Market Overview:
The global high purity barium chloride 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 high purity barium chloride from various applications such as electronics, laboratory, and industrial among others. In addition, the growing demand for high purity barium chloride from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing high purity barium chloride may restrain the growth of this market during the forecast period.
Product Definition:
High purity barium chloride is a compound made up of barium and chlorine. It is used in many industrial and medical applications. In the industrial setting, it can be used as a flux for welding or soldering metals together, as a desiccant to remove moisture from air or other gases, and as an additive to drilling fluids to help prevent clogging of the drill bit. In the medical field, it can be injected into the blood stream to help diagnose heart problems.
Purity: 99.5%:
Purity: 99.5%, it's usage.
The global purity of barium chloride is a key parameter affecting its demand in various applications such as water treatment, oil recovery, etc. The product with high purity has better performance than the one with low purity due to which the industry is witnessing rapid development over the past few years.
Purity: 99.9%:
Purity: 99.9% is a chemical compound which consists of one part per million or one thousand nine hundred ninety-ninths of its kind. It has the highest purity level among all the chemicals available in the market today.
Application Insights:
High purity barium chloride is used in a variety of applications including laboratory, industrial, and electronics. The application segments are further divided into two categories that include electrics and others. In 2017, the electrics segment dominated the global market with over 55% share in terms of revenue. This high share is attributable to extensive use as an electrolytic material for refining copper (II) sulfate from its oxides.
Electronics was followed by the laboratory segment which accounted for nearly 44% share in 2017 due to extensive use as a standard reference material (SRM) and chemical reagent by various industries such as semiconductors & electronics, automotive & transportation among others globally since last few decades owing to its purity level 99%.
Regional Analysis:
Asia Pacific was the largest market for high purity barium chloride with a revenue share of over 40% in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries such as electronics, laboratory chemicals and others. China is one of the major producers and exporters of barium chloride in this region. The country exports most products to North America, Europe, South East Asia, and Australia among other regions.
The Middle East & Africa (MEA) market for high purity barium chloride is anticipated to grow at a significant rate during the forecast period due to rising investments by multinational companies in countries such as Saudi Arabia.
Growth Factors:
- Increasing demand from the chemical and pharmaceutical industries for high purity barium chloride as a precursor to other products
- Growing demand for barium chloride in water treatment and other industrial applications
- Rising production of electronic devices, which leads to increased use of barium chloride in semiconductor manufacturing
- Increasing investment in the oil & gas sector, which is expected to lead to increased use of barium chloride as a drilling fluid additive
- Growing awareness about the benefits of using high purity barium chloride in various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Barium Chloride Market Research Report
By Type
Purity: 99.5%, Purity: 99.9%
By Application
Electrics, Laboratory, Industrial, Others
By Companies
Solvay, Nippon Chemical Industrial, Guizhou Redstar Developing, Yichang Huahao New Materials, Shandong Xinke Environmental Chemistry, Solvay
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Barium Chloride Market Report Segments:
The global High Purity Barium Chloride market is segmented on the basis of:
Types
Purity: 99.5%, Purity: 99.9%
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
Electrics, Laboratory, Industrial, 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:
- Solvay
- Nippon Chemical Industrial
- Guizhou Redstar Developing
- Yichang Huahao New Materials
- Shandong Xinke Environmental Chemistry
- Solvay
Highlights of The High Purity Barium Chloride 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: 99.5%
- Purity: 99.9%
- By Application:
- Electrics
- Laboratory
- Industrial
- 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 High Purity Barium Chloride 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?
High purity barium chloride is a white, odorless powder that is used in chemical and pharmaceutical manufacturing. It is also used as an agricultural fertilizer.
Some of the key players operating in the high purity barium chloride market are Solvay, Nippon Chemical Industrial, Guizhou Redstar Developing, Yichang Huahao New Materials, Shandong Xinke Environmental Chemistry, Solvay.
The high purity barium chloride 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 High Purity Barium Chloride 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 High Purity Barium Chloride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Barium Chloride 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 High Purity Barium Chloride 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 High Purity Barium Chloride Market Size & Forecast, 2018-2028
4.5.1 High Purity Barium Chloride Market Size and Y-o-Y Growth
4.5.2 High Purity Barium Chloride Market Absolute $ Opportunity
Chapter 5 Global High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Type
5.2.1 Purity: 99.5%
5.2.2 Purity: 99.9%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Applications
6.2.1 Electrics
6.2.2 Laboratory
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Barium Chloride 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 High Purity Barium Chloride 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 High Purity Barium Chloride Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Type
9.6.1 Purity: 99.5%
9.6.2 Purity: 99.9%
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 High Purity Barium Chloride Market Size Forecast by Applications
9.10.1 Electrics
9.10.2 Laboratory
9.10.3 Industrial
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 High Purity Barium Chloride Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Type
10.6.1 Purity: 99.5%
10.6.2 Purity: 99.9%
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 High Purity Barium Chloride Market Size Forecast by Applications
10.10.1 Electrics
10.10.2 Laboratory
10.10.3 Industrial
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 High Purity Barium Chloride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Type
11.6.1 Purity: 99.5%
11.6.2 Purity: 99.9%
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 High Purity Barium Chloride Market Size Forecast by Applications
11.10.1 Electrics
11.10.2 Laboratory
11.10.3 Industrial
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 High Purity Barium Chloride Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Barium Chloride 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 High Purity Barium Chloride Market Size Forecast by Type
12.6.1 Purity: 99.5%
12.6.2 Purity: 99.9%
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 High Purity Barium Chloride Market Size Forecast by Applications
12.10.1 Electrics
12.10.2 Laboratory
12.10.3 Industrial
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) High Purity Barium Chloride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Barium Chloride 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) High Purity Barium Chloride Market Size Forecast by Type
13.6.1 Purity: 99.5%
13.6.2 Purity: 99.9%
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) High Purity Barium Chloride Market Size Forecast by Applications
13.10.1 Electrics
13.10.2 Laboratory
13.10.3 Industrial
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 High Purity Barium Chloride Market: Competitive Dashboard
14.2 Global High Purity Barium Chloride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvay
14.3.2 Nippon Chemical Industrial
14.3.3 Guizhou Redstar Developing
14.3.4 Yichang Huahao New Materials
14.3.5 Shandong Xinke Environmental Chemistry
14.3.6 Solvay
