The Europe barium carbonate market size reached 241,470 Tons in 2021. Looking forward, IMARC Group expects the market to reach 435,480 Tons by 2027, exhibiting a growth rate (CAGR) of 10.24% during 2022-2027.
Barium carbonate refers to an odorless inorganic compound that is obtained from barite minerals. It is characterized by white color and is generally available in powder, granular and ultra-fine forms. It is widely utilized as a matting, crystallizing and flux agent in the production of tiles, specialty glass and bricks. Apart from this, it is used in the manufacturing of thermistors, multilayered ceramic capacitors, sensors, optical modulators and piezoelectric transducers. Furthermore, it also forms a key component in the production of ceramics and the treatment of salt brine.
The market in Europe is primarily driven by significant growth in the construction industry. In line with this, the increasing investments by the government of numerous countries across the region in infrastructural development projects are providing an impetus to the market growth. For example, the Government of Norway is heavily investing in the construction of numerous tunnels and bridges across the fjords, which is expected to create a positive outlook for the market. Furthermore, multiple key players in the region are also engaging in merger and acquisitions (M&A) activities to create numerous growth opportunities in the market. For instance, Latour Capital, a Paris-based company, has recently acquired Solvay’s barium businesses across Germany and Spain in an attempt to strengthen their market position. The widespread product utilization as a glazing agent in the manufacturing of ceramics is acting as another major growth-inducing factor across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe barium carbonate market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on end use.
Breakup by End Use:
- Brick and Clay
- Barium Ferrites
- Photographic Paper Coatings
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||End Use, Country
||Germany, France, United Kingdom, Italy, Spain, Others
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Key Questions Answered in This Report:
- How has the Europe barium carbonate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe barium carbonate market?
- What are the key regional markets?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe barium carbonate market and who are the key players?
- What is the degree of competition in the industry?