Market Overview:
The global barium titanate 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 titanate in various applications such as PTC thermistors, electronic ceramics, reinforcement of composite and others. In addition, the growing demand for barium titanate from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A white, powdery inorganic compound made of barium, titanium, and oxygen. It is used as a ceramic material with high electrical resistance and ferroelectric properties.
Solid Phase Method:
The solid-phase method is used for the separation of components in a complex mixture. The technique involves evaporating the liquid phase and then condensing it to form a solid phase. This process can be carried out under various conditions such as accelerated, continuous, batch or semi-batch methods.
The advantages of this technique are that there is no loss of compounds during drying and that all volatile compounds are captured in the final product.
Wet Chemical Method:
The wet chemical method is used to extract and purify barium titanate from the ore. It involves dissolving the ore in acid, extracting the barium sulfide, and then neutralizing with lime or sodium carbonate. The resulting solution is washed with water to remove any remaining acid and solid residue is filtered through a cloth filter. The final product obtained after filtration can be treated further using a series of processes such as evaporating, crystallization, etc.
Application Insights:
The other applications segment includes the use of barium titanate in paints and coatings, adhesives and sealants, foundry sand-based products, glass ceramics manufacturing as well as for water treatment. The demand for barium titanate from these applications is expected to witness growth at a CAGR of XX% over the forecast period owing to its high corrosion resistance which makes it suitable in industrial environments where there is exposure to acids or bases.
PTC thermistor application segment accounted for more than 35% share of global revenue in 2017 on account of its properties such as low thermal conductivity & high electrical resistivity which make it ideal component for use in temperature sensors & RTD probes. It has excellent resistance against acid solutions making it an ideal material when used with PTFE (Teflon).
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region dominates barium titanate demand owing to growing automotive production, construction, electrical & electronics industry. China is projected to remain a key consumer as well as producer of barium titanate due to presence of large deposits of barite and yellow-barite.
The market in North America was valued at USD X million in 2017 and is anticipated to grow at a moderate pace over the forecast period owing to end-use industries are shifting towards advanced ceramics products with better performance characteristics than conventional ones. Moreover, stringent government regulations regarding pollution emission standards are expected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand from the electronics industry for barium titanate as a dielectric material in capacitors and other electronic components.
- Growing demand for barium titanate nanoparticles in optical coatings, sensors, and other applications requiring high surface area materials.
- Rising use of barium titanate in energy storage devices such as ultracapacitors and lithium-ion batteries.
- Increasing popularity of piezoelectric materials for vibration control, acoustic wave sensing, and energy harvesting applications.
- Growing interest in using barium titanate to fabricate transparent electrodes for solar cells and LED lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Titanate Market Research Report
By Type
Solid Phase Method, Wet Chemical Method, Others
By Application
PTC Thermistor, Electronic Ceramics, Reinforcement of Composite, Other Applications
By Companies
Sakai Chemical, Nippon Chemical, Fuji Titanium, Japan Kyoritsu Ceramic, Toho Titanium, Ferro, Shandong Sinocera, Guangdong Fenghua
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Barium Titanate Market Report Segments:
The global Barium Titanate market is segmented on the basis of:
Types
Solid Phase Method, Wet Chemical Method, 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
PTC Thermistor, Electronic Ceramics, Reinforcement of Composite, Other Applications
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:
- Sakai Chemical
- Nippon Chemical
- Fuji Titanium
- Japan Kyoritsu Ceramic
- Toho Titanium
- Ferro
- Shandong Sinocera
- Guangdong Fenghua
Highlights of The Barium Titanate 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:
- Solid Phase Method
- Wet Chemical Method
- Others
- By Application:
- PTC Thermistor
- Electronic Ceramics
- Reinforcement of Composite
- Other Applications
- 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 Titanate 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
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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 titanate is a type of barium-based ceramic that is used in a variety of applications, including aerospace and defense. It has high strength and thermal stability, making it an ideal material for use in devices that require high levels of durability.
Some of the key players operating in the barium titanate market are Sakai Chemical, Nippon Chemical, Fuji Titanium, Japan Kyoritsu Ceramic, Toho Titanium, Ferro, Shandong Sinocera, Guangdong Fenghua.
The barium titanate 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 Titanate 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 Titanate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barium Titanate 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 Titanate 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 Titanate Market Size & Forecast, 2020-2028
4.5.1 Barium Titanate Market Size and Y-o-Y Growth
4.5.2 Barium Titanate 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 Solid Phase Method
5.2.2 Wet Chemical Method
5.2.3 Others
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 PTC Thermistor
6.2.2 Electronic Ceramics
6.2.3 Reinforcement of Composite
6.2.4 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Titanate 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 Titanate 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 Solid Phase Method
9.6.2 Wet Chemical Method
9.6.3 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 Market Size Forecast by Applications
9.10.1 PTC Thermistor
9.10.2 Electronic Ceramics
9.10.3 Reinforcement of Composite
9.10.4 Other Applications
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 Solid Phase Method
10.6.2 Wet Chemical Method
10.6.3 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 Market Size Forecast by Applications
10.10.1 PTC Thermistor
10.10.2 Electronic Ceramics
10.10.3 Reinforcement of Composite
10.10.4 Other Applications
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 Solid Phase Method
11.6.2 Wet Chemical Method
11.6.3 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 Market Size Forecast by Applications
11.10.1 PTC Thermistor
11.10.2 Electronic Ceramics
11.10.3 Reinforcement of Composite
11.10.4 Other Applications
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 Solid Phase Method
12.6.2 Wet Chemical Method
12.6.3 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 Market Size Forecast by Applications
12.10.1 PTC Thermistor
12.10.2 Electronic Ceramics
12.10.3 Reinforcement of Composite
12.10.4 Other Applications
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 Solid Phase Method
13.6.2 Wet Chemical Method
13.6.3 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) Market Size Forecast by Applications
13.10.1 PTC Thermistor
13.10.2 Electronic Ceramics
13.10.3 Reinforcement of Composite
13.10.4 Other Applications
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 Titanate Market: Competitive Dashboard
14.2 Global Barium Titanate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sakai Chemical
14.3.2 Nippon Chemical
14.3.3 Fuji Titanium
14.3.4 Japan Kyoritsu Ceramic
14.3.5 Toho Titanium
14.3.6 Ferro
14.3.7 Shandong Sinocera
14.3.8 Guangdong Fenghua
