The barium sulfate market size worldwide had a value of some 1.4 billion U.S. dollars in 2021. It is forecast that the barium sulfate market size will increase with a compound annual growth rate (CAGR) of six percent from 2021 to 2027. The expected market size in 2027 is some 1.8 billion U.S. dollars. Increased oil drilling activities and increased use of barium sulfate in the pharmaceutical industry are contributing to the growth of the global barium sulfate market.
Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027
(in billion U.S. dollars)
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Market size in billion USD
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Lucintel. (June 30, 2022). Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/
Lucintel. "Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/
Lucintel. (2022). Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/
Lucintel. "Barium Sulfate Market Size Worldwide in 2016 and 2021, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/
Lucintel, Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/ (last visited August 24, 2024)
Barium sulfate market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph], Lucintel, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350370/global-barium-sulfate-market-size/