Data Bridge Market Research analyses that the barium carbonate market will witness a CAGR of 7.23% for the forecast period of 2021-2028. Increase in the demand for barium carbonate for a wide range of applications such as specialty glass, chemical compounds, bricks and tiles, glazes, electro- ceramic materials and frits and enamels, growth in the investment in exploration and production of unconventional resources and surge in industrialization in the developing countries are the major factors attributable to the growth of the barium carbonate market.
Barium carbonate, whose chemical formula is BaCO3, is a compound that is obtained out of barium as raw material. Barium is a highly reactive material and is a prominent source of barium derivatives such as barium chloride. Barium carbonates helps in increasing the refractive index and lustre of glass. Barium carbonate is water-insoluble in nature and can be also used for the removal of efflorescence from tiles.
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The major players covered in the barium carbonate market report are Ashland, Mitsubishi Chemical Corporation, Honeywell International Inc., SHAANXI ANKANG JIANGHUA GROUP CO., LTD., Chemical Products Corporation, Dow, Akzo Nobel N.V., Lonza, BASF SE, American Elements, Barium & Chemicals, Inc, China Nafine Group International Co., Ltd, Cimbar Performance Minerals, Inc, Merck KGaA, Nippon Chemical Industrial CO., LTD, SAKAI CHEMICAL INDUSTRY CO., LTD, Shandong Xinke Environmental Chemistry Co., Ltd and Solvay among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Barium Carbonate Market Scope and Market Size:
The barium carbonate market is segmented on the basis of product, form and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the barium carbonate market is segmented into crystal type and powder type.
- On the basis of form, the barium carbonate market is segmented into granular, powder, ultra-fine and others.
- On the basis of application, the barium carbonate market is segmented into specialty glass, chemical compounds, bricks and tiles, glazes, electro- ceramic materials and frits and enamels.
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Global Barium Carbonate Market Country Level Analysis:
Global barium carbonate market is analysed and market size, volume information is provided by country, product, form and application as referenced above.
The countries covered in the barium carbonate market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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