Barium Carbonate Market – Snapshot

Barium carbonate, which is manufactured by using barite as a raw material, is a chemical compound that is white in color. Barium carbonate is generally available in powder form. Barium carbonate is insoluble in water and soluble in a majority of acids with the exception of sulfuric acid. Barium carbonate is thermally very stable in nature. Barium carbonate increases the refractive index and luster of glass, which makes it suitable for use in the glass industry. The commercial production of barium carbonate involves synthetic methods that yield high-purity barium carbonate in granular or powder form. Generally, barium carbonate is produced by the reaction between barium sulfate or barite and pet coke. It is also produced by the reaction between barium sulfide and sodium carbonate.

It is primarily used in the manufacture of other barium compounds; removal of efflorescence in bricks and tiles; and production of specialty glass. Demand for bricks and tiles has been increasing over the last few years. The construction industry in Asia Pacific is witnessing significant growth, owing to presence of countries with large population such as China and India. Rising demand for highly finished surfaces among consumers is likely to drive the barium carbonate market during the forecast period. Barium carbonate is used as an ingredient in glazes, frits, and enamels. It acts as a flux, matting agent, and crystallizing agent. It is employed in the production of specialty glass, as it gives a bright final finish.

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Based on form, the barium carbonate market has been classified into granular, powder, and ultra-fine. Granular form of barium carbonate is primarily used in the production of display glass, crystal glass, and other specialty glasses. Powder form of barium carbonate is used in the ceramic industry as a fluxing material to produce matt glazes, specialty glass, clay bricks, and tiles. Powder form is also employed in the manufacture of barium peroxide, barium hydroxide, and barium chloride. Ultra-fine form of barium carbonate is applied in brine purification.

In terms of application, the barium carbonate market has been segmented into specialty glass, bricks & tiles, chemical compounds, glazes, frits, and enamels, electro-ceramic materials, and others. The bricks & tiles segment holds a significant share of the barium carbonate market. Replacement of marble floors, metal slabs, and other home decorative products with ceramic tiles is expected to fuel the market in the next few years. This, in turn, is likely to augment the market for barium carbonate during the forecast period. Increasing use of barium carbonate in bricks and tiles to prevent scrumming is anticipated to fuel the demand for barium carbonate in the near future. Increasing activities of oil and gas exploration and drilling are likely to propel the barium carbonate market between 2018 and 2026. Barite, the raw material required in the production of barium carbonate, is highly consumed in the oil & gas industry.

Addition of barium carbonate prevents salt formation on bricks and tiles. Barium carbonate reacts with soluble sulfates to form insoluble carbonates and sulfates that do not produce scum. Demand for barium carbonate is high in the building & construction industry. With growth of semiconductors and electronics industries, the demand for barium carbonate in the electro-ceramic materials segment is rising. Barium carbonate is a key ingredient material of multilayered ceramic capacitors, PTC thermistors, piezoelectric transducers, sensors, dynamic RAM, MEMS, optical modulators, and electromechanical devices. However, decline in the production of CRT glass is likely to restrain the barium carbonate market to the specialty glass segment in the near future. Approximately 85% of the CRT devices are projected to reach end-of-life by 2025. With the decreasing demand for CRT, the demand for barium carbonate is also anticipated to decline in the next few years.

Manufacturers are focusing on the production of barium carbonate for removal of efflorescence in bricks and tiles in order to prevent scumming. Rise in construction activities in developing economies offer growth opportunities to the barium carbonate market. Use of barium carbonate as a precursor in the production of magnetic ferrites and ferro-electric materials is also likely to offer growth opportunities to the market in the near future.

Major manufacturers operating in the global barium carbonate market are Solvay, Chemical Products Corporation, Sakai Chemical Industry Co., Ltd, Hebei Xinji Chemical Group Co., Ltd, Shaanxi Ankang Jianghua Group Co., Ltd, Hubei Jingshan Chutiam Barium Salt Corporation Limited, and Guizhou Red Star Development Co., Ltd. In July 2018, Sakai Chemical Industry Co. Ltd, a key player in the market, announced that it would be acquiring 90% stake in SIAM Stabilizers and Chemicals, a Thailand-based company.

Barium Carbonate Market - Overview

Barium carbonate is a water-insoluble salt which is primarily used for the removal of efflorescence from bricks and tiles. Barium carbonate is found in three different forms: powder, granular, and ultra-fine. Powder form of barium carbonate is highly used. Barium carbonate is widely used in applications such as bricks, tiles, and specialty glass. It is also used as an ingredient in glazes, frits, and enamels. Barium carbonate acts as a flux, matting agent, and crystallizing agent. It is employed in the production of specialty glass, as it gives a bright final finish. Application of barium carbonate in the production of electro-ceramic materials is anticipated to offer attractive growth opportunities to the barium carbonate market in the next few years.

