• About us
  • Contact Us
  • Submit a Press Release
Thursday, June 8, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

    Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

    Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

    Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

  • Kenya

    Kenya Re eyes more deals in South Africa – Business Daily

    WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

    Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

    Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

  • Rwanda

    Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

    Research finds that Lesotho has the highest suicide rate in the world – News24

    Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

    Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

  • Uganda

    Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

    Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

    New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

    Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Press releases
    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

    Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

    Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

    C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

    Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

    Edge Computing in Healthcare Market worth $12.9 billion by 2028

    Edge Computing in Healthcare Market worth $12.9 billion by 2028

    Trending Tags

    • Ethiopia

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

      Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

    • Kenya

      Kenya Re eyes more deals in South Africa – Business Daily

      WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

      Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

      Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

    • Rwanda

      Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

      Research finds that Lesotho has the highest suicide rate in the world – News24

      Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

      Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

    • Uganda

      Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

      Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

      New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

      Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    • Press releases
      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

      C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

      Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Barium Nitrate Market Size Estimated to Reach $2,723.6 Million by 2026

      admin by admin
      March 11, 2022
      in Press Releases
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, March 11, 2022 ) Barium Nitrate Market size is expected to be valued at $2,723.6 Million by the end of the year 2026 and is set to grow at a CAGR of 5.6% during the forecast period from 2021-2026. Barium nitrate is formed from the reaction of hydrochloric acid and nitric acid with barium sulfide. Barium nitrate is extensively used in pyrotechnics and in the production of explosives such as Baratol, owing to barium’s fast precipitation kinetics and low solubility in alkaline environments. Barium nitrate is also used in the production of barium carbonate which is further widely used in the ceramics industry as an ingredient in glaze and as flux. Barium nitrate is widely used in assembling clay powder/ceramic powder which is a basic material used in the production of various electronic parts such as semiconductors, capacitors, superconductors and others. Therefore, the increase in demand from end-use industries like electrical and electronics industry, defense industry and others are driving the barium nitrate market.

      COVID-19 impact

      Amid the Covid-19 pandemic, the barium nitrate market witnessed a major downfall owing to the various restrictions laid, following the global pandemic. The trade activities, movement of people and other resources were largely restricted due to the social distancing norms issued by various countries across the world. This restricted the movement of the barium nitrate market which further affected the production, sales and distribution in the barium nitrate market. The situation is however set to improve by the end of the year 2021.

      Barium Nitrate Market Segment Analysis – By Purity

      >99% of purity level segment held the largest share in the barium nitrate market in the year 2020. 99% level of purity and more is the purest form of barium nitrate which is used in various applications across various end use industries. Barium nitrate with purity level of 99% and more is used in the manufacture of special glasses and ceramics, production of explosives in the defense industry, in fireworks industry and for green-fire in pyrotechnics and others. Therefore, the increase in the growth of such key use industries is one of the major factors contributing to the growth of >99% of purity level segment in the barium nitrate market.

      Barium Nitrate Market Segment Analysis – By Application

      Explosives segment held the largest share in the barium nitrate market in the year 2020, with a growing CAGR of 10.5% during the forecast period 2020-2026. The increase in the production of explosives such as Baratol, is majorly driving the barium nitrate market. Barium nitrate is preferred in the production of Baratol, as barium nitrate has high density, which also gives Baratol the density of 2.5 g/cm³. Baratol is an explosive and detonator that is widely used in the defense industry. The increase in the demand from the defense and military industry is increasing the demand for barium nitrate in the explosives segment.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=15950

      Report Price: $ 4500 (Single User License)

      Barium Nitrate Market Segment Analysis – By End-Use Industry

      Optical industry held the largest share in the barium Nitrate market in the year 2020. Optical glasses are extensively used in applications such as precision lens, viewing windows, pressure sensors, laser systems, instrument windows, beam displacement and others. The increase in demand for optical glasses can be attributed to the properties of the glass such as chemical resistance, water resistance, humidity tolerant, varied densities and optical properties such as high refraction index, light protection, heat transmission and absorbance. Barium nitrate is used in the production of glass components which is majorly used in the optical industry. Glass optics sustain extreme conditions for longer time as compared to other types of optic materials. These advantages and properties of glass is driving the demand for glass optics which is further driving the demand for barium nitrate from the optical industry.

