Market Overview:
The global barium fluoride market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for barium fluoride from various applications, such as chemical industrial, mining & metallurgical, clothing and textile industrial, furniture industrial, military and automobile. In terms of volume, Asia Pacific is expected to lead the global barium fluoride market during the forecast period.
Product Definition:
Barium Fluoride is a white or colorless solid that is used as a flux in metallurgy and as an enamel glaze.
Electronic Grade:
Electronic grade is the product which is used in lithium-ion batteries. It helps to increase the capacity and decrease the self-discharge rate of battery. The growth factor for electronic grade can be attributed to its ability to control impurities, enhance conductivity, and minimize interconnecting bridges between battery cells.
Increasing demand for electric vehicles coupled with growing usage of lithium-ion batteries in consumer electronics such as smartphones & tablets are expected to drive market growth over forecast period.
Industrial Grade:
Industrial grade is used in Barium Fluoride (B2O3) for the production of industrial products such as glass, ceramics, and construction materials. B2O3 has applications in industries such as glass making, ceramics manufacturing and construction owing to its properties such as high thermal conductivity & low heat capacity.
Application Insights:
The chemical industrial application segment accounted for the largest share of over 50.0% in 2017. Barium fluoride is used as a fluorocarbon emulsifier, wetting agent, and de-icing compound in the chemical industry. The electronic grade of barium fluoride is primarily used to manufacture semiconductor components and other related products while the military application segment consumes significant quantities of barium fluoride for various applications such as high explosives training aids and smokeless powder ingredients among others.
The mining & metallurgical application segment was valued over USD 40 million in 2017 owing to rising demand from major mining companies including BHP Billiton, Vale SA, Newmont Mining Corporation among others for its use as an ore dressing aid or solvent extractant during extraction processes at surface or underground levels.
Regional Analysis:
Asia Pacific barium fluoride market is anticipated to grow at the fastest CAGR over the forecast period. The growth of this region can be attributed to increasing chemical and electronic industries in China, India, South Korea, Taiwan and Japan. Moreover, rising demand for barium from nuclear power plant construction activities in countries such as China and India are expected to drive industry growth over the coming years.
North America was one of the largest regional markets for barium fluoride with a revenue share of 22% in 2017 owing to high consumption levels observed in U.S., which is mainly driven by its growing chemical industry coupled with an increase in production levels of pharmaceuticals and fertilizers among others applications that consume large amounts Barium Fluoride (BaF2). However; due to strict regulations regarding fluorides being used as industrial chemicals majorly by Europe & Asia Pacific regions there will be limited penetration opportunities for BB compounds across these regions during the forecast period thus hampering overall growth prospects significantly.
Growth Factors:
- Increasing demand from the optoelectronics and semiconductor industries for barium fluoride as a substrate material for infrared optical windows, laser materials, and other optical applications
- Growing demand from the metallurgical industry for barium fluoride as an additive in steel production to improve machinability and to reduce wear on tools
- Increasing use of barium fluoride in medical imaging applications such as CT scans and PET scans
- Rising demand from the glass-making industry for barium fluoride to produce specialty glasses with enhanced properties such as low thermal expansion, high strength, and high resistance to chemical attack
- Growing popularity of laser-based hair removal treatments that use barium fluoride lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Fluoride Market Research Report
By Type
Electronic Grade, Industrial Grade, Other
By Application
Chemical Industrial, Mining & Metallurgical, Clothing and Textile Industrial, Furniture Industrial, Military, Automobile, Others
By Companies
Solvay, Morita, Honeywell, Dongyue Group, Stella Chemifa, GFS Chemicals, American Elements, Yongda Suzhou Fine Chemical, Crystran, Edmund Optics, All-Chemie, International Crystal Laboratories, Barium & Chemicals, Super Conductor Materials, Wego Chemical & Mineral, Triveni Interchem, Jay Intermediates and Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Barium Fluoride Market Report Segments:
The global Barium Fluoride market is segmented on the basis of:
Types
Electronic Grade, Industrial Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industrial, Mining & Metallurgical, Clothing and Textile Industrial, Furniture Industrial, Military, Automobile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- Morita
- Honeywell
- Dongyue Group
- Stella Chemifa
- GFS Chemicals
- American Elements
- Yongda Suzhou Fine Chemical
- Crystran
- Edmund Optics
- All-Chemie
- International Crystal Laboratories
- Barium & Chemicals
- Super Conductor Materials
- Wego Chemical & Mineral
- Triveni Interchem
- Jay Intermediates and Chemicals
Highlights of The Barium Fluoride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electronic Grade
- Industrial Grade
- Other
- By Application:
- Chemical Industrial
- Mining & Metallurgical
- Clothing and Textile Industrial
- Furniture Industrial
- Military
- Automobile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Barium Fluoride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Barium fluoride is a white, crystalline compound that is used in dental products and as an additive to glass. It has a strong, bitter taste and can cause irritation if it gets into the eyes or mouth.
Some of the major players in the barium fluoride market are Solvay, Morita, Honeywell, Dongyue Group, Stella Chemifa, GFS Chemicals, American Elements, Yongda Suzhou Fine Chemical, Crystran, Edmund Optics, All-Chemie, International Crystal Laboratories, Barium & Chemicals, Super Conductor Materials, Wego Chemical & Mineral, Triveni Interchem, Jay Intermediates and Chemicals.
The barium fluoride market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Barium Fluoride Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Barium Fluoride Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Barium Fluoride Market - Supply Chain
4.5. Global Barium Fluoride Market Forecast
4.5.1. Barium Fluoride Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Barium Fluoride Market Size (000 Units) and Y-o-Y Growth
4.5.3. Barium Fluoride Market Absolute $ Opportunity
5. Global Barium Fluoride Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Barium Fluoride Market Size and Volume Forecast by Type
5.3.1. Electronic Grade
5.3.2. Industrial Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Barium Fluoride Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Barium Fluoride Market Size and Volume Forecast by Application
6.3.1. Chemical Industrial
6.3.2. Mining & Metallurgical
6.3.3. Clothing and Textile Industrial
6.3.4. Furniture Industrial
6.3.5. Military
6.3.6. Automobile
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Barium Fluoride Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Barium Fluoride Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Barium Fluoride Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Barium Fluoride Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Barium Fluoride Demand Share Forecast, 2019-2026
9. North America Barium Fluoride Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Barium Fluoride Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Barium Fluoride Market Size and Volume Forecast by Application
9.4.1. Chemical Industrial
9.4.2. Mining & Metallurgical
9.4.3. Clothing and Textile Industrial
9.4.4. Furniture Industrial
9.4.5. Military
9.4.6. Automobile
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Barium Fluoride Market Size and Volume Forecast by Type
9.7.1. Electronic Grade
9.7.2. Industrial Grade
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Barium Fluoride Demand Share Forecast, 2019-2026
10. Latin America Barium Fluoride Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Barium Fluoride Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Barium Fluoride Market Size and Volume Forecast by Application
10.4.1. Chemical Industrial
10.4.2. Mining & Metallurgical
10.4.3. Clothing and Textile Industrial
10.4.4. Furniture Industrial
10.4.5. Military
10.4.6. Automobile
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Barium Fluoride Market Size and Volume Forecast by Type
10.7.1. Electronic Grade
10.7.2. Industrial Grade
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Barium Fluoride Demand Share Forecast, 2019-2026
11. Europe Barium Fluoride Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Barium Fluoride Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Barium Fluoride Market Size and Volume Forecast by Application
11.4.1. Chemical Industrial
11.4.2. Mining & Metallurgical
11.4.3. Clothing and Textile Industrial
11.4.4. Furniture Industrial
11.4.5. Military
11.4.6. Automobile
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Barium Fluoride Market Size and Volume Forecast by Type
11.7.1. Electronic Grade
11.7.2. Industrial Grade
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Barium Fluoride Demand Share, 2019-2026
12. Asia Pacific Barium Fluoride Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Barium Fluoride Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Barium Fluoride Market Size and Volume Forecast by Application
12.4.1. Chemical Industrial
12.4.2. Mining & Metallurgical
12.4.3. Clothing and Textile Industrial
12.4.4. Furniture Industrial
12.4.5. Military
12.4.6. Automobile
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Barium Fluoride Market Size and Volume Forecast by Type
12.7.1. Electronic Grade
12.7.2. Industrial Grade
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Barium Fluoride Demand Share, 2019-2026
13. Middle East & Africa Barium Fluoride Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Barium Fluoride Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Barium Fluoride Market Size and Volume Forecast by Application
13.4.1. Chemical Industrial
13.4.2. Mining & Metallurgical
13.4.3. Clothing and Textile Industrial
13.4.4. Furniture Industrial
13.4.5. Military
13.4.6. Automobile
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Barium Fluoride Market Size and Volume Forecast by Type
13.7.1. Electronic Grade
13.7.2. Industrial Grade
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Barium Fluoride Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Barium Fluoride Market: Market Share Analysis
14.2. Barium Fluoride Distributors and Customers
14.3. Barium Fluoride Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Solvay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Morita
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dongyue Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stella Chemifa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GFS Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. American Elements
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yongda Suzhou Fine Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crystran
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Edmund Optics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. All-Chemie
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. International Crystal Laboratories
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Barium & Chemicals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Super Conductor Materials
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wego Chemical & Mineral
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Triveni Interchem
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jay Intermediates and Chemicals
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
