Market Overview:
The global barium borate (BBO) market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for harmonic generation, optical parametric oscillator (OPO), and optical parametric amplifier (OPA) applications. In terms of type, the thin crystals segment is expected to register a higher CAGR as compared to the thick crystals segment during the forecast period. However, in terms of revenue share, the thick crystals segment is expected to dominate the global barium borate (BBO) market during 2018-2030.
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Product Definition:
A synthetic crystalline material, barium borate (BBO) is used as a nonlinear optical crystal in lasers and other optical devices. It has a wide transparency range and can be tuned to emit light at different wavelengths.
Thin Crystals (
Thick Crystals (>3mm):
Thick crystals are larger than average crystals, which can be seen with the naked eye. They have a higher surface area and therefore they react faster with other substances. The thickness of the crystal is an important factor that affects its optical properties such as birefringence and double refraction.
Application Insights:
The application segment includes Harmonic Generation (HG), Oscillators, Amplifiers and other applications. The HG segment dominated the global barium borate market in 2017 owing to its rising demand from various end-use industries such as aerospace, defense and medical. Optical parametric oscillator (OPO) application is projected to witness significant growth over the forecast period due to increasing demand for high-performance optical devices in communication and military & aerospace applications.
The product finds extensive use in optical Parametric Oscillators (OPOs) which are used for generating extremely short pulses of light that are precisely controlled both temporally and frequency wise. It is also used as a Frequency Modulated Converter (FMC) which converts an electrical signal into a radiofrequency signal with modulated frequency variations that can be transmitted through wireless channels.
Regional Analysis:
Asia Pacific dominated the global barium borate market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as electronics, medical devices, solar energy, etc. Furthermore, rising investments by major players for manufacturing products using barium borate are anticipated to drive industry expansion over the coming years.
The Asia Pacific regional market is also characterized by a large number of manufacturers that cater to emerging markets across countries such as China and India with low labor costs and high production volumes. These factors have contributed significantly toward industry expansion in recent years; however, high product price fluctuations may hinder further growth during the forecast period.
North America accounted for a significant share of global revenue owing to technological advancements coupled with increased spending on defense research & development activities in U.S., which has led toward an increase in demand for harmonic generation applications across various military systems including communication systems and radar units among others).
Growth Factors:
- Increasing demand from the optical and electronic industries for Barium Borate as a substrate material for lasers, LEDs, and other optical devices
- Growing popularity of Barium Borate as an additive in glass manufacturing to improve its properties, such as thermal shock resistance and brightness
- Rising demand from the medical industry for Barium Borate-based products used in X-ray imaging and radiation therapy
- Increasing use of Barium Borate in advanced ceramics applications such as armor protection systems and ballistics shields
- Growing research efforts on the potential use of Barium Borate in new applications such as energy storage devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Borate (BBO) Market Research Report
By Type
Thin Crystals (<3mm), Thick Crystals (>3mm)
By Application
Harmonic Generation, Optical Parametric Oscillator (OPO), Optical Parametric Amplifier (OPA), Others
By Companies
Inrad Optics, ALPHALAS, Newlight, Laserand, American Elements, 3photon, EKSMA Optics, Raicol Crystals, Lorad Chemical
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Barium Borate (BBO) Market Report Segments:
The global Barium Borate (BBO) market is segmented on the basis of:
Types
Thin Crystals (<3mm), Thick Crystals (>3mm)
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
Harmonic Generation, Optical Parametric Oscillator (OPO), Optical Parametric Amplifier (OPA), 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:
- Inrad Optics
- ALPHALAS
- Newlight
- Laserand
- American Elements
- 3photon
- EKSMA Optics
- Raicol Crystals
- Lorad Chemical
 Market Overview.svg)
Highlights of The Barium Borate (BBO) 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:
- Thin Crystals (<3mm)
- Thick Crystals (>3mm)
- By Application:
- Harmonic Generation
- Optical Parametric Oscillator (OPO)
- Optical Parametric Amplifier (OPA)
- 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 Borate (BBO) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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 borate is a white, crystalline powder that is used as a soil amendment and in the production of glass. It is also used as an ingredient in fireworks and pyrotechnics.
Some of the key players operating in the barium borate (bbo) market are Inrad Optics, ALPHALAS, Newlight, Laserand, American Elements, 3photon, EKSMA Optics, Raicol Crystals, Lorad Chemical.
The barium borate (bbo) market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barium Borate (BBO) 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 Borate (BBO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barium Borate (BBO) 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 Borate (BBO) 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 Borate (BBO) Market Size & Forecast, 2018-2028
4.5.1 Barium Borate (BBO) Market Size and Y-o-Y Growth
4.5.2 Barium Borate (BBO) Market Absolute $ Opportunity
Chapter 5 Global Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
5.2.1 Thin Crystals (<3mm)
5.2.2 Thick Crystals (>3mm)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Applications
6.2.1 Harmonic Generation
6.2.2 Optical Parametric Oscillator (OPO)
6.2.3 Optical Parametric Amplifier (OPA)
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Borate (BBO) 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 Borate (BBO) 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 Borate (BBO) Analysis and Forecast
9.1 Introduction
9.2 North America Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
9.6.1 Thin Crystals (<3mm)
9.6.2 Thick Crystals (>3mm)
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 Borate (BBO) Market Size Forecast by Applications
9.10.1 Harmonic Generation
9.10.2 Optical Parametric Oscillator (OPO)
9.10.3 Optical Parametric Amplifier (OPA)
9.10.4 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 Borate (BBO) Analysis and Forecast
10.1 Introduction
10.2 Europe Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
10.6.1 Thin Crystals (<3mm)
10.6.2 Thick Crystals (>3mm)
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 Borate (BBO) Market Size Forecast by Applications
10.10.1 Harmonic Generation
10.10.2 Optical Parametric Oscillator (OPO)
10.10.3 Optical Parametric Amplifier (OPA)
10.10.4 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 Borate (BBO) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
11.6.1 Thin Crystals (<3mm)
11.6.2 Thick Crystals (>3mm)
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 Borate (BBO) Market Size Forecast by Applications
11.10.1 Harmonic Generation
11.10.2 Optical Parametric Oscillator (OPO)
11.10.3 Optical Parametric Amplifier (OPA)
11.10.4 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 Borate (BBO) Analysis and Forecast
12.1 Introduction
12.2 Latin America Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
12.6.1 Thin Crystals (<3mm)
12.6.2 Thick Crystals (>3mm)
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 Borate (BBO) Market Size Forecast by Applications
12.10.1 Harmonic Generation
12.10.2 Optical Parametric Oscillator (OPO)
12.10.3 Optical Parametric Amplifier (OPA)
12.10.4 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 Borate (BBO) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Barium Borate (BBO) 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 Borate (BBO) Market Size Forecast by Type
13.6.1 Thin Crystals (<3mm)
13.6.2 Thick Crystals (>3mm)
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 Borate (BBO) Market Size Forecast by Applications
13.10.1 Harmonic Generation
13.10.2 Optical Parametric Oscillator (OPO)
13.10.3 Optical Parametric Amplifier (OPA)
13.10.4 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 Borate (BBO) Market: Competitive Dashboard
14.2 Global Barium Borate (BBO) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inrad Optics
14.3.2 ALPHALAS
14.3.3 Newlight
14.3.4 Laserand
14.3.5 American Elements
14.3.6 3photon
14.3.7 EKSMA Optics
14.3.8 Raicol Crystals
14.3.9 Lorad Chemical
