The Barium Iodide market aligns closely with its source materials and responds to demand from electronics, chemical, photography, pharmaceutical, and biomedical sectors. In H1 2023, it exhibited an upward trend linked to its source markets, rebounding from the Ukraine-Russia conflict disruption, as global trade conditions improved with restored supply chains and reduced trade deficits, despite challenges posed by reduced consumer purchasing power.
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Definition
Barium iodide (BaI2) is an inorganic chemical compound composed of barium and iodine. It is a white crystalline substance that is commonly used as a scintillation material in radiation detection devices. Barium iodide is valued for its ability to convert incoming radiation into visible light, making it a crucial component in gamma-ray spectrometers and nuclear radiation detectors, as well as in other specialized applications in the field of radiation measurement.
Key Details About the Barium Iodide 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 Iodide 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 Iodide Price chart, including India Barium Iodide price, USA Barium Iodide 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 Iodide Price Trend:
Barium iodide is primarily employed in industrial applications related to radiation detection and measurement. It serves as a scintillation material in devices used for the detection of gamma rays and nuclear radiation, including gamma-ray spectrometers. The conversion of incoming radiation into visible light is its key function, making it crucial in various radiation-related industries, such as nuclear physics and radiology.
Key Players:
- Shandong Ench Chemical Co.,Ltd
- Krada CPS Industry S.L
- CG Chem. GmbH & Co. KG
- Gihi Chemicals Co., Limited
- Xiamen Equation Chemical Co.,Ltd
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