SAN FRANCISCO, May 29, 2018 /PRNewswire/ --
The global precipitated barium sulfate market is expected to grow at an exponential CAGR in the years to come. Precipitated barium sulfate is a type of solid compound that is white crystalline in appearance. It is usually odorless in nature and insoluble in water. It is employed for the preparation of white plastic raw material like transparent reflection sheet and resin pellets. It has been proven quite functional in diffusing light when the compound is combined with numerous synthetic resins. A wide range of products can be prepared with the use of this compound ranging from enamels, plastic material, industrial paints, coating, sealants, to adhesives. The product is gaining huge demand across the globe due to rise in the applications across various sectors.
The factors that are acting as major boosters to the market growth may include rise in the industrialization, urbanization, developing nations, increased awareness among the end users, rising inclinations towards plastic product among the customers, growth of coating and rubber sector, and rising applications of precipitated barium sulfate products.
It has been anticipated that the Precipitated Barium Sulfate Market will witness a huge upsurge in the next couple of years due to rising scope and applications across the globe. Global Precipitated Barium Sulfate Market is segmented on the basis of type as Nanometer Precipitated Barium Sulfate, Modified Barium Sulfate, Ordinary Precipitated Barium Sulfate, and others. Among all the types, it has been observed that the segment of Nanometer Precipitated Barium Sulfate is lately taking up the largest share in the market. Precipitated Barium Sulfate Market is segmented on the basis of application as Rubber Industry, Plastic Industry, Coating Industry, and others. Among all the applications, the segment of Plastic Industry is the dominant sector. Precipitated Barium Sulfate Market is segmented on the basis of geographical region as North America, Southeast Asia, China, Europe, Japan, and India.
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Among all the geographical regions, it has been noticed that Asia Pacific is holding the largest share in the market, owing to robust industrialization, rise in the awareness level among the end users regarding its use and augmenting demands for raw plastic among the chemical companies in the particular region. In Asia Pacific, China is the major contributor among all the countries in the market growth.
On the other hand, it has been observed that Europe and North America are also gradually expanding and coming up as one of the prominent regions due to rise in the market growth opportunities and augmented investments by the leading manufacturers. The key players operating in the Precipitated Barium Sulfate Market are recognized as Sakai Chem, Gemme Corp, Shanghai Liangjiang Titanium Chemcial, Shanghai Loman, Suns Chemical & Mineral, Shaanxi FuhuaChem, Nippon Chemical, Solvy, Barium & Chemicals, Cimbar, JiaxinChem, and Huntsman.
This report studies Precipitated Barium Sulfate in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
• Barium & Chemicals
• Sakai Chem
• Gemme Corp
• Shaanxi FuhuaChem
• Nippon Chemical
• Shanghai Liangjiang Titanium Chemcial
• Shanghai Loman
• Suns Chemical & Mineral
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Precipitated Barium Sulfate in these regions, from 2011 to 2021 (forecast), like
• North America
• Southeast Asia
Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
• Type I
• Type II
• Type III
Split by application, this report focuses on consumption, market share and growth rate of Precipitated Barium Sulfate in each application, can be divided into
• Application 1
• Application 2
• Application 3
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