Product Code: ETC202236 | 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 chromate market import shipment witnessed a steady growth with a CAGR of 4.9% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024 by -20.3%, indicating a slowdown in market expansion towards the end of the period.
The barium chromate market in India is projected to witness steady growth over the forecast period, on account of its use as a corrosion inhibitor in various industrial applications such as oil and gas drilling, shipbuilding, and power plants. In addition, it also finds application in electroplating and anti-corrosion coatings for automotive parts. Its extensive usage has bolstered its demand from end-use industries such as construction and manufacturing which is likely to drive the India barium chromate market during the forecast period (2025-2031). Additionally, numerous government initiatives encouraging investments into infrastructure projects coupled with increasing FDI inflows are some of the key factors that will further propel sales. The COVID-19 pandemic had a major impact on several industries including manufacturing and construction; however, the barium chromate market was least affected due to its nonessential nature. Furthermore, increased exploration activities along with growing consumer awareness regarding product advantages are anticipated to provide lucrative opportunities for this industry during the review period 2025-2031.
Growing population across India leading to increase number of residential projects being done by the government resulting higher demand from paint & coating sector. Rising disposable income leading customers towards adoption of premium quality materials resulting augmented demand from Coatings Industry. Increasing Foreign Direct Investments (FDI) into Infrastructure Projects driving robust growth form Construction Sector.
Stringent Environmental Regulations restricting usage & manufacture process related emissions can hamper overall industry potential. Low Local Production Capacity creating dependency over Imports thus raising supply side issues at times. Volatility in Raw Material Prices making pricing strategies difficult specially while dealing with China based suppliers.
The key players operating within India Barium Chromate Market include ??? AkzoNobel NV , BASF SE , PPG Industries.
The outbreak of COVID-19 has had a negative impact on the global chemicals and materials industry, including the barium chromate market in India due to disruptions in production and supply chains caused by lockdowns imposed across countries to contain the spread of the virus as well as reduced demand from automotive, construction and other end user industries due to economic slowdown induced by pandemic situation.
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 Chromate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Barium Chromate Market Revenues & Volume, 2021 & 2031F |
3.3 India Barium Chromate Market - Industry Life Cycle |
3.4 India Barium Chromate Market - Porter's Five Forces |
3.5 India Barium Chromate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Barium Chromate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Barium Chromate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for barium chromate in various industries such as paints coatings, electronics, and automotive due to its properties like high heat resistance and corrosion resistance. |
4.2.2 Growth in the construction industry in India, leading to a rise in the demand for barium chromate for applications in paints and coatings. |
4.2.3 Technological advancements in the production processes of barium chromate, leading to improved efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations regarding the use and disposal of barium chromate, leading to challenges in its production and usage. |
4.3.2 Fluctuating prices of raw materials used in the manufacturing of barium chromate affecting the overall production costs. |
4.3.3 Health concerns associated with exposure to barium chromate, leading to potential restrictions on its use in certain applications. |
5 India Barium Chromate Market Trends |
6 India Barium Chromate Market, By Types |
6.1 India Barium Chromate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Barium Chromate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Barium Chromate Market Revenues & Volume, By Purity 98%, 2021-2031F |
6.1.4 India Barium Chromate Market Revenues & Volume, By Purity 99.99%, 2021-2031F |
6.1.5 India Barium Chromate Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Barium Chromate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Barium Chromate Market Revenues & Volume, By Colorant, 2021-2031F |
6.2.3 India Barium Chromate Market Revenues & Volume, By Anticorrosive Pigment, 2021-2031F |
6.2.4 India Barium Chromate Market Revenues & Volume, By Scavenger, 2021-2031F |
6.2.5 India Barium Chromate Market Revenues & Volume, By Others, 2021-2031F |
7 India Barium Chromate Market Import-Export Trade Statistics |
7.1 India Barium Chromate Market Export to Major Countries |
7.2 India Barium Chromate Market Imports from Major Countries |
8 India Barium Chromate Market Key Performance Indicators |
8.1 Research and development investment in finding alternative materials or processes to reduce reliance on barium chromate. |
8.2 Environmental compliance metrics to track the company's adherence to regulations related to barium chromate usage and disposal. |
8.3 Innovation rate in introducing new applications or formulations of barium chromate in different industries. |
9 India Barium Chromate Market - Opportunity Assessment |
9.1 India Barium Chromate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Barium Chromate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Barium Chromate Market - Competitive Landscape |
10.1 India Barium Chromate Market Revenue Share, By Companies, 2024 |
10.2 India Barium Chromate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |