The Global barium nitrate market to grow at a CAGR of 6.08% during the period 2018-2022.
Global Barium Nitrate Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the usage by the end-users such as fireworks/pyrotechnics, glass, and other industries.
According to the report, the growing fireworks industry will drive the market growth. Barium nitrate finds their use primarily in the fireworks/pyrotechnology industry. APAC is the major producer and consumer of fireworks. With the stringent regulations and growing environmental concerns, manufacturers are focusing on introducing environment-friendly networks.
The emergence of environment-friendly oxidizers will drive the market growth. Manufactures are using greener raw materials, that replace the raw materials used in pyrotechnic devices in military applications. Also, the innovations in the field of green oxidizers will drive their in the pyrotechnics industry.
Further, the report states that the toxic effects of barium nitrate will impact the market growth. Due to the toxicity of barium nitrate, consumption in excess is lethal. This chemical is a strong oxidizer and causes violent combustions and pollution. Also, exposure to humans results in irritation of the skin, eyes, and in the respiratory tract.
- Hebei Xinji Chemical Group
- Hummel Croton
- Nippon Chemical Industrial
Sakai Chemical Industry
- Shanxi Jiaocheng Tianlong Chemical Industry
- Yingfengyuan Industrial Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Market Segmentation By End-User
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fdc59n/global_barium?w=4