Market Overview:
The global precipitated barium sulfate 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 precipitated barium sulfate from various end-use industries, such as coating, rubber, and plastic. In terms of volume, the Asia Pacific region is expected to lead the global precipitated barium sulfate market during the forecast period.
Product Definition:
Precipitated barium sulfate is a white, odorless powder that is insoluble in water. It is used as a contrast medium for x-rays and other medical imaging procedures.
Ordinary Precipitated Barium Sulfate:
Ordinary precipitated barium sulfate is a white crystalline compound, which is soluble in water and ethanol. It has a slight odor. It's produced by the reaction of sulfuric acid and barium hydroxide in presence of calcium carbonate or calcium sulfate as an external catalyst at room temperature.
Modified Barium Sulfate:
Modified Barium Sulfate (MBS) is a white crystalline compound, which is soluble in water and ethanol. It has a molecular weight of 132.46 and pKw of 7.4 at 25°C.
Application Insights:
The coating industry led the global precipitated barium sulfate market in 2017. Precipitated barium sulfates are used as a thickener and rheology modifier in water-based coatings. The product is also used as an extender and hardener for oil-based coatings. Precipitated barium sulfate based coatings offer high resistance to chemicals, heat, and sunlight which makes them suitable for outdoor applications on buildings or industrial equipment where durability is required.
Rubber application segment is anticipated to witness significant growth over the forecast period owing to its rising use in tires coupled with steady growth of automotive production across regions including Asia Pacific, North America, and Europe.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in the region. The construction industry in Asia Pacific has witnessed significant growth over the past few years on account of rising demand for residential and commercial buildings, which will drive product demand over the forecast period.
The coatings industry is one of the prominent sectors contributing towards economic growth through job creation and business expansion within emerging economies such as China, India, Indonesia, Vietnam among others. Increasing investments by domestic companies coupled with favorable government regulations are expected to boost consumption levels over next eight years thereby supporting regional market development during forecast period.
Growth Factors:
- Increasing demand from the paints and coatings industry as a pigment for white paint
- Rising demand for Precipitated Barium Sulfate in the rubber industry as a filler material
- Growing use of Precipitated Barium Sulfate in the plastics industry as an additive
- Increasing application of Precipitated Barium Sulfate in detergents and other cleaning products
- Rising demand from medical sector for use in X-ray imaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Precipitated Barium Sulfate Market Research Report
By Type
Ordinary Precipitated Barium Sulfate, Modified Barium Sulfate, Nanometer Precipitated Barium Sulfate, Others
By Application
Coating Industry, Rubber, Plastic Industry, Others
By Companies
Cimbar, Huntsman, Solvay, Barium & Chemicals, Jiaxin Chem, Sakai Chem, Fuhua Chem, NaFine, Xinji Chemical, Nippon Chemical Industry, Lianzhuang Technology, Onmillion Nano Material, Redstar
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Precipitated Barium Sulfate Market Report Segments:
The global Precipitated Barium Sulfate market is segmented on the basis of:
Types
Ordinary Precipitated Barium Sulfate, Modified Barium Sulfate, Nanometer Precipitated Barium Sulfate, 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
Coating Industry, Rubber, Plastic Industry, 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:
- Cimbar
- Huntsman
- Solvay
- Barium & Chemicals
- Jiaxin Chem
- Sakai Chem
- Fuhua Chem
- NaFine
- Xinji Chemical
- Nippon Chemical Industry
- Lianzhuang Technology
- Onmillion Nano Material
- Redstar
Highlights of The Precipitated Barium Sulfate 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:
- Ordinary Precipitated Barium Sulfate
- Modified Barium Sulfate
- Nanometer Precipitated Barium Sulfate
- Others
- By Application:
- Coating Industry
- Rubber
- Plastic Industry
- 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 Precipitated Barium Sulfate 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?
Precipitated barium sulfate is a white or light yellow powder that is made from the precipitation of barium hydroxide. Precipitated barium sulfate can be used in various industrial applications, such as in the production of fertilizers and paints.
Some of the major players in the precipitated barium sulfate market are Cimbar, Huntsman, Solvay, Barium & Chemicals, Jiaxin Chem, Sakai Chem, Fuhua Chem, NaFine, Xinji Chemical, Nippon Chemical Industry, Lianzhuang Technology, Onmillion Nano Material, Redstar.
The precipitated barium sulfate 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 Precipitated Barium Sulfate 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 Precipitated Barium Sulfate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Precipitated Barium Sulfate 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 Precipitated Barium Sulfate 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 Precipitated Barium Sulfate Market Size & Forecast, 2020-2028 4.5.1 Precipitated Barium Sulfate Market Size and Y-o-Y Growth 4.5.2 Precipitated Barium Sulfate 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 Ordinary Precipitated Barium Sulfate
5.2.2 Modified Barium Sulfate
5.2.3 Nanometer Precipitated Barium Sulfate
5.2.4 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 Coating Industry
6.2.2 Rubber
6.2.3 Plastic Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precipitated Barium Sulfate 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 Precipitated Barium Sulfate 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 Ordinary Precipitated Barium Sulfate
9.6.2 Modified Barium Sulfate
9.6.3 Nanometer Precipitated Barium Sulfate
9.6.4 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 Coating Industry
9.10.2 Rubber
9.10.3 Plastic Industry
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 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 Ordinary Precipitated Barium Sulfate
10.6.2 Modified Barium Sulfate
10.6.3 Nanometer Precipitated Barium Sulfate
10.6.4 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 Coating Industry
10.10.2 Rubber
10.10.3 Plastic Industry
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 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 Ordinary Precipitated Barium Sulfate
11.6.2 Modified Barium Sulfate
11.6.3 Nanometer Precipitated Barium Sulfate
11.6.4 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 Coating Industry
11.10.2 Rubber
11.10.3 Plastic Industry
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 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 Ordinary Precipitated Barium Sulfate
12.6.2 Modified Barium Sulfate
12.6.3 Nanometer Precipitated Barium Sulfate
12.6.4 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 Coating Industry
12.10.2 Rubber
12.10.3 Plastic Industry
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) 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 Ordinary Precipitated Barium Sulfate
13.6.2 Modified Barium Sulfate
13.6.3 Nanometer Precipitated Barium Sulfate
13.6.4 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 Coating Industry
13.10.2 Rubber
13.10.3 Plastic Industry
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 Precipitated Barium Sulfate Market: Competitive Dashboard
14.2 Global Precipitated Barium Sulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cimbar
14.3.2 Huntsman
14.3.3 Solvay
14.3.4 Barium & Chemicals
14.3.5 Jiaxin Chem
14.3.6 Sakai Chem
14.3.7 Fuhua Chem
14.3.8 NaFine
14.3.9 Xinji Chemical
14.3.10 Nippon Chemical Industry
14.3.11 Lianzhuang Technology
14.3.12 Onmillion Nano Material
14.3.13 Redstar