March 1, 2024

Barium Oxide’s price dynamics closely mirrored feedstock Barium Nitrate trends in early 2023. The market faced challenges, with high inventories and weak demand from chemical and manufacturing sectors. Global economies continued to recover from a tough 2022, with reduced consumer purchasing power hindering market growth. Companies cut production to balance supply and demand, leading to overall market pessimism.

Request for Real-Time Barium Oxide Prices: https://www.procurementresource.com/resource-center/barium-oxide-price-trends/pricerequest

Definition

Barium oxide (BaO) is a chemical compound that is a white, crystalline substance with various industrial applications. It is synthesized through the thermal decomposition of barium nitrate. Barium oxide is known for its high melting point, electrical insulating properties, and its use in the production of special glasses, ceramics, catalysts, and in metallurgical processes. However, it is toxic and must be handled with care.

Key Details About the Barium Oxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Barium Oxide in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Barium Oxide Price Trends, including India Barium Oxide price, USA Barium Oxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Barium Oxide Price Trend:

Barium oxide finds key industrial applications in various sectors. It is used in the glass industry to enhance optical properties and chemical durability, in ceramics for electrical insulators and piezoelectric devices, and as a catalyst in chemical reactions. In metallurgy, it serves as a deoxidizing agent, while the petroleum industry employs it for catalytic purposes in oil refining processes. Additionally, it is used in the nuclear industry for radiation detectors and in water treatment to remove specific contaminants.

Key Players:

  • Solvay SA
  • Tata Chemicals Limited
  • Merck KGaA
  • Nippon Chemical Industries Co., Ltd
  • Showa Denko KK
  • American Elements Corporation

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference Link –  https://theprocurementexpert.com/barium-oxide-prices/