Barium Nitrate Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

By: HDIN Research Published: 2025-06-22 Pages: 78
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Barium Nitrate Market Summary
Introduction
Barium Nitrate (Ba(NO3)2) is a chemical compound used in fireworks, ammunition, optical glass, and other applications like ceramics and electronics. It is valued for its ability to produce green flames in pyrotechnics and its optical properties in glass manufacturing. The barium nitrate industry is characterized by its niche applications in pyrotechnics and optics, driven by demand for vibrant fireworks displays and high-quality optical materials. Key trends include the development of high-purity grades for optical glass, eco-friendly pyrotechnic formulations, and sustainable production methods. The market is propelled by growth in fireworks production, particularly in Asia, and increasing demand for optical glass in electronics and automotive sectors.

Market Size and Growth Forecast
The global Barium Nitrate market was valued at USD 2.4–4.1 billion in 2024, with an estimated CAGR of 4.5%–6.5% from 2025 to 2030, driven by demand in fireworks and optical glass.

Regional Analysis
North America is projected to grow at a CAGR of 4.3%–6.3%, with the U.S. leading due to its fireworks and defense sectors, focusing on high-purity barium nitrate.
Europe is expected to achieve a CAGR of 4.0%–6.0%, with Germany driving demand through its emphasis on optical glass and eco-friendly pyrotechnics.
Asia Pacific is anticipated to record the highest growth at 5.0%–7.0%, led by China, where fireworks and electronics manufacturing fuel demand, with trends toward cost-effective production.
Rest of the World, particularly Brazil, is expected to grow at 3.8%–5.8%, with trends toward industrial applications.

Application Analysis
Fireworks applications are estimated to grow at a CAGR of 4.8%–6.8%, driven by barium nitrate’s use in green pyrotechnics, with trends toward eco-friendly formulations.
Ammunition applications are projected to expand at 4.5%–6.5%, supported by defense applications, with innovations in high-purity grades.
Optical glass applications are expected to grow at 4.3%–6.3%, focusing on electronics and automotive optics, with trends toward high-clarity materials.
Other applications, including ceramics, are anticipated to grow at 4.0%–6.0%, with advancements in niche uses.

Key Market Players
Sakai Chemical Industry, headquartered in Osaka, Japan, produces barium nitrate for fireworks and optical glass, known for its advanced chemical solutions.
Nippon Chemical Industrial, based in Tokyo, Japan, offers barium nitrate for industrial applications, focusing on high-purity manufacturing.
Hebei Xinji Chemical Group, headquartered in Xinji, China, provides barium nitrate for pyrotechnics, emphasizing cost-competitive production.
Guizhou Red Star Development Co. Ltd., based in Guizhou, China, produces barium nitrate for fireworks, known for its scalable operations.
Xinhuang Luxiang Barium Industry, headquartered in Xinhuang, China, offers barium nitrate for industrial uses, focusing on large-scale manufacturing.
Xinhuang Sanxin Barium Industry, based in Xinhuang, China, provides barium nitrate for pyrotechnics, emphasizing efficient production.

Porter’s Five Forces Analysis
● The threat of new entrants is moderate; moderate capital costs attract niche players, but regulatory barriers create challenges.
● The threat of substitutes is moderate; alternative pyrotechnic and optical materials compete, but barium nitrate’s properties maintain its edge.
● Buyer power is moderate; fireworks and optics manufacturers negotiate pricing, but specialized applications limit leverage.
● Supplier power is low; raw materials are widely available, reducing supplier influence.
● Competitive rivalry is high; players differentiate through high-purity and eco-friendly formulations.

Market Opportunities and Challenges
Opportunities
● Growth in fireworks production drives barium nitrate demand.
● Expansion of optical glass applications enhances market opportunities.
● Emerging markets in Asia Pacific offer growth potential due to electronics manufacturing.
Challenges
● Regulatory scrutiny on pyrotechnic chemicals increases compliance costs.
● High production costs for high-purity grades limit adoption.
● Competition from alternative materials challenges market share.

