Barite-Global Market Outlook (2020-2028)

Barite-Global Market Outlook (2020-2028)

According to Stratistics MRC, the Global Barite Market is accounted for $1.50 billion in 2020 and is expected to reach $3.05 billion by 2028 growing at a CAGR of 9.3% during the forecast period. The growing usages in the plastics industry, oil and gas and in drilling fluid are the major factors driving the market growth. However, the presence of close substitutes, such as celestite and iron ore, is restraining the market growth.

Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite. The barite is found in many colours such as white, brown, grey, yellow and brown. It can be colourless. Countries like china, US, India and Morocco are the primary countries where commercial deposits of barite are found. For usage in various applications high density and chemical inertness make barite an ideal mineral. Due to its usage in exploration and development of petroleum and natural gas resources barite is an important mineral. It is mostly mined for layers of sedimentary rock. In few cases barite is a by-product of mining silver, zinc, lead or other metal ores.

Based on colour, the grey segment is estimated to have a lucrative growth due to the fact that grey colour barite is widely used in used in oil drilling application. Besides, surge in offshore oil & gas exploration activities across the globe to meet the growing global demand for energy is expected to fuel the demand for grey colour barite in the near future.

By geography, North America is going to have high growth during forecast period. A significant boost in the production of tight oil, particularly in the U.S., has resulted in a significant demand for the product. Canada is yet another prominent market in the region as there is a number of oil rigs in the country for which barite is largely used for well drilling services.

Some of the key players profiled in the Barite Market include Anglo Pacific Minerals, Ashapura Minechem Limited, Baker Hughes Incorporated, Excalibar Minerals LL C, International Earth Products LLC, Milwhite Inc, Schlumberger Limited, Sojitz Corporation, The Andhra Pradesh Mineral Development Corporation Limited, The Cary Company, Kaomin Industries LLP, Mil-Spec Industries Corporation (US), Dev International.

Types Covered:
• Construction Grade
• Medical Grade
• Oil Grade

Barite Types Covered:
• Bleached barite
• Ground Barite
• Finely Ground Barite

Colors Covered:
• White & Off-White
• Grey
• Brown
• Other Colours

Forms Covered:
• Lumps
• Powder

Deposit Types Covered:
• Residual
• Bedding
• Vein
• Cavity Filling

Grades Covered:
• Up to Special. Grade 3.9g/cm3
• Special. Grade. 4.0g/cm3
• Special. Grade. 4.1g/cm3
• Special. Grade. 4.2g/cm3
• Special. Grade. 4.3g/cm3
• Special. Grade. 4.3 & Above

Applications Covered:
• Barite Compounds Preparation
• Barium Compounds
• Diagnostic Medical Test
• Drilling Fluid
• Drilling Mud Weighting Agent
• Fillers
• Lithopone Pigment

End Users Covered:
• Oil & Gas Drilling
• Paints, Coatings & Polymers
• Healthcare, Pharmaceuticals & Medical Appliances
• Rubber & Plastics
• Textiles
• Adhesives
• Chemical Manufacturing
• Engineering Plastic
• Middle and High-Grade Paint
• Other End Users

Usages Covered:
• Weighting Agent
• Paint Pigments
• Barite Compounds Preparation
• Diagnostic Medical Tests

Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
• Aftermarket

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years (2019, 2020, 2021, 2025, and 2028)
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of COVID 19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Barite Market, By Type
5.1 Introduction
5.2 Construction Grade
5.3 Medical Grade
5.4 Oil Grade
6 Global Barite Market, By BariteType
6.1 Bleached barite
6.2 Ground Barite
6.3 Finely Ground Barite
7 Global Barite Market, By Color
7.1 Introduction
7.2 White & Off-White
7.3 Grey
7.4 Brown
7.5 Other Colours
7.5.1 Yellow Barite
7.5.2 Blue Barite
8 Global Barite Market, By Form
8.1 Introduction
8.2 Lumps
8.3 Powder
9 Global Barite Market, By Deposit Type
9.1 Introduction
9.2 Residual
9.3 Bedding
9.4 Vein
9.5 Cavity Filling
10 Global Barite Market, By Grade
10.1 Introduction
10.2 Up to Special. Grade 3.9g/cm3
10.3 Special. Grade. 4.0g/cm3
10.4 Special. Grade. 4.1g/cm3
10.5 Special. Grade. 4.2g/cm3
10.6 Special. Grade. 4.3g/cm3
10.7 Special. Grade. 4.3 & Above
11 Global Barite Market, By Application
11.1 Introduction
11.2 Barite Compounds Preparation
11.3 Barium Compunds
11.4 Diagnostic Medical Test
11.5 Drilling Fluid
11.6 Drilling Mud Weighting Agent
11.7 Fillers
11.8 Lithopone Pigment
12 Global Barite Market, By End User
12.1 Introduction
12.2 Oil & Gas Drilling
12.3 Paints, Coatings & Polymers
12.4 Healthcare, Pharmaceuticals & Medical Appliances
12.5 Rubber & Plastics
12.6 Textiles
12.7 Adhesives
12.8 Chemical Manufacturing
12.9 Engineering Plastic
12.10 Middle and High-Grade Paint
12.11 Other End Users
12.11.1 Paper and Pulp
12.11.2 Paper Making/ Medical/ Cosmetics
12.11.3 Pottery
12.11.4 Cosmetics
12.11.5 Engine Compartments
12.11.6 Automobiles
13 Global Barite Market, By Usage
13.1 Introduction
13.2 Weighting Agent
13.3 Paint Pigments
13.4 Barite Compounds Preparation
13.5 Diagnostic Medical Tests
14 Global Barite Market, By Sales Channel
14.1 Introduction
14.2 Manufacturer/Distributor/Service Provider
14.3 Aftermarket
15 Global Barite Market, By Geography
15.1 Introduction
15.2 North America
15.2.1 US
15.2.2 Canada
15.2.3 Mexico
15.3 Europe
15.3.1 Germany
15.3.2 UK
15.3.3 Italy
15.3.4 France
15.3.5 Spain
15.3.6 Rest of Europe
15.4 Asia Pacific
15.4.1 Japan
15.4.2 China
15.4.3 India
15.4.4 Australia
15.4.5 New Zealand
15.4.6 South Korea
15.4.7 Rest of Asia Pacific
15.5 South America
15.5.1 Argentina
15.5.2 Brazil
15.5.3 Chile
15.5.4 Rest of South America
15.6 Middle East & Africa
15.6.1 Saudi Arabia
15.6.2 UAE
15.6.3 Qatar
15.6.4 South Africa
15.6.5 Rest of Middle East & Africa
16 Key Developments
16.1 Agreements, Partnerships, Collaborations and Joint Ventures
16.2 Acquisitions & Mergers
16.3 New Product Launch
16.4 Expansions
16.5 Other Key Strategies
17 Company Profiling
17.1 Anglo Pacific Minerals
17.2 Ashapura Minechem Limited
17.3 Baker Hughes Incorporated
17.4 Excalibar Minerals LL C
17.5 International Earth Products LLC
17.6 Milwhite Inc
17.7 Schlumberger Limited
17.8 Sojitz Corporation
17.9 The Andhra Pradesh Mineral Development Corporation Limited
17.10 The Cary Company
17.11 Kaomin Industries LLP
17.12 Mil-Spec Industries Corporation (US)
17.13 Dev International
List of Tables
Table 1 Global Barite Market Outlook, By Region (2019-2027) (US $MN)
Table 2 Global Barite Market Outlook, By Barite Type (2019-2027) (US $MN)
Table 3 Global Barite Market Outlook, By Bleached barite (2019-2027) (US $MN)
Table 4 Global Barite Market Outlook, By Ground Barite (2019-2027) (US $MN)
Table 5 Global Barite Market Outlook, By Finely Ground Barite (2019-2027) (US $MN)
Table 6 Global Barite Market Outlook, By Color (2019-2027) (US $MN)
Table 7 Global Barite Market Outlook, By White & Off-White (2019-2027) (US $MN)
Table 8 Global Barite Market Outlook, By Grey (2019-2027) (US $MN)
Table 9 Global Barite Market Outlook, By Brown (2019-2027) (US $MN)
Table 10 Global Barite Market Outlook, By Other Colours (2019-2027) (US $MN)
Table 11 Global Barite Market Outlook, By Yellow Barite (2019-2027) (US $MN)
