The global barium carbonate market is projected to expand at a firm 4.8% CAGR during the forecast period between 2022 and 2032 finds Future Market Insights (FMI) in a recent market analysis. Barium carbonate is an inorganic compound, which is usually white in color and insoluble in water.

For Industrial usage, it is manufactured from barium sulfide with the treatment of sodium carbonate, although it occurs naturally and is known as Witherite. It is one of the most important compounds of Barium. Barium carbonate plays a vital role across diverse end-use industries such as construction, ceramics, electronics & others.

In the manufacturing of tiles, bricks, and blocks it is used which is further utilized in the building & construction industry. The growing construction & building industry is expected to favor the growth of the barium carbonate market. To prevent scumming in tiles & bricks, barium carbonate is used.

These tiles & bricks are extensively used in the construction industry hence growing construction activities are expected to increase the demand for barium carbonate. Apart from this, the electronics & ceramics industry also uses barium carbonate up to a certain extent. It is used in television glass, special glass, magnets, electrodes, enamels, and others.

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Competitive Landscape         

Key market participants of the barium carbonate market elaborated in the report include SAKAI CHEMICAL INDUSTRY CO., LTD., SHAANXI ANKANG JIANGHUA GROUP CO., LTD, Chemical Products Corporation, Kandelium, Honeywell International Inc., Akshaya Minerals & Chemicals, Nippon Chemical Industrial Co., Ltd, AG Chemi Group, Hubei Jingshan Chutian Barium Salt Corporation Ltd., Hebei Xinji Chemical Group Co. Ltd., Zaozhuang Yongli Chemicals Co., Ltd, Barium & Chemicals and others.

Market players are strengthening their footprint by expanding their production capacity. Barium carbonate is in high demand in a variety of end-use industries including construction, ceramics, and others. Considering this, a few companies have acquired other players to broaden their reach. This will aid in the expansion of their product portfolio and global footprint.

Barium Carbonate Market By Category

By Product Form:

• Granular
• Powder
• Ultra-Fine

By Application:

• Bricks & Tiles
• Specialty Glass
• Glazes
• Enamel
• Electro Ceramic
• Others

By End-Use Industry:

• Construction
• Ceramics
• Oil & Gas
• Electronics
• Others

“Over the assessment period, sales of barium carbonate are expected to be driven by the growing construction & ceramics industry across the globe followed by demand from the oil & gas and electronics industries,” says an FMI analyst.