Product Code: ETC085063 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India barium sulphate market import shipment demonstrated a steady growth trend with a CAGR of 4.5% from 2020 to 2024. However, there was a notable decline in growth momentum between 2023 and 2024, with a decrease of 18.1%. Overall, while the market expanded during the period, it showed signs of slowing down towards the end of the analyzed timeframe.
The barium sulphate market in India is expected to grow at a considerable rate during the forecast period.This growth can be attributed to increasing demand for barium sulphate from various end-use industries such as paints & coatings, rubber & plastics, and others. In addition, growing industrialization in India has led to rising demand for barium sulphate as it is used in multiple applications including pigments, filler material, protective coating agent, lubricant additive and many more. Moreover, rapid urbanization along with increasing disposable income of people are also contributing towards the growth of this market.
Increasing demand from paint & coatings industry coupled with growing automotive sales are some of the major factors driving the growth of Barium Sulphate Market in India. Also growing construction activities across different sectors such as residential and non-residential buildings have further accelerated the market growth over recent years. Further technological advances made by manufacturers regarding quality product offering have attracted more consumer attention towards these products which positively influenced overall industry performance. Additionally government initiatives taken for environmental protection also created positive environment for development od Barium Sulphates Market across various regions in India.
High cost associated with production process may act as an obstacle restraining this markets progress over coming times as it directly affects prices charged by suppliers ,which result into reduced affordability among consumers leading to low demands thus creating restraints on its expansion. Other than that fluctuations observed in raw material prices due uncertain economic conditions further acerbates its situation resulting into increased financial burden on players operating within this space.
Some of key companies operating within India Bariam Sulphates Market include Shri Ram Industries Pvt Ltd., M/s Shiva Chemical Udyog (A Unit Of Shree Balaji Group), Trimex Industries Limited , Surya Min Chem (Sister Concern Of Aquent Polymers Private Limited) , Chauhan Enterprises amongst others
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 sulphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Barium sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Barium sulphate Market - Industry Life Cycle |
3.4 India Barium sulphate Market - Porter's Five Forces |
3.5 India Barium sulphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Barium sulphate Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India Barium sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for barium sulphate in various industries such as paints, plastics, and coatings due to its properties like high chemical inertness and radiopacity. |
4.2.2 Increasing investments in infrastructure projects and construction activities in India, leading to higher demand for barium sulphate in applications like concrete and mortar. |
4.2.3 Rising awareness about the benefits of using barium sulphate as a filler material in different products, driving its adoption in the manufacturing sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of barium sulphate. |
4.3.2 Stringent environmental regulations related to the disposal of barium sulphate waste, leading to increased compliance costs for manufacturers. |
4.3.3 Competition from alternative materials with similar properties, posing a challenge to the market growth of barium sulphate. |
5 India Barium sulphate Market Trends |
6 India Barium sulphate Market, By Types |
6.1 India Barium sulphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Barium sulphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Barium sulphate Market Revenues & Volume, By Ordinary Precipitated Barium Sulphate, 2021-2031F |
6.1.4 India Barium sulphate Market Revenues & Volume, By Modified Barium Sulphate, 2021-2031F |
6.1.5 India Barium sulphate Market Revenues & Volume, By Nanometer Precipitated Barium Sulphate, 2021-2031F |
6.1.6 India Barium sulphate Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Barium sulphate Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Barium sulphate Market Revenues & Volume, By Coating Industry, 2021-2031F |
6.2.3 India Barium sulphate Market Revenues & Volume, By Pharmaceuticals Industry, 2021-2031F |
6.2.4 India Barium sulphate Market Revenues & Volume, By Rubber Industry, 2021-2031F |
6.2.5 India Barium sulphate Market Revenues & Volume, By Plastic Industry, 2021-2031F |
6.2.6 India Barium sulphate Market Revenues & Volume, By Others, 2021-2031F |
7 India Barium sulphate Market Import-Export Trade Statistics |
7.1 India Barium sulphate Market Export to Major Countries |
7.2 India Barium sulphate Market Imports from Major Countries |
8 India Barium sulphate Market Key Performance Indicators |
8.1 Average selling price of barium sulphate per unit. |
8.2 Percentage of market penetration in key industries (paints, plastics, coatings, etc.). |
8.3 Number of new product developments or innovations in barium sulphate applications. |
8.4 Percentage of repeat customers or customer retention rate for barium sulphate suppliers. |
8.5 Environmental sustainability metrics related to the production and disposal of barium sulphate. |
9 India Barium sulphate Market - Opportunity Assessment |
9.1 India Barium sulphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Barium sulphate Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India Barium sulphate Market - Competitive Landscape |
10.1 India Barium sulphate Market Revenue Share, By Companies, 2024 |
10.2 India Barium sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |