Rising Demand from Numerous Industries Benefits Growth of the Barium Sulfate Market

Barium is popular among the several industries for its high level of chemical reactivity. Some of the derivatives of barium, which are generally used in the industry are barium oxide, barium nitrate, barium sulfate, barium chloride, barium titanate, and barium carbonate. Barium sulfate is popular, as it doesn’t possess the hazardous effects on human body and on the environment. Thus, it is widely used during manufacture of polystyrene and polypropylene, which is augmenting demand for these compounds in the several industries. This is key factor stoking growth of the global barium sulfate market in coming years.

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Here are some of the pointers related to the barium sulfate market, which may found interesting:

• Barium sulfate has solid interest as a radio-differentiate specialist in X-beam imaging and other demonstrative methodology. Henceforth, the advancement of the novel symptomatic innovations is enlarging the general market. The development of nanotechnology is likewise working in the support of the worldwide market. Aside from this, the expanding utilization of barium sulfate crosswise over ventures, for example, car and steel in created districts, for example, North America is fuelling development prospects.

• Relatively quite a while from now, the world barium sulfate market is foreseen to get a solid demand from the Asia Pacific market, which is relied upon to observe a supersonic development. Presence of the countries in the region Asia Pacific nations such as India, Malaysia, Thailand, China, and Indonesia are advancing an important interest for barium sulfate. These are benefiting growth of the global barium sulfate market from past few years.

• Most of players in the worldwide barium sulfate market are centering towards innovative work and item development. Organizations are endeavoring to support their quality crosswise over various application portions and topographies to expand their benefit. Key players are additionally attempting to profit by the fast headways in nanotechnology to remain important in the barium sulfate market.

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• Solvay Chemicals Inc., GFS Chemicals, Inc., Sakai Chemical Industry Co., Ltd., NOAH Technologies Corporation, Jingyan Chem (H.K.) Ltd., Hebei Xinji Chemical Group Co., Ltd., and Chemical Products Corporation are some of the key players in the global barium sulfate market.

Rising Barium Sulphate Consumption in Automobile Industry to Drive Market

Increasing demand for barium sulphate in paint industry to enhance the consistency of paints is one of the key factors augmenting market growth in coming years. In addition, increasing automobile industry is boosting demand for paint and coating that in turn supporting growth of the overall barium sulphate market. Further, increasing demand for highly purified fluid to boost market growth. Moreover, rising construction industry is another factor supporting growth of the global barium sulphate market in coming years.

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Barium sulphate is mainly utilized as plastic filler during production of polystyrene and polypropylene. Additionally, growing demand for both in several packaging application is likely to boost growth of the global barium sulphate market in near future. Moreover, growing demand for highly advanced new diagnostic technology is expected to complement growth of this market too.

North America to leads Global Barium Sulphate in terms of Adoption

From a geographical viewpoint, North America is likely to dominate the global barium sulphate market in terms of adoption. Rising demand for steel and automobile is expected to drive utilization of the barium sulphate in the North America’s regions. However, economies such as Asia Pacific are likely to be the emerging market for barium sulphate owing to rising industrialization in the region, especially in China. The civil construction in China is likely to fuel growth of this market in the upcoming years. Additionally, growing automobile industry likely to drives demand for paints and coatings which in turn triggers the growth of the overall barium sulphate too.

Innovations and Product Launch to Drive Growth of Barium Sulphate Market

The presence of regional and international players likely to demonstrates fragmented structure of this market. Most of the players are majorly focused towards research and development activities in order to strengthen their presence across the globe. The manufacturers are also concentrated towards launching new products to boost growth of the overall market in coming years. Several players are also working upon to enhance the potential of the coating and paints in the automobile sector.

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Barium Sulfate Market: Steady Growth Rate upto 2025

Global Barium Sulfate Market: Snapshot

Barium is being increasingly used in various industries due to its high level of chemical reactivity. Some of the commonly used derivatives of barium are barium nitrate, barium oxide, barium sulfate, barium titanate, barium chloride, and barium carbonate. Among these, barium sulfate is massively popular and highly acknowledged for not having hazardous effects on humans as well as the environment. It is widely used in the manufacturing of polystyrene and polypropylene and thus, the soaring demand for these compounds in the packaging industry is stoking the growth of the global market for barium sulfate.

Barium sulfate has strong demand as a radio-contrast agent in X-ray imaging and other diagnostic procedures. Hence, the development of the novel diagnostic technologies is augmenting the overall market. The emergence of nanotechnology is also working in the favor of the global market. Apart from this, the increasing consumption of barium sulfate across industries such as automotive and steel in developed regions such as North America is fuelling growth prospects.

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The majority of players in the global barium sulfate market are focusing towards research and development and product innovation. Companies are striving to boost their presence across different application segments and geographies in order to maximize their profit. Key players are also trying to capitalize on the rapid advancements in nanotechnology in order to stay relevant in the market.

Global Barium Sulfate Market: Synopsis

The global barium sulfate market employs barite mineral as the chief commercial source of barium. The inorganic compound barium sulfate is heavily exploited in its salient applications because of its excellent properties such as white opaque appearance and high density. Impure and pure barium sulfate are the two principal grades produced globally.

Global Barium Sulfate Market: Applications

The ceramic industry has remarkably led the global barium sulfate market toward a commendable growth for a good reason. It is one of the leading consumers of barium carbonate, which is produced from barium sulfide. In the event, this would certainly drive the global market since barium sulfate is used in the production of barium sulfide. The other applications of barium sulfate include pyrotechnics, brake linings, catalyst support, colorimetry, root canal filling, soil pH test, anacoustic foams, powder coatings, and Episal salt. Barium sulfate is also peculiarly used as a drilling fluid, paper brightener, pigment, radiocontrast agent, and plastic filler.

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Global Barium Sulfate Market: Trends

The demand in the international barium sulfate market is envisioned to register a phenomenal growth in the foreseeable future with a record high maturation of crucial sectors such as paper, plastics, and paints and coatings. Giants companies are taking to the titanic market potential of the emerging nations of the world to rake in prodigious business profits. End-user sectors such as construction, plastics, paper, paints and coatings, oil well drilling, automotive, medical, and X-ray imaging have been demanding barium sulfate at a swift rate, especially in the developing regions. All of these factors have laid a healthy foundation for the global market to gain a momentous growth during the forecast period.

Global Barium Sulfate Market: Geography

Not many years from now, the world barium sulfate market is anticipated to receive a strong support from the Asia Pacific market, which is expected to witness a supersonic growth. Surfacing Asia Pacific countries such as India, Malaysia, China, Thailand, and Indonesia are putting forth a noteworthy demand for barium sulfate. With an impressive market potential in the oil well drilling, plastics, paper, paints and coatings, and construction industries, the aforementioned emerging nations including Brazil and Qatar are foretold to create a significant demand. Moreover, Brazil and Qatar are usually the hosting venues for large-scale events such as the FIFA World Cup and Olympics, which in turn increase the demand, owing to the need to construct state-of-the-art infrastructure.

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Geographies such as Israel, Egypt, Argentina, Saudi Arabia, and South Africa are also prophesied to rapidly contribute toward the growth of the global barium sulfate market. On the back of a steady recovery from economic crisis, developed regions such as the U.S. and Europe are envisaged to produce an optimistic outlook for the global market.

Solvay Chemicals Inc., Sakai Chemical Industry Co., Ltd., GFS Chemicals, Inc., NOAH Technologies Corporation, Hebei Xinji Chemical Group Co., Ltd., Jingyan Chem (H.K.) Ltd., and Chemical Products Corporation are some of the promising players expected to prevail in the global barium sulfate market.

Barium Sulfate Market Impacted by Developments in X-Ray Imaging

San Francisco, California, August 18, 2017:Barium Sulfate Market – Global Industry Analysis, Size, Share, Trends, and Forecast 2017-2025” is the latest report by TMR Research and sheds light on the global barium sulfate market. The report provides an in-depth analysis of the prominent segments of the market along with its competitive landscape.

Barium is primarily utilized in various industries because of its high chemical reactivity. Commonly used derivatives of barium are barium oxide, barium nitrate, barium sulfate, barium chloride, barium carbonate, and barium titanate. Among the mentioned names, barium sulfate is highly acknowledged for not having any adverse effects on the environment and humans. It is largely used for the production of polypropylene and polystyrene, extensively used in the packaging industry. Both of these factors are expected to have a positive impact on the revenue of the global market. Inorganic barium sulfate compound finds widespread usage in various industrial applications because of its outstanding properties such as high density and white opaque appearance.

Additionally, barium sulfate is an integral component of X-ray imaging as a radio-contrast agent and various other diagnostic operations. Thus, the research and development activities in field of diagnostics are also expected to boost the global barium sulfate market. The rising prevalence of nanotechnology is also expected to work in favor of developing the market. Along with these developments, rising consumption of barium sulfate across different industries such as steel and automotive in North America is also expected to fuel the growth of the market.

The global demand for barium sulfate is anticipated to grow phenomenally in the mentioned forecast period with substantial maturation of crucial areas such as coatings and paints, plastics, and paper. Large corporates are expected to tap the high potential markets in the emerging economies and generate huge revenues. End-user sectors such as plastics, paper, construction, paints and coatings, automotive, and medical and X-ray imaging are envisioned to raise the demand for barium sulfate in the coming years leading to overall development of the global barium sulfate market.

Geographically, the global barium sulfate market is expected to receive a comprehensive demand from the market in Asia Pacific region that is projected to witness an exponential growth. Countries in the Asia Pacific region such as Malaysia, India, China, Indonesia, and Thailand are projected to lend a significant hand in the development of the barium sulfate market. Moreover, other countries such as Qatar and Brazil are also expected to create a substantial demand. With Qatar and Brazil hosting large-scale events such as the Olympics and the FIFA World Cup, it is expected to raise a great demand from the barium sulfate market because of the requirement to construct world-class infrastructure.
Some of the key players in the global barium sulfate market are Sakai Chemical Industry Co. Ltd., Solvay Chemicals Inc., GFS Chemicals, and Jingyan Chem (H.K) Ltd., among others.

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