Growth Trend Analysis
The Barium Nitrate market is growing steadily, driven by demand in fireworks and optical glass. Guizhou Red Star Development Co. Ltd. has a barium nitrate capacity of 9,000 tons. Xinhuang Luxiang Barium Industry and Xinhuang Sanxin Barium Industry each have a capacity of 20,000 tons, supporting pyrotechnic and industrial applications. These developments align with a projected CAGR of 4.5%–6.5% through 2030, reflecting barium nitrate’s role in pyrotechnics and optics.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Barium Nitrate Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Barium Nitrate by Region
8.2 Import of Barium Nitrate by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Barium Nitrate Market in North America (2020-2030)
9.1 Barium Nitrate Market Size
9.2 Barium Nitrate Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Barium Nitrate Market in South America (2020-2030)
10.1 Barium Nitrate Market Size
10.2 Barium Nitrate Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Barium Nitrate Market in Asia & Pacific (2020-2030)
11.1 Barium Nitrate Market Size
11.2 Barium Nitrate Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Asean
11.5.6 Australia
Chapter 12 Historical and Forecast Barium Nitrate Market in Europe (2020-2030)
12.1 Barium Nitrate Market Size
12.2 Barium Nitrate Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Barium Nitrate Market in MEA (2020-2030)
13.1 Barium Nitrate Market Size
13.2 Barium Nitrate Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Barium Nitrate Market (2020-2030)
14.1 Barium Nitrate Market Size
14.2 Barium Nitrate Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Barium Nitrate Market Forecast (2021-2026)
15.1 Barium Nitrate Market Size Forecast
15.2 Barium Nitrate Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Sakai Chemical Industry
15.1.1 Company Profile
15.1.2 Main Business and Barium Nitrate Information
15.1.3 SWOT Analysis of Sakai Chemical Industry
15.1.4 Sakai Chemical Industry Barium Nitrate Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Nippon Chemical Industrial
15.2.1 Company Profile
15.2.2 Main Business and Barium Nitrate Information
15.2.3 SWOT Analysis of Nippon Chemical Industrial
15.2.4 Nippon Chemical Industrial Barium Nitrate Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Hebei Xinji Chemical Group
15.3.1 Company Profile
15.3.2 Main Business and Barium Nitrate Information
15.3.3 SWOT Analysis of Hebei Xinji Chemical Group
15.3.4 Hebei Xinji Chemical Group Barium Nitrate Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Guizhou Red Star Development Co. Ltd
15.4.1 Company Profile
15.4.2 Main Business and Barium Nitrate Information
15.4.3 SWOT Analysis of Guizhou Red Star Development Co. Ltd
15.4.4 Guizhou Red Star Development Co. Ltd Barium Nitrate Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms List
Table Research Scope Of Barium Nitrate Report
Table Data Sources Of Barium Nitrate Report
Table Major Assumptions Of Barium Nitrate Report
Table Barium Nitrate Classification
Table Barium Nitrate Applications List
Table Drivers Of Barium Nitrate Market
Table Restraints Of Barium Nitrate Market
Table Opportunities Of Barium Nitrate Market
Table Threats Of Barium Nitrate Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Barium Nitrate
Table Cost Structure Analysis Of Barium Nitrate
Table Key End Users List
Table Latest News Of Barium Nitrate Market
Table Merger And Acquisition List
Table Planned/Future Project Of Barium Nitrate Market
Table Policy Of Barium Nitrate Market
Table 2020-2030 Regional Export Of Barium Nitrate
Table 2020-2030 Regional Import Of Barium Nitrate
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Barium Nitrate Market Size And Market Volume List
Table 2020-2030 North America Barium Nitrate Demand List By Application
Table 2020-2025 North America Barium Nitrate Key Players Sales List
Table 2020-2025 North America Barium Nitrate Key Players Market Share List
Table 2020-2030 North America Barium Nitrate Demand List By Type
Table 2020-2025 North America Barium Nitrate Price List By Type
