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Barium Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 112 Pages
  • January 2022
  • Region: Global
  • IMARC Group
  • ID: 5530461
The global barium carbonate market reached a value of US$ 577.9 Million in 2021. Looking forward, the publisher expects the market to reach US$872.2 Million by 2027, exhibiting a CAGR of 6.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor



Barium carbonate (BaCO3) is a white solid sourced from the precipitation of barium hydroxide and urea. It is also obtained from mineral barite or barium chloride. Barium carbonate is water-insoluble, tasteless, odorless, dense and extremely toxic in nature. It is utilized in the production of various commercial products, which include rubber, paints, enamels, ceramics, oil drilling, glass, and bricks. Specialty glass made using barium carbonate provides radiation shielding in CRT televisions. It is also used in making bricks, clays, photographic paper coatings, hard ferrite magnets, permanent ceramic magnets for loudspeakers and in the removal of sulphate from salt brines before they are fed into electrolytic cells. Besides this, the high toxicity of barium carbonate makes it an ideal solution in the formulation of rodenticides

Barium Carbonate Market Trends:

Rapid expansion in the construction and real estate industries is primarily driving the global barium carbonate market toward growth. Besides this, governments of various nations have been focusing on infrastructural development, which is escalating the demand for bricks and ceramic tiles. The market growth is further supported by significantly increasing urbanization and disposable incomes, particularly in developing countries, which has led to the inflating sales of premium-quality decorative items, such as vases, glass paintings, and ceramic figurines. Moreover, the electro-ceramics industry has been witnessing significant growth, wherein barium carbonate is utilized in the production of several components, such as piezoelectric transducers, electromechanical devices, sensors, and optical modulators. Furthermore, the implementation of stringent regulations to control environmental degradation caused by the industrial sector has prompted key players to adopt eco-friendly processes for producing barium carbonate, such as using methane as the reducing agent, which is creating a positive outlook for the market

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global barium carbonate market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on end use

Breakup by End Use:

Glass
Brick and Clay
Barium Ferrites
Photographic Paper Coatings
  • Others

At present, barium carbonate is most widely used in glass production across the globe

Regional Insights:

  • China
  • Japan
  • Latin America
  • Middle East and Africa
  • Europe
  • Others

At the regional level, China exhibits a clear dominance in the market, accounting for majority of the total global market

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players. Some of these players include Solvay S.A., Chemical Products Corporation, Hubei Jingshan Chutian Barium Salt Corporation Ltd., Guizhou Red Star Development Import and Export Co. Ltd., Sakai Chemical Industry Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Shhanxi Ankang Jianghua Group Co. Ltd., Zaozhuang City Yongli Chemical Co., Ltd., etc

Key Question Answered in this Report

1. What was the size of the global barium carbonate market in 2021?
2. What is the expected growth rate of the global barium carbonate market during 2022-2027?
3. What are the key factors driving the global barium carbonate market?
4. What has been the impact of COVID-19 on the global barium carbonate market?
5. What is the breakup of the global barium carbonate market based on the end-use?
6. What are the key regions in the global barium carbonate market?
7. Who are the key players/companies in the global barium carbonate market?
Frequently Asked Questions about the Global Barium Carbonate Market

What is the estimated value of the Global Barium Carbonate Market?

The Global Barium Carbonate Market was estimated to be valued at $577.9 Million in 2021.

What is the growth rate of the Global Barium Carbonate Market?

The growth rate of the Global Barium Carbonate Market is 7.1%, with an estimated value of $872.2 Million by 2027.

What is the forecasted size of the Global Barium Carbonate Market?

The Global Barium Carbonate Market is estimated to be worth $872.2 Million by 2027.

Who are the key companies in the Global Barium Carbonate Market?

Key companies in the Global Barium Carbonate Market include Solvay S.A., Chemical Products Corporation, Hubei Jingshan Chutian Barium Salt Corporation Ltd., Guizhou Red Star Development Import, Export Co. Ltd., Sakai Chemical Industry Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Shhanxi Ankang Jianghua Group Co. Ltd. and Zaozhuang City Yongli Chemical Co. Ltd..

