New Trends of Barium Sulphate Market with Worldwide Industry Analysis to 2025

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Category: Business and Industry

Date Submitted: 11/08/2016 03:40 AM

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Barium Sulphate is an inorganic compound that is white crystalline solid which is odorless as well as insoluble in water. Barium sulphate does not have any toxic effect on the humans as well as on the environment. Barite is the most essential commercial source of barium and other compounds comprising barium. The high density and white opaque appearance of the barium sulphate are the crucial factors that are exploited in its various major applications. Barium sulphate finds various applications as the drilling fluids, paper brightener, pigments, radio-contrast agent and as catalyst support.

Most of the barium sulphate manufactured is consumed as a component of the oil well drilling fluid. Barium sulphate is mainly used to increase the density of the fluids. Thus, the growing demand for highly purified fluids has boosted the overall growth of the barium sulphate market. Barium sulphate is widely used in the paints and coating industry. Barium sulphate is widely used as a component for white pigment that is used in paints industry. Barium sulphate is transparent in nature and thus, it is used as filler or to modify the consistency of the paints. Thus, the growing automobile industry is expected to boost the overall growth of the paints and coatings industry which in turn is expected to boost the global demand for the barium sulphate market. Growing construction industry is also expected to contribute to augment the overall growth of the barium sulphate market. Barium sulphate is widely used as plastic filler during the manufacturing of polypropylene and polystyrene.

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Thus the growing demand for polypropylene and polystyrene in various packaging applications is expected to augment the overall growth of the barium sulphate market. The development of high-tech diagnostic techniques is expected to drive the overall growth of the barium sulphate market. Barium sulphate is...