerating the industry growth. Its global demand is currently experiencing the fastest growth in construction materials (particularly ceramic tiles, glass, bricks and glazes) due to increasing construction activities and the growth of the real estate sector.
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The report gives a detailed analysis of the following key players in the global barium carbonate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the barium carbonate market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 6%.
The major drivers of the industry such as rising disposable incomes, enhancing standard of living, favourable properties of the product, rising demand for the product in the manufacturing of CRT television glass, and the increasing demand from the construction industry are expected to aid the market growth.
The rapidly expanding demand of barium carbonate in construction materials due to the increase of construction activities and the growth of the real estate sector is expected to be a major trend guiding the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The most significant end use segments in the industry are glass and brick and clay sectors.
The leading players in the industry 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 others.
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