From the analysis of industrial structure, barium hydroxide is an important variety of barium salt products, mainly including barium hydroxide octahydrate and barium hydroxide monohydrate. In terms of barium salt products, in recent years, barium salt production in Japan, South Korea, the United States, Germany and other barium salt producers have declined year by year due to the depletion of raw material barite veins, rising energy, and increasing environmental pollution control costs.
At present, in addition to China, including India, Europe and other countries there are a small number of barium salt production enterprises, the main production enterprises include Germany’s company SOLVAY and the United States Company CPC . The global barium hydroxide (except China) main production enterprises are distributed in Germany, Italy, Russia, India and Japan, the global barium hydroxide (except China) annual output is about 20,000 tons, mainly using barium sulfide double decomposition production process and air oxidation process.
Due to the depletion of barium resources in Germany and Italy, the main source of barium hydroxide products in the world has gradually shifted to China. In 2020, the global demand for barium hydroxide is 91,200 tons, an increase of 2.2%. In 2021, the global demand for barium hydroxide was 50,400 tons, an increase of 10.5%.
China is the world’s main barium hydroxide production area, due to strong downstream demand, the domestic barium hydroxide market has generally maintained a rapid growth rate. From the perspective of barium hydroxide output value scale, in 2017, China’s barium hydroxide output value of 349 million yuan, an increase of 13.1%; In 2018, the output value of China’s barium hydroxide was 393 million yuan, an increase of 12.6%. In 2019, the output value of China’s barium hydroxide reached 438 million yuan, an increase of 11.4%. In 2020, the output value of China’s barium hydroxide reached 452 million yuan, an increase of 3.3%. In 2021, the output value of China’s barium hydroxide reached 256 million yuan, an increase of 13.1%.
For price trend analysis, the key variable in barium hydroxide producer performance is raw material cost. As can be predicted, due to the demands of the chemical industry and the current demand for barium hydroxide, we tend to think that the future of this industry is bright.
High purity barium hydroxide production is the development direction of barium hydroxide industry, and constantly improving the added value of products is the only way for the development of barium hydroxide industry.
Post time: Aug-07-2023