Market Overview:
The global barium chlorate market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for barium chlorate from various end-use industries, such as automobile industry, industrial manufacturing and others. Barium chlorate is used as an oxidizing agent in various chemical processes and also finds application in the manufacture of explosives and fireworks. Additionally, growing environmental concerns are expected to fuel the demand for barium chlorate over the forecast period. However, availability of substitutes may hamper the market growth during the forecast period. Based on type, colorless crystal segment is projected to account for a major share of global barium chlorate market during 2018-2030 owing to its widespread use in various end-use industries across different regions globally.
Product Definition:
A white, crystalline compound, BaCl2O6, used as an oxidizing agent in the manufacture of explosives and fireworks.
Colorless Crystal:
Crystal is a solid form of an element, which contains no color and has no taste or odor. It's transparent property allows it to be used in windows, bottles, etc. The most common example of crystal is water; its purest form has no color and can be used for any purpose.
The chemical formula for crystal is (A)2B(C)3N4O2 where A represents the family-owned group consisting of alkali metals.
White Powder:
White powder is a fine, dry, crystalline powder that is used as an ingredient in the production of barium chlorate. It has a wide range of applications such as it can be used for the manufacturing of fireworks and mining explosives or even in matches. The white powder form displays higher purity than any other product available in the market which makes it suitable to be used for industrial purposes.
The major raw materials required to manufacture white powders include boric acid.
Application Insights:
The global barium chlorate market is segmented on the basis of application into automobile industry, industrial manufacturing, and others. In terms of revenue, the automobile industry dominated the market with a share of over 40% in 2017. The growth can be attributed to increasing production volumes for passenger vehicles across developing countries such as China and India. Moreover, stringent government regulations regarding air pollution control are expected to drive demand further over the forecast period.
Industrial manufacturing was estimated as one of the largest applications for barium chlorate in 2017 owing to its wide scope in chemical processing industries worldwide since it is used extensively as a catalyst material during numerous processes including hydrolysis & oxidation reactions that occur frequently during industrial manufacturing activities. It has also been observed that this product acts as an effective de-icing agent when applied at appropriate temperatures which helps reduce road accidents caused by ice formation on roads during winters globally due to its anticyclonic nature i.e.
Regional Analysis:
Asia Pacific barium chlorate market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for barium chlorate in China and India on account of rapid industrialization, growth of end-use industries, and expansion of automobile production in these countries. In addition, growing chemical manufacturing industry due to rising domestic consumption will drive product demand over the forecast period.
Europe accounted for a volume share of 23.1% in 2017 owing to high product utilization across several applications such as paints & coatings, rubber products manufacturing along with other diversified sectors such as glass & ceramics and pharmaceuticals which are anticipated propel market growth over the forecast period. The region is also home for major automobile manufacturers including Volkswagen Group; BMW AG; Daimler AG; Ford Motor Company Ltd.; Fiat Chrysler Automobiles N.V.; Ferrari SPA; Jaguar Land Rover Limited; Nissan Motor Corporation etc.
Growth Factors:
- Increasing demand from the fireworks and pyrotechnics industry as a result of growing population and disposable income.
- Rising demand for Barium Chlorate in the pharmaceuticals industry as a precursor to barium sulfate, which is used in X-ray imaging.
- Growing use of Barium Chlorate in the manufacturing of ceramic glazes and enamels owing to its superior properties such as brightness, color intensity, and resistance to fading over time.
- Increasing application scope of Barium Chlorate in water treatment plants due to its high oxidation potential that helps remove pollutants from water bodies effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Chlorate Market Research Report
By Type
Colorless Crystal, White Powder
By Application
Automobile Industry, Industrial Manufacturing, Others
By Companies
Greenpharma, Parchem, MuseChem, AK Scientific,Inc., Angene International Limited, Pfaltz&Bauer,Inc., SKC Inc., Hubei Jusheng Technology Co.,Ltd., Greenpharma
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Barium Chlorate Market Report Segments:
The global Barium Chlorate market is segmented on the basis of:
Types
Colorless Crystal, White Powder
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
Automobile Industry, Industrial Manufacturing, 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:
- Greenpharma
- Parchem
- MuseChem
- AK Scientific,Inc.
- Angene International Limited
- Pfaltz&Bauer,Inc.
- SKC Inc.
- Hubei Jusheng Technology Co.,Ltd.
- Greenpharma
Highlights of The Barium Chlorate 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:
- Colorless Crystal
- White Powder
- By Application:
- Automobile Industry
- Industrial Manufacturing
- 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 Chlorate 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 chlorate is a white, crystalline powder that is used as an oxidizer in explosives and fireworks. It can also be used in chemical synthesis.
Some of the major players in the barium chlorate market are Greenpharma, Parchem, MuseChem, AK Scientific,Inc., Angene International Limited, Pfaltz&Bauer,Inc., SKC Inc., Hubei Jusheng Technology Co.,Ltd., Greenpharma.
The barium chlorate 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 Chlorate 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 Chlorate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barium Chlorate 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 Chlorate 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 Chlorate Market Size & Forecast, 2018-2028
4.5.1 Barium Chlorate Market Size and Y-o-Y Growth
4.5.2 Barium Chlorate Market Absolute $ Opportunity
Chapter 5 Global Barium Chlorate 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 Chlorate Market Size Forecast by Type
5.2.1 Colorless Crystal
5.2.2 White Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Barium Chlorate 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 Chlorate Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Industrial Manufacturing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Chlorate 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 Chlorate 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 Chlorate Analysis and Forecast
9.1 Introduction
9.2 North America Barium Chlorate 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 Chlorate Market Size Forecast by Type
9.6.1 Colorless Crystal
9.6.2 White Powder
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 Chlorate Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Industrial Manufacturing
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 Chlorate Analysis and Forecast
10.1 Introduction
10.2 Europe Barium Chlorate 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 Chlorate Market Size Forecast by Type
10.6.1 Colorless Crystal
10.6.2 White Powder
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 Chlorate Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Industrial Manufacturing
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 Chlorate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Barium Chlorate 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 Chlorate Market Size Forecast by Type
11.6.1 Colorless Crystal
11.6.2 White Powder
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 Chlorate Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Industrial Manufacturing
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 Chlorate Analysis and Forecast
12.1 Introduction
12.2 Latin America Barium Chlorate 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 Chlorate Market Size Forecast by Type
12.6.1 Colorless Crystal
12.6.2 White Powder
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 Chlorate Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Industrial Manufacturing
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 Chlorate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Barium Chlorate 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 Chlorate Market Size Forecast by Type
13.6.1 Colorless Crystal
13.6.2 White Powder
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 Chlorate Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Industrial Manufacturing
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 Chlorate Market: Competitive Dashboard
14.2 Global Barium Chlorate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Greenpharma
14.3.2 Parchem
14.3.3 MuseChem
14.3.4 AK Scientific,Inc.
14.3.5 Angene International Limited
14.3.6 Pfaltz&Bauer,Inc.
14.3.7 SKC Inc.
14.3.8 Hubei Jusheng Technology Co.,Ltd.
14.3.9 Greenpharma
