Global Barium Nitrate Market Is Expected to Reach $3,923 Million by 2024, Says Variant Market Research
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Barium Nitrate Market ď ľ
Global Barium Nitrate Market is estimated to reach $3,923 million by 2024; growing at a CAGR of 5.9% from 2016 to 2024. Barium nitrate, Ba(NO3)2 is a salt composed of barium and the nitrate ion. Barium nitrate is normally a white solid at room temperature. It is soluble in water, and similar to other soluble barium compounds, is toxic. Barium nitrate occurs naturally as the very rare mineral nitrobarite. Barium nitrate could be manufactured by two processes. The first process requires a heated solution of sodium nitrate which is combined with barium chloride, resulting in separation of barium nitrate crystals from the mixture. In the second process, it requires dissolving small lumps of barium carbonate in nitric acid, letting iron impurities to precipitate, then filter, evaporate, and crystallize. Barium nitrate properties makes it fit for use in various military applications, including incendiary ammunition and thermite grenades.
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Global Barium Nitrate Market Size and Forecast 2015 - 2024
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Barium Nitrate Market ď ľ
The global barium nitrate market is mainly driven by the growing demand from the fireworks/pyrotechnics industry accompanied by their increasing use in military applications across the globe. However, toxic nature of barium nitrate is the major hindrance for the market. Moreover, expanding glass industry, and rising demand for ceramic powder used for manufacturing of semiconductor devices and passive electronic components such as capacitors is further expected to generate growth opportunities for the market in the forecast period.
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The global barium nitrate market is mainly classified on the basis of end-users and geography. The classification by end-users includes fireworks/pyrotechnics, glass/ceramics, and other end-users.
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Global Barium Nitrate Market by End Users
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Top Key Players
Basstech International LLC
Barium Chemicals Co. Ltd.
Solvay S. A.
Degussa AG
Sakai Chemical Industry Co. Ltd.
Tennants Distribution Ltd.
Sigma Aldrich Corporation
San Yuan Chemical Co. Ltd.
Angene International Limited and
Jiaocheng Sanxi Chemical Co., Ltd, among others.
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Barium Nitrate Market Regional Revenue
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The key takeaways from the report
The report will provide detailed analysis of Barium Nitrate Market with respect to major segment such as end-users, and geography
The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Barium Nitrate Market has been included in the report
Profile of the key players in the Barium Nitrate Market will be provided, which include key financials, product & services, new developments and business strategies
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Barium Nitrate Market Primary Interviews by Geography
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Scope of Barium Nitrate Market End-user segments
Fireworks/Pyrotechnics
Glass/Ceramics
Other End-Users
Geographical Segments
North America
U.S.
Canada
Mexico
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Scope of Barium Nitrate Market Geographical Segments
Europe
Germany
Russia
Rest of Europe
Asia Pacific
China
India
Rest of Asia-Pacific
RoW
South America
Africa
Middle East
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Table of Content Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
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Table of Content Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics 3.3.1 Drivers
3.3.1.1 Impact Analysis
3.3.2 Restraints
3.3.2.1 Impact Analysis
3.3.3 Opportunities
.....
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Table of Content Chapter 6 Company Profiles
6.1 Basstech International LLC
6.2 Barium Chemicals Co. Ltd.
6.3 Solvay S. A.
6.4 Degussa AG.
6.5 San Yuan Chemical Co. Ltd.
6.6 Sakai Chemical Industry Co. Ltd.
6.7 Tennants Distribution Ltd.
6.8 Sigma Aldrich Corporation
6.9 Angene International Limited
6.10 Jiaocheng Sanxi Chemical Co., Ltd 14 Variant Market Research | help@variantmarketresearch.com | sales@variantmarketresearch.com
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