Market Overview:
The global barium ferrite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for barium ferrite from various end-use industries, such as material science and engineering. In terms of volume, the global barium ferrite market is projected to reach 1,811 kilotons by 2030. In terms of type, the global barium ferrite market can be segmented into powder and lumpy. The powder segment is expected to account for a larger share in terms of volume in the global barium ferrite market during the forecast period. This can be attributed to its high demand from various end-use industries owing to its superior properties compared with other types of barium ferrites available in the market. In terms of application, the global barium ferrite market can be divided into material science and engineering segments.
Product Definition:
A ferrite is a ceramic material that is composed of iron oxide and one or more additional metallic elements. Barium ferrite is a type of ferrite that contains barium in place of some or all of the iron. It has a low coercivity, which makes it suitable for use in recording media such as magnetic tapes and disks.
Powder:
Powder is a ferromagnetic material that can be used as an alloying agent in alloys. It has the ability to take on several forms such as powder metal, powders of iron and steel, and powdered ceramic materials. Powder is widely used in industries such as metallurgy, ceramics manufacturing, pharmaceuticals & chemicals owing to its properties including high corrosion resistance; magnetic permeability; electrical resistivity; thermal conductivity & heat capacity along with chemical reactivity.
Lumpy:
Lumpy is a type of ceramic material that has an irregular shape and is composed of silica. Lumps are used in barium ferrite for the production of magnetic ceramics. Barium ferrite contains iron, silicon, carbon along with some other elements which makes it magnetic. It can be used as permanent magnets or electromagnets depending upon its composition and properties.
Application Insights:
The material science application segment led the global barium ferrite market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of barium ferrite in various applications, such as magnetic storage tapes and recording media, electric motors, hard disk drives, and lasers.
Engineering was the second-largest application segment accounting for a share of 33.3% in 2017 owing to rising demand from automotive industry for magnetic materials with high strength and low weight properties required for manufacturing components using lightweight alloys. In addition, growing preference for electric vehicles is expected to augment demand over the coming years as most of them use magnets that produce electricity by moving against each other through an electrical current generated by solar panels on board cars or trucks roofs or windows).
Regional Analysis:
Asia Pacific barium ferrite market is expected to grow at the highest CAGR over the forecast period. The growth of this region can be attributed to rapid industrialization and increasing foreign investments in China, India, and Japan. In addition, rising disposable income coupled with a growing population will drive demand for consumer electronics products such as mobile phones and laptops thereby driving industry growth.
The European market was valued at USD X million in 2017 owing to high consumption of barium ferrite powder used for refining crude oil & gas along with its applications in chemical processing units across various industries including petrochemicals, oil & gas exploration activities etc., which are anticipated to drive industry expansion over the coming years.
Growth Factors:
- Increasing demand from electronics industry for Barium Ferrite magnets for various applications such as sensors, motors, and loudspeakers.
- Growing popularity of Barium Ferrite nanoparticles in biomedical field for diagnosis and treatment of cancer and other diseases.
- Rising demand from energy sector for Barium Ferrite cores in alternators and transformers.
- Increasing use of Barium Ferrite powder in manufacturing advanced ceramics products used in automotive, aerospace, and defense industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Ferrite Market Research Report
By Type
Powder, Lumpy
By Application
Material Science, Engineering
By Companies
Beijing FutureCeed Biotechnology, AKos GmbH, Greenhparma SAS, ABCR GmbH, Smolecule Inc., BOC Sciences, Sigma-Aldrich, Alfa Chemistry
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Barium Ferrite Market Report Segments:
The global Barium Ferrite market is segmented on the basis of:
Types
Powder, Lumpy
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
Material Science, Engineering
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:
- Beijing FutureCeed Biotechnology
- AKos GmbH
- Greenhparma SAS
- ABCR GmbH
- Smolecule Inc.
- BOC Sciences
- Sigma-Aldrich
- Alfa Chemistry
Highlights of The Barium Ferrite 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:
- Powder
- Lumpy
- By Application:
- Material Science
- Engineering
- 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 Ferrite 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
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 ferrite is a type of ceramic material that is used in electrical and electronic equipment. It has a high resistance to heat and corrosion, making it an ideal material for use in devices that are subjected to extreme conditions.
Some of the major companies in the barium ferrite market are Beijing FutureCeed Biotechnology, AKos GmbH, Greenhparma SAS, ABCR GmbH, Smolecule Inc., BOC Sciences, Sigma-Aldrich, Alfa Chemistry.
The barium ferrite 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 Ferrite 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 Ferrite Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barium Ferrite 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 Ferrite 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 Ferrite Market Size & Forecast, 2020-2028
4.5.1 Barium Ferrite Market Size and Y-o-Y Growth
4.5.2 Barium Ferrite Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Lumpy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Material Science
6.2.2 Engineering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Ferrite 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 Ferrite 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Powder
9.6.2 Lumpy
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 Market Size Forecast by Applications
9.10.1 Material Science
9.10.2 Engineering
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Powder
10.6.2 Lumpy
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 Market Size Forecast by Applications
10.10.1 Material Science
10.10.2 Engineering
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Powder
11.6.2 Lumpy
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 Market Size Forecast by Applications
11.10.1 Material Science
11.10.2 Engineering
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Powder
12.6.2 Lumpy
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 Market Size Forecast by Applications
12.10.1 Material Science
12.10.2 Engineering
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Lumpy
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) Market Size Forecast by Applications
13.10.1 Material Science
13.10.2 Engineering
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 Ferrite Market: Competitive Dashboard
14.2 Global Barium Ferrite Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beijing FutureCeed Biotechnology
14.3.2 AKos GmbH
14.3.3 Greenhparma SAS
14.3.4 ABCR GmbH
14.3.5 Smolecule Inc.
14.3.6 BOC Sciences
14.3.7 Sigma-Aldrich
14.3.8 Alfa Chemistry
