Product Code: ETC208176 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India barium bromide market import shipment demonstrated a steady expansion with a CAGR of 3.8% from 2020 to 2024. However, there was a significant slowdown in growth between 2023 and 2024, with a decline of 60.0%. The market's momentum shifted downwards, indicating a notable deceleration in overall growth during the last period analyzed.
The India Barium Bromide Market has shown steady growth in recent years. Barium bromide, an inorganic compound, finds application in various industries, including oil and gas, pharmaceuticals, and chemicals. Its unique properties, such as high solubility and stability, have contributed to its increasing demand in the India market.
Several factors drive the growth of the India Barium Bromide Market. Firstly, the oil and gas industry`s expansion, with increasing demand for barium bromide as a drilling fluid additive and completion fluid, has significantly boosted market consumption. Secondly, the pharmaceutical sector`s growth, with a rising need for barium bromide in the synthesis of pharmaceutical intermediates, has further driven market expansion. Additionally, the use of barium bromide as a reagent in various chemical processes has contributed to its popularity.
Despite its growth potential, the India Barium Bromide Market faces certain challenges. One of the primary obstacles is the strict regulations and environmental concerns related to the handling and disposal of barium compounds. Manufacturers and end-users need to adhere to safety guidelines and adopt environmentally friendly practices to mitigate these challenges. Moreover, fluctuations in raw material prices, particularly barium, can impact the overall production cost and pose challenges for market players.
The Covid-19 pandemic had an impact on the India Barium Bromide Market. During the initial phases of the pandemic, disruptions in industrial activities and supply chain logistics adversely affected the market. However, with the gradual resumption of economic activities and the reopening of industries, the market started to recover. The demand for barium bromide in the pharmaceutical and chemical industries remained relatively stable during the pandemic, contributing to the market`s resilience.
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 Bromide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Barium Bromide Market Revenues & Volume, 2021 & 2031F |
3.3 India Barium Bromide Market - Industry Life Cycle |
3.4 India Barium Bromide Market - Porter's Five Forces |
3.5 India Barium Bromide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Barium Bromide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Barium Bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for barium bromide in the pharmaceutical industry for manufacturing drugs and medicines. |
4.2.2 Growth in the chemical industry in India, leading to higher consumption of barium bromide as a key raw material. |
4.2.3 Rising use of barium bromide in the oil and gas sector for drilling fluid additives. |
4.3 Market Restraints |
4.3.1 Stringent regulations and environmental concerns regarding the use and disposal of barium bromide. |
4.3.2 Fluctuating prices of raw materials used in the production of barium bromide affecting overall production costs. |
5 India Barium Bromide Market Trends |
6 India Barium Bromide Market, By Types |
6.1 India Barium Bromide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Barium Bromide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Barium Bromide Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 India Barium Bromide Market Revenues & Volume, By Solid, 2021-2031F |
6.2 India Barium Bromide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Barium Bromide Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.3 India Barium Bromide Market Revenues & Volume, By Silver Bromide Sensitizer, 2021-2031F |
6.2.4 India Barium Bromide Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
7 India Barium Bromide Market Import-Export Trade Statistics |
7.1 India Barium Bromide Market Export to Major Countries |
7.2 India Barium Bromide Market Imports from Major Countries |
8 India Barium Bromide Market Key Performance Indicators |
8.1 Research and development investments in barium bromide-based technologies and applications. |
8.2 Adoption rate of barium bromide substitutes or alternatives in various industries. |
8.3 Percentage of market share held by Indian manufacturers compared to global competitors. |
8.4 Environmental impact assessments and compliance measures taken by companies using barium bromide. |
9 India Barium Bromide Market - Opportunity Assessment |
9.1 India Barium Bromide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Barium Bromide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Barium Bromide Market - Competitive Landscape |
10.1 India Barium Bromide Market Revenue Share, By Companies, 2024 |
10.2 India Barium Bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |