Global Barium Nitrate Market Size, Share, Development, Growth and Demand Forecast to 2022

  • ID: 4085098
  • Report
  • Region: Global
  • 65 pages
  • P&S Market Research
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Global barium nitrate market is driven by the growing demand from the fireworks/pyrotechnics industry along with their increasing use in military applications across the globe. Barium Nitrate are majorly used in firecrackers to produce green flares, tracer bullets, detonators, glass/ceramics along with other industries such as chemicals, vacuum tube and primers. The growing demand for ceramics powder used for the manufacture of superconductor devices, semiconductor devices and passive electronic components such as capacitors has further boosted the global barium nitrate market. Expanding glass industry is also driving the demand for the barium nitrate products.

The term "barium nitrate" describes the salts of barium and nitrate ions, and are colorless crystals having a melting point of 592 degree Celsius. It is soluble in water and exists as a white solid. Barium nitrate occurs naturally as rare mineral nitro-barite. Its properties make it appropriate for use in several military applications, including incendiary ammunition and thermite grenades. Other applications of barium nitrate include production of green signal lights, production of barium oxide and removal of gases from vacuum tubes. One of the main characteristics of barium nitrate is easy decomposition as well as its characteristic green flame. Since barium nitrate helps in improving homogeneity and opacity, it serves as an important nutrient for manufacturing optical glasses. Other benefits of barium nitrate include its usage as an oxidizing agent during the manufacturing of glass. Being a good oxidizer prevents crystallization of glass, hence, leading to better output and productivity.

Barium nitrate is used as a pyrotechnic colorant compound, which causes a flame to burn with a particular color. Barium nitrate is used to produce green colors in fireworks. It is also used in tracer bullets that allow the shooter to trace the trajectory of a bullet with naked eye. Use of fireworks is seasonal and mostly arises in festival seasons. However, the trend of celebrations with firecrackers on New Year or the start of any big event across the globe surges the demand for firecrackers. This in turn, has boosted the demand for barium nitrate from fireworks/pyrotechnics industry across the globe.

The global barium nitrate market was valued at $2,368.3 million in 2015, and it is expected to grow at a CAGR of 5.51% during 2016 - 2022. Stable demand from the fireworks/pyrotechnics for the generic barium nitrate products is one of the growth drivers for the barium nitrate market. Besides fireworks/pyrotechnics, military areas are emerging as one of the major end users of the barium nitrate products. With majority of the countries expanding their military process, leading to increasing investment, the demand for barium nitrate products is expected to experience significant growth. The effect of this driver is more in regions such as North America and Asia-Pacific, and Middle-East. During the forecast period, even more investments are expected, presenting tremendous opportunities for the barium nitrate manufacturers.

Asia-Pacific is expected to account for the highest consumption of barium nitrate in 2022, with China being the fastest growing market followed by India on account of the increasing demand from fireworks/pyrotechnics segment. Electronic industry in China also accelerated the consumption of barium nitrate in the country. These factors are expected to boost barium nitrate market in Asia-Pacific during the forecast period.

Some of the major companies operating in the global barium nitrate market include Angene International Limited, Basstech International Llc, Hebei Xinji Chemical Group Co Ltd, Hummel Croton Inc., Jiaocheng Sanxi Chemical Co., Ltd., Sakai Chemical Industry Co. Ltd., SNDB, Solvay, Tennants Distribution Ltd, and Xilan Chemicals Co. Ltd.
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1. Research Scope And Methodology
1.1 Market Definition
1.2 Research Scope
1.2.1 Market Breakdown By End-User
1.2.2 Market Breakdown By Geography
1.3 Research Methodology And Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Value Chain Analysis
3.3 Trends In The Barium Nitrate Market
3.3.1 Stable Demand From The Fireworks/Pyrotechnics For The Generic Barium Nitrate Products
3.4 Factors Driving The Growth Of Market And Its Impact On Market Forecast
3.4.1 Expanding Glass And Ceramic Industry Boosting The Demand Of Barium Nitrate Products
3.4.2 Growing Applications In Military Areas
3.4.3 Impact Analysis Of Drivers On Market Forecast
3.5 Factors Hindering The Growth Of Market And Its Impact On Market Forecast
3.5.1 Exposure To Water Bodies And Other Aquatic Environments Can Lead To Toxicity Issues
3.5.2 Impact Analysis Of Restraints On Market Forecast

