Global Barium Sulfat Market overview:

The Barium Sulfat Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the Barium Sulfat market is driven as there is favourable growth in the industry is a major factor which will boost the global Barium Sulfat Market.

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With the slowdown in world economic growth, the Barium Sulfat industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Barium Sulfat market size to maintain the average annual growth rate of 0.016816147822 from 391.0 million $ in 2014 to 425.0 million $ in 2019, Market analysts believe that in the next few years, Barium Sulfat market size will be further expanded, we expect that by 2024, The market size of the Barium Sulfat will reach 458.0 million $.

Barium Sulfate (or sulphate) is the inorganic compound with the chemical formula BaSO4. It is a white crystalline solid that is odorless and insoluble in water. It occurs as the mineral barite, which is the main commercial source of barium and materials prepared from it. The white opaque appearance and its high density are exploited in its main applications.

The Global Barium Sulfat Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Barium Sulfat Market is sub segmented into Technical Grade, Pharmaceutical Grade, Reagent Grade. Based on End Use Industry segment, the Barium Sulfat Market is sub segmented into Drilliing Fluids, Pigment.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Major companies with their market volumes and revenues are covered for each of the regions. The report also deals with market share by participants for the overall market and describes the competitive strategies adopted by these players. Market segmentation is also done on the basis of applications. Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are Cimbar, Huntsman, Solvay, Barium & Chemicals, Jiaxin Chem, Sakai Chem, Fuhua Chem, NaFine, Xinji Chemical, Nippon Chemical Industry, Lianzhuang technology, Onmillion Nano Material, Redstar.

Latest Industry Updates:

Huntsman Corporation (NYSE: HUN) announced today it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion, comprising a cash purchase price of $2.0 billion plus the transfer of up to approximately $76 million in net underfunded pension and other post-employment benefit liabilities. The $2.076 billion transaction value represents an LTM adjusted EBITDA multiple of approximately 8.0 times, which includes retained SG&A costs of about $30 million, a portion of which Huntsman expects to eliminate over time. Under the terms of the agreement, Indorama Ventures would acquire Huntsman’s manufacturing facilities located in Port Neches, Texas; Dayton, Texas; Chocolate Bayou, Texas; Ankleshwar, India; and Botany, Australia. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close near year-end.

“This transaction further transforms Huntsman’s balance sheet and future. It accelerates our ability to expand more in areas both downstream and complementary to our portfolio. This is another milestone in our stated strategy to focus more on our downstream and specialty businesses where we will generate more stable margins and consistent, strong free cash flow. We are committed to retaining our strong investment grade balance sheet, repurchasing our shares, investing in organic research and select capacity expansions and acquiring strategic assets that are accretive to our earnings and create shareholder value.

“For Indorama Ventures, they will be acquiring a strong EO/PO derivatives business with a very exper ienced workforce and management team. This is also a transformational opportunity for Indorama Ventures that provides them hundreds of product grades and thousands of customers. Huntsman looks forward to continuing to work with Indorama Ventures as a customer and manufacturing partner through long-term commercial arrangements, including propylene oxide supply.

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Barium Sulfat Market Report 2019

1 Barium Sulfat Definition

2 Global Barium Sulfat Market Major Player Share and Market Overview

3 Major Player Barium Sulfat Business Introduction

4 Global Barium Sulfat Market Segmentation (Region Level)

5 Global Barium Sulfat Market Segmentation (Product Type Level)

6 Global Barium Sulfat Market Segmentation (Industry Level)

7 Global Barium Sulfat Market Segmentation (Channel Level)

8 Barium Sulfat Market Forecast 2019-2024

9 Barium Sulfat Segmentation Type

10 Barium Sulfat Segmentation Industry

11 Barium Sulfat Cost Analysis

12 Conclusion

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