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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.
Scope of the Report:
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.
The worldwide market for Barium Sulfate is expected to grow at a CAGR of roughly 4.7% over the next five years, will reach 620 million US$ in 2024, from 490 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Barium Sulfate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- 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
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Precipitated Barium Sulfate (D50>0.5µm)
- Ultra - fine Precipitated Barium Sulfate (D50=0.5µm)
Market Segment by Applications, can be divided into
- Paints & Coating Industry
- Plastic Industry
- Rubber Industry
- Ink Industry
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Barium Sulfate product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Barium Sulfate, with price, sales, revenue and global market share of Barium Sulfate in 2017 and 2018.
Chapter 3, the Barium Sulfate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Barium Sulfate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Barium Sulfate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Barium Sulfate sales channel, distributors, customers, research findings and conclusion, appendix and data source.