4. Global Barium Nitrate Market Size And Forecast (2012 - 2022)
4.1 Global Barium Nitrate Market, By End-User
4.1.1 Fireworks/Pyrotechnics
4.1.2 Glass/Ceramics
4.1.3 Others
4.2 Global Barium Nitrate Market, By Region

5. Global Barium Nitrate Market, By Geography
5.1 North America Barium Nitrate Market
5.1.1 North America Barium Nitrate Market, By Country
5.1.2 North America Barium Nitrate Market, By End-User
5.2 Europe Barium Nitrate Market
5.2.1 Europe Barium Nitrate Market, By Country
5.2.2 Europe Barium Nitrate Market, By End-User
5.3 Asia-Pacific Barium Nitrate Market
5.3.1 Asia-Pacific Barium Nitrate Market, By Country
5.3.2 Asia-Pacific Barium Nitrate Market, By End-User
5.4 Row Barium Nitrate Market
5.4.1 Row Barium Nitrate Market, By Country
5.4.2 Row Barium Nitrate Market, By End-User

6. Porter's Five Forces Analysis
6.1 Porter's Five Forces Of Competitive Position Analysis
6.1.1 Bargaining Power Of Buyers
6.1.2 Bargaining Power Of Suppliers
6.1.3 Threat Of New Entrants
6.1.4 Intensity Of Rivalry
6.1.5 Threat Of Substitutes

7. Company Profiles And Strategic Developments
7.1 Key Company Profiles
7.1.1 Angene International Limited
7.1.1.1 Business Overview
7.1.1.2 Product And Service Offerings
7.1.2 Basstech International Llc
7.1.2.1 Business Overview
7.1.2.2 Product And Service Offerings
7.1.3 Hebei Xinji Chemical Group Co Ltd
7.1.3.1 Business Overview
7.1.3.2 Product And Service Offerings
7.1.4 Hummel Croton Inc.
7.1.4.1 Business Overview
7.1.4.2 Product And Service Offerings
7.1.5 Jiaocheng Sanxi Chemical Co., Ltd.
7.1.5.1 Business Overview
7.1.5.2 Product And Service Offerings
7.1.6 Sakai Chemical Industry Co. Ltd.
7.1.6.1 Business Overview
7.1.6.2 Product And Service Offerings
7.1.7 Sndb
7.1.7.1 Business Overview
7.1.7.2 Product And Service Offerings
7.1.8 Solvay
7.1.8.1 Business Overview
7.1.8.2 Product And Service Offerings
7.1.9 Tennants Distribution Ltd
7.1.9.1 Business Overview
7.1.9.2 Product And Service Offerings
7.1.10 Xilan Chemicals Co. Ltd
7.1.10.1 Business Overview
7.1.10.2 Product And Service Offerings

