Barium Bromide, a water-soluble crystalline compound derived from the reaction of Barium Carbonate and Hydrobromic acid, closely mirrors the trends in its feedstock market. It serves diverse industrial purposes, such as chemical production, radiology, and photography, with market sentiments influenced by consumer sector demands. In H1’23, the market witnessed upward price trends, buoyed by considerable demand from expanding markets and improved global trade dynamics, particularly after the Russia-Ukraine conflict in 2022.
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Definition
Barium Bromide is a water-soluble inorganic compound with the chemical formula BaBr2. It is a white crystalline substance that is produced by the reaction between Barium Carbonate and Hydrobromic acid. Barium Bromide has various industrial applications, particularly in chemical production, radiology for medical imaging, and photography. It plays a role as a chemical precursor and is valued for its water solubility and diverse utility in different industries.
Key Details About the Barium Bromide 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 bromide 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 Bromide Price Index, including India Barium Bromide price, USA Barium Bromide 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 Bromide Price Trend:
Barium bromide is employed in several key industrial applications. It plays a role in chemical production as a precursor for various barium compounds. In radiology, it is used for medical imaging, particularly in gastrointestinal radiography. Historically, it had applications in photography. Additionally, it can be used as a starting material in specialized electronic and semiconductor processes.
Key Players:
- TETRA Technologies
- Barium Bromide
- ICL-IP
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