Barium Sulphate Market Status and Outlook 2022-2029 | Sakai Chemical, Onmillion Nano Material, Fuhua Chemical, NaFine
The global Barium Sulphate Market is expected to grow with a CAGR greater than 3.7% during the forecast period of 2022-2029.
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Barium sulphate is an inorganic compound that is odourless and insoluble in water. Barium sulphate has exceptional properties such as low solubility and a high level of clearance from the body, which makes it a good radiocontrast agent and is used as barium meal in diagnostic procedures. Additionally, barium sulphate is also a white transparent pigment, which is used as lake pigment in cosmetics and personal care products. Furthermore, the increase in demand from the packaging industry is also driving the barium sulphate market.
The major companies operating in the global Barium Sulphate Market outlined in the report are:
Sakai Chemical,Onmillion Nano Material,Fuhua Chemical,NaFine,Nippon Chemical Industry,Hongkai Chemical,Redstar,Lianzhuang Investment,Xin Chemical,Huntsman,Hechuang New Material,Xinji Chemical,Chemiplastica,Jiaxin Chemical,Solvay,LaiKe,Chongqing Shuangqing
Solvay has acquired 16 companies, including 6 in the last 5 years. It has also divested 10 assets. Solvay's largest acquisition to date was in 2015 when it acquired Cytec Industries for $5.5B. Its largest disclosed sale occurred in 2010 when it sold Solvay Pharmaceuticals to Abbott Laboratories for $6.1B. Solvay has acquired in 5 different US states, and 8 countries. The Company's most targeted sectors include chemicals (63%) and life science (13%).
Barium Sulphate Market Segments:
Market Segmentation: By Type
Impure Barium Sulphate
Pure Barium Sulphate
Market Segmentation: By Application
Oil and gas
Regions Are covered by Global Barium Sulphate Market
For a comprehensive understanding of market dynamics, the Global Barium Sulphate Market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
On the other hand, the growth avenues of Asia Pacific region in the global barium sulphate market are improving, as the developing Asian countries are emerging as large consumers of the chemical. Positive growth in industrialization, especially in the construction industry will contribute to a heavy demand for barium sulphate.
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The study objectives of this report are:
- To study and analyze the Global Barium Sulphate market size (value and volume) by the company, key regions/countries, products and applications, history data from 2016 to 2021, and forecast to 2029.
- To understand the structure of Barium Sulphate by identifying its various sub-segments.
- To share detailed information about the key factors manipulating the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
- To analyze the report with respect to individual growth trends, future prospects, and their contribution to the total market.
- To analyze modest developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Scope of The Barium Sulphate Market Report:
- The report analyses Barium Sulphate by Type Segment.
- The report assesses the Barium Sulphate by End User.
- The Global Barium Sulphate has been analyzed by Region.
- The key insights of the report have been presented through the frameworks of SWOT and Market Attractiveness charts.
- The attractiveness of the market has been presented by Region, Type and by End User. Additionally, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
- The report provides a detailed pipeline analysis developed to cure the problem of Barium Sulphate.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
-To take advantage of business owners, tap hard at Barium Sulphate research to get a thorough understanding of current momentum.
- The report presents the analysis of Barium Sulphate for the historical period of 2016-2021 and the forecast period of 2022-2029.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Customizable: The Global Barium Sulphate Market
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