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. Barium carbonate is thermally very stable and does not readily disassociate unless some carbon source is available in the atmosphere. It finds its application in a wide variety of industries, however, its use in the manufacturing of CRT television glass represents the largest market for barium carbonate. During 2014-2018, the global barium carbonate market grew at a CAGR of around 8%. 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. This report by Expert Market Research entitled “Barium Carbonate Market Report and Forecast 2019–2024” provides a comprehensive analysis for anyone who plans to foray into the barium carbonate market.
Historical market trends for the barium carbonate industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global barium carbonate market into the following countries – China, Japan and others. China currently represents the largest market. On the basis of end-use, the global barium carbonate market has been segmented as glass industry, brick and clay, barium ferrites, photographic paper coatings and others. Glass and brick & clay currently represent the biggest end-use markets for barium carbonate.
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 market based on Porter’s five forces model, which evaluates the level of competition in the market 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 barium carbonate 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 barium carbonate. 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.
The following are the key questions answered by this report:
- What are the market trends for the global barium carbonate market?
- Which are the biggest markets (regions) for barium carbonate?
- What are the key application areas for barium carbonate?
- Who are the key manufacturers in the barium carbonate market?
- What are the price trends of barium carbonate?
- What are the raw material requirements for the manufacturing of barium carbonate?
- What are the chemical reactions involved during the manufacturing of barium carbonate?
- Who are the major importers and exporters of barium carbonate?
- What is the value chain analysis of the barium carbonate industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the barium carbonate industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.