The global Barium market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 2.7% throughout the estimate period from 2020 to 2027.
Research labs and other end users are raising the demand for barium titanate. Hence, companies in the barium market are increasing their production capabilities to meet end user demands. For instance, MSE Supplies LLC - a scientific supplier of high-quality crystal substrates, is increasing its efforts to strengthen its supply chain for barium titanate across the U.S. to encourage advancements in research fields such as photovoltaics, material science, and energy storage.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Barium market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Barium market growth.
Barium sulfate deposits have been a common problem in oil field and gas production operations. It has been found that these scales of barium sulfate interfere with fluid flow, resulting in equipment replacement and thus, causing production losses and increased expenditures for oil & gas companies. Hence, companies in the barium market are innovating in products that help in removing and breaking down barium sulfate scales. For instance, FQE Chemicals - a chemical innovator based in Texas, is promoting its products FQE Barium-Clear, which is effective in completely dissolving barium sulfate scales.
The global Barium market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
• Major manufacturers operating in the barium market include -
o The Solvay S.A.
o Honeywell International Inc.
o Nippon Chemical Industrial Co., Ltd.,
o Merck KGaA.
• These players have considerable presence across the globe.
• Other tier-2 players operating in the market are -
o PVS Chemicals
o Divjyot Chemicals Private Limited
o Santa Cruz Biotechnology, Inc.
o IBC Limited
o PENTA s.r.o.
o China NaFine Group International Co., Ltd
o Shandong Xinke Environmental Chemistry Co., Ltd.
o P K CHLOROCHEM PVT. LTD.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Barium Market, by Type & its Application
• Barium Carbonate
o Glass & Ceramics
o Brick & Tiles
o Chemical Intermediates
o Others
• Barium Sulfate
o Oil & Gas Drilling
o Paints & Colorants
o Chemical Intermediates
o Others
• Barium Nitrate
o Fireworks/Pyrotechnics
o Glass & Ceramics
o Others
• Barium Hydroxide
o Chemical Intermediates
o Food
o Glass & Ceramics
o Others
• Others (Barium Acetate, Barium Bromide, Barium Titanate, Barium Chloride, etc.)
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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