Market Overview:
The global bismuth hydroxide 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 bismuth hydroxide from various applications such as processing and manufacturing, chemical, medical and other applications. Bismuth hydroxide is used as a precursor for various chemicals and alloys that are used in different industries. It is also used as an additive in food products and pharmaceuticals.
Product Definition:
Bismuth hydroxide is an inorganic compound with the formula Bi(OH)3. It occurs as a mineral, bismite.
This white solid dissolves in acids to give the corresponding soluble bismuthates. In organic solvents, it exists as a coordination complex with tetrahedral BO4 units.
Bismuth hydroxide has no commercial applications, but it is used in research on biochemistry and materials science.
Purity 99.99%- 99.999%:
Purity 99.99%- 99.999% is also known as Purity Level Above 99%, it's a term used for very high purity materials and refers to the purity level of base metal or alloys in which every trace of impurities has been removed, passed through a series of filtration systems with no leaching out,.
Purity 99.9%-99.99%:
Purity 99.9%-99.99% is a type of Pharmaceutical-grade Bismuth Hydroxide that has been processed in such a way that it meets the demands and requirements for purity, accuracy, and quality of any pharmaceutical product or drug.
Application Insights:
The processing and manufacturing application segment led the global market in 2017. This is attributed to rising demand from various industries including automotive, construction, and pharmaceuticals. The product is widely used in cold-working processes owing to its high ductility property as compared to other metals. It can be easily machined due to these properties which makes it a preferred material for manufacturing complex parts with high precision.
Bismuth hydroxide has several applications in chemical industry such as catalyst support, deoxidizer, leaching agent and many more where it acts as an additive or a replacement of antimony oxide or lead dioxide among others due to its superior characteristics over other additives available in the market place at present time. These applications are projected to drive growth over the forecast period thereby contributing towards revenue growth during the study period of 2018 ¢â‚¬â€œ 2030.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for processing and manufacturing bismuth products from various end-use industries such as automotive, aerospace, electronics, textile and pharmaceuticals. China is one of the largest producers of bismuth in this region due to easy availability of raw materials at low cost coupled with high mineral reserves across several parts of China including Ningxia Hui Autonomous Region and Gansu Province.
In terms of volume consumption, Asia Pacific was followed by Europe which accounted for a share valued at 23%. The European Union (EU) has stringent regulations on quality standards associated with hydroxide minerals owing to their use in nuclear power generation as well as military applications thereby driving industry growth across this region over the forecast period.
Growth Factors:
- Increasing demand from various end-use industries such as paints & coatings, pigments, cosmetics and pharmaceuticals.
- Growing awareness about the benefits of using bismuth hydroxide in various applications.
- Rising investments by leading players in R&D to develop new and innovative products.
- Technological advancements that have led to the development of better quality bismuth hydroxide products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bismuth Hydroxide Market Research Report
By Type
Purity 99.99%- 99.999%, Purity 99.9%-99.99%, Purity 99%- 99.9%, Purity Less Than 99%
By Application
Processing and Manufacturing, Chemical, Medical, Other
By Companies
American Elements, Shepherd Chemical, PACIFIC ORGANICS, Omkar Specialty Chemicals, Stanford Advanced Materials, XI'AN FUNCTION MATERIAL, Thermo Fisher Scientific, Spectrum Chemical, Gerhold Chemetals, FORCAST CHEMICALS
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Bismuth Hydroxide Market Report Segments:
The global Bismuth Hydroxide market is segmented on the basis of:
Types
Purity 99.99%- 99.999%, Purity 99.9%-99.99%, Purity 99%- 99.9%, Purity Less Than 99%
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
Processing and Manufacturing, Chemical, Medical, Other
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:
- American Elements
- Shepherd Chemical
- PACIFIC ORGANICS
- Omkar Specialty Chemicals
- Stanford Advanced Materials
- XI'AN FUNCTION MATERIAL
- Thermo Fisher Scientific
- Spectrum Chemical
- Gerhold Chemetals
- FORCAST CHEMICALS
Highlights of The Bismuth Hydroxide 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:
- Purity 99.99%- 99.999%
- Purity 99.9%-99.99%
- Purity 99%- 99.9%
- Purity Less Than 99%
- By Application:
- Processing and Manufacturing
- Chemical
- Medical
- Other
- 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 Bismuth Hydroxide 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
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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?
Bismuth Hydroxide is a white, crystalline compound with the chemical formula Bi2O3. It is a strong base and has many uses in industry, including as an additive to plastics and other materials.
Some of the major companies in the bismuth hydroxide market are American Elements, Shepherd Chemical, PACIFIC ORGANICS, Omkar Specialty Chemicals, Stanford Advanced Materials, XI'AN FUNCTION MATERIAL, Thermo Fisher Scientific, Spectrum Chemical, Gerhold Chemetals, FORCAST CHEMICALS.
The bismuth hydroxide 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 Bismuth Hydroxide 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 Bismuth Hydroxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bismuth Hydroxide 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 Bismuth Hydroxide 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 Bismuth Hydroxide Market Size & Forecast, 2020-2028
4.5.1 Bismuth Hydroxide Market Size and Y-o-Y Growth
4.5.2 Bismuth Hydroxide 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 Purity 99.99%- 99.999%
5.2.2 Purity 99.9%-99.99%
5.2.3 Purity 99%- 99.9%
5.2.4 Purity Less Than 99%
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 Processing and Manufacturing
6.2.2 Chemical
6.2.3 Medical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bismuth Hydroxide 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 Bismuth Hydroxide 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 Purity 99.99%- 99.999%
9.6.2 Purity 99.9%-99.99%
9.6.3 Purity 99%- 99.9%
9.6.4 Purity Less Than 99%
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 Processing and Manufacturing
9.10.2 Chemical
9.10.3 Medical
9.10.4 Other
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 Purity 99.99%- 99.999%
10.6.2 Purity 99.9%-99.99%
10.6.3 Purity 99%- 99.9%
10.6.4 Purity Less Than 99%
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 Processing and Manufacturing
10.10.2 Chemical
10.10.3 Medical
10.10.4 Other
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 Purity 99.99%- 99.999%
11.6.2 Purity 99.9%-99.99%
11.6.3 Purity 99%- 99.9%
11.6.4 Purity Less Than 99%
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 Processing and Manufacturing
11.10.2 Chemical
11.10.3 Medical
11.10.4 Other
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 Purity 99.99%- 99.999%
12.6.2 Purity 99.9%-99.99%
12.6.3 Purity 99%- 99.9%
12.6.4 Purity Less Than 99%
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 Processing and Manufacturing
12.10.2 Chemical
12.10.3 Medical
12.10.4 Other
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 Purity 99.99%- 99.999%
13.6.2 Purity 99.9%-99.99%
13.6.3 Purity 99%- 99.9%
13.6.4 Purity Less Than 99%
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 Processing and Manufacturing
13.10.2 Chemical
13.10.3 Medical
13.10.4 Other
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 Bismuth Hydroxide Market: Competitive Dashboard
14.2 Global Bismuth Hydroxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Shepherd Chemical
14.3.3 PACIFIC ORGANICS
14.3.4 Omkar Specialty Chemicals
14.3.5 Stanford Advanced Materials
14.3.6 XI'AN FUNCTION MATERIAL
14.3.7 Thermo Fisher Scientific
14.3.8 Spectrum Chemical
14.3.9 Gerhold Chemetals
14.3.10 FORCAST CHEMICALS