Table 12 Global Barite Market Outlook, By Blue Barite (2019-2027) (US $MN)
Table13 Global Barite Market Outlook, By Form (2019-2027) (US $MN)
Table 14 Global Barite Market Outlook, By Lumps (2019-2027) (US $MN)
Table 15 Global Barite Market Outlook, By Powder (2019-2027) (US $MN)
Table 16 Global Barite Market Outlook, By Product/Deposit Type (2019-2027) (US $MN)
Table 17 Global Barite Market Outlook, By Residual (2019-2027) (US $MN)
Table 18 Global Barite Market Outlook, By Bedding (2019-2027) (US $MN)
Table 19 Global Barite Market Outlook, By Vein (2019-2027) (US $MN)
Table 20 Global Barite Market Outlook, By Cavity Filling (2019-2027) (US $MN)
Table 21 Global Barite Market Outlook, By Grade (2019-2027) (US $MN)
Table 22 Global Barite Market Outlook, By Up to Special. Grade 3.9g/cm3 (2019-2027) (US $MN)
Table 23 Global Barite Market Outlook, By Special. Grade. 4.0g/cm3 (2019-2027) (US $MN)
Table 24 Global Barite Market Outlook, By Special. Grade. 4.1g/cm3 (2019-2027) (US $MN)
Table 25 Global Barite Market Outlook, By Special. Grade. 4.2g/cm3 (2019-2027) (US $MN)
Table 26 Global Barite Market Outlook, By Special. Grade. 4.3g/cm3 (2019-2027) (US $MN)
Table 27 Global Barite Market Outlook, By Special. Grade. 4.3 & Above (2019-2027) (US $MN)
Table 28 Global Barite Market Outlook, By Application (2019-2027) (US $MN)
Table 29 Global Barite Market Outlook, By Barite Compounds Preparation (2019-2027) (US $MN)
Table 30 Global Barite Market Outlook, By Barium Compunds (2019-2027) (US $MN)
Table 31 Global Barite Market Outlook, By Diagnostic Medical Test (2019-2027) (US $MN)
Table 32 Global Barite Market Outlook, By Drilling Fluid (2019-2027) (US $MN)
Table 33 Global Barite Market Outlook, By Drilling Mud Weighting Agent (2019-2027) (US $MN)
Table 34 Global Barite Market Outlook, By Fillers (2019-2027) (US $MN)
Table 35 Global Barite Market Outlook, By Lithopone Pigment (2019-2027) (US $MN)
Table 36 Global Barite Market Outlook, By End User (2019-2027) (US $MN)
Table 37 Global Barite Market Outlook, By Oil & Gas Drilling (2019-2027) (US $MN)
Table 38 Global Barite Market Outlook, By Paints, Coatings & Polymers (2019-2027) (US $MN)
Table 39 Global Barite Market Outlook, By Healthcare, Pharmaceuticals & Medical Appliances (2019-2027) (US $MN)
Table 40 Global Barite Market Outlook, By Rubber & Plastics (2019-2027) (US $MN)
Table 41 Global Barite Market Outlook, By Textiles (2019-2027) (US $MN)
Table 42 Global Barite Market Outlook, By Adhesives (2019-2027) (US $MN)
Table 43 Global Barite Market Outlook, By Chemical Manufacturing (2019-2027) (US $MN)
Table 44 Global Barite Market Outlook, By Engineering Plastic (2019-2027) (US $MN)
Table 45 Global Barite Market Outlook, By Middle and High-Grade Paint (2019-2027) (US $MN)
Table 46 Global Barite Market Outlook, By Other End Users (2019-2027) (US $MN)
Table 47 Global Barite Market Outlook, By Paper and Pulp (2019-2027) (US $MN)
Table 48 Global Barite Market Outlook, By Paper Making/ Medical/ Cosmetics (2019-2027) (US $MN)
Table 49 Global Barite Market Outlook, By Pottery (2019-2027) (US $MN)
Table 50 Global Barite Market Outlook, By Cosmetics (2019-2027) (US $MN)
Table 51 Global Barite Market Outlook, By Engine Compartments (2019-2027) (US $MN)
Table 52 Global Barite Market Outlook, By Automobiles (2019-2027) (US $MN)
Table 53 Global Barite Market Outlook, By Usage (2019-2027) (US $MN)
Table 54 Global Barite Market Outlook, By Weighting Agent (2019-2027) (US $MN)
Table 55 Global Barite Market Outlook, By Paint Pigments (2019-2027) (US $MN)
Table 56 Global Barite Market Outlook, By Barite Compounds Preparation (2019-2027) (US $MN)
Table 57 Global Barite Market Outlook, By Diagnostic Medical Tests (2019-2027) (US $MN)
Table 58 Global Barite Market Outlook, By Sales Channel (2019-2027) (US $MN)
Table 59 Global Barite Market Outlook, By Manufacturer/Distributor/Service Provider (2019-2027) (US $MN)
Table 60 Global Barite Market Outlook, By Aftermarket (2019-2027) (US $MN)
Note- Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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