Barium sulfate with the chemical formula BaSO. It is a white crystalline solid that is odorless and. It occurs as the mineral, which is the main commercial source of and materials.
The growth of the market is majorly attributed to the rapid development of the paints and coating industry of household car and electric vehicle, as well as the growing demand from small- and medium-scale enterprises in developing countries.
The China market is expected to grow at the highest CAGR between 2016 and 2022. China is expected to be the next largest consumer of the barium sulfate market. Increase in the industrial growth coupled with the civil constructions in China is expected to boost the consumption of barium Sulfate in Asia Pacific. The growing automobile industry in Asia Pacific is expected to boost the overall demand for paints and coating which in turn is expected to drive the growth of the barium Sulfate market in this region.
Some of the barium sulfate manufactured is consumed as a component of the oil well drilling fluid. Barium Sulfate is mainly used to increase the density of the fluids. Thus, the growing demand for highly purified fluids has boosted the overall growth of the barium sulfate market. Barium sulfate is widely used in the paints and coating industry. Barium Sulfate is widely used as a component for white Plastic Industry that is used in paints industry. Barium sulfate is transparent in nature and thus, it is used as filler or to modify the consistency of the paints. Thus, the growing automobile industry is expected to boost the overall growth of the paints and coatings industry which in turn is expected to boost the global demand for the barium Sulfate market. Growing construction industry is also expected to contribute to augment the overall growth of the barium Sulfate market. Barium Sulfate is widely used as plastic filler during the manufacturing of polypropylene and polystyrene.
Global Barium Sulfate market size will increase to 680 Million US$ by 2025, from 490 Million US$ in 2018, at a CAGR of 4.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Barium Sulfate.
This report researches the worldwide Barium Sulfate market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Barium Sulfate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Shenzhou Jiaxin Chemical
Sachtleben Chemie GmbH
Redstar
Shanxi Fuhua Chem
Long Fu Group
Onmillion Nano Material
Xingtang Xuri Chemical
Hoten
Lianzhuang Technology
Cimbar
Sakai Chem
Solvay
Barium Sulfate Breakdown Data by Type
Precipitated Barium Sulfate (D50>0.5μm)
Ultra - fine Precipitated Barium Sulfate (D50≤0.5μm)
Barium Sulfate Breakdown Data by Application
Paints & Coating Industry
Plastic Industry
Rubber Industry
Ink Industry
Others
Barium Sulfate Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Barium Sulfate Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Barium Sulfate capacity, production, value, consumption, status and forecast;
To focus on the key Barium Sulfate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive 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.
In this study, the years considered to estimate the market size of Barium Sulfate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Barium Sulfate . Industry analysis & Market Report on Barium Sulfate is a syndicated market report, published as Global Barium Sulfate Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Barium Sulfate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.