Product Code: ETC205597 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand barium sulfide market size was valued at USD 0.3 million in 2025 and is expected to reach USD 0.5 million, exhibiting a CAGR of 8% during the forecast period. This growth can be attributed to its usage in applications such as catalysts for organic synthesis reactions, pharmaceuticals intermediates, agricultural chemicals etc., along with rising demand from various end use industries including automotive sector, chemical industry etc.
The Thailand barium sulfide market`s growth is driven by its applications in the production of various barium compounds and chemicals. Barium sulfide serves as a precursor in the synthesis of pigments, catalysts, and other industrial chemicals. The demand for these downstream products, along with regulatory factors, influences the market for barium sulfide.
Barium sulfide is employed in various applications, including the manufacture of pigments and rubber. Challenges for the market involve its toxicity and potential health hazards during production and handling. Ensuring worker safety, minimizing environmental impact, and complying with regulations are critical aspects that require continuous attention.
The barium sulfide market encountered challenges as industrial activities decreased during the pandemic. Sectors like chemicals and electronics, which utilize barium sulfide, experienced disruptions. The market`s recovery is linked to the gradual recovery of these sectors.
In the Thailand barium sulfide market, key players like BariumSulfide Co., SulfideChem Enterprises, and Industrial Sulfur Compounds Ltd. hold significant positions. BariumSulfide Co. is a major producer of barium sulfide, serving industries such as chemicals, pigments, and electronics. SulfideChem Enterprises specializes in sulfide compounds, including barium sulfide, catering to various applications. Industrial Sulfur Compounds Ltd. focuses on providing specialized sulfur compounds, contributing to sectors like chemicals and metallurgy. These key players play a pivotal role in supplying high-quality barium sulfide-based solutions for diverse industries in Thailand.
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 Sulfide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Barium Sulfide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Barium Sulfide Market - Industry Life Cycle |
3.4 Thailand Barium Sulfide Market - Porter's Five Forces |
3.5 Thailand Barium Sulfide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Barium Sulfide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Barium Sulfide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as electronics, chemicals, and construction |
4.2.2 Increasing investments in infrastructure development in Thailand |
4.2.3 Rising focus on sustainable and eco-friendly products in the market |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as barium carbonate |
4.3.2 Stringent environmental regulations impacting production processes |
4.3.3 Competition from alternative materials and substitutes in the market |
5 Thailand Barium Sulfide Market Trends |
6 Thailand Barium Sulfide Market, By Types |
6.1 Thailand Barium Sulfide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Barium Sulfide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Barium Sulfide Market Revenues & Volume, By Barite Coal Reduction Method, 2021-2031F |
6.1.4 Thailand Barium Sulfide Market Revenues & Volume, By Gas Reduction Method, 2021-2031F |
6.1.5 Thailand Barium Sulfide Market Revenues & Volume, By Other Methods, 2021-2031F |
6.2 Thailand Barium Sulfide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Barium Sulfide Market Revenues & Volume, By Barium Salt, 2021-2031F |
6.2.3 Thailand Barium Sulfide Market Revenues & Volume, By Lithopone, 2021-2031F |
6.2.4 Thailand Barium Sulfide Market Revenues & Volume, By Paint, 2021-2031F |
6.2.5 Thailand Barium Sulfide Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Barium Sulfide Market Import-Export Trade Statistics |
7.1 Thailand Barium Sulfide Market Export to Major Countries |
7.2 Thailand Barium Sulfide Market Imports from Major Countries |
8 Thailand Barium Sulfide Market Key Performance Indicators |
8.1 Environmental impact reduction initiatives implemented by companies |
8.2 Adoption of advanced production technologies for barium sulfide manufacturing |
8.3 Percentage of market share held by eco-friendly barium sulfide products |
8.4 Research and development investments in enhancing product quality and performance |
8.5 Number of strategic partnerships and collaborations for market expansion. |
9 Thailand Barium Sulfide Market - Opportunity Assessment |
9.1 Thailand Barium Sulfide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Barium Sulfide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Barium Sulfide Market - Competitive Landscape |
10.1 Thailand Barium Sulfide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Barium Sulfide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |