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Barium Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global barium carbonate market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.20% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different industries. These insights are included in the report as a major market contributor.

Barium carbonate (BaCO3) is a white solid sourced from the precipitation of barium hydroxide and urea. It is also obtained from mineral barite or barium chloride. Barium carbonate is water-insoluble, tasteless, odorless, dense and extremely toxic in nature. It is utilized in the production of various commercial products, which include rubber, paints, enamels, ceramics, oil drilling, glass, and bricks. Specialty glass made using barium carbonate provides radiation shielding in CRT televisions. It is also used in making bricks, clays, photographic paper coatings, hard ferrite magnets, permanent ceramic magnets for loudspeakers and in the removal of sulphate from salt brines before they are fed into electrolytic cells. Besides this, the high toxicity of barium carbonate makes it an ideal solution in the formulation of rodenticides.

 

 
 

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Barium Carbonate Market Trends:

Rapid expansion in the construction and real estate industries is primarily driving the global barium carbonate market toward growth. Besides this, governments of various nations have been focusing on infrastructural development, which is escalating the demand for bricks and ceramic tiles. The market growth is further supported by significantly increasing urbanization and disposable incomes, particularly in developing countries, which has led to the inflating sales of premium-quality decorative items, such as vases, glass paintings, and ceramic figurines. Moreover, the electro-ceramics industry has been witnessing significant growth, wherein barium carbonate is utilized in the production of several components, such as piezoelectric transducers, electromechanical devices, sensors, and optical modulators. Furthermore, the implementation of stringent regulations to control environmental degradation caused by the industrial sector has prompted key players to adopt eco-friendly processes for producing barium carbonate, such as using methane as the reducing agent, which is creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global barium carbonate market report, along with forecasts for growth at the global and regional levels from 2021-2026. Our report has categorized the market based on end use.

Breakup by End Use:

 

 
 

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  • Glass
  • Brick and Clay
  • Barium Ferrites
  • Photographic Paper Coatings
  • Others

 

At present, barium carbonate is most widely used in glass production across the globe.

Regional Insights:

  • China
  • Japan
  • Latin America
  • Middle East and Africa
  • Europe
  • Others

 

At the regional level, China exhibits a clear dominance in the market, accounting for the majority of the total market share.

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players. Some of these players include Solvay S.A., Chemical Products Corporation, Hubei Jingshan Chutian Barium Salt Corporation Ltd., Guizhou Red Star Development Import and Export Co. Ltd., Sakai Chemical Industry Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Shhanxi Ankang Jianghua Group Co. Ltd., Zaozhuang City Yongli Chemical Co., Ltd., etc.

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1 Overview
    4.2 Physical and Chemical Properties
    4.3 Key Industry Trends
5   Global Barium Carbonate Market
    5.1 Market Overview
    5.2 Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3 Impact of COVID-19
    5.4 Price Trends
    5.5 Market Breakup by Region
    5.6 Market Breakup by End-Use
    5.7 Market Forecast
    5.8 SWOT Analysis
        5.8.1 Overview
        5.8.2 Strengths
        5.8.3 Weaknesses
        5.8.4 Opportunities
        5.8.5 Threats
    5.9 Value Chain Analysis
        5.9.1 Raw Material Procurement
        5.9.2 Manufacturing
        5.9.3 Marketing
        5.9.4 Distribution
        5.9.5 Exports
        5.9.6 End-Use
    5.10 Porter’s Five Forces Analysis
        5.10.1 Overview
        5.10.2 Bargaining Power of Buyers
        5.10.3 Bargaining Power of Suppliers
        5.10.4 Degree of Competition
        5.10.5 Threat of New Entrants
        5.10.6 Threat of Substitutes
    5.11 Trade Data
        5.11.1 Imports
        5.11.2 Exports
    5.12 Key Market Drivers and Success Factors
6   Performance of Key Regions
    6.1 China
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2 Japan
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3 Latin America
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4 Middle East and Africa
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5 Europe
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6 Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market by End-Use
    7.1 Glass
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2 Brick and Clay
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3 Barium Ferrites
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4 Photographic Paper Coatings
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5 Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Competitive Landscape
    8.1 Market Structure
    8.2 Key Players
9   Barium Carbonate Manufacturing Process
    9.1 Product Overview
    9.2 Chemical Reactions Involved
    9.3 Manufacturing Process
    9.4 Detailed Process Flow
    9.5 Raw Material Requirements
    9.6 Mass Balance and Feedstock Conversion Rates
10  Barium Carbonate Feedstock Market Analysis
    10.1 Barite
        10.1.1 Market Performance
            10.1.1.1 Volume Trends
            10.1.1.2 Value Trends
        10.1.2 Price Trends
        10.1.3 Market Breakup by Region
        10.1.4 Market Breakup by End-Use
        10.1.5 Key Suppliers
    10.2 Pet Coke
        10.2.1 Market Performance
            10.2.1.1 Volume Trends
            10.2.1.2 Value Trends
        10.2.2 Price Trends
        10.2.3 Market Breakup by Region
        10.2.4 Market Breakup by End-Use
        10.2.5 Key Suppliers
    10.3 Sodium Carbonate
        10.3.1 Market Performance
            10.3.1.1 Volume Trends
            10.3.1.2 Value Trends
        10.3.2 Price Trends
        10.3.3 Market Breakup by Region
        10.3.4 Market Breakup by End-Use
        10.3.5 Key Suppliers
11   Key Player Profiles

List of Figures

Figure 1: Global: Barium Carbonate Market: Major Drivers and Challenges
Figure 2: Global: Barium Carbonate Market: Production Volume Trends (in ‘000 Tons), 2015 - 2020
Figure 3: Global: Barium Carbonate Market: Production Value Trends (in Million US$), 2015 - 2020
Figure 4: Global: Barium Carbonate Market: Average Price Trends (in US$/Ton), 2015 - 2020
Figure 5: Global: Barium Carbonate Market: Breakup by Region (in %), 2020
Figure 6: Global: Barium Carbonate Market: Breakup by End-Use (in %), 2020
Figure 7: Global: Barium Carbonate Market Forecast: Production Volume Trends (in ‘000 Tons), 2021-2026
Figure 8: Global: Barium Carbonate Market Forecast: Production Value Trends (in Million US$), 2021-2026
Figure 9: Global: Barium Carbonate Industry: SWOT Analysis
Figure 10: Global: Barium Carbonate Industry: Value Chain Analysis
Figure 11: Global: Barium Carbonate Industry: Porter’s Five Forces Analysis
Figure 12: Global: Barium Carbonate Market: Import Value Breakup by Country (in %)
Figure 13: Japan: Barium Carbonate Market: Import Value Trend (in ‘000 US$)
Figure 14: Global: Barium Carbonate Market: Export Value Breakup by Country (in %)
Figure 15: China: Barium Carbonate Market: Export Value Trend (in ‘000 US$)
Figure 16: China: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 17: China: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 18: Japan: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 19: Japan: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 20: Latin America: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 21: Latin America: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 22: Middle East and Africa: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 23: Middle East and Africa: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 24: Europe: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 25: Europe: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 26: Others: Barium Carbonate Market (in Tons), 2015 & 2020
Figure 27: Others: Barium Carbonate Market Forecast (in Tons), 2021-2026
Figure 28: Global: Barium Carbonate Market: Glass (in Tons), 2015 & 2020
Figure 29: Global: Barium Carbonate Market Forecast: Glass (in Tons), 2021-2026
Figure 30: Global: Barium Carbonate Market: Brick and Clay (in Tons), 2015 & 2020
Figure 31: Global: Barium Carbonate Market Forecast: Brick and Clay (in Tons), 2021-2026
Figure 32: Global: Barium Carbonate Market: Barium Ferrites (in Tons), 2015 & 2020
Figure 33: Global: Barium Carbonate Market Forecast: Barium Ferrites (in Tons), 2021-2026
Figure 34: Global: Barium Carbonate Market: Photographic Paper Coatings (in Tons), 2015 & 2020
Figure 35: Global: Barium Carbonate Market Forecast: Photographic Paper Coatings (in Tons), 2021-2026
Figure 36: Global: Barium Carbonate Market: Other Applications (in Tons), 2015 & 2020
Figure 37: Global: Barium Carbonate Market Forecast: Other Applications (in Tons), 2021-2026
Figure 38: Barium Carbonate Manufacturing: Detailed Process Flow
Figure 39: Barium Carbonate Manufacturing: Conversion Rate of Feedstocks
Figure 40: Global: Barite Market: Production Volume Trends (in Million Tons), 2015-2020
Figure 41: Global: Barite Market: Production Value Trends (in Million US$), 2015-2020
Figure 42: Global: Barite Market Forecast: Production Volume Trends (in Million Tons), 2021-2026
Figure 43: Global: Barite Market Forecast: Production Value Trends (in Million US$), 2021-2026
Figure 44: Global: Barite Market: Average Price Trends (in US$/Ton), 2015-2026
Figure 45: Global: Barite Market: Breakup by Region (in %)
Figure 46: Global: Barite Market: Breakup by End-Use (in %) 
Figure 47: Global: Barite Market: Breakup by Key Players (in %) 
Figure 48: Global: Petcoke Market: Production Volume Trends (in Million Dry Metric Tons), 2015-2020
Figure 49: Global: Petcoke Market: Production Value Trends (in Million US$), 2015-2020
Figure 50: Global: Petcoke Market Forecast: Production Volume Trends (in Million Dry Metric Tons), 2021-2026
Figure 51: Global: Petcoke Market Forecast: Production Value Trends (in Million US$), 2021-2026
Figure 52: Global: Petcoke Market: Average Price Trends (in US$/Ton), 2015-2026
Figure 53: Global: Petcoke Market: Breakup by Region (in %)
Figure 54: Global: Petcoke Market: Breakup by End-Use (in %)
Figure 55: Global: Petcoke Market: Production Capacity Breakup by Key Players (in %)
Figure 56: Global: Sodium Carbonate Market: Production Volume Trends (in Million Tons), 2015-2020
Figure 57: Global: Sodium Carbonate Market: Production Value Trends (in Million US$), 2015-2020
Figure 58: Global: Sodium Carbonate Market Forecast: Production Volume Trends (in Million Tons), 2021-2026
Figure 59: Global: Sodium Carbonate Market Forecast: Production Value Trends (in Million US$), 2021-2026
Figure 60: Global: Sodium Carbonate Market: Average Price Trends (in US$/Ton), 2015-2026
Figure 61: Global: Sodium Carbonate Market: Breakup by Region (in %) 
Figure 62: Global: Sodium Carbonate Market: Breakup by End-Use (in %)
Figure 63: Global: Sodium Carbonate Market: Production Capacity Breakup by Key Players (in %)

List of Tables

Table 1: Barium Carbonate: Physical Properties
Table 2: Barium Carbonate: Chemical Properties
Table 3: Global: Barium Carbonate Market: Key Industry Highlights, 2020 and 2026
Table 4: Global: Barium Carbonate Market Forecast: Breakup by Region (in Tons), 2021-2026
Table 5: Global: Barium Carbonate Market Forecast: Breakup by End-Use (in Tons), 2021-2026
Table 6: Global: Barium Carbonate Market: Competitive Structure
Table 7: Global: Barium Carbonate Market: Imports by Major Countries
Table 8: Global: Barium Carbonate Market: Exports by Major Countries
Table 9: Global: Barium Carbonate: List of Major Players
Table 10: Barium Carbonate Manufacturing: Raw Material Requirements
Table 11: Barium Carbonate Manufacturing: Chemical Reactions Involved

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Key Question Answered in this Report

According to the estimates by IMARC Group, the global barium carbonate market is expected to witness a CAGR of 7.20% from 2021 to 2026.

The rise in construction activities represents the primary factor driving the market across the globe. Barium carbonate is widely used for glazing ceramic tiles as it acts as a crystallizing and matting agent and synthesizes unique colors when combined with specific coloring oxides.

The major trends in the market are technological innovations that have expanded the applications of barium carbonate across various end use industries.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for barium carbonate.

On the basis of the end-use, the market has been bifurcated into glass, barium ferrites, brick and clay, photographic paper coatings, and others. Currently, glass represents the majority of the total market share.

Region-wise, the market has been classified into China, Japan, Europe, Latin America, and Middle East and Africa, where China dominates the global market.

The key companies in the global barium carbonate market are Solvay S.A., Chemical Products Corporation, Hubei Jingshan Chutian Barium Salt Corporation Ltd., Guizhou Red Star Development Import and Export Co. Ltd., Sakai Chemical Industry Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Shhanxi Ankang Jianghua Group Co. Ltd., Zaozhuang City Yongli Chemical Co., Ltd., etc.

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