Product Code: ETC414081 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Barium Sulfate Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.25% in 2025 and reaches 12.36% by 2029.
The Barium Sulfate market in Thailand is projected to grow at a stable growth rate of 4.85% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The barium sulfate market in Thailand is integral to several industries, including coatings, plastics, and healthcare. Barium sulfate, with its high opacity and chemical inertness, is a common additive in paint and coatings, providing desirable properties for manufacturers. In the healthcare sector, barium sulfate is utilized as a contrast agent in medical imaging procedures. The market`s growth is closely linked to the performance of these industries and their requirements for high-quality barium sulfate products. Market players focus on product innovation and adherence to regulatory standards to meet industry demands and maintain competitiveness.
The Thailand barium sulfate market is primarily driven by its use in the coatings, plastics, and healthcare industries. Barium sulfate is a key component in paints, coatings, and plastics to enhance properties like opacity and durability. With the construction and manufacturing sectors growing steadily, the demand for barium sulfate in these applications is rising. Furthermore, it is used as a contrast agent in medical imaging, aligning with the expanding healthcare sector.
The Thailand barium sulfate market faces challenges related to quality control, environmental regulations, and competition. Maintaining consistent product quality is essential to meet customer requirements. Additionally, environmental concerns regarding barium mining and processing can lead to stricter regulations. Competition from global producers also affects market dynamics. Thai companies must invest in quality assurance and sustainable practices to remain competitive in the global barium sulfate market.
The Thailand Barium Sulfate market faced challenges due to the pandemic`s impact on manufacturing and industrial sectors. Barium sulfate is used in applications such as paints and coatings, and the slowdown in construction and automotive industries affected demand. The market is expected to recover as these sectors regain momentum.
The Thailand Barium Sulfate market features major players like Sojitz Chemical (Thailand) Co., Ltd. and Precious Minerals and Smelting Limited. These companies are renowned for their barium sulfate products used in applications such as paints, plastics, and coatings.
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 Thailand Barium Sulfate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Barium Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Barium Sulfate Market - Industry Life Cycle |
3.4 Thailand Barium Sulfate Market - Porter's Five Forces |
3.5 Thailand Barium Sulfate Market Revenues & Volume Share, By End Users, 2021 & 2031F |
3.6 Thailand Barium Sulfate Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Thailand Barium Sulfate Market Revenues & Volume Share, By Deposit Type, 2021 & 2031F |
4 Thailand Barium Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Barium Sulfate Market Trends |
6 Thailand Barium Sulfate Market, By Types |
6.1 Thailand Barium Sulfate Market, By End Users |
6.1.1 Overview and Analysis |
6.1.2 Thailand Barium Sulfate Market Revenues & Volume, By End Users, 2021-2031F |
6.1.3 Thailand Barium Sulfate Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Thailand Barium Sulfate Market Revenues & Volume, By Oil Well Drilling, 2021-2031F |
6.1.5 Thailand Barium Sulfate Market Revenues & Volume, By Paint, 2021-2031F |
6.1.6 Thailand Barium Sulfate Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.7 Thailand Barium Sulfate Market Revenues & Volume, By Others , 2021-2031F |
6.2 Thailand Barium Sulfate Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Barium Sulfate Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 Thailand Barium Sulfate Market Revenues & Volume, By Precipitated, 2021-2031F |
6.3 Thailand Barium Sulfate Market, By Deposit Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Barium Sulfate Market Revenues & Volume, By Bedded, 2021-2031F |
6.3.3 Thailand Barium Sulfate Market Revenues & Volume, By Vein, 2021-2031F |
6.3.4 Thailand Barium Sulfate Market Revenues & Volume, By Residual, 2021-2031F |
7 Thailand Barium Sulfate Market Import-Export Trade Statistics |
7.1 Thailand Barium Sulfate Market Export to Major Countries |
7.2 Thailand Barium Sulfate Market Imports from Major Countries |
8 Thailand Barium Sulfate Market Key Performance Indicators |
9 Thailand Barium Sulfate Market - Opportunity Assessment |
9.1 Thailand Barium Sulfate Market Opportunity Assessment, By End Users, 2021 & 2031F |
9.2 Thailand Barium Sulfate Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Thailand Barium Sulfate Market Opportunity Assessment, By Deposit Type, 2021 & 2031F |
10 Thailand Barium Sulfate Market - Competitive Landscape |
10.1 Thailand Barium Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Barium Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |