The production of barium carbonate declined slightly in the year 2009 as a result of recession but recovered rapidly from 2010 onwards. According to a new report by Expert Market Research, the global barium carbonate market reached a volume of 1171.66 Thousand Tons in 2019 and is further expected to reach 2287.99 Thousand Tons by 2025. Rising construction and infrastructural activities along with refurbishments have augmented the demand for barium carbonate globally.
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Barium carbonate (BaCO3) is a chemical which is found in nature in the form of the mineral witherite. It has an orthorhombic crystal structure, similar to aragonite and strontianite. It is a dense, odourless and white coloured chemical compound which is insoluble in water and soluble in most acids, except for sulfuric acid. Barium carbonate today represents the most important chemical amongst the barium chemicals, after barites. It has high thermal stability and does not decompose readily unless some carbon source is available in the kiln atmosphere.
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Market breakup by End-use:
- Glass
- Brick and clay
- Barium Ferrites
- Photographic Paper Coatings
- Others
Market breakup by Region:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Competitive Landscape & Supplier Analysis
- Solvay SA (SOLB.BR)
- Shaanxi Ankang Jianghua Group Co. Ltd.
- Nippon Chemical Industrial Co Ltd (TYO: 4092)
- Athiappa Chemicals (P) Ltd.
- American Elements
- Sakai Chemical Industry Co Ltd (TYO: 4078)
- IBC LTD
- Others
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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