Global Barium Derivatives Market: Information by Type (Barium Carbonate, Barium Sulfate, Barium Chloride, Barium Nitrate, Barium Titanate, Barium Oxide, and Others), End Use (Mining, Metal Alloy, Explosive, Construction, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)—Forecast till 2025
ID: MRFR/CnM/2746-HCR | February 2021 | Region: Global | 140 pages
Market Synopsis
The global barium derivatives market in terms of volume is expected to surpass 2.21 million tons by 2025 with a CAGR of over 4.5% during the forecast period. Barium derivatives is a chemical element which is used in metallurgy, mining, and chemical production. It is also used as pigments in paints for automotive coatings, a significant share of barium sulfate is used in oil & gas exploration activities. In addition, barium compounds, including barium carbonate, and barium sulfate, are used in the rubber, plastics, pharmaceuticals, cosmetics, textile, and electronics industries, as well as used lubricant additive.
The barium derivatives are used as a wetting agent for drilling mud in oil & gas industry. The oil & gas industry uses barium derivatives as a significant fluid for drilling oil & gas. High dependency of end-use industries such as automotive, consumer goods, aerospace, and electronics on petroleum-based products is increasing oil & gas production, which is positively influencing the application of barium derivatives. Rising investment in exploration and production of unconventional resources has increased the use of hydraulic fracturing technology in the oil and gas industry, thus surging the need of barium derivatives in the oil & gas industry. The growth of the oil and gas industry is mainly driven by an increase in demand for energy mostly in India and China on account of the expansion of various industries. According to Organization of the Petroleum Exporting Countries (OPEC), oil and gas collectively are expected to continue to cater to more than half of the global energy needs by 2040, which is projected to propel the growth of the global barium derivatives market during the assessment period.
Global Barium Derivatives Market Share, by End Use, 2018 (%)
Source: MRFR analysis
Regional Analysis
North America barium derivatives market is expected to register significant demand owing to the rise in oil & gas exploration activities in the region on account of strong government support. The US is the leading petrochemical market with growing oil & gas production in the country. Thus a high demand for oil & gas is projected to fuel the global barium derivative market.
Europe barium derivatives market is driven by high demand in the manufacturing of pigments for automotive coatings. Presence of a large number of automotive manufacturers in the region is expected to drive the demand for barium derivatives in automotive coatings during the forecast period. The Asia-Pacific barium derivative market dominates the region; China is the largest producer of barite. High production in the region, as well as growing consumption in textile and construction, is expected to drive the demand for barium derivatives in the region. The Latin America market is projected to register healthy growth owing to the high demand for petrochemicals and electronic. Growing oil production in Mexico and expanding automotive production is expected to drive market growth during the review period.
Middle East & Africa market is estimated to witness steady growth due to growing end-use industries such as construction, and the metal alloy is driving barium derivative market.
Market Segmentation
The global barium derivatives market has been segmented based on type, end use, and region. Based on type, the global market has been divided into barium carbonate, barium sulfate, barium chloride, barium nitrate, barium titanate, barium oxide, and others. The barium carbonate is expected to be a leading segment owing to its application in mining, construction, and metal alloying. On the basis of end-use, the global market has been categorized as mining, metal alloy, explosive, construction, and others. The mining segment is projected to exhibit exponential growth during the forecast period.
Key Players
Some of the prominent players in the global barium derivatives market are Solvay SA (Belgium), Vishnu Chemicals (India), Gemme Corp (China), AG CHEMI GROUP SRO (Czech Republic), Alliance Global (India), Norkem (England), BASF SE (Germany), JIGCHEM UNIVERSAL (China), ProChem, Inc (US), TPL, Inc., (Mexico), IBC LTD (India), and Toronto Research Chemicals (Canada).
Intended Audience
- Barium derivatives chemical manufacturers
- Traders and distributors of barium derivatives
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
Frequently Asked Questions (FAQ) :
Global Barium Derivatives Market is projected to grow at a 4.5% CAGR between 2019-2024.
Global Barium Derivatives Market is predicted to touch USD 2.21 million by 2024.
North America is expected to dominate the Barium Derivatives Market.
Global Barium Derivatives Market finds wide applications in metal alloying, construction, and mining.
Key players profiled in the Barium Derivatives Market include Toronto Research Chemicals (Canada), IBC LTD (India), TPL, Inc., (Mexico), ProChem, Inc (US), JIGCHEM UNIVERSAL (China), BASF SE (Germany), Norkem (England), Alliance Global (India), AG CHEMI GROUP SRO (Czech Republic), Gemme Corp (China), Vishnu Chemicals (India), and Solvay SA (Belgium).
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 End Use
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5 Industry Overview of the Global Barium Derivatives Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Barium Derivatives Market, by Type
7.1 Introduction
7.2 Barium Carbonate
7.2.1. Market Estimates & Forecast, 2019–2024
7.2.2. Market Estimates & Forecast, by Region, 2019–2024
7.3 Barium Sulfate
7.3.1 Market Estimates & Forecast, 2019–2024
7.3.2 Market Estimates & Forecast, by Region, 2019–2024
7.4 Barium Chloride
7.4.1 Market Estimates & Forecast, 2019–2024
7.4.2 Market Estimates & Forecast, by Region, 2019–2024
7.5. Barium Nitrate
7.5.1 Market Estimates & Forecast, 2019–2024
7.5.2 Market Estimates & Forecast, by Region, 2019–2024
7.6 Barium Titanate
7.6.1 Market Estimates & Forecast, 2019–2024
7.6.2 Market Estimates & Forecast, by Region, 2019–2024
7.7 Barium Oxide
7.7.1 Market Estimates & Forecast, 2019–2024
7.7.2 Market Estimates & Forecast, by Region, 2019–2024
7.8. Others
7.8.1 Market Estimates & Forecast, 2019–2024
7.8.2 Market Estimates & Forecast, by Region, 2019–2024
8. Global Barium Derivatives Market, by End Use
8.1 Introduction
8.2 Mining
8.2.1 Market Estimates & Forecast, 2019–2024
8.2.2 Market Estimates & Forecast, by Region, 2019–2024
8.3 Metal Alloy
8.3.1 Market Estimates & Forecast, 2019–2024
8.3.2 Market Estimates & Forecast, by Region, 2019–2024
8.4 Explosive
8.4.1 Market Estimates & Forecast, 2019–2024
8.4.2 Market Estimates & Forecast, by Region, 2019–2024
8.5 Construction
8.5.1 Market Estimates & Forecast, 2019–2024
8.5.2 Market Estimates & Forecast, by Region, 2019–2024
8.6 Others
8.6.1 Market Estimates & Forecast, 2019–2024
8.6.2 Market Estimates & Forecast, by Region, 2019–2024
9. Global Barium Derivatives Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, 2019–2024
9.2.2 Market Estimates & Forecast by Type, 2019–2024
9.2.5 Market Estimates & Forecast by End Use, 2019–2024
9.2.6 US
9.2.6.1 Market Estimates & Forecast, 2019–2024
9.2.6.2 Market Estimates & Forecast by Type, 2019–2024
9.2.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.2.7 Canada
9.2.7.1 Market Estimates & Forecast, 2019–2024
9.2.7.2 Market Estimates & Forecast by Type, 2019–2024
9.2.7.5 Market Estimates & Forecast by End Use, 2019–2024
9.3 Europe
9.3.1 Market Estimates & Forecast, 2019–2024
9.3.2 Market Estimates & Forecast by Type, 2019–2024
9.3.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.6 Germany
9.3.6.1 Market Estimates & Forecast, 2019–2024
9.3.6.2 Market Estimates & Forecast by Type, 2019–2024
9.3.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.7. France
9.3.7.1 Market Estimates & Forecast, 2019–2024
9.3.7.2 Market Estimates & Forecast by Type, 2019–2024
9.3.7.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.8 Italy
9.3.8.1 Market Estimates & Forecast, 2019–2024
9.3.8.2 Market Estimates & Forecast by Type, 2019–2024
9.3.8.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.9 Spain
9.3.9.1 Market Estimates & Forecast, 2019–2024
9.3.9.2 Market Estimates & Forecast by Type, 2019–2024
9.3.9.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.10 UK
9.3.10.1 Market Estimates & Forecast, 2019–2024
9.3.10.2 Market Estimates & Forecast by Type, 2019–2024
9.3.10.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.9 Russia
9.3.9.1 Market Estimates & Forecast, 2019–2024
9.3.9.2 Market Estimates & Forecast by Type, 2019–2024
9.3.9.5 Market Estimates & Forecast by End Use, 2019–2024
9.3.12 Netherlands
9.3.12.1 Market Estimates & Forecast, 2019–2024
9.3.12.2 Market Estimates & Forecast by Type, 2019–2024
9.3.12.3 Market Estimates & Forecast by End Use, 2019–2024
9.3.13 Rest of Europe
9.3.13.1 Market Estimates & Forecast, 2019–2024
9.3.13.2 Market Estimates & Forecast by Type, 2019–2024
9.3.13.5 Market Estimates & Forecast by End Use, 2019–2024
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, 2019–2024
9.4.2 Market Estimates & Forecast by Type, 2019–2024
9.4.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.6 China
9.4.6.1 Market Estimates & Forecast, 2019–2024
9.4.6.2 Market Estimates & Forecast by Type, 2019–2024
9.4.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.7 India
9.4.7.1 Market Estimates & Forecast, 2019–2024
9.4.7.2 Market Estimates & Forecast by Type, 2019–2024
9.4.7.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.8 Japan
9.4.8.1 Market Estimates & Forecast, 2019–2024
9.4.8.2 Market Estimates & Forecast by Type, 2019–2024
9.4.8.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.9 Australia
9.4.9.1 Market Estimates & Forecast, 2019–2024
9.4.9.2 Market Estimates & Forecast by Type, 2019–2024
9.4.9.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.10 Malaysia
9.4.10.1 Market Estimates & Forecast, 2019–2024
9.4.10.2 Market Estimates & Forecast by Type, 2019–2024
9.4.10.5Market Estimates & Forecast by End Use, 2019–2024
9.4.9 South Korea
9.4.9.1 Market Estimates & Forecast, 2019–2024
9.4.9.2 Market Estimates & Forecast by Type, 2019–2024
9.4.9.5 Market Estimates & Forecast by End Use, 2019–2024
9.4.12 Rest of Asia-Pacific
9.4.12.1 Market Estimates & Forecast, 2019–2024
9.4.12.2 Market Estimates & Forecast by Type, 2019–2024
9.4.12.5Market Estimates & Forecast by End Use, 2019–2024
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, 2019–2024
9.5.2 Market Estimates & Forecast by Type, 2019–2024
9.5.5 Market Estimates & Forecast by End Use, 2019–2024
9.5.6 Saudi Arabia
9.5.6.1 Market Estimates & Forecast, 2019–2024
9.5.6.2 Market Estimates & Forecast by Type, 2019–2024
9.5.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.5.7 UAE
9.5.7.1 Market Estimates & Forecast, 2019–2024
9.5.7.2 Market Estimates & Forecast by Type, 2019–2024
9.5.7.5 Market Estimates & Forecast by End Use, 2019–2024
9.5.8 Africa
9.5.8.1 Market Estimates & Forecast, 2019–2024
9.5.8.2 Market Estimates & Forecast by Type, 2019–2024
9.5.8.5Market Estimates & Forecast by End Use, 2019–2024
9.5.9 Rest of the Middle East & Africa
9.5.9.1 Market Estimates & Forecast, 2019–2024
9.5.9.2 Market Estimates & Forecast by Type, 2019–2024
9.5.9.5 Market Estimates & Forecast by End Use, 2019–2024
9.6 Latin America
9.6.1 Market Estimates & Forecast, 2019–2024
9.6.2 Market Estimates & Forecast by Type, 2019–2024
9.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.6.4 Brazil
9.6.4.1 Market Estimates & Forecast, 2019–2024
9.6.4.2 Market Estimates & Forecast by Type, 2019–2024
9.6.4.5 Market Estimates & Forecast by End Use, 2019–2024
9.6.5 Argentina
9.6.5.1 Market Estimates & Forecast, 2019–2024
9.6.5.2 Market Estimates & Forecast by Type, 2019–2024
9.6.5.5 Market Estimates & Forecast by End Use, 2019–2024
9.6.6 Mexico
9.6.6.1 Market Estimates & Forecast, 2019–2024
9.6.6.2 Market Estimates & Forecast by Type, 2019–2024
9.6.6.5 Market Estimates & Forecast by End Use, 2019–2024
9.6.7 Rest of Latin America
9.6.7.1 Market Estimates & Forecast, 2019–2024
9.6.7.2 Market Estimates & Forecast by Type, 2019–2024
9.6.7.5 Market Estimates & Forecast by End Use, 2019–2024
10. Competitive Landscape
10.1 Introduction
10.2 Market Key Strategies
10.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Agreements/Investments)
11. Company Profiles
11.1 Solvay SA
11.1.1 Company Overview
11.1.2 Financial Updates
11.1.3 Product/Business Segment Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategies
11.2 Vishnu Chemicals
11.2.1 Company Overview
11.2.2 Financial Updates
11.2.3 Product/Business Segment Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 Gemme Corp
11.3.1 Company Overview
11.3.2 Financial Updates
11.3.3 Product/Business Segment Overview
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 AG CHEMI GROUP SRO
11.4.1 Company Overview
11.4.2 Financial Updates
11.4.3 Product/Business Segment Overview
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategies
11.5 Alliance Global
11.5.1 Company Overview
11.5.2 Financial Updates
11.5.3 Product/Business Segment Overview
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategies
11.6 Norkem
11.6.1 Company Overview
11.6.2 Financial Updates
11.6.3 Product/Business Segment Overview
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategies
11.7 BASF SE
11.7.1 Company Overview
11.7.2 Financial Updates
11.7.3 Product/Business Segment Overview
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategies
11.8 Jigchem Universal
11.8.1 Company Overview
11.8.2 Financial Updates
11.8.3 Product/Business Segment Overview
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategies
11.9 ProChem, Inc.
11.9.1 Company Overview
11.9.2 Financial Updates
11.9.3 Product/Business Segment Overview
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Key Strategies
11.10 TPL, Inc.
11.10.1 Company Overview
11.10.2 Financial Updates
11.10.3 Product/Business Segment Overview
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Key Strategies
11.11 IBC LTD
11.11.1 Company Overview
11.11.2 Financial Updates
11.11.3 Product/Business Segment Overview
11.11.4 Key Developments
11.11.5 SWOT Analysis
11.11.6 Key Strategies
11.12 Toronto Research Chemicals
11.12.1 Company Overview
11.12.2 Financial Updates
11.12.3 Product/Business Segment Overview
11.12.4 Key Developments
11.12.5 SWOT Analysis
11.12.6 Key Strategies
12. Conclusion
LIST OF TABLES
Table 1 Global Barium Derivatives Market, by Region, 2019–2024
Table 2 North America: Barium Derivatives Market, by Country, 2019–2024
Table 3 Europe: Barium Derivatives Market, by Country, 2019–2024
Table 4 Asia-Pacific: Barium Derivatives Market, by Country, 2019–2024
Table 5 Middle East & Africa: Barium Derivatives Market, by Country, 2019–2024
Table 6 Latin America: Barium Derivatives Market, by Country, 2019–2024
Table 7 Barium Derivatives Type Market, by Region, 2019–2024
Table 8 North America: Barium Derivatives Type Market, by Country, 2019–2024
Table 9 Europe: Barium Derivatives Type Market, by Country, 2019–2024
Table 10 Asia-Pacific: Barium Derivatives Type Market, by Country, 2019–2024
Table 11 Middle East & Africa: Barium Derivatives Type Market, by Country, 2019–2024
Table 12 Latin America: Barium Derivatives Type Market, by Country, 2019–2024
Table 11 Barium Derivatives End Use Market, by Region, 2019–2024
Table 14 North America: Barium Derivatives End Use Market, by Country, 2019–2024
Table 15 Europe: Barium Derivatives End Use Market, by Country, 2019–2024
Table 16 Asia-Pacific: Barium Derivatives End Use Market, by Country, 2019–2024
Table 17 Middle East & Africa: Barium Derivatives End Use Market, by Country, 2019–2024
Table 18 Latin America: Barium Derivatives End Use Market, by Country, 2019–2024
Table 19 Global Barium Derivatives Type Market, by Region, 2019–2024
Table 20 Global Barium Derivatives End Use Market, by Region, 2019–2024
Table 21 North America: Barium Derivatives Market, by Country, 2019–2024
Table 22 North America: Barium Derivatives Market, by Type, 2019–2024
Table 23 North America: Barium Derivatives Market, by End Use, 2019–2024
Table 24 Europe Barium Derivatives Market, by Country, 2019–2024
Table 25 Europe Barium Derivatives Market, by Type, 2019–2024
Table 26 Europe Barium Derivatives Market, by End Use, 2019–2024
Table 27 Asia-Pacific Barium Derivatives Market, by Country, 2019–2024
Table 28 Asia-Pacific Barium Derivatives Market, by Type, 2019–2024
Table 29 Asia-Pacific Barium Derivatives Market, by End Use, 2019–2024
Table 30 Middle East & Africa: Barium Derivatives Market, by Country, 2019–2024
Table 31 Middle East & Africa: Barium Derivatives Market, by Type, 2019–2024
Table 32 Middle East & Africa: Barium Derivatives Market, by End Use, 2019–2024
Table 33 Latin America: Barium Derivatives Market, by Country, 2019–2024
Table 34 Latin America: Barium Derivatives Market, by Type, 2019–2024
Table 35 Latin America: Barium Derivatives Market, by End Use, 2019–2024
LIST OF FIGURES
FIGURE 1 Barium Derivatives Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Barium Derivatives Market
FIGURE 4 Supply Chain of Barium Derivatives Market
FIGURE 5 Share of Barium Derivatives Market, by Country, 2018 (%)
FIGURE 6 Global Barium Derivatives Market, 2019–2024
FIGURE 7 Sub-Segments of Type
FIGURE 9 Barium Derivatives Market size, by Type, 2018 (%)
FIGURE 10 Share of Barium Derivatives Market, by Type, 2019–2024
FIGURE 17 Sub Segments of End Use
FIGURE 18 Barium Derivatives Market size, by End Use, 2018 (%)
FIGURE 19 Share of Barium Derivatives Market, by End Use, 2019–2024
