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Overview of the barium nitrate market
According to Technavio’s barium nitrate market research report, the growth of fireworks industry will be one of the key factors impacting the market’s growth during the next few years. Fireworks are extensively used in various occasions across different parts of the world. For instance, festivals like the New Year’s Eve garner the demand for fireworks or pyrotechnics across various advanced economies including the UK and the US. Furthermore, the rising demand for fireworks in emerging economies of APAC including India and China will proliferate the growth of barium nitrate market during the predicted period. Stringent government regulations and environmental concerns are encouraging firework manufacturers to introduce environment-friendly fireworks, concurrently driving the demand for raw materials such as barium nitrate. Technavio’s market research analysts have predicted that the barium nitrate market will register a CAGR of about 6% by 2022.
With the growing use in producing nano-based products, barium nitrate has been gaining popularity in the recent years. Barium nitrate, when used as a starting material for producing barium sulfate nanoparticles has great potential in X-ray imaging, diagnostics, and healthcare. Further, the barium sulfate nanoparticles are applicable in the paints and coatings industry as well. According to Technavio’s barium nitrate industry research analysis, such fast-paced growth of barium nitrate in nanotechnology will be one of the major trends gaining traction in the market during the next few years.
Companies covered
With the presence of a considerable number of barium nitrate manufacturers, this market appears to be moderately fragmented and the companies are highly focusing on enhancing the product quality for gaining a competitive edge in the market. As a result, the level of competition among the players is quite intense. This barium nitrate industry research report provides a comprehensive analysis of the market’s competitive landscape and offers information on the products offered by companies to help the clients identify new growth opportunities and design unique growth strategies.
This research report provides an analysis of various companies in this market including –
- Hebei Xinji Chemical Group
- Hummel Croton
- Nippon Chemical Industrial
- SAKAI CHEMICAL INDUSTRY
- Shanxi Jiaocheng Tianlong Chemical Industry
- Yingfengyuan Industrial Group
Segmentation by end-user and analysis of the barium nitrate market
- Fireworks/pyrotechnics
- Glass
The fireworks/pyrotechnics industry was the major end-user to this market during 2017. According to this barium nitrate industry research report, the segment will account for the maximum growth of this market throughout the forecast period.
Segmentation by geography and analysis of the barium nitrate market
During 2017, APAC accounted for the maximum growth of this market. Owing to factors such as the growth of the fireworks industry in the emerging economies such as China and India, this region will continue to contribute to the maximum growth of this market during the next few years as well.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global barium nitrate market?
- What are the key market trends impacting the growth of the global barium nitrate market?
- What are the challenges to market growth?
- Who are the key vendors in the global barium nitrate market?
- What are the market opportunities and threats faced by the vendors in the global barium nitrate market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global barium nitrate market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Fireworks/pyrotechnics – Market size and forecast 2017-2022
- Glass – Market size and forecast 2017-2022
- Other industries – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Emergence of environment-friendly oxidizers
- Fast-paced growth of barium nitrate in nanotechnology
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Hebei Xinji Chemical Group
- Hummel Croton
- Nippon Chemical Industrial
- SAKAI CHEMICAL INDUSTRY
- Shanxi Jiaocheng Tianlong Chemical Industry
- Yingfengyuan Industrial Group
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape