Global Barium Carbonate Market to Reach US$ 605.76 Mn by 2026; Increased Use of Barium Carbonate in Bricks and Tiles to Drive Market

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Use of barium carbonate in applications such as glazes, frits, and enamels to offer growth opportunities to barium carbonate market 

Glazes, frits, and enamels contain barium carbonate. Barium carbonate is a major source of barium oxide, which is used in glazes, wherein it functions as a flux and helps in producing matte finish. Barium carbonate ensures a good fit between the glaze and the surface that it covers, thereby enhancing the chemical and mechanical strength of surfaces. Thus, the ability of barium carbonate to impart superior finish is likely to offer growth opportunities to the barium carbonate market in the near future.

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Decline in demand for barium carbonate for use in production of CRT glass to hinder market 

Since the late 2000s, CRTs have been largely superseded by flat panel display technologies such as LCD, plasma display, and OLED. Several large manufacturers of television sets have stopped making CRT-based sets. With the transition toward flat-panel monitor and television technologies, consumption of CRT devices is expected to decrease over the time. With the decreasing demand for CRT, the demand for barium carbonate is also likely to decline in the near future.

Powder form segment to dominate global market 

Among various forms, the powder segment dominates the global barium carbonate market. Powder form of barium carbonate is used in the ceramics industry as a fluxing material to produce matt glazes, specialty glasses, clay bricks, and tiles. It is also employed in the production of barium peroxide, barium hydroxide, and barium chloride. Most manufacturers operating in the barium carbonate market are engaged in the manufacture of powder form of barium carbonate.

Asia Pacific leads global barium carbonate market 

Among regions, Asia Pacific accounted for a major share of the global barium carbonate market in 2017. China is the key producer of barium carbonate in Asia Pacific. In most countries of Asia Pacific such as China, India, and countries in ASEAN; governments have taken initiative for new infrastructure projects. Rising investments in the construction industry in the region are anticipated to fuel the demand for barium carbonate in the region during the forecast period. Several market leaders such as Hubei Jingshan Chutian Barium Salt Corporation, Guizhou Red Star Development Co., Ltd, and Hebei Xinji Chemical Group Co. Ltd. operate in the Asia Pacific market.