Market Overview:
The global barium acetate 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 acetate in various applications such as home appliances, package, and others. In addition, the growing demand for barium acetate from emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent environmental regulations are restraining the growth of this market. On the basis of type, 99% barium acetate accounted for a major share of the global barium acetate market in 2017. This segment is projected to grow at a CAGR of 5.4% during 2018-2030 owing to its high purity and superior performance properties over other types available in the market. On account on application, home appliances held a dominant share in 2017 and is projected witness highest CAGR during 2018-2030 owing rising demand across developed & developing countries alike.
Product Definition:
A white, crystalline powder with a slightly bitter taste. It is used as an emetic and cathartic.
99% Barium Acetate:
99% Barium Acetate is a colorless salt that dissolves in water. It is produced by the reaction of barium carbonate and acetic acid. The chemical formula for 99% Barium Acetate is Ba(C2H3)2.5Ac2O8H2O and it has a molecular weight of 172.32 grams per molecule.
99.9% Barium Acetate:
99.9% Barium Acetate is a chemical compound used in the production of barium salts such as Ba(OH)2, BaO, and so on. It is also used as an additive for polymers to enhance their properties such as heat resistance and strength.
Application Insights:
The home appliances segment accounted for the largest market share in 2016 and is projected to witness significant growth over the forecast period. This can be attributed to increasing use of barium acetate in manufacturing refrigerators, microwave ovens, cookware, glass cleaner and air fresheners among other home appliances.
Home remodeling projects are also driving demand for barium acetate as it is used extensively in paints and coatings industry for testing purposes. The paint stores information about its ingredients by forming a film on various substrates such as wood, metal etc., which provides an indication about the quality of coatings present on these surfaces. Testing samples using this chemical helps determine if there are any problems with application or finish that may indicate underlying defects or issues with a structure¢â‚¬â„¢s integrity or long-term durability.
Regional Analysis:
Asia Pacific barium acetate market is anticipated to grow at the highest CAGR over the forecast period. The growth of barium acetate industry in Asia Pacific can be attributed to rapid industrialization and growing demand for packaged food & beverages, electronics, and other home appliances. China led the global market owing to high production as well as consumption rates of barium in this country. In 2016, China produced nearly 9 kilotons of barium while consuming nearly 7 kilotons thus making it a net exporter globally.
North America accounted for a significant share in terms of volume consumed followed by Europe on account of growing environmental concerns regarding waste disposal coupled with stringent government regulations pertaining safety norms associated with hazardous materials has resulted into slowdowns or halts in manufacturing operations which are expected to negatively impact industry growth over next few years.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and plastics is expected to drive the growth of the barium acetate market during the forecast period.
- Rising awareness about the benefits of barium acetate in various end-use applications is projected to fuel its demand in the near future.
- Growing investments by key players in research and development activities for new product launches is likely to propel the growth of this market over the next few years.
- The increasing use of barium acetate as a flame retardant additive is anticipated to create lucrative opportunities for this market in forthcoming years. 5) Stringent environmental regulations regarding VOC emissions are projected to boost adoption of barium acetate globally, thereby propelling its growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Acetate Market Research Report
By Type
99% Barium Acetate, 99.9% Barium Acetate, 99.99% Barium Acetate, Others
By Application
Home Appliances, Package, Others
By Companies
Acros Organics, Acadechem, THE BioTek, MolPort, VWR International, AK Scientific,Inc., MuseChem, Fisher Chemical, Angene Chemical, VladaChem, Acros Organics, WuXi AppTec Company, AKos Consulting & Solutions, Finetech Industry Limited, BOC Sciences, Achemica, Strem Chemicals,Inc.
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Barium Acetate Market Report Segments:
The global Barium Acetate market is segmented on the basis of:
Types
99% Barium Acetate, 99.9% Barium Acetate, 99.99% Barium Acetate, Others
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
Home Appliances, Package, 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:
- Acros Organics
- Acadechem
- THE BioTek
- MolPort
- VWR International
- AK Scientific,Inc.
