Barite is a mineral containing barium sulfate which found in various colors such as white, off-white, brown, and others. Baso4 is a chemical formula of barite. It is an important mineral because of its usage in exploration and development of natural gas resources, and petroleum.
Growing development of oil and gas industry is key driving factor which expected to boost the global barite market growth. Furthermore, the increase in demand for barite from the paint and coatings industry across the globe is another driving factor will positively influence the market growth. The increases in use of barite in various medical devices due to its ability absorb X-rays and gamma rays will support the market growth. The healthcare industry is growing across the globe at an unprecedented rate due to the rise in investment in the industry and advancement in various medical fields. Drilling activity will drive the global barite market growth.
Substitution of barite for other minerals is the major challenging factor which expected to hamper the global barite market growth over the forecast period. Also, the limited resources coupled with increased cost related to its transportation may hinder the market growth.
The Global Barite Market is segmented into grade such as Up to Grade 3.9, Grade 4.0, Grade 4.1, Grade 4.2, Grade 4.3, and Grade above 4.3, by color such as White & Off-White, Grey, Brown, and Others. Further, market is segmented into end use such as Oil & Gas, Paint & Coatings, Pharmaceuticals, Rubber & Plastics, Adhesives, and Others.
Also, the Global Barite Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Ashapura Minechem Limited, Milwhite Inc., Anglo Pacific Minerals, International Earth Products LLC, Baker Hughes Incorporated, Sojitz Corporation, Excalibar Minerals LLC, Schlumberger Limited, The Andhra Pradesh Mineral Development Corporation Limited, etc.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Barite Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Barite Market, By Grade
5.1 Y-o-Y Growth Comparison, By Grade
5.2 Global Barite Market Share Analysis, By Grade
5.3 Global Barite Market Size and Forecast, By Grade
5.3.1 Up to Grade 3.9
5.3.2 Grade 4.0
5.3.3 Grade 4.1
5.3.4 Grade 4.2
5.3.5 Grade 4.3
5.3.6 Grade above 4.3
6 Global Barite Market, By Color
6.1 Y-o-Y Growth Comparison, By Color
6.2 Global Barite Market Share Analysis, By Color
6.3 Global Barite Market Size and Forecast, By Color
6.3.1 White & Off-White
6.3.2 Grey
6.3.3 Brown
6.3.4 Others
7 Global Barite Market, By End Use
7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Barite Market Share Analysis, By End Use
7.3 Global Barite Market Size and Forecast, By End Use
7.3. 1 Oil & Gas
7.3.2 Paint & Coatings
7.3.3 Pharmaceuticals
7.3.4 Rubber & Plastics
7.3.5 Adhesives
7.3.6 Others
8Global Barite Market, By Region
8.1 Global Barite Market Share Analysis, By Region
8.2 Global Barite Market Share Analysis, By Region
8.3 Global Barite Market Size and Forecast, By Region
9 North America Barite Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Barite Market Share Analysis, By Grade
9.3 North America Barite Market Size and Forecast, By Color
9.4 North America Barite Market Size and Forecast, By End Use
9.5 North America Barite Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeBarite Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Barite Market Share Analysis, By Grade
10.3 Europe Barite Market Size and Forecast, By Color
10.4 Europe Barite Market Size and Forecast, By End Use
10.5 Europe Barite Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Barite Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Barite Market Share Analysis, By Grade
11.3 Asia Pacific Barite Market Size and Forecast, By Color
11.4 Asia Pacific Barite Market Size and Forecast, By End Use
11.5 Asia Pacific Barite Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Barite Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Barite Market Share Analysis, By Grade
12.3 Latin America Barite Market Size and Forecast, By Color
12.4 Latin America Barite Market Size and Forecast, By End Use
12.5 Latin America Barite Market Size and Forecast, Country
13Middle East Barite Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Barite Market Share Analysis, By Grade
13.3 Middle East Barite Market Size and Forecast, By Color
13.4 Middle East Barite Market Size and Forecast, By End Use
13.5 Middle East Barite Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Ashapura Minechem Limited
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Milwhite Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Anglo Pacific Minerals
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 International Earth Products LLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Baker Hughes Incorporated
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Sojitz Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Excalibar Minerals LLC
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Schlumberger Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 The Andhra Pradesh Mineral Development Corporation Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
