According to a market report by Lucintel, the future of the barium sulphate market looks promising with opportunities in the paints and coating, plastic, ink, and rubber industries. The global barium sulphate market is expected to grow with a CAGR of 4% from 2021 to 2026. The major drivers for this market are growth in the building and construction sector and increasing use of plastics in the packaging industry.
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In this market, different types of barium sulphate, such as, precipitated barium sulfate, modified barium sulfate, and nanometer precipitated barium sulfate, are used in a wide range of industries.
Within the barium sulphate market, plastics will remain the largest application segment and witness the highest growth during the forecast period due to increasing demand for plastic based products among consumers, which in turn uses barium sulphate as filler for manufacturing of polystyrene and polypropylene.
Asia Pacific will remain the largest region during the forecast period due to growing industrialization in the emerging countries.
Shenzhou Jiaxin Chemical, Sachtleben Chemie GmbH, Redstar, Shanxi Fuhua Chem, Long Fu Group, Onmillion Nano Material, Xingtang Xuri Chemical, Hoten, Lianzhuang Technology, Cimbar, Sakai Chem, and Solvay are among the major barium sulphate manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global barium sulphate market by type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Barium Sulphate Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global barium sulphate market by type, application, and region as follows:
By Type [Kilotons and $M shipment analysis for 2015 – 2026]:
Precipitated Barium Sulfate
Modified Barium Sulfate
Nanometer Precipitated Barium Sulfate
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Paint and Coatings
Plastics
Rubber
Ink
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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