Product
Barium Nitrate Price Trends and Forecast
Barium Nitrate Price Trends and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Barium Nitrate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Barium Nitrate Price Trend for the First Half of 2023
The Barium Nitrate market continued its dull run in 2023 as well. Market sentiments were low, and the price trends for Barium Nitrate were almost stagnant with low swinging patterns.
The primary reasons behind poor market performance were dull downstream demands and high inventory volumes. Market demands from downstream chemical, and propellent industries were bearish and could easily be catered by the existing stocks. Also, the reduced feedstock Barium Carbonate and Nitric Acid prices further added to the dull market behavior.
The economic recession faced by international economies resulted in a severe cost of living crisis in several countries, which significantly altered consumer buying behavior and made it more essentials centric. So, the market offtakes for Barium Nitrate and associated products plunged and could not recover for a long time.
Analyst insight
According to Procurement Resource, the Barium Nitrate prices are expected to continue similar sullen market trends, as the supply stocks are still overflowing, and market demands are not expected to pick up any time soon.
Procurement Resource provides latest prices of Barium Nitrate. 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.
About
Barium nitrate is an inorganic compound. It's colourless, poisonous, and water-soluble, like other barium salts. It is an oxidizer that burns with a green flame and is often used in pyrotechnics.
Product Details
| Report Features | Details |
| Product Name | Barium Nitrate |
| Industrial Uses | Oxidizing/Reducing Agent, Propellants, Blowing agents |
| Chemical Formula | Ba(NO3)2 |
| Synonyms | Nitrobarite, Nitric acid, barium salt, Barium dinitrate |
| Molecular Weight | 261.33 g/mol |
| Supplier Database | Solvay S. A, Basstech International LLC, San Yuan Chemical Co. Ltd., Barium Chemicals Co. Ltd, Degussa AG, Tennants Distribution Ltd., Sakai Chemical Industry Co. |
| 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.
Production Processes
- Production of Barium Nitrate from Barium Carbonate
Two processes begin with barium carbonate to produce barium nitrate. The first step is to dissolve barium carbonate in nitric acid, allowing any iron impurities to precipitate before filtering, evaporateing, and crystallising. The second method involves combining barium sulphide and nitric acid to produce barium nitrate.
Methodology
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).
Table Of Contents
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