Table 2020-2030 United States Barium Nitrate Market Size And Market Volume List
Table 2020-2030 United States Barium Nitrate Import & Export List
Table 2020-2030 Canada Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Canada Barium Nitrate Import & Export List
Table 2020-2030 Mexico Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Mexico Barium Nitrate Import & Export List
Table 2020-2030 South America Barium Nitrate Market Size And Market Volume List
Table 2020-2030 South America Barium Nitrate Demand List By Application
Table 2020-2025 South America Barium Nitrate Key Players Sales List
Table 2020-2025 South America Barium Nitrate Key Players Market Share List
Table 2020-2030 South America Barium Nitrate Demand List By Type
Table 2020-2025 South America Barium Nitrate Price List By Type
Table 2020-2030 Brazil Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Brazil Barium Nitrate Import & Export List
Table 2020-2030 Argentina Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Argentina Barium Nitrate Import & Export List
Table 2020-2030 Chile Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Chile Barium Nitrate Import & Export List
Table 2020-2030 Peru Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Peru Barium Nitrate Import & Export List
Table 2020-2030 Asia & Pacific Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Barium Nitrate Demand List By Application
Table 2020-2025 Asia & Pacific Barium Nitrate Key Players Sales List
Table 2020-2025 Asia & Pacific Barium Nitrate Key Players Market Share List
Table 2020-2030 Asia & Pacific Barium Nitrate Demand List By Type
Table 2020-2025 Asia & Pacific Barium Nitrate Price List By Type
Table 2020-2030 China Barium Nitrate Market Size And Market Volume List
Table 2020-2030 China Barium Nitrate Import & Export List
Table 2020-2030 India Barium Nitrate Market Size And Market Volume List
Table 2020-2030 India Barium Nitrate Import & Export List
Table 2020-2030 Japan Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Japan Barium Nitrate Import & Export List
Table 2020-2030 South Korea Barium Nitrate Market Size And Market Volume List
Table 2020-2030 South Korea Barium Nitrate Import & Export List
Table 2020-2030 Southeast Asia Barium Nitrate Market Size List
Table 2020-2030 Southeast Asia Barium Nitrate Market Volume List
Table 2020-2030 Southeast Asia Barium Nitrate Import List
Table 2020-2030 Southeast Asia Barium Nitrate Export List
Table 2020-2030 Australia Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Australia Barium Nitrate Import & Export List
Table 2020-2030 Europe Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Europe Barium Nitrate Demand List By Application
Table 2020-2025 Europe Barium Nitrate Key Players Sales List
Table 2020-2025 Europe Barium Nitrate Key Players Market Share List
Table 2020-2030 Europe Barium Nitrate Demand List By Type
Table 2020-2025 Europe Barium Nitrate Price List By Type
Table 2020-2030 Germany Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Germany Barium Nitrate Import & Export List
Table 2020-2030 France Barium Nitrate Market Size And Market Volume List
Table 2020-2030 France Barium Nitrate Import & Export List
Table 2020-2030 United Kingdom Barium Nitrate Market Size And Market Volume List
Table 2020-2030 United Kingdom Barium Nitrate Import & Export List
Table 2020-2030 Italy Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Italy Barium Nitrate Import & Export List
Table 2020-2030 Spain Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Spain Barium Nitrate Import & Export List
Table 2020-2030 Belgium Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Belgium Barium Nitrate Import & Export List
Table 2020-2030 Netherlands Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Netherlands Barium Nitrate Import & Export List
Table 2020-2030 Austria Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Austria Barium Nitrate Import & Export List
Table 2020-2030 Poland Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Poland Barium Nitrate Import & Export List
Table 2020-2030 Russia Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Russia Barium Nitrate Import & Export List