      Barium Nitrate Market Segment Analysis – By Geography

      North American region held the largest share of 35% in the Barium Nitrate market in the year 2020. The increase in demand for barium Nitrate from various end use industries is driving the demand for barium Nitrate in the North American region. In North America, the trend towards optical technologies is comparatively more in the consumer markets with high-technology scientific methods and enhanced government programs related to specialized industrial applications and defense systems. The increase in innovation and development in the optical industry is driving the demand for barium nitrate market as it is used in the production of glasses and optical glasses. For instance, Mexico’s aim of becoming the Latin American leader of the optics and photonics industry has led to the creation of a Mexican Photonics Cluster to work towards helping optics and photonics startups. Thus, growing development in various optics sectors in this region will further drive the market for optical glass in the forecast period, which will further drive the demand for barium nitrate market.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=15950

      Barium Nitrate Market Drivers

      Increasing Demand from Glass/Ceramics industry

      The increase in the production and exports of ceramic products is increasing the demand for barium nitrate market as barium carbonate is majorly used in the production of ceramic powders/clay powder which is further used in the manufacture of ceramics and glass. For instance, according to ceramic world web, the world exports of ceramics grew by 1.1% during the year 2019 as compared to the exports in the year 2018. Furthermore, according to Glass Alliance Europe, the glass production in Europe reached 37.2 million tonnes, an increase of 1.8% compared to the previous year 2018. Likewise in the US, according to the Bureau of Economic Analysis of US, the total value of glass and glass product manufacturing industry was valued at US$3.83 trillion in the year 2020, an increase of 0.26% from the previous year value. The increase in the production of glass and ceramics is driving the demand for barium nitrate, as barium carbonate is used in the production of ceramic powders.

      Increase in demand from electronics industry

      The increase in the use of semiconductors owing to the increase in the demand and use of electronics devices is driving the growth in consumer electronics for optical materials such as ceramics and glass. According to Semiconductor Industry Association, the global sales of semi-conductors increased at a 6.5% to US$439 billion in the year 2020 from the year 2019. The growing need of consumer electronics will further drive the market for optical materials in the forecast period. For instance, according to the IBEF report, the consumer electronics market of India was valued at US $ 145 billion in the year 2020, which will further fuel the demand for optical materials. This will further increase the demand for barium nitrate market.

      Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=15950

      Barium Nitrate Market Challenges

      Adverse effects of Barium Nitrate

      Barium Nitrate has various side effects on the human body as well as the environment, which could also be fatal in certain cases. Barium nitrate is a chemical compound which is fully soluble in water. Barium nitrate is mostly exposed to the environment by fireworks/pyrotechnics. This further leads to exposure of barium nitrate in the air and water bodies nearby. This can further enter into human bodies by entering into the food chain. These toxic chemical compounds can cause various health complications in the human body which can also lead to various dangerous diseases. This is one of the major challenges restricting the growth of the barium nitrate market.

      Barium Nitrate Market Industry Outlook

      Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Barium Nitrate Market. The major players of the market include:

      Solvay S.A.

      Barium Chemicals Co. Ltd.

      Sigma Aldrich Corporation

      Nippon Chemical Industries

      Merck KGaA

      Sakai Chemical Industry Co. Ltd.

      Mil-Spec Industries Corp.

      Basstech International LLC.

      Degussa AG

      Angene International Limited

      Key Takeaways

      North American market held the largest share in the barium nitrate market owing to the growing trend related to optical technologies in consumer industry and increase in demand for production of explosives from the military.

      The increase in demand for barium carbonate, a by-product of barium nitrate, which is used in production of ceramic powders used in electronic devices is driving the demand for barium nitrate.

      The growing glass industry is also one of the significant factors driving the demand for barium nitrate as it provides advantages such as mistiness and improving homogeneity.

      Amid the Covid-19 pandemic, the barium nitrate market witnessed a slow growth owing to the various restrictions laid down by countries across the world.

      Relevant Report

      Silver Nitrate Market

      https://www.industryarc.com/Report/16241/silver-nitrate-market.html

      For more Chemicals and Materials related reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      High Adoption in Power Generation Plants to create Demand for Emission Control Systems Through 2031

      Next Post

      Anti-Diarrheal Drugs Market Size Estimated to Reach $186 Million by 2027

      Related Posts

      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023
      Press Releases

      C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

      June 5, 2023
      Press Releases

      Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

      June 5, 2023
      Edge Computing in Healthcare Market worth $12.9 billion by 2028
      Press Releases

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      June 5, 2023
      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period
      Press Releases

      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

      June 5, 2023

      Discussion about this post

      LATEST NEWS

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      June 5, 2023

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      June 5, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Global Project Management Forum kicks off Monday, June 12
      • انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل
      • AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana