Chicago, IL -- (SBWIRE) -- 07/28/2017 -- Barium is a soft silvery metallic alkaline earth metal with a chemical symbol of Ba. It is a highly chemical reactive element and found in nature abundantly in mineral form such as a barium sulfate and barium carbonate. The other Barium derivatives are barium chloride, barium nitrate, barium titanate, and barium oxide. Barium is widely used in drilling fluids, metal alloys, paints and coatings, rubber and in many other industries. China, India, U.S. and Morocco dominate the market with 80% of total global production of Barium sulfate.

The report on the global barium market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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KEY PREMIUM INDUSTRY INSIGHTS

The key reasons driving the growth of the Barium market includes increasing demand for alloys in various end use industries and increasing demand from paints and varnishes industries supported by rapidly growing construction industry.

Demand from the Asia-Pacific region is one of the key growth opportunity drivers for this market.

However, factors like high reactivity of Barium may hamper the growth of the Barium market.

MARKET SEGMENTATION

This report analyzes the barium market by the following segments:

1. Barium Market, by Derivative
2. Barium Sulfate
3. Barium Chloride
4. Barium Nitrate
5. Barium Titanate
6. Barium Oxide
7. Barium Carbonate
8. Others

Barium Market, by End-User

1. Drilling Fluid
2. Metal Alloys
3. Paints and Coatings
4. Plastics
5. Rubbers
6. Vacuum Tube
7. Inks
8. Others

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