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Physical and Chemical Properties
4.3 Key Industry Trends
5 Global Barium Carbonate Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Trends
5.5 Market Breakup by Region
5.6 Market Breakup by End-Use
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Raw Material Procurement
5.9.2 Manufacturing
5.9.3 Marketing
5.9.4 Distribution
5.9.5 Exports
5.9.6 End-Use
5.10 Porter’s Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Trade Data
5.11.1 Imports
5.11.2 Exports
5.12 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 China
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Japan
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Latin America
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Middle East and Africa
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Europe
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market by End-Use
7.1 Glass
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Brick and Clay
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Barium Ferrites
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Photographic Paper Coatings
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
9 Barium Carbonate Manufacturing Process
9.1 Product Overview
9.2 Chemical Reactions Involved
9.3 Manufacturing Process
9.4 Detailed Process Flow
9.5 Raw Material Requirements
9.6 Mass Balance and Feedstock Conversion Rates
10 Barium Carbonate Feedstock Market Analysis
10.1 Barite
10.1.1 Market Performance
10.1.1.1 Volume Trends
10.1.1.2 Value Trends
10.1.2 Price Trends
10.1.3 Market Breakup by Region
10.1.4 Market Breakup by End-Use
10.1.5 Key Suppliers
10.2 Pet Coke
10.2.1 Market Performance
10.2.1.1 Volume Trends
10.2.1.2 Value Trends
10.2.2 Price Trends
10.2.3 Market Breakup by Region
10.2.4 Market Breakup by End-Use
10.2.5 Key Suppliers
10.3 Sodium Carbonate
10.3.1 Market Performance
10.3.1.1 Volume Trends
10.3.1.2 Value Trends
10.3.2 Price Trends
10.3.3 Market Breakup by Region
10.3.4 Market Breakup by End-Use
10.3.5 Key Suppliers
11 Key Player Profiles
List of Figures
Figure 1: Global: Barium Carbonate Market: Major Drivers and Challenges
Figure 2: Global: Barium Carbonate Market: Production Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: Global: Barium Carbonate Market: Production Value Trends (in Million US$), 2016-2021
Figure 4: Global: Barium Carbonate Market: Average Price Trends (in US$/Ton), 2016-2021
Figure 5: Global: Barium Carbonate Market: Breakup by Region (in %), 2021
Figure 6: Global: Barium Carbonate Market: Breakup by End-Use (in %), 2021
Figure 7: Global: Barium Carbonate Market Forecast: Production Volume Trends (in ‘000 Tons), 2022-2027
Figure 8: Global: Barium Carbonate Market Forecast: Production Value Trends (in Million US$), 2022-2027
Figure 9: Global: Barium Carbonate Industry: SWOT Analysis
Figure 10: Global: Barium Carbonate Industry: Value Chain Analysis
Figure 11: Global: Barium Carbonate Industry: Porter’s Five Forces Analysis
Figure 12: Global: Barium Carbonate Market: Import Value Breakup by Country (in %)
Figure 13: Japan: Barium Carbonate Market: Import Value Trend (in ‘000 US$)
Figure 14: Global: Barium Carbonate Market: Export Value Breakup by Country (in %)
Figure 15: China: Barium Carbonate Market: Export Value Trend (in ‘000 US$)
Figure 16: China: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 17: China: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 18: Japan: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 19: Japan: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 20: Latin America: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 21: Latin America: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 22: Middle East and Africa: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 23: Middle East and Africa: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 24: Europe: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 25: Europe: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 26: Others: Barium Carbonate Market (in Tons), 2016 & 2021
Figure 27: Others: Barium Carbonate Market Forecast (in Tons), 2022-2027
Figure 28: Global: Barium Carbonate Market: Glass (in Tons), 2016 & 2021