Addition of barium carbonate, even in small amounts, to the mixture prior to fire hardening and calcination prevents scumming in bricks and tiles. Barium carbonate reacts with soluble sulfates to form insoluble carbonates and sulfates that do not produce scum. Bricks is a highly important building material for use in construction activities in developing economies. The construction industry in both China and India has been expanding over the last few years. This is fueling the demand for bricks and flooring tiles in these countries. This, in turn, is propelling the barium carbonate market in China and India. Demand for barium carbonate from the electro-ceramics industry is on the rise. Barium carbonate is utilized in multilayered ceramic capacitors, PTC thermistors, piezoelectric transducers, sensors, dynamic RAM, MEMS, optical modulators, and electromechanical devices.

Based on form, the global barium carbonate market has been classified into granular, powder, and ultra-fine. The powder segment dominates the global barium carbonate market, owing to use of powder form of the compound in matt glazes, specialty glass, clay bricks, and tiles. Ultra-fine barium carbonate is used in brine purification. Key properties of granular form of barium carbonate include high bulk density and compatibility with other raw materials. In terms of application, the global barium carbonate market has been segmented into specialty glass, bricks & tiles, chemical compounds, glazes, frits, and enamels, electro-ceramic materials, and others.

Based on region, the global barium carbonate market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global market. Several favorable government policies and public–private partnership programs have boosted infrastructure development and construction activities in countries such as China, Indonesia, the Philippines, Thailand, and India. Furthermore, rise in the purchasing power of consumers is propelling the building & construction industry in Asia Pacific.

The report analyzes and forecasts the market for barium carbonate at the global and regional levels. The market has been projected in terms of volume (tons) and revenue (US$ Thousand) from 2018 to 2026. The study includes drivers and restraints of the global barium carbonate market. It also covers the anticipated impact of these drivers and restraints on the demand for barium carbonate during the forecast period. The report also highlights opportunities for growth of the barium carbonate market at the global and regional levels.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global barium carbonate market. Porter’s five forces model for the market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global barium carbonate market by segmenting it in terms of form, application, and region. These application and regional segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for barium carbonate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual application segments of the market in all regions.

The study includes profiles of major companies operating in the global barium carbonate market. Key players profiled in the report include Guizhou Red Star Development Co., Ltd, Sakai Chemical Industry Co., Ltd, Hebei Xinji Chemical Group Co., Ltd, Hebei Xinji Chemical Group Co., Ltd , Shaanxi Ankang Jiangshua Group Co., Ltd, and Vishnu Chemicals. These players account for a major share of the global market. Also, they are forward integrated. Brand promotions and launch of new products are likely to raise sales of barium carbonate in the next few years. Market leaders look for different measures such as strategic pricing and form improvement to increase their profit margin.

The report provides the estimated market size of the global barium carbonate market for 2017 and forecast for the next nine years. The size of the global market has been provided in terms of revenue. Market numbers have been estimated based on form, application, and regional segments. Market size and forecast for each form and application segment have been provided for global as well as regional markets.

Global Barium Carbonate Market, by Form

  • Granular
  • Powder
  • Ultra-fine

Global Barium Carbonate Market, by Application

  • Specialty Glass
  • Bricks & Tiles
  • Chemical Compounds
  • Glazes, Frits, and Enamels
  • Electro-ceramic Materials
  • Others

Global Barium Carbonate Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Egypt
    • Rest of Middle East & Africa

Key Takeaways

  • The report provides extensive analysis of market trends from 2017 to 2026 in order to identify growth opportunities and market developments
  • It provides comparative analysis of various application industries wherein barium carbonate is used
  • The report provides detailed information on the manufacturing process of barium carbonate
  • It gives detailed information on the import/export scenario of the barium carbonate market
  • It identifies key factors to build a roadmap for upcoming growth opportunities for the barium carbonate market at the global, regional, and country levels
  • The report offers comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global barium carbonate market between 2018 and 2026
  • The report provides a detailed competition landscape of key players operating in the market in order to understand the competition level
  • It covers the global supply–demand scenario of the barium carbonate market and the global production of barium carbonate
  • It provides a list of customers of barium carbonate along with their contact details
  • The report provides detailed pricing analysis based on form and key players
  • The report offers Porter’s five forces analysis to highlight the power of buyers and suppliers
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