- MuseChem
- Fisher Chemical
- Angene Chemical
- VladaChem
- Acros Organics
- WuXi AppTec Company
- AKos Consulting & Solutions
- Finetech Industry Limited
- BOC Sciences
- Achemica
- Strem Chemicals,Inc.
Highlights of The Barium Acetate 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:
- 99% Barium Acetate
- 99.9% Barium Acetate
- 99.99% Barium Acetate
- Others
- By Application:
- Home Appliances
- Package
- 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 Acetate 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 acetate is a white, crystalline powder that is used as a laxative. It works by removing excess water and fecal matter from the body.
Some of the key players operating in the barium acetate market are Acros Organics, Acadechem, THE BioTek, MolPort, VWR International, AK Scientific,Inc., MuseChem, Fisher Chemical, Angene Chemical, VladaChem, Acros Organics, WuXi AppTec Company, AKos Consulting & Solutions, Finetech Industry Limited, BOC Sciences, Achemica, Strem Chemicals,Inc..
The barium acetate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barium Acetate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Barium Acetate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Barium Acetate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Barium Acetate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Barium Acetate Market Size & Forecast, 2018-2028 4.5.1 Barium Acetate Market Size and Y-o-Y Growth 4.5.2 Barium Acetate Market Absolute $ Opportunity
Chapter 5 Global Barium Acetate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Barium Acetate Market Size Forecast by Type
5.2.1 99% Barium Acetate
5.2.2 99.9% Barium Acetate
5.2.3 99.99% Barium Acetate
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Barium Acetate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Barium Acetate Market Size Forecast by Applications
6.2.1 Home Appliances
6.2.2 Package
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Acetate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Barium Acetate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Barium Acetate Analysis and Forecast
9.1 Introduction
9.2 North America Barium Acetate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Barium Acetate Market Size Forecast by Type
9.6.1 99% Barium Acetate
9.6.2 99.9% Barium Acetate
9.6.3 99.99% Barium Acetate
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Barium Acetate Market Size Forecast by Applications
9.10.1 Home Appliances
9.10.2 Package
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Barium Acetate Analysis and Forecast
10.1 Introduction
10.2 Europe Barium Acetate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Barium Acetate Market Size Forecast by Type
10.6.1 99% Barium Acetate
10.6.2 99.9% Barium Acetate
10.6.3 99.99% Barium Acetate
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Barium Acetate Market Size Forecast by Applications
10.10.1 Home Appliances
10.10.2 Package
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Barium Acetate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Barium Acetate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Barium Acetate Market Size Forecast by Type
11.6.1 99% Barium Acetate
11.6.2 99.9% Barium Acetate
11.6.3 99.99% Barium Acetate
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Barium Acetate Market Size Forecast by Applications
11.10.1 Home Appliances
11.10.2 Package
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Barium Acetate Analysis and Forecast
12.1 Introduction
12.2 Latin America Barium Acetate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Barium Acetate Market Size Forecast by Type
12.6.1 99% Barium Acetate
12.6.2 99.9% Barium Acetate
12.6.3 99.99% Barium Acetate
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Barium Acetate Market Size Forecast by Applications
12.10.1 Home Appliances
12.10.2 Package
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Barium Acetate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Barium Acetate Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Barium Acetate Market Size Forecast by Type
13.6.1 99% Barium Acetate
13.6.2 99.9% Barium Acetate
13.6.3 99.99% Barium Acetate
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Barium Acetate Market Size Forecast by Applications
13.10.1 Home Appliances
13.10.2 Package
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Barium Acetate Market: Competitive Dashboard
14.2 Global Barium Acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acros Organics
14.3.2 Acadechem
14.3.3 THE BioTek
14.3.4 MolPort
14.3.5 VWR International
14.3.6 AK Scientific,Inc.
14.3.7 MuseChem
14.3.8 Fisher Chemical
14.3.9 Angene Chemical
14.3.10 VladaChem
14.3.11 Acros Organics
14.3.12 WuXi AppTec Company
14.3.13 AKos Consulting & Solutions
14.3.14 Finetech Industry Limited
14.3.15 BOC Sciences
14.3.16 Achemica
14.3.17 Strem Chemicals,Inc.