The Barium Stearate market is significantly impacted by the price trends of its source chemicals, Barium Chloride and Sodium Stearate, as well as consumer demand. During the past few years, limited usage amid the COVID-19 pandemic and the early stages of the Russian conflict in Europe led to excessive inventory. Suppliers had to reduce prices to facilitate market activity, while high global inflation and living expenses contributed to the market’s unfavorable state.
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Definition
Barium stearate is a chemical compound composed of barium and stearic acid. It appears as a white, odorless powder and has diverse industrial applications. Commonly used as a lubricant, heat stabilizer, and release agent, barium stearate is particularly employed in industries like plastics and rubber, aiding in processing and mold release. Additionally, it plays a role in the production of PVC plastics due to its heat stabilizing properties.
Key Details About the Barium Stearate 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 Stearate 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 Stearate Price chart, including India Barium Stearate price, USA Barium Stearate 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 Stearate Price Trend:
Barium stearate has several key industrial uses, including serving as a lubricant, heat stabilizer, and release agent in the plastics and rubber industries, enhancing processing and mold release. It plays a vital role in the production of PVC plastics due to its heat stabilizing properties. These versatile qualities make it valuable in various industrial processes and end products.
Key Players:
- Balasore Chemicals
- Pengcai Fine Chemical
- Hongyuan Chemical
- Luhua Chemicals
- Desu Auxiliary
- Shengrongchang Chemical
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