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Barium Carbonate

Barium Carbonate Price Trend and Forecast

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Barium Carbonate Price Trend and Forecast

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Market Overview

For the Quarter Ending September 2021

North America

During Q3 of 2021, prices of Barium Carbonate attained tremendous gains after the resumption of industrial and commercial activities which eventually led to the improvement in the offtakes from the downstream industries. Additionally, the production rate and the supply chain in the US region was disrupted during this timeframe in effect of the Ida hurricane that made landfall in the Gulf Coast of US in August end. Besides, surging demand from the downstream industries such as construction, ceramics and electronic sector kept the market high during this period.

Asia Pacific

In Asia Pacific, Barium Carbonate market witnessed an upward rally during the third quarter of 2021. China is the largest exporter of Barium Chloride and factors such as congestion on several ports as well as lower production rates due to energy crisis led to the scarcity of the product in the Asian market and consequently fumed its prices in this timeframe. Moreover, crippled availability of shipping containers and high freight charges also sent ripples to the cost of Barium Chloride in Asia Pacific. In India, Barium Carbonate showcased surge in the prices during the third quarter backed by the limited availability and high demand from both the domestic as well as international markets.

Europe

In Europe, prices of Barium Carbonate showcased mixed sentiments during the third quarter of 2021. In the beginning of the quarter, prices attained stability with improvement in the production levels as well as ease in logistics. However, in the later half, prices of Barium Carbonate shot up due to delayed imports that led to constraint availability of the product amidst high demand. Moreover, spiraling freight charges and limited availability of shipping containers further contributed to the pricing trend of Barium Carbonate in this quarter.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Barium Carbonate is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Barium Carbonate market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Barium Carbonate manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Barium Carbonate market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Barium Carbonate market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Barium Carbonate are analyzed and region-wise demand pattern is tracked.

About

Barium Carbonate is an organic solid compound having chemical formula BaCO₃and it is also known as witherite. It is a white colored, odorless, very toxic powder that is soluble in ethanol, acids except the Sulphuric acid but barely soluble in water. Commercially Barium Carbonate is produced from soda ash method in which aqueous solution of barium sulfide is reacted with sodium carbonate at 60 to 70 °C followed by precipitation with CO2. Barium Carbonate is prominently used in the ceramics industry to make ceramics products as an ingredient in glazes. It is also widely used as a rodenticide and finds application in oil drilling, photographic paper coatings, tiles, bricks and clays, television picture tubes, capacitors, electronic ceramics, fibre optical glass etc. Barium Carbonate is a key ingredient in the production of Barium Oxide and Barium Peroxide. Further, it is also used to remove sulfate impurities from feedstock of the chlor-alkali process.

Product Specific Details

CAS No:	513-77-9
HS Code:	28366000
Grade:	NA
Contract Size:	50 MT
Packaging Type:	Bag

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Countries Covered:

• China

• Japan

• India

• South Korea

• Singapore

• Germany

• France

• Belgium

• USA

• Brazil

• Saudi Arabia

• UAE

• South Africa

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Barium Carbonate Price Trend and Forecast