The North America barium carbonate market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.5% 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 end use industries. These insights are included in the report as a major market contributor.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America barium carbonate market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on end-use.
Key Regions Analysed
Analysis for Each Country
Market by End-Use
Brick and Clay
Photographic Paper Coatings
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Key Player Profiles
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.
Base Year of the Analysis
United States, Canada, Mexico
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Key Questions Answered in This Report:
How has the North America barium carbonate market performed so far and how will it perform in the coming years?
What are the key regions in the North America barium carbonate market?
What has been the impact of COVID-19 on the North America barium carbonate market?
What is the breakup of the North America barium carbonate market based on end-use?
What are the various stages in the value chain of the North America barium carbonate industry?
What are the key driving factors and challenges in the North America barium carbonate industry?
What is the structure of the North America barium carbonate industry and who are the key players?
What is the degree of competition in the North America barium carbonate industry?
What are the profit margins in the North America barium carbonate industry?
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