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Worldwide Barium Industry to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com

·4-min read

DUBLIN, October 25, 2021--(BUSINESS WIRE)--The "Global Barium Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

This report provides deep insights into the current and future state of the barium market across various regions. The study comprehensively analyzes the barium market by segmenting based on type (Metal, Compounds (Barium Sulfate, Barium Chloride, Barium Nitrate, Barium Titanate, Barium Oxide, Barium Carbonate), and Others), application (Construction, Metal Alloys, Paints and Coatings, Plastics and Rubbers, Mining, Electronics, and Others),and geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The report examines the market drivers and restraints, along with the impact of Covid-19 on the market's growth, in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.

Barium, a soft silvery alkaline earth metal, reacts readily with air, forming many derivatives, which is why it isn't found in its native metal form. Being denser than lead, this metal is often found in sediments and common in vein fillings of limestone and dolostone. Baryte and Witherite are the two common minerals of barium. Barium-impregnated food materials of various consistencies are employed to treat dysphagia patients with head and neck cancer. Barium Enema X-Ray test is used to diagnose gastrointestinal abnormalities. These two applications are the trending opportunities for the barium market's growth in the near future.

According to the publisher, the global barium market is expected to witness growth at a considerable rate during the forecast period. The major factor responsible for the global barium market's growth would be the increasing demand for barium compounds in glassmaking and several other practical applications. The demand for a variety of glass products in construction, packaging, and electronics is rising day by day. The application of barium compounds in making paints and coatings is another major driver for this market's global growth. Besides, barium compounds also have niche applications in high-temperature superconductors, electroceramics, carbon grain microstructure reduction, the green color of fireworks, rodenticides, etc. Barium compounds used in television screens perform the role of shielding humans from X-rays emitted. They are excellent radiocontrast agents as well. Apart from these, barium compounds' applications are expanding, which influences the barium market globally. However, stringent government policies and regulations, Mining restrictions, depletion of resources, along with barium products' reactive nature and toxicity, restrain the global barium market's growth.

Asia-Pacific dominated the global barium market due to the presence of a large number of end-user industries here. China is the global leader in barium compound production. The growing construction sector and the oil & gas industry is the reason for this region's dominance. Consumption of barium in developing economies is increasing, and the Asia-Pacific region has tremendous scope and numerous explorations left for the market.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

3.1 Introduction

3.2 Market Dynamics

3.2.1 Drivers

3.2.2 Restraints

3.3 Market Trends & Developments

3.4 Market Opportunities

3.5 Feedstock Analysis

3.6 Regulatory Policies

3.7 Analysis of Covid-19 Impact

4. Industry Analysis

4.1 Supply Chain Analysis

4.2 Porter's Five Forces Analysis

4.2.1 Competition in the Industry

4.2.2 Potential of New Entrants into the Industry

4.2.3 Bargaining Power of Suppliers

4.2.4 Bargaining Power of Consumers

4.2.5 Threat of substitute products

5. Market Segmentation & Forecast

5.1 By Type

5.1.1 Metal

5.1.2 Compounds

5.1.2.1 Barium Sulfate

5.1.2.2 Barium Chloride

5.1.2.3 Barium Nitrate

5.1.2.4 Barium Titanate

5.1.2.5 Barium Oxide

5.1.2.6 Barium Carbonate

5.1.2.7 Others

5.1.3 Alloys

5.2 By Application

5.2.1 Construction

5.2.2 Metal Alloys

5.2.3 Paints and Coatings

5.2.4 Plastics and Rubbers

5.2.5 Mining

5.2.5 Electronics

5.2.6 Others

6. Regional Market Analysis

7. Key Company Profiles

7.1 AG CHEMI GROUP

7.2 American Elements

7.3 Barium & Chemicals, Inc.

7.4 BASF

7.5 BassTech International

7.6 Brenntag North America

7.7 Chemical Products Corporation

7.8 Cimbar Performance Minerals

7.9 Divjyot Chemicals

7.10 Guizhou Redstar Development

7.11 Honeywell International

7.12 Hubei Jingshan Chutian Barium Salt Corp

7.13 IBC

7.14 Merck KGaA

7.15 Nafine Chemical Industry

7.16 Nippon Chemical Industrial

7.17 Sakai Chemical Industry

7.18 Santa Cruz Biotechnology

7.19 Shaanxi Ankang Jianghua Group

7.20 Shandong Xinke Environmental Chemistry

7.21 Sigma-Aldrich

7.22 Solvay

7.23 Thermo Fisher Scientific

8. Competitive Landscape

9. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/b4u8ci

View source version on businesswire.com: https://www.businesswire.com/news/home/20211025005390/en/

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