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Barium Carbonate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22939
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Barium Carbonate Prices March 2024
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Barium Carbonate | Chemical | Korea | 88000 USD/MT |
In March 2024, the price of barium carbonate in Korea settled at 88000 USD/MT.
Barium Carbonate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Barium Carbonate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of barium carbonate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of barium carbonate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of barium carbonate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing barium carbonate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Barium Carbonate Market Analysis
The global barium carbonate market size reached US$ 661.6 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1079.8 Million, at a projected CAGR of 5.40% during 2023-2032.
- Rising product demand in the glass industry is an important factor supporting the market expansion. Barium carbonate is used as a fluxing agent in the glass industry, which helps to improve the quality and transparency of glass products. Also, the increasing production of specialty glass and the growing demand for high-quality glass in various applications are further strengthening the market share. The industry for advanced glass is currently valued at US$ 73.3 billion. It is expected to reach USD 110.7 billion by 2032, expanding at a pace of 4.54%.
- The expansion of the ceramics industry is further bolstering the product demand. It is anticipated that this business will expand at a yearly pace of 6.37% to reach US$ 311.7 billion by 2032. In order to improve the qualities of ceramic goods, barium carbonate is an essential component in the ceramics industry. Additionally, the expanding construction sector and the rising demand for decorative ceramics are also contributing to the demand for this compound.
- The widespread product adoption in the electronics industry for the production of capacitors, magnetic materials, and other electronic components. The electronics industry is growing rapidly all over the world. Currently, the Indian electronics market is valued at $155 billion, of which 65% is attributed to domestic manufacture. Moreover, there are 6.84 billion smartphones in use worldwide. As this business expands rapidly due to technological developments and growing customer demand, the need for barium carbonate will also surge in parallel.
- The rising number of environmental regulations are facilitating the demand for this chemical. It is used in the treatment of industrial effluents and wastewater to remove sulfates and other contaminants. Stricter environmental regulations and the need for effective wastewater treatment solutions are driving the product demand.
- Increasing chemical demand in the brick and tile industry is further strengthening the market share. Barium carbonate is used to prevent efflorescence in bricks and tiles, which enhances their appearance and durability. Also, the growth of the construction industry and the rising demand for high-quality building materials are contributing to the market expansion. The World Bank estimates that nations spend 11.9% of their GDP (gross domestic product) on building projects. Furthermore, it is anticipated that the real estate sector will expand by 1.9% between 2024 and 2032.
Barium Carbonate News
The report covers the latest developments, updates, and trends impacting the global barium carbonate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in barium carbonate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the barium carbonate price trend.
Latest developments in the barium carbonate industry:
- In July 2023, Vishnu Chemicals declared that it has paid Rs 26 crores to buy a 100% ownership share in Ramadas Minerals, a company situated in Chennai. Higher-grade barium, which is required to create barium compounds, is produced by Ramadas Minerals, which is renowned for having an efficient beneficiation plant.
Product Description
Barium carbonate (BaCO₃) is an inorganic compound that appears as a white crystalline powder. It is widely used in various industries due to its chemical properties and versatility. The compound is insoluble in water but soluble in acids, making it suitable for a range of applications. Its physical properties include molecular weight (197.34 g/mol), density (4.286 g/cm³), and melting point (811°C (1,492°F)).
This chemical is prepared by direct precipitation from barium hydroxide and carbon dioxide. Other preparation involves the reaction of barium sulfide with sodium carbonate. This compound is employed in the production of glass, ceramics, electronics, chemicals, bricks, and tiles. Barium carbonate is a versatile, cost-effective, and durable chemical that enhances the quality and properties of the final products.
Regional Coverage
The report provides a detailed analysis of the barium carbonate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the barium carbonate price trend.
Global Barium Carbonate Price
The report offers a holistic view of the global barium carbonate pricing trends in the form of barium carbonate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of barium carbonate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed barium carbonate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Barium Carbonate Price
European barium carbonate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed barium carbonate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Barium Carbonate Price
The analysis of barium carbonate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific barium carbonate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Barium Carbonate Price
The report explores the barium carbonate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on barium carbonate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Barium Carbonate Price
The barium carbonate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This barium carbonate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Barium Carbonate Price
The analysis of barium carbonate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Barium Carbonate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Barium Carbonate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of barium carbonate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting barium carbonate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The barium carbonate price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
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- For further assistance, please connect with our analysts.
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