The North America barium carbonate market is expected to grow at CAGR of around 6% during 2019-2024. Barium Carbonate (BaCO3) is an odorless, amorphous and white powder. The chemical is naturally produced from witherite mineral or can be synthetically extracted from the barite ore. Barium Carbonate is used across several industries for purifying brine in the chlor-alkali industry, for increasing scratch resistance in the ceramic industry, for providing refraction and scratch resistivity in the glass industry, for manufacturing barium nitrate in the firework industry, etc.
Being one of the developed regions, North America facilitates a growing market for barium carbonate. Booming construction industry, rapid urbanization and rising population have increased the demand of barium carbonate for manufacturing bricks, clay, tiles, specialty glass, ceramics and other materials, in the region. In addition to this, barium carbonate is also utilized in manufacturing ceramic permanent magnets for loudspeakers, for photographic paper coatings, in chlorine and alkali, and barium ferrites production. Rapid globalization and new technological innovations will fuel the demand of barium carbonate in the region in upcoming time.
IMARC Group’s latest report provides a deep insight into the North America barium carbonate market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America barium carbonate market in any manner.
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