Global Barium Titanate Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | EMR Inc.

(MENAFN- GetNews)

The new report by Expert Market Research titled, 'Global Barium Titanate Market Report and Forecast 2021-2026', gives an in-depth analysis of the global barium titanate market, assessing the market based on its segments like application and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents: 

The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 6%

The demand for barium titanate is expected to record steady year-on-year growth over the entire forecast period. It is expected that steady economic growth in developing regions of the world, especially in the Asia Pacific region, coupled with the steady growth of the electronics industry in these regions, will, in turn, boost the demand for barium titanate over the forecast period. The growth of the end-use application sectors is therefore expected to emerge during the forecast period as the key growth driving factor for the global barium titanate market. In addition, one significant feature of barium titanate is that it is an environmentally safe piezoelectric material that is lead-free. The growth of the global market for barium titanate is therefore projected to be driven by the growth in demand for environment-friendly materials. Over the forecast period, growth in demand for electric vehicles from regions around the world is projected to serve as another growth driver for the global barium titanate market.

Industry Definition and Major Segments

The inorganic chemical compound, barium titanate, is formed by the heating of titanium oxide and barium carbonate. The product is white and powdery. It is a ferroelectric material with piezoelectric characteristics and pyroelectric properties.

Explore full report with table of contents: 

On the basis of application, the industry is divided into:

• Sensors
• Capacitors
• Thermistors
• Opto-Electronic Devices
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Market Trends

A rise in demand for barium titanate in various applications, including condensers, lead-free piezoelectric products, electroluminescent coatings, and composite polymer films, is driving the global barium titanate market. The ability of barium titanate to impart ferroelectric properties and its outstanding photorefractive characteristics are expected to drive the demand in the market in the coming years. In addition, barium titanate's high dielectric constant and lead-free nature make it an ideal material to be used in the manufacturing of different electronic devices. It also serves as an environmentally friendly alternative to lead titanate zirconate. These factors are expected to propel the growth of the market.

The growing electric vehicle production to aid the market growth. The increase in electric vehicle production is due to an increase in the number of carbon dioxide emission regulations in the face of rising global warming worldwide. In 2016, for example, Norway declared a proposed ban on fossil-fuel cars and a ban on the sale of all petrol and diesel vehicles by 2025. To stop the selling of new petrol or diesel cars, the country has also introduced a new tax scheme called 'polluter pays.'

Key Market Players

The major players in the market are KCM Corporation, Ferro Corporation, Fuji Titanium Industry Co., Ltd., Nippon Chemical Industrial CO., LTD., and Shandong Sinocera Functional Material Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Phosphate Ester Market: 

Quicklime Market: 

Hydrated Lime Market: 

Sodium Chlorite Market: 

Hydrazine Hydrate Market: 

Calcium Phosphate Market: 

Calcium Ammonium Nitrate Market: 

Bromine Market: 

Alumina Trihydrate Market: 

Aluminium Fluoride Market: 

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform,  . Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos ( ), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content Source

MENAFN22112021003238003268ID1103231029