Market Overview:
The global high purity barium chloride dihydrate 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 electronic and instrument grade barium chloride dihydrate from various applications, such as electronics, metallurgy, and others. In addition, the growing demand for high purity barium chloride dihydrate in Asia Pacific is also contributing to the growth of this market. However, factors such as stringent environmental regulations and fluctuations in raw material prices are restraining the growth of this market.
Product Definition:
A high purity barium chloride dihydrate is a chemical compound that is used in various industrial and laboratory applications. It has a white color and can be used to produce other compounds.
General Grade:
General grade is the most widely used variety of barium chloride. It has a purity level of 99%. The product is available in both liquid and solid forms. Solid general grade can be obtained in white or colorless crystals, which have a habit like shape and are very soluble in water. On account of its high solubility, it can also be absorbed by organic solvent extraction procedures like ether, ethanol or acetone.
Electronic Grade:
The global electronic grade is the industry term used for pure or highly purified barium chloride. It is a white crystalline solid and has a saline like odor. Electronic grade BaCl2 is 99% pure and has no additives, it also does not contain any impurities that can be removed during purification such as calcium sulfate, iron sulfate or other mineral salts. The chemical formula of electronic grade BaCl2 is (Hg)2CO3(PO4)2.
Application Insights:
In terms of volume, the instrument application led the global high purity barium chloride dihydrate market with a share of over 60% in 2017. The product is widely used in electronic applications such as semiconductors, batteries, and super capacitors. Electronic grade BCl3 DH is preferred for its superior properties including low impurities level and chemical stability. These factors are anticipated to propel demand from various end-use industries over the forecast period.
The metallurgy segment accounted for a significant share in 2017 owing to rising demand from various industrial sectors including construction materials and automotive industry for manufacturing steel products using different processes such as hot & cold rolling, annealing & hardening etcetera.
Regional Analysis:
Asia Pacific was the largest market for high purity barium chloride dihydrate, accounting for over 45% of global volume in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use industries such as metallurgy and others. In addition, growing electronic industry in countries such as China and India coupled with rising foreign investments is likely to drive the market growth during the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of more than 25% in terms of volume in 2017 on account of large production base located mainly in Russia and Germany along with other European countries. Demand from instrumentation sector is anticipated to be a key factor driving this regional market over the next eight years due to significant rise observed during recent years owing heavy investment made by major players operating within this sector including Bosch Group; Leica Microsystems AG; Nikon Corporation; Panasonic Corporation.; Pentax Inc.; Sony Corporation.
Growth Factors:
- Increasing demand from the chemical industry for High Purity Barium Chloride Dihydrate as a precursor to other chemicals.
- Growing demand for High Purity Barium Chloride Dihydrate in the production of optical glass and other specialty glasses.
- Rising use of High Purity Barium Chloride Dihydrate in medical imaging and radiation therapy applications.
- Increasing popularity of barium chloride dihydrate as a dietary supplement for its health benefits 5
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Barium Chloride Dihydrate Market Research Report
By Type
General Grade, Electronic Grade
By Application
Electronic, Instrument, Metallurgy, Others
By Companies
Chaitanya Chemicals, Guizhou RedStar, Zigong Da Cheng, Yibin Goldway Chemical, Shandong Xinke, Jiaocheng Sanxi Chemical, Shanxi Wencheng Chemical, Tianjin Xinghe, Huantai Maqiao Houjin
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Barium Chloride Dihydrate Market Report Segments:
The global High Purity Barium Chloride Dihydrate market is segmented on the basis of:
Types
General Grade, Electronic Grade
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
Electronic, Instrument, Metallurgy, 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:
- Chaitanya Chemicals
- Guizhou RedStar
- Zigong Da Cheng
- Yibin Goldway Chemical
- Shandong Xinke
- Jiaocheng Sanxi Chemical
- Shanxi Wencheng Chemical
- Tianjin Xinghe
- Huantai Maqiao Houjin
Highlights of The High Purity Barium Chloride Dihydrate 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:
- General Grade
- Electronic Grade
- By Application:
- Electronic
- Instrument
- Metallurgy
- 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 Dihydrate 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 dihydrate is a white to off-white powder with a slightly sweet taste. It is used as an additive in food and beverage products, such as carbonated soft drinks, fruit juices, sports drinks, and water.
Some of the key players operating in the high purity barium chloride dihydrate market are Chaitanya Chemicals, Guizhou RedStar, Zigong Da Cheng, Yibin Goldway Chemical, Shandong Xinke, Jiaocheng Sanxi Chemical, Shanxi Wencheng Chemical, Tianjin Xinghe, Huantai Maqiao Houjin.
The high purity barium chloride dihydrate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Purity Barium Chloride Dihydrate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Purity Barium Chloride Dihydrate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Purity Barium Chloride Dihydrate Market - Supply Chain
4.5. Global High Purity Barium Chloride Dihydrate Market Forecast
4.5.1. High Purity Barium Chloride Dihydrate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Purity Barium Chloride Dihydrate Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Purity Barium Chloride Dihydrate Market Absolute $ Opportunity
5. Global High Purity Barium Chloride Dihydrate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
5.3.1. General Grade
5.3.2. Electronic Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Purity Barium Chloride Dihydrate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
6.3.1. Electronic
6.3.2. Instrument
6.3.3. Metallurgy
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Purity Barium Chloride Dihydrate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Purity Barium Chloride Dihydrate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Purity Barium Chloride Dihydrate Demand Share Forecast, 2019-2026
9. North America High Purity Barium Chloride Dihydrate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
9.4.1. Electronic
9.4.2. Instrument
9.4.3. Metallurgy
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
9.7.1. General Grade
9.7.2. Electronic Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Purity Barium Chloride Dihydrate Demand Share Forecast, 2019-2026
10. Latin America High Purity Barium Chloride Dihydrate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
10.4.1. Electronic
10.4.2. Instrument
10.4.3. Metallurgy
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
10.7.1. General Grade
10.7.2. Electronic Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Purity Barium Chloride Dihydrate Demand Share Forecast, 2019-2026
11. Europe High Purity Barium Chloride Dihydrate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
11.4.1. Electronic
11.4.2. Instrument
11.4.3. Metallurgy
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
11.7.1. General Grade
11.7.2. Electronic Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Purity Barium Chloride Dihydrate Demand Share, 2019-2026
12. Asia Pacific High Purity Barium Chloride Dihydrate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
12.4.1. Electronic
12.4.2. Instrument
12.4.3. Metallurgy
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
12.7.1. General Grade
12.7.2. Electronic Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Purity Barium Chloride Dihydrate Demand Share, 2019-2026
13. Middle East & Africa High Purity Barium Chloride Dihydrate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Purity Barium Chloride Dihydrate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Application
13.4.1. Electronic
13.4.2. Instrument
13.4.3. Metallurgy
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Purity Barium Chloride Dihydrate Market Size and Volume Forecast by Type
13.7.1. General Grade
13.7.2. Electronic Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Purity Barium Chloride Dihydrate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Purity Barium Chloride Dihydrate Market: Market Share Analysis
14.2. High Purity Barium Chloride Dihydrate Distributors and Customers
14.3. High Purity Barium Chloride Dihydrate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chaitanya Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Guizhou RedStar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zigong Da Cheng
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yibin Goldway Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shandong Xinke
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiaocheng Sanxi Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shanxi Wencheng Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianjin Xinghe
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Huantai Maqiao Houjin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook