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:
Barium hydroxide (Ba(OH)2) has several important industrial applications. It is a strong base and finds use in various chemical processes, particularly in the production of chemical intermediates, stabilizers for plastics, and certain barium salts. In the petroleum industry, it is utilized for refining lubricating and cutting oils. Barium hydroxide is valuable in the sugar refining process to remove impurities, contributing to the production of high-quality beet sugar. Additionally, it serves as a component in the manufacture of specialty glass, particularly optical glass and certain types of television and computer screens. Its versatility in these applications underscores its significance in various industrial processes.
Key Players:
- Solvay
- Barium India
- ALPHA CHEMIKA
- Yuci Jintai Barium Salt Chemical
- Tianling Chemical Industry
- Nippon Chemicals
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