Product Code: ETC197976 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Barium Nitrate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.26% in 2025, climbs to a high of 14.06% in 2027, and moderates to 13.13% by 2029.
India barium nitrate market is estimated to exhibit a healthy growth rate during the forecast period, on account of its wide range of applications in various industries such as glass manufacturing, explosives & fireworks industry, and others. Moreover, growing demand for consumer goods across India is expected to further drive the market growth over the forecast period.
Barium nitrate finds use in production of special glasses that are used for lenses and optical instruments with high refractive index. This has led to an increase in demand for barium nitrate from glass manufacturers across India, thus driving the overall market growth. The rising number of events such as festivals and parties have resulted in increased usage of fireworks and explosives among consumers throughout India which has lead to an upsurge in demand for barium nitrate over recent years as it acts as a primary ingredient used while making these products due to its flame-producing properties when combined with other ingredients such as sulfur or charcoal powder. Thus this factor is one major contributor towards driving the India Barium Nitrate Market.
Barium Nitrate???s price depends largely on raw material prices which may be highly fluctuating depending upon factors such as availability or supply chain disruptions caused by incidents such as natural disasters etc., hence affecting its cost efficiency at times; consequently limiting its usage by certain end user segments leading to reduced revenue generation opportunities within the India Barite Nitrite Market through 2025. Mining activities related to extraction & processing minerals containing traces amounts of Barite compounds is slowing down due to strict government regulations regarding environment protection resulting into reduced availability causing price hikes thus creating obstacles for potential customers looking forward to buy at economical rates; hampering overall India Barite Nitrite Market Growth.
Some of the key players operating in the India Barium Nitrate Market include SKW Stahl-Metallurgie Holding AG (Germany), NIPPON KAYAKU CO., LTD (Japan), Tosoh Corporation (Japan), International Chemical Company Limited (India), Gujarat Alkalies & Chemicals Ltd(India) , Solvay S.A.(Belgium). Others include Shin-Etsu Chemical Co., Ltd.(Japan) and Honeywell International Inc.(US).
Due to an increased focus on safety measures amidst Covid 19 pandemic, there may be some decline seen in exports as well as imports from countries that were earlier dependent on trade with India because of stricter restrictions being imposed by governments across countries regarding global transportation movement which can subsequently slow down business operations resulting into a relative slowdown within this sector too. Additionally it may restrict production capacity utilization owing to shortage on raw materials supply or labour force during this difficult time period causing a further dip over near term outlook for India Barium Nitrate Market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Barium Nitrate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Barium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 India Barium Nitrate Market - Industry Life Cycle |
3.4 India Barium Nitrate Market - Porter's Five Forces |
3.5 India Barium Nitrate Market Revenues & Volume Share, By By Purity, 2021 & 2031F |
3.6 India Barium Nitrate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 India Barium Nitrate Market Revenues & Volume Share, By By End-Use Industry, 2021 & 2031F |
4 India Barium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Barium Nitrate Market Trends |
6 India Barium Nitrate Market, By Types |
6.1 India Barium Nitrate Market, By By Purity |
6.1.1 Overview and Analysis |
6.1.2 India Barium Nitrate Market Revenues & Volume, By By Purity, 2021-2031F |
6.1.3 India Barium Nitrate Market Revenues & Volume, By <98%,, 2021-2031F |
6.1.4 India Barium Nitrate Market Revenues & Volume, By 98% to 99.0%, 2021-2031F |
6.1.5 India Barium Nitrate Market Revenues & Volume, By >99%, 2021-2031F |
6.2 India Barium Nitrate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Barium Nitrate Market Revenues & Volume, By Glass/ Ceramics, 2021-2031F |
6.2.3 India Barium Nitrate Market Revenues & Volume, By Fireworks, 2021-2031F |
6.2.4 India Barium Nitrate Market Revenues & Volume, By Detonators, 2021-2031F |
6.2.5 India Barium Nitrate Market Revenues & Volume, By Tracer bullets, 2021-2031F |
6.2.6 India Barium Nitrate Market Revenues & Volume, By Vacuum tube production, 2021-2031F |
6.2.7 India Barium Nitrate Market Revenues & Volume, By Primers, 2021-2031F |
6.2.8 India Barium Nitrate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 India Barium Nitrate Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Barium Nitrate Market, By By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Barium Nitrate Market Revenues & Volume, By Optical Industry, 2021-2031F |
6.3.3 India Barium Nitrate Market Revenues & Volume, By Defense & Military, 2021-2031F |
6.3.4 India Barium Nitrate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.5 India Barium Nitrate Market Revenues & Volume, By Others, 2021-2031F |
7 India Barium Nitrate Market Import-Export Trade Statistics |
7.1 India Barium Nitrate Market Export to Major Countries |
7.2 India Barium Nitrate Market Imports from Major Countries |
8 India Barium Nitrate Market Key Performance Indicators |
9 India Barium Nitrate Market - Opportunity Assessment |
9.1 India Barium Nitrate Market Opportunity Assessment, By By Purity, 2021 & 2031F |
9.2 India Barium Nitrate Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 India Barium Nitrate Market Opportunity Assessment, By By End-Use Industry, 2021 & 2031F |
10 India Barium Nitrate Market - Competitive Landscape |
10.1 India Barium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 India Barium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |