Scope of the Study
Barium suphate is the organic compound with the chemical formula BaSO4 that is insoluble in water at room temperature. Barium sulphate is mostly used as a component in oil well drilling fluid. It appears as a white or yellowish odorless powder or small crystals and occurs in nature as the mineral barite. It is also used in paints, paper coatings, linoleum textiles, rubber and other applications.
The market study is being classified by Type (Natural Barium Sulphate and Synthetic Barium Sulphate), by Application (Paint Industry, Coating Industry, Pharmaceutical Industry, Rubber Industry and Others) and major geographies with country level break-up.
Cimbar Performance Minerals, Inc. (Georgia), Barium & Chemicals, Inc. (United States), Solvay S.A (Belgium), Shaanxi Fuhua Chemical Co., Ltd. (China), Huntsman Corporation (United States), Nippon (Japan), Zhejiang Dongfeng Chemical Co Ltd (China), Sachtleben Chemie GmbH (Germany), Shaanxi Fuhua Chemical Co., Ltd. (China) and Shenzhou Jiaxin Chemical Co., Ltd (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Barium Sulphate market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Barium Sulphate market by Type, Application and Region.
On the basis of geography, the market of Barium Sulphate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Demand for Various Industrial Applications Such As Component in Oil Well Drilling Fluid
- High Demand for Paint Industry Application
Market Trend
- Demand for Plastic Products
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand for Highly Purified Fluid
- Goth in Coating and Rubber Industry Will Creates Demand for Barium Sulphate
Challenges
- Slowdown of the World Economy
Key Target Audience
Barium Sulphate Manufacturers, Corn oil Providers/Vendors, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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