Market Research Future Published a Research Study on Barium Fluoride Market Research Report, Size, Share and Industry Analysis - Forecast to 2023
Competitive Analysis
Some
of the well-known players operating in the global barium fluoride
market are Solvay (Belgium), GFS Chemicals, Inc. (U.S.), International
Crystal Laboratories (U.S.), All-Chemie, Ltd. (U.S.), Barium &
Chemicals, Inc.(U.S.), Wego Chemical & Mineral Corp (U.S.), Alfa
Chemical Corp (U.S.), Super Conductor Materials Inc.(U.S.), Jay
Intermediates and Chemicals(India), and Triveni Interchem Private
Limited (Group Of Triveni Chemicals) (India) among others.
Barium
fluoride is used in a wide variety of applications, due to their
capability of offering extended IR transmittance, low refractive index,
low dispersion, radiation resistance to the final product. Thus, it is
used in various applications such as aluminum metallurgy, optical
material, oil refining, spectroscopic components, pharmaceuticals, food,
and others. The global barium fluoride market is spanned across five
regions of the world namely Asia Pacific, Europe, North America, Latin
America, and the Middle East & Africa. Among these, Asia Pacific
holds a major share of the global market and is projected to continue
leading, owing to the increasing consumption of an organic compound in
ammonium fluoride, hydrogen fluoride, and calcium fluoride. It is
estimated that the hydrogen fluoride segment is set to observe the
highest CAGR in the market due to its growing consumption in
pharmaceutical intermediates and fluoropolymers. Moreover, increasing
demand for the product in aluminum metallurgy, optical material, and
others are likely to witness a rapid growth during the forecast period.
These factors have led China, India, and Japan to be the major players
of this region.
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The
North American market is expected to grow at a higher CAGR due to
extensive consumption of barium fluoride in aluminum metallurgy, optical
material, oil refining, and others. The U.S., Canada, and Mexico have
achieved a significant place in the market due to the growing
investments in end-use industries. Therefore, the growing demand for the
product from end-use industries is estimated to drive the market during
the forecast period.
A moderate development is achieved in Europe
due to the growing demand for the product in pharmaceutical chemical,
oil & gas industries, and others. Rapid urbanization coupled with
technology have propelled the market to witness a better growth. Thus,
countries such as Germany, the U.K, and Italy are the major contributors
to this market.
A considerable development is predicted in the
Latin American region such as in Brazil, Uruguay, and Argentina due to
the growing consumption of an organic compound in the production of
welding agents, enamel, and others. Moreover, a rapid development is
estimated in the Middle East & African region such as Qatar, the
U.A.E, and others due to increasing demand for solvents and
intermediates in end-use industries.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Barium Fluoride Market
6 Market Trends
7 Global Barium Fluoride Market by Application
To Be Continue……………………..,
Browse Key Industry insights spread across 138 pages with 36 market data tables & 11 figures & charts from the Report, “Barium
Fluoride Market Information - By Application (Ammonium Fluoride,
Hydrogen Fluoride, Calcium Fluoride), By End-Use (Aluminum Metallurgy,
Optical Material, Oil Refining) – Forecast Till 2023” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/barium-fluoride-market-1636
Segmentation
The
global barium fluoride market is segmented into the application, and
end-use. On the basis of the application, the market is segregated into
ammonium fluoride, hydrogen fluoride, calcium fluoride, sodium fluoride,
and sulphur hexafluoride segments. The market by the end-use is
bifurcated into aluminum metallurgy, optical material, oil refining,
spectroscopic components, pharmaceuticals, food, and others.
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