- Barium carbonate is used to make glazes, tiles, bricks, and standard glass. According to a new study by Grand View Research, Inc., the barium carbonate market will grow healthily from 2015 to 2022 (forecast period). The utilization of barium carbonate in ceramic tiles and cement is observed to be the main market contributor. Robust construction sector in China, India, Brazil, and the U.S. will also have a positive market impact.
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Barium carbonate is highly toxic. Strict regulations in developed regions may restrict its demand. The end-users are chemical, glass, and ceramics. Ceramics is the market leader owing to demand for ceramic frits, fluxes, and glaze.
Ceramic tiles applications of barium carbonate will grow at the fastest pace. This can be attributed to the chemical’s matting and crystallization features. Ceramic tiles are highly popular due to their being a lifestyle product. They are replacing marble floors, paint metal slabs, and other decorative products in homes. Burgeoning population, incomes, and urbanization in several parts of the world is fuelling the demand for ceramic tiles. This, in turn, is creating future opportunities for the barium carbonate market.
Clay is added to barium carbonate so that tiles, pottery, earthenware, and bricks can be made. This enables the precipitation of efflorescence-causing soluble salts like magnesium sulfate and calcium sulfate. Federal investments for infrastructural expansion in various countries are triggering construction projects. Rising demand for bricks in these projects will augment market growth over the next seven years.
Asia Pacific was the leader of the barium carbonate market in 2014. It accounted for more than 50% of the overall consumption that year. The construction industry in China and India play a critical role in generating demand. Cheap labor and low raw material costs are attracting ceramic and glass manufacturers to move their production units to these countries.
Europe and Central & South America followed Asia Pacific in 2014. They together accounted for about one fourth of the overall market. North America will witness slow growth due to stringent environmental regulations. However, the region would experience research and developments for novel and environmentally-sustainable products.
The barium carbonate market is greatly fragmented. Some of the leading players are American Elements, Solvay, Chemical Products Corporation, Chaitanya Chemicals, and Maruti Chemicals Company.
Information Source: Grand View Research
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