Barium Carbonate Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Barium Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa)
Barium Carbonate Price Trend for First Half of 2023
Barium carbonate is an alkaline metal carbonate with poor solubility in water and most acids. The most common procedure for the synthesis of barium carbonate in industries is through the reaction of barium sulfide and sodium carbonate. Thus, they are the major influencing factor in determining the price trend of barium carbonate. Most of the regions use barite ore as the source of barium metal, whose sales rose exponentially in the Asia Pacific market, benefiting the traders heavily in the first and second quarters of 2023.
In addition to this, the demand from the EV sector also fluctuated in the first quarter but showcased a stable trend in the second quarter. In North America, financial constraints on the market because of the failure of two major banks depreciated the market momentum and, in turn, negatively affected the price trend of barium carbonate.
Analyst Insight
According to procurement resources, the price trend of Barium Carbonate is expected to show fluctuations globally as the demand from end-user industries and the cost of feedstock materials seems uncertain.
Procurement Resource provides latest prices of Barium Carbonate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Barium carbonate is a white colored, odorless powder that is majorly employed as a flux in glass and ceramics industry. As a flux, it helps in lowering the melting point of mixture and also enhances its properties. It's also employed in electronics for cathode ray tubes, pyrotechnics for green fireworks, and as a contrast agent in medical imaging. Additionally, it serves in oil wells to inhibit scale formation, and in specialty chemical manufacturing, but caution is necessary due to its toxicity.
Report Features | Details |
Product Name | Barium Carbonate |
Chemical formula | BaCO3 |
Industrial Uses | Brick and tile manufacturing, Glass and ceramic industry, Electronics, Radiology and X-ray imaging, Barium titanate production, Inhibitor in oil and gas wells |
HS Code | 28366000 |
CAS Number | 513-77-9 |
Molecular weight | 197.34 g/mol |
Supplier Database | Sakai Chemical Industru Co Ltd, Shaanxi Ankang Jianghua Group Co Ltd, Chemical Products Corporation, Solvay, Honeywell International Inc |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Carbon dioxide is passed through the solution of barium sulfide to give barium carbonate in slurry form. In subsequent steps, via sulfurization and vacuum filtration and then heating the contents at around 300°, the final product is obtained.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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