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Global Barium Titanate Market: By Application: Sensors, Capacitors, Thermistors, Opto-Electronic Devices, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Manufacturing Process; Competitive Landscape; Industry Events and Developments

Global Barium Titanate Market Outlook

The global barium titanate market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026, driven by the rising demand for electric vehicles.

 

Barium Titanate Market

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The Asia Pacific Leading the Global Market for Barium Titanate

The global market for barium titanate is dominated by the Asia Pacific region, owing to the regions' rapid economic growth and urbanisation. The market is primarily being driven by the rising demand for electric vehicles in the region. The rise in carbon dioxide emissions, as well as the increased government efforts to reduce the number of petroleum and diesel-based vehicles, is a key driver for the increase in the demand in the Asia Pacific for electric vehicles, which is further driving the demand for barium titanite.

The growth in the electric vehicle production is a result of an increase in the number of carbon dioxide emission regulations as a result of rising global warming worldwide. An increasing number of initiatives aimed at boosting the sales of electric vehicles is expected to fuel the demand for barium titanate in the coming years.

 

Barium Titanate Market by Application

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Barium Titanate: Industry Definition and Segmentation

Barium titanate is an organic chemical compound formed by heating titanium oxide and barium carbonate. It is a white, powdery, perovskite-bodied material. Barium titanate is a ferroelectric substance with piezoelectric characteristics and pyroelectric properties. Also, one of the key features of that material is its high dielectric constant.

The product finds wide applications in the following segments:

  • Sensors
  • Capacitors
  • Thermistors
  • Opto-Electronic Devices
  • Others

The regional markets for barium titanate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Barium Titanate Market by Region

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Rising Application of Barium Titanate Bolstering the Market Growth

The global market for barium titanate is rising owing to its growing applications in various sectors. It finds applications in capacitors, lead-free piezoelectric devices, electroluminescent coatings, and composite polymer films. The capacity and photorefractive properties of barium titanate are likely to contribute to their demand in the coming years. In addition, the high dielectric and lead-free character of barium titanate make it a suitable material to use in the production of different electronic devices. Consequently, zirconated titanate may be used as an environmentally friendly substitute, further aiding the market growth for barium titanate.

The rising middle-class population, shifting lifestyle habits, as well as a growth in smart electronic equipment are expected to drive the consumer electronics growth over the coming years. In addition, the rising disposable incomes and the rise in internet usage are expected to increase the electronic equipment production. Capacitors are commonly used in electronic devices for the storage of energy. As a result, the demand for titanium barium is likely to be propelled forward in the coming years. These factors are likely to boost the growth of the global market for barium titanate.

 

Key Industry Players in the Global Barium Titanate Market

The report gives a detailed analysis of the following key players in the global barium titanate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • KCM Corporation
  • Ferro Corporation
  • Fuji Titanium Industry Co., Ltd.
  • Nippon Chemical Industrial CO., LTD.
  • Shandong Sinocera Functional Material Co., Ltd 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Barium Titanate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Barium Titanate Historical Market (2016-2020) 
    8.3    Global Barium Titanate Market Forecast (2021-2026)
    8.4    Global Barium Titanate Market by Application
        8.4.1    Sensors
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Capacitors
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Thermistors
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Opto-Electronic Devices
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Barium Titanate Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operations Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    KCM Corporation
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Ferro Corporation
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Fuji Titanium Industry Co., Ltd.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Nippon Chemical Industrial CO., LTD.
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Shandong Sinocera Functional Material Co., Ltd 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Barium Titanate Market: Key Industry Highlights, 2016 and 2026
2.    Global Barium Titanate Historical Market: Breakup by Form (USD Billion), 2016-2020
3.    Global Barium Titanate Market Forecast: Breakup by Form (USD Billion), 2021-2026
4.    Global Barium Titanate Historical Market: Breakup by End Use (USD Billion), 2016-2020
5.    Global Barium Titanate Market Forecast: Breakup by End Use (USD Billion), 2021-2026
6.    Global Barium Titanate Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Barium Titanate Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Barium Titanate Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Barium Titanate Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Barium Titanate Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Barium Titanate Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Barium Titanate Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Barium Titanate Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Barium Titanate Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Barium Titanate Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Barium Titanate Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Barium Titanate Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Barium Titanate Market Structure

Key Questions Answered in the Report

The global barium titanate market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for electric vehicles, rising production of electronic devices, rapid urbanisation, growing middle class, changing lifestyle habits, and rising adoption of smart electronic equipment, are expected to aid the market growth.

The key trend guiding the growth of the market includes the growing adoption of the product as an environmentally friendly and lead-free substitute in electronic devices.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.

The leading application segments in the market are sensors, capacitors, thermistors, and opto-electronic devices, among others.

The major players in the industry are KCM Corporation, Ferro Corporation, Fuji Titanium Industry Co., Ltd., Nippon Chemical Industrial CO., LTD., and Shandong Sinocera Functional Material Co., Ltd, among others.

Analyst Review

The global barium titanate market is being driven by the rising production of electric vehicles and electronic devices. Aided by the rising environmental consciousness, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 6%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the market is segmented into sensors, capacitors, thermistors, and opto-electronic devices, among others. The major regional markets for barium titanate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include KCM Corporation, Ferro Corporation, Fuji Titanium Industry Co., Ltd., Nippon Chemical Industrial CO., LTD., and Shandong Sinocera Functional Material Co., Ltd, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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