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Barium Sulfate Market It Is Expected to Reach 680 million US$ by the End of 2025, with a CAGR of 4.8% Between 2019 and 2025 - QY Research

04-11-2019 09:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, Inc. 

Barium Sulfate Market It Is Expected to Reach 680 million US$

Barium sulfate with the chemical formula BaSO. It is a white crystalline solid that is odorless and. It occurs as the mineral, which is the main commercial source of and materials.

The growth of the market is majorly attributed to the rapid development of the paints and coating industry of household car and electric vehicle, as well as the growing demand from small- and medium-scale enterprises in developing countries.

Access PDF of this report at: https://www.qyresearch.com/sample-form/form/1091322/global-barium-sulfate-market

The China market is expected to grow at the highest CAGR between 2016 and 2022. China is expected to be the next largest consumer of the barium sulfate market. Increase in the industrial growth coupled with the civil constructions in China is expected to boost the consumption of barium Sulfate in Asia Pacific. The growing automobile industry in Asia Pacific is expected to boost the overall demand for paints and coating which in turn is expected to drive the growth of the barium Sulfate market in this region.

Some of the barium sulfate manufactured is consumed as a component of the oil well drilling fluid. Barium Sulfate is mainly used to increase the density of the fluids. Thus, the growing demand for highly purified fluids has boosted the overall growth of the barium sulfate market. Barium sulfate is widely used in the paints and coating industry. Barium Sulfate is widely used as a component for white Plastic Industry that is used in paints industry. Barium sulfate is transparent in nature and thus, it is used as filler or to modify the consistency of the paints. Thus, the growing automobile industry is expected to boost the overall growth of the paints and coatings industry which in turn is expected to boost the global demand for the barium Sulfate market. Growing construction industry is also expected to contribute to augment the overall growth of the barium Sulfate market. Barium Sulfate is widely used as plastic filler during the manufacturing of polypropylene and polystyrene.

The global Barium Sulfate market was 490 million US$ in 2018 and is expected to 680 million US$ by the end of 2025, growing at a CAGR of 4.8% between 2019 and 2025.

This report studies the Barium Sulfate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Barium Sulfate in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Shenzhou Jiaxin Chemical

Sachtleben Chemie GmbH

Redstar

Shanxi Fuhua Chem

Long Fu Group

Onmillion Nano Material

Xingtang Xuri Chemical

Hoten

Lianzhuang Technology

Cimbar

Sakai Chem

Solvay

By the product type, the market is primarily split into

Precipitated Barium Sulfate (D50>0.5μm)

Ultra - fine Precipitated Barium Sulfate (D50≤0.5μm)

By the end users/application, this report covers the following segments

Paints & Coating Industry

Plastic Industry

Rubber Industry

Ink Industry

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

Get Full Report Now at USD 5,600: https://www.qyresearch.com/settlement/pre/b5a7ba7adad7ea6b4d12374bfb9a5dff,0,1,Global%20Barium%20Sulfate%20Market%20Report,%20History%20and%20Forecast%2020142025,%20Breakdown%20Data%20by%20Manufacturers,%20Key%20Regions,%20Types%20and%20Application

About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

Contact US:
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA – 91748
USA: +1 6262 952 442
Emails – enquiry@qyresearch.com
Web – www.qyresearch.com

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