Table 2020-2030 Mea Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Mea Barium Nitrate Demand List By Application
Table 2020-2025 Mea Barium Nitrate Key Players Sales List
Table 2020-2025 Mea Barium Nitrate Key Players Market Share List
Table 2020-2030 Mea Barium Nitrate Demand List By Type
Table 2020-2025 Mea Barium Nitrate Price List By Type
Table 2020-2030 Egypt Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Egypt Barium Nitrate Import & Export List
Table 2020-2030 Israel Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Israel Barium Nitrate Import & Export List
Table 2020-2030 South Africa Barium Nitrate Market Size And Market Volume List
Table 2020-2030 South Africa Barium Nitrate Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Barium Nitrate Import & Export List
Table 2020-2030 Turkey Barium Nitrate Market Size And Market Volume List
Table 2020-2030 Turkey Barium Nitrate Import & Export List
Table 2020-2025 Global Barium Nitrate Market Size List By Region
Table 2020-2025 Global Barium Nitrate Market Size Share List By Region
Table 2020-2025 Global Barium Nitrate Market Volume List By Region
Table 2020-2025 Global Barium Nitrate Market Volume Share List By Region
Table 2020-2025 Global Barium Nitrate Demand List By Application
Table 2020-2025 Global Barium Nitrate Demand Market Share List By Application
Table 2020-2025 Global Barium Nitrate Capacity List
Table 2020-2025 Global Barium Nitrate Key Vendors Capacity Share List
Table 2020-2025 Global Barium Nitrate Key Vendors Production List
Table 2020-2025 Global Barium Nitrate Key Vendors Production Share List
Table 2020-2025 Global Barium Nitrate Key Vendors Production Value List
Table 2020-2025 Global Barium Nitrate Key Vendors Production Value Share List
Table 2020-2025 Global Barium Nitrate Demand List By Type
Table 2020-2025 Global Barium Nitrate Demand Market Share List By Type
Table 2020-2025 Regional Barium Nitrate Price List
Table 2025-2030 Global Barium Nitrate Market Size List By Region
Table 2025-2030 Global Barium Nitrate Market Size Share List By Region
Table 2025-2030 Global Barium Nitrate Market Volume List By Region
Table 2025-2030 Global Barium Nitrate Market Volume Share List By Region
Table 2025-2030 Global Barium Nitrate Demand List By Application
Table 2025-2030 Global Barium Nitrate Demand Market Share List By Application
Table 2025-2030 Global Barium Nitrate Capacity List
Table 2025-2030 Global Barium Nitrate Key Vendors Capacity Share List
Table 2025-2030 Global Barium Nitrate Key Vendors Production List
Table 2025-2030 Global Barium Nitrate Key Vendors Production Share List
Table 2025-2030 Global Barium Nitrate Key Vendors Production Value List
Table 2025-2030 Global Barium Nitrate Key Vendors Production Value Share List
Table 2025-2030 Global Barium Nitrate Demand List By Type
Table 2025-2030 Global Barium Nitrate Demand Market Share List By Type
Table 2025-2030 Barium Nitrate Regional Price List

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Barium Nitrate Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Barium Nitrate Market Size And Cagr
Figure 2020-2030 North America Barium Nitrate Market Volume And Cagr
Figure 2020-2030 South America Barium Nitrate Market Size And Cagr
Figure 2020-2030 South America Barium Nitrate Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Barium Nitrate Market Size And Cagr
Figure 2020-2030 Asia & Pacific Barium Nitrate Market Volume And Cagr
Figure 2020-2030 Europe Barium Nitrate Market Size And Cagr
Figure 2020-2030 Europe Barium Nitrate Market Volume And Cagr
Figure 2020-2030 Mea Barium Nitrate Market Size And Cagr
Figure 2020-2030 Mea Barium Nitrate Market Volume And Cagr
Figure 2020-2025 Global Barium Nitrate Capacity Production And Growth Rate
Figure 2020-2025 Global Barium Nitrate Production Value And Growth Rate
Figure 2025-2030 Global Barium Nitrate Capacity Production And Growth Rate
Figure 2025-2030 Global Barium Nitrate Production Value And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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