Barium Carbonate Market Trends, Share, Size, Growth, Supply and Manufacturers Analysis Research Report

SDKI Inc. published a new report on the barium carbonate market. This study includes the statistical and analytical approaches needed to grow the barium carbonate market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-92802

The barium carbonate market is estimated to reach approximately US $ 1193.8 billion by 2031, from a market value of approximately US $ 645 billion in 2022, and is expected to grow at a CAGR of 8% during the 2022-2031 forecast period. increase.

Barium carbonate is a heavy, odorless, white cream-colored chemical substance with the chemical formula BaCO3. It is the most important barium chemical and is commercially available in granular, powder, or high-purity form. Barium carbonate is very thermally stable and will not dissociate easily unless some carbon source is available in the atmosphere. It has applications in a variety of industries, but its use in the manufacture of CRT television glass is the largest market for barium carbonate.

Increasing disposable income and improving living standards around the world are key factors driving the growth of the barium carbonate market during the forecast period. Barium carbonate is also further supported by the various favorable properties of chemical products, which is why it has been found to be used in a variety of industries. These chemicals are extremely thermally stable and will not dissociate easily unless some carbon source is available in the atmosphere. Increasing use in the manufacture of CRT television glasses is also accelerating the growth of the barium carbonate market. In addition, global demand for barium carbonate is currently experiencing rapid growth in construction materials (especially ceramic tiles, glass, bricks and glazes) due to increased construction activity and growth in the real estate sector.

Sample URL of the report
https://www.sdki.jp/sample-request-92802

Barium Carbonate Market Segment

The barium carbonate market is divided by end use (grass, brick, clay, barium ferrite, photographic paper coating, etc.) and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Barium Carbonate Market

Asia-Pacific region had the largest share of the barium carbonate market in 2014, accounting for more than half of total consumption. With more construction in countries such as China and India, the demand for ceramic tiles and glass is increasing, which is expected to drive the growth of the barium carbonate market over the next seven years. Major ceramic and glass companies are shifting their manufacturing sectors to China and India due to low raw material and labor costs. In addition, China is expected to contribute to the growth of the barium carbonate market in the Asia Pacific region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

A major key player in the barium carbonate market

Major key players in the barium carbonate market include AG CHEMI GROUP, sro, Brenntag North America, Inc., Honeywell International Inc., Nippon Chemical Industrial Co., Ltd., Chemical Products Corporation, Hebei Harmony Enterprise Co. Ltd., etc. there is. The survey includes a detailed competitive analysis of these major companies in the barium carbonate market, corporate profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/press-details/barium-carbonate-market/645

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This release was published on openPR.