Press release
Barium Carbonate Market Research Report 2023
Global Barium Carbonate MarketThe global Barium Carbonate market was valued at US$ 353.4 million in 2022 and is anticipated to reach US$ 447.8 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Barium carbonate, also known as witherite, is a chemical compound used in rat poison, bricks, ceramic glazes and cement. Barium carbonate has high demand from glass industry and gives luster and increase the refractive index of the glass.
The increasing demand for Barium carbonate drives the Barium Carbonate Market. Barium carbonate is majorly used for manufacturing and glazing ceramic tiles since it acts as a crystallizing and matting agent which combines with specific colouring oxides to synthesise unique colours.
A surge in the construction activities in the developing regions and the increasing use of tiles have influenced the Barium Carbonate Market growth.Barium carbonate increases the refractive index and lustre of glass which makes it suitable for use in the glass industry. Apart from this, it is also used in the production of cathode ray tubes, optical glass, glass filters and borosilicate glass.
Other factors such as increasing government expenditure on infrastructural activities, growing population, inflating disposable incomes and rising preference for a luxury lifestyle are bolstering the barium carbonate market growth across the world.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Barium Carbonate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Barium Carbonate.
The Barium Carbonate market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Barium Carbonate market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Barium Carbonate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
Solvay
American Elements
Santa Cruz Biotechnology
Chemical Products Corporation
IBC Limited
Maruti Chemicals Company
Rahul Barium Chemicals
Segment by Type
(2N) 99% Barium Carbonate
(3N) 99.9% Barium Carbonate
(4N) 99.99% Barium Carbonate
(5N) 99.999% Barium Carbonate
Segment by Application
Ceramic Glass
Tiles
Bricks and Clay
Barium Ferrite
Others
Production by Region
North America
Europe
China
Japan
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https://reports.valuates.com/market-reports/QYRE-Auto-31H8437/global-barium-derivative
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https://reports.valuates.com/market-reports/QYRE-Auto-37F13746/global-industrial-barium-carbonate
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https://reports.valuates.com/market-reports/QYRE-Auto-15K14050/global-high-purity-barium-carbonate-for-mlcc
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