Barium Sulfate Market to Reach USD 1.9 Billion by 2028

Vantage Market Research

Nov 11, 2021

According to analysts at Vantage Market Research, the Barium Sulfate Market is expected to reach USD 1.9 Billion by 2028, growing at a CAGR of 6.9 % between 2021 to 2028. Use in industries like paints covering, dye, paper, plastic, elastic, ink, ceramic, leather, due to low oil assimilation, high consuming point, insolubility in water, exact PH esteem, longer shelf life, non-poisonousness, and adequacy, is helping the market growth.

Key Findings:

Barium Sulfate can be utilized adequately for modern paints, polishes, and plastic material additionally can be used effectively in glues, covering, and sealants. Growing application from the expanding use of barium sulfate items. Barium sulfate is relied upon to show a huge growth over the projected duration.

North America is expected to record the highest CAGR, owing to the increasing demand in countries, such as the U.S., Canada, and Mexico, coupled with the growth of the region's overall barium sulfate market. An expanding inclination for plastic items among customers is driving this market around the world. Barium makers are focusing on the coatings industry for exchange. Because of the coatings and elastic businesses, the barium sulfate market is probably going to grow.


Some of the key players in the barium sulfate market include Xinji Chemical, Nadine, Solvay, Sakai Chem, Nippon Chemical Industry, Lianzhuang technology, Jiaxin Chem, Barium & Chemicals, Cimbar, Redstar, Onmillion Nano Material, Huntsman, Fuhua Chem, among others.  The market is comprised of a high degree of competition due to the presence of numerous key players. Manufacturers are focusing on opting for various inorganic growth strategies such as acquisitions, mergers, and geographical expansion to leverage their market share and gain a competitive advantage.. 

Barium Sulfate Market Size, Share & Trends Analysis Report by Type (Precipitated , Other Types) by End-Use (Plastics Industry, Rubber Industry, Paint & Coatings, Pharmaceuticals Industry, Other End-Uses) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2017 - 2022) & Forecast (2023 - 2030)