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Barite Market 2019: With Top Key Player and Countries Data: Trends and Forecast 2022, Industry Analysis by Regions, Type and Applications

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Barite Market 2019: With Top Key Player and Countries Data: Trends and Forecast 2022, Industry Analysis by Regions, Type and Applications

June 30
00:03 2020
Barite Market 2019: With Top Key Player and Countries Data: Trends and Forecast 2022, Industry Analysis by Regions, Type and Applications

“Barite Market Research Report- Forecast to 2022”
Market Research Future Published a Half-Cooked Research “Global Barite Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022.

Barite Market Overview:

Barite is composed of barium sulphate and derives its name from the Greek word ‘Barys’ for heavy. It actually represents barite’s high specific gravity of 4.5. This is something extraordinary for mineral. The group includes baryte, celestine, anglesite, and anhydrite. The global barite market has high possibilities of crossing the expected market growth with substantial CAGR during the forecast period (2016-2022). Market Research Future (MRFR) in their report made a suggestion regarding the market’s high probability of attaining strong growth.

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Several sectors like paints & coatings, automobile, construction, oil & gas, and other industries are expected to take the global barite market ahead. The oil & gas industry is having substantial scope for the regional market as shale gas and other sustainable sources find prolific utility for barite. Various LED productions also promote high intake for the global barite market.


MRFR’s segmentation of the global barite market is depending much on the application and grade. This type of segmentation has a better possibility in understanding the global market as it deals closely with factors and dynamics that are promoting the market.

Based on the application, the barite market can be segmented into paints, automobiles, oil & gas, textile, pharmaceutical, electrical appliances, and others. Among these, the automobile sector is expected to score big due to the growing sales of both commercial and personal cars. The construction sector is also expected to record remarkable growth due to the increase in residential and commercial projects.

Based on the grade, the global barite market includes grade 3.9, grade 4.0, grade 4.1, grade 4.2 and grade above 4.3.  Segments with high specific gravity are superior in quality. However, grade from 3.9 to 4.2 are gaining strong market traction from the oil & gas industry due to the rapid growth in the production of shale gas and trending unconventional energy sources.

Regional Analysis:

North America, Europe, Asia Pacific, and Rest-of-the-World (RoW) are four specific regions that have been included in the global barite market by MRFR for a better market analysis. This segmentation has an in-depth value-wise and volume-wise analyses to back up its market claims.

The APAC region is showing the highest consumption of barite, which is happening mostly due to robust end-use industry growth, promising government policies, and cost-affordable labor. China’s intake is by far the maximum to substantiate its large availability of shale reserve and meet the demand generated by automotive and construction industries. In addition, rapid urbanization is expected to make sure that barite grows exponentially in the region.

North America has the second-best growth due the availability of shale gas in the US and continuous development activities in various sectors to improve infrastructures. The growth in paints and coatings industry is also significant and can welcome a positive result for the barite industry. The US is drawing the maximum market revenue.

Europe’s growth largely depends on Germany and the UK as they have robust automotive hubs. The industry is also demanding strong intake of barite for paint & coating jobs. In Latin America, Brazil is expected to promote the barite market as the residential projects are witnessing a substantial surge in the region.

Competitive Landscape:

Several companies are introducing new strategic moves to ensure they stay abreast in the global barite market, all the while taking the market to the next level, holistically. These companies are Halliburton Company, Desku Group Inc, P & S Barite Mining Co. Ltd, Ashapura Minechem Ltd, Excalibar Minerals LLC, CIMBAR Performance Minerals, Anglo Pacific Minerals, Andhra Pradesh Mineral Development Corporation Limited, Kaomin Industries, Mil-Spec Industries Corporation, and others. MRFR, in their recently-published report, ensured a strong profiling of them in a bid to understand market trend and chart the growth pattern.

In August 2019, Voyageur Minerals Ltd. announced that its joint venture with ImagingX Pharmaceuticals Ltd. resulted submitted their first production for registration with Health Canada. The company is aiming for registration of three products with the Health Canada. Voyageur Minerals Ltd. is known for its prolific work with barite and iodine API minerals.

Table Of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Barite Market

5 Industry Overview Of Global Barite Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

5.5 Impact Analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Barite Market By Region

8. Global Barite Market By Grade (Sp. Gr. 3.9, Gr. 4.0, Gr. 4.1, Gr. 4.2, Gr. 4.3 & Above)

9. Global Barite Market By Application (Paints, Automobiles, Oil & Gas, Textiles, Pharmaceutical, Electrical Appliances And Others)

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Table 1 World Population By Major Regions (2015 To 2030) (Million)

Table 2 Global Barite Market: By Region, 2014-2022 (USD Million)

Table 3 North America Barite Market: By Country, 2014-2022 (USD Million)

Table 4 Europe Barite Market: By Country, 2014-2022 (USD Million)

Table 5 Asia-Pacific Barite Market: By Country, 2014-2022 (USD Million)

Table 6 RoW Barite Market: By Country, 2014-2022 (USD Million)

Table 7 Global Barite For Grade Market: By Regions, 2014-2022 (USD Million)

Table 8 North America Barite For Grade Market: By Country, 2014-2022 (USD Million)

Table 9 Europe Barite For Grade Market: By Country, 2014-2022 (USD Million)

Table 10 Asia-Pacific Barite For Grade Market: By Country, 2014-2022 (USD Million)

Table 11 Row Barite For Grade Market: By Country, 2014-2022 (USD Million)

Table 12 North America Barite For Application Market: By Country, 2014-2022 (USD Million)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


Market Research Future

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Email: [email protected]

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