New York, NY -- (SBWIRE) -- 04/19/2017 -- 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 966 Thousand Tons in 2016 and is further expected to reach 1211 Thousand Tons by 2022. Rising construction and infrastructural activities along with refurbishments have augmented the demand for barium carbonate globally.
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Key findings from the report:
Various end-uses of barium carbonate are in the manufacturing of glass, brick and clay, barium ferrites, photographic paper coatings and others. In 2016, glass manufacturing was the biggest end-use of barium carbonate, where it is used either to increase the refractive index or to provide radiation shielding in cathode-ray and television tubes.
Region-wise, China dominated the market with a share of more than 75% of the total global barium carbonate production in 2016. It was followed by Japan and Others.
The global barium carbonate market is highly fragmented in nature with a number of players operating. Some of the key players include Qingdao Red Star Chemical Import and Export, Hebei Xinji chemical group co ltd, Solvay & CPC Barium Strontium GmbH & Co, Osram Sylvania Products Inc., Sakai Chemical Industry Co Ltd, Bass Tech International, Hubei Jingshan Chutian Barium Salt Corp. Ltd, Shaanxi Ankang Jianghua Group co ltd and Hengyang Wanfeng Chemical CO., Ltd.
Expert Market Research has analysed the global barium carbonate market according to end-use, major regions and top players:
Market breakup by End-use
Brick and clay
Photographic Paper Coatings
Market breakup by Region
Qingdao Red Star Chemical Import and Export
Hebei Xinji chemical group co ltd
Solvay & CPC Barium Strontium GmbH & Co
Osram Sylvania Products Inc.
Sakai Chemical Industry Co Ltd
Bass Tech International
Hubei Jingshan Chutian Barium Salt Corp. Ltd
Shaanxi Ankang Jianghua Group co ltd
Hengyang Wanfeng Chemical CO., Ltd.
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