Figure 29: Global: Barium Carbonate Market Forecast: Glass (in Tons), 2022-2027
Figure 30: Global: Barium Carbonate Market: Brick and Clay (in Tons), 2016 & 2021
Figure 31: Global: Barium Carbonate Market Forecast: Brick and Clay (in Tons), 2022-2027
Figure 32: Global: Barium Carbonate Market: Barium Ferrites (in Tons), 2016 & 2021
Figure 33: Global: Barium Carbonate Market Forecast: Barium Ferrites (in Tons), 2022-2027
Figure 34: Global: Barium Carbonate Market: Photographic Paper Coatings (in Tons), 2016 & 2021
Figure 35: Global: Barium Carbonate Market Forecast: Photographic Paper Coatings (in Tons), 2022-2027
Figure 36: Global: Barium Carbonate Market: Other Applications (in Tons), 2016 & 2021
Figure 37: Global: Barium Carbonate Market Forecast: Other Applications (in Tons), 2022-2027
Figure 38: Barium Carbonate Manufacturing: Detailed Process Flow
Figure 39: Barium Carbonate Manufacturing: Conversion Rate of Feedstocks
Figure 40: Global: Barite Market: Production Volume Trends (in Million Tons), 2016-2021
Figure 41: Global: Barite Market: Production Value Trends (in Million US$), 2016-2021
Figure 42: Global: Barite Market Forecast: Production Volume Trends (in Million Tons), 2022-2027
Figure 43: Global: Barite Market Forecast: Production Value Trends (in Million US$), 2022-2027
Figure 44: Global: Barite Market: Average Price Trends (in US$/Ton), 2016-2027
Figure 45: Global: Barite Market: Breakup by Region (in %)
Figure 46: Global: Barite Market: Breakup by End-Use (in %)
Figure 47: Global: Barite Market: Breakup by Key Players (in %)
Figure 48: Global: Petcoke Market: Production Volume Trends (in Million Dry Metric Tons), 2016-2021
Figure 49: Global: Petcoke Market: Production Value Trends (in Million US$), 2016-2021
Figure 50: Global: Petcoke Market Forecast: Production Volume Trends (in Million Dry Metric Tons), 2022-2027
Figure 51: Global: Petcoke Market Forecast: Production Value Trends (in Million US$), 2022-2027
Figure 52: Global: Petcoke Market: Average Price Trends (in US$/Ton), 2016-2027
Figure 53: Global: Petcoke Market: Breakup by Region (in %)
Figure 54: Global: Petcoke Market: Breakup by End-Use (in %)
Figure 55: Global: Petcoke Market: Production Capacity Breakup by Key Players (in %)
Figure 56: Global: Sodium Carbonate Market: Production Volume Trends (in Million Tons), 2016-2021
Figure 57: Global: Sodium Carbonate Market: Production Value Trends (in Million US$), 2016-2021
Figure 58: Global: Sodium Carbonate Market Forecast: Production Volume Trends (in Million Tons), 2022-2027
Figure 59: Global: Sodium Carbonate Market Forecast: Production Value Trends (in Million US$), 2022-2027
Figure 60: Global: Sodium Carbonate Market: Average Price Trends (in US$/Ton), 2016-2027
Figure 61: Global: Sodium Carbonate Market: Breakup by Region (in %)
Figure 62: Global: Sodium Carbonate Market: Breakup by End-Use (in %)
Figure 63: Global: Sodium Carbonate Market: Production Capacity Breakup by Key Players (in %)
List of Tables
Table 1: Barium Carbonate: Physical Properties
Table 2: Barium Carbonate: Chemical Properties
Table 3: Global: Barium Carbonate Market: Key Industry Highlights, 2021 and 2027
Table 4: Global: Barium Carbonate Market Forecast: Breakup by Region (in Tons), 2022-2027
Table 5: Global: Barium Carbonate Market Forecast: Breakup by End-Use (in Tons), 2022-2027
Table 6: Global: Barium Carbonate Market: Competitive Structure
Table 7: Global: Barium Carbonate Market: Imports by Major Countries
Table 8: Global: Barium Carbonate Market: Exports by Major Countries
Table 9: Global: Barium Carbonate: List of Major Players
Table 10: Barium Carbonate Manufacturing: Raw Material Requirements
Table 11: Barium Carbonate Manufacturing: Chemical Reactions Involved

Companies Mentioned

  • Solvay S.A.
  • Chemical Products Corporation
  • Hubei Jingshan Chutian Barium Salt Corporation Ltd.
  • Guizhou Red Star Development Import
  • Export Co. Ltd.
  • Sakai Chemical Industry Co. Ltd.
  • Hebei Xinji Chemical Group Co. Ltd.
  • Shhanxi Ankang Jianghua Group Co. Ltd.
  • Zaozhuang City Yongli Chemical Co. Ltd.

Methodology

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