The global demand for Precipitated Barium Sulphate Market is presumed to reach the market size of nearly USD 1244.1 MN by 2030 from USD 792.44 MN in 2022 with a CAGR of 5.8% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2023-2030.
Precipitated Barium Sulphate or Blanc Fixe is a chemical compound made up of barium, sulfur, and oxygen, with the chemical formula BaSO4. It is a white, odourless, and insoluble powder that is used in industries, including paints, coatings, plastics, rubber, and ceramics. Precipitated Barium Sulphate is produced through a precipitation process, which involves combining barium sulfide with sulfuric acid to form a barium sulfate precipitate. The precipitate is then washed, dried, and milled into a fine powder.
Precipitated barium sulfate is widely used as a filler and extender in the paints and coatings industry, where it improves opacity, brightness, and resistance to water, chemicals, and UV light. The growing demand for high-quality paints and coatings is driving the precipitated barium sulfate market demand. Moreover, it acts as a filler in the plastics and rubber industry, where it improves the strength, stiffness, and dimensional stability of the final product. The plastics and rubber industry growth is also boosting the precipitated barium sulfate demand. Precipitated barium sulfate is used as a raw material in the production of high-quality ceramics, which helps to improve the density, hardness, and strength of the ceramic material. The growing demand for high-quality ceramics is driving the demand for precipitated barium sulfate. This sulfate is also used as a weighting agent in the process of drilling fluids in the oil and gas industry. The oil and gas industry growth, particularly in developing countries, is driving the demand for precipitated barium sulfate. New production techniques of precipitated barium sulfate, such as the use of waste streams from other industries, are making it easier and more cost-effective to produce precipitated barium sulfate, driving the demand for the compound. Precipitated barium sulfate has several benefits, including improving the properties of paints, coatings, plastics, rubber, and ceramics. As awareness of these benefits grows, the demand for precipitated barium sulfate is also increasing.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of precipitated barium sulphate. The growth and trends of Precipitated Barium Sulphate Industry provide a holistic approach to this study.
This section of the precipitated barium sulphate market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Particle Size
By Application
This section covers the regional outlook, which accentuates current and future demand for the Precipitated Barium Sulphate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the precipitated barium sulphate market include Merck KGaA, Alfa Aesar, Solvay SA, Huntsman Corporation, Guizhou Redstar Development Co. Ltd., Sakai Chemical Industry Co. Ltd., Nafine Chemical Industry Group Co. Ltd., Anglo Pacific Minerals Ltd., Nippon Chemical Industrial Co. Ltd., IBC Limited, The Kish Company Inc., Shenzhou Jiaxin Chemical Co. Ltd., Qingado Redbutterfly Precision Materials Co. Ltd., Hebei Xinji Chemical Group Co. Ltd., Zhushan County Qinba Barium Salt Co. Ltd., Cimbar Performance Minerals Inc., Gemme Corp Inc., Shaanxi Fuhua Chemical Co. Ltd., Shanghai Weiyi Industrial Co. Ltd., Shanghai Liangjiang Titanium Chemical Co. Ltd., Barium and Chemicals Inc., Berckland Scientific Supplies Ltd., Shanghai Loman Chemical Co. Ltd., HongShaung Chem, Foshan Onmillion Nano Materials Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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