List Of Tables
Table 1 Global Barium Nitrate Market Snapshot
Table 2 Drivers For The Market: Impact Analysis
Table 3 Restraints For The Market: Impact Analysis
Table 4 Global Barium Nitrate Market, By End-User, Kt (2012 - 2015)
Table 5 Global Barium Nitrate Market, By End-User, Kt (2016 - 2022)
Table 6 Global Barium Nitrate Market, By End-User, $M (2012 - 2015)
Table 7 Global Barium Nitrate Market, By End-User, $M (2016 - 2022)
Table 8 Global Barium Nitrate Market, By Region, Kt (2012 - 2015)
Table 9 Global Barium Nitrate Market, By Region, Kt (2016 - 2022)
Table 10 Global Barium Nitrate Market, By Region, $M (2012 - 2015)
Table 11 Global Barium Nitrate Market, By Region, $M (2016 - 2022)
Table 12 North America Barium Nitrate Market Size (2012 - 2015)
Table 13 North America Barium Nitrate Market Size (2016 - 2022)
Table 14 North America Barium Nitrate Market, By Country, Kt (2012 - 2015)
Table 15 North America Barium Nitrate Market, By Country, Kt (2016 - 2022)
Table 16 North America Barium Nitrate Market, By Country, $M (2012 - 2015)
Table 17 North America Barium Nitrate Market, By Country, $M (2016 - 2022)
Table 18 North America Barium Nitrate Market, By End-User, Kt (2012 - 2015)
Table 19 North America Barium Nitrate Market, By End-User, Kt (2016 - 2022)
Table 20 North America Barium Nitrate Market, By End-User, $M (2012 - 2015)
Table 21 North America Barium Nitrate Market, By End-User, $M (2016 - 2022)
Table 22 Europe Barium Nitrate Market Size (2012 - 2015)
Table 23 Europe Barium Nitrate Market Size (2016 - 2022)
Table 24 Europe Barium Nitrate Market, By Country, Kt (2012 - 2015)
Table 25 Europe Barium Nitrate Market, By Country, Kt (2016 - 2022)
Table 26 Europe Barium Nitrate Market, By Country, $M (2012 - 2015)
Table 27 Europe Barium Nitrate Market, By Country, $M (2016 - 2022)
Table 28 Europe Barium Nitrate Market, By End-User, Kt (2012 - 2015)
Table 29 Europe Barium Nitrate Market, By End-User, Kt (2016 - 2022)
Table 30 Europe Barium Nitrate Market, By End-User, $M (2012 - 2015)
Table 31 Europe Barium Nitrate Market, By End-User, $M (2016 - 2022)
Table 32 Asia-Pacific Barium Nitrate Market Size (2012 - 2015)
Table 33 Asia-Pacific Barium Nitrate Market Size (2016 - 2022)
Table 34 Asia-Pacific Barium Nitrate Market, By Country, Kt (2012 - 2015)
Table 35 Asia-Pacific Barium Nitrate Market, By Country, Kt (2016 - 2022)
Table 36 Asia-Pacific Barium Nitrate Market, By Country, $M (2012 - 2015)
Table 37 Asia-Pacific Barium Nitrate Market, By Country, $M (2016 - 2022)
Table 38 Asia-Pacific Barium Nitrate Market, By End-User, Kt (2012 - 2015)
Table 39 Asia-Pacific Barium Nitrate Market, By End-User, Kt (2016 - 2022)
Table 40 Asia-Pacific Barium Nitrate Market, By End-User, $M (2012 - 2015)
Table 41 Asia-Pacific Barium Nitrate Market, By End-User, $M (2016 - 2022)
Table 42 Row Barium Nitrate Market Size (2012 - 2015)
Table 43 Row Barium Nitrate Market Size (2016 - 2022)
Table 44 Row Barium Nitrate Market, By Country, Kt (2012 - 2015)
Table 45 Row Barium Nitrate Market, By Country, Kt (2016 - 2022)
Table 46 Row Barium Nitrate Market, By Country, $M (2012 - 2015)
Table 47 Row Barium Nitrate Market, By Country, $M (2016 - 2022)
Table 48 Row Barium Nitrate Market, By End-User, Kt (2012 - 2015)
Table 49 Row Barium Nitrate Market, By End-User, Kt (2016 - 2022)
Table 50 Row Barium Nitrate Market, By End-User, $M (2012 - 2015)
Table 51 Row Barium Nitrate Market, By End-User, $M (2016 - 2022)

List Of Figures
Fig 1 Research Scope For Global Barium Nitrate Market
Fig 2 Research Methodology For Global Barium Nitrate Market
Fig 3 Global Barium Nitrate Market, Kt (2012-2022)
Fig 4 Global Barium Nitrate Market, $M (2012-2022)
Fig 5 Value Chain Analysis Of Global Barium Nitrate Market
Fig 6 Global Barium Nitrate Market, By End-User, Kt (2012 - 2022)
Fig 7 Global Fireworks/Pyrotechnics Barium Nitrate Market (2012 - 2022)
Fig 8 Global Glass/Ceramics Barium Nitrate Market (2012 - 2022)
Fig 9 Global Others End-User Barium Nitrate Market (2012 - 2022)
Fig 10 Global Barium Nitrate Market, By Region, Kt (2012 - 2022)
Fig 11 Worldwide Major Markets For Barium Nitrate (2022)
Fig 12 North America Barium Nitrate Market (2012 - 2022)
Fig 13 North America Barium Nitrate Market Split, Based On Volume, By Country (2015 And 2022)
Fig 14 Europe Barium Nitrate Market (2012 - 2022)
Fig 15 Europe Barium Nitrate Market Split, Based On Volume, By Country (2015 And 2022)
Fig 16 Asia-Pacific Barium Nitrate Market (2012 - 2022)
Fig 17 Asia-Pacific Barium Nitrate Market Split, Based On Volume, By Country (2015 And 2022)
Fig 18 Row Barium Nitrate Market (2012 - 2022)
Fig 19 Row Barium Nitrate Market Split, Based On Volume, By Country (2015 And 2022)
Fig 20 Porter's Five Forces Of Competitive Position Analysis
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