Procurement Resource Evaluates The Price Trends Of Barium Hydroxide In Its Latest Insights And Dashboard

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Barium hydroxide production is influenced by the reaction of barium oxide and water, impacting its price trend. This compound is crucial in lubricant and oil manufacturing, detergent production, plastics synthesis, and related industries, shaping its market trajectory. In the first two quarters of 2023, increased Russian oil and lubricant imports, along with discounted prices, affected the market. Production cuts by OPEC+ further contributed to price fluctuations, influencing the overall sentiments in the barium hydroxide market.

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Definition

Barium hydroxide, with the chemical formula Ba(OH)2, is a water-soluble compound that appears as a white crystalline solid at room temperature. It is highly alkaline and classified as a strong base. Barium hydroxide readily absorbs moisture from the air, making it hygroscopic. It is also known for its corrosive nature and should be handled with care. When heated, it can undergo thermal decomposition, releasing water and barium oxide. Barium hydroxide is employed in various industrial applications, primarily in chemical processes where its strong alkaline properties are utilized for reactions and as a catalyst in the production of various compounds.

Key Details About the Barium hydroxide 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 hydroxide 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 hydroxide Price chart, including India Barium hydroxide price, USA Barium hydroxide 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 hydroxide Price Trend:

The pricing trends of Barium Hydroxide (Ba(OH)2) are closely linked to its diverse industrial applications. As a potent base, it plays a crucial role in multiple chemical processes, such as the synthesis of chemical intermediates, stabilization of plastics, and the production of specific barium salts. In the realm of the petroleum industry, Barium Hydroxide contributes to refining lubricating and cutting oils. Its significance extends to sugar refining, where it aids in removing impurities to enhance the quality of beet sugar. Moreover, this compound is a key component in the production of specialty glass, including optical glass and certain types of television and computer screens. The Barium Hydroxide Price Trend, Barium Hydroxide Price Index, and Barium Hydroxide Prices are indicative of its versatility and importance in diverse industrial processes.

Key Players:

  • Solvay
  • Barium India
  • ALPHA CHEMIKA
  • Yuci Jintai Barium Salt Chemical
  • Tianling Chemical Industry
  • Nippon Chemicals

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 chains, and industry trends so that they can build strategies to achieve maximum growth.

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