Barite is a naturally occurring mineral made up of barium sulfate and has atomic number 56. It is found in combination with both metallic and nonmetallic and metallic mineral deposits and a high specific gravity of 4.50 g/cm3. Most of the barite compound that is mined is in the petroleum industry as a weighting product for the production of drilling mud. It is also used across the healthcare industry where its pure form is used in the gastrointestinal tract in order to prevent x-ray penetration, and thus an outline of the gastrointestinal tract that enables easy determination of anatomy. Other applications of barite are clutch pads, plastics, rubber mud flaps, sound-deadening material in automobiles, television and computer monitors, traffic cones, and brake linings.
Growing demand for barite from the oil &gas industry where it is used as a weighting agent is expected to fuel the market growth of barite. Rising use of barite as a white pigment in the paint, textile, and paper industries is also expected to augment the market growth of barite. Growing demand for barite in the manufacturing of barium carbonate which is further used in the production of LED glass is propelling the market growth. LED glass is widely used across television, dielectrics, and computer screens.
Moreover, growth in the automotive industry where barite is used in automobile finishing coats for smoothness is further anticipated to accelerate the market growth of barite. Furthermore, the rising production of barite is also expected to propel the market growth. For instance, in April 2019, CIMBAR Performance Minerals Inc. has opened a new barite operation in Marietta, Ohio. The new plant’s main product is API Drilling Grade Barite with a production capacity of around 125-150,000 tpa and represented an investment of approximately US$5.5m.
The Asia Pacific is expected to gain significant growth over the forecast period and this is due to the increasing production of plastic in the region coupled with the increase in manufacturing industries. According to the India Brand Equity Foundation, in 2019, plastics export from India stood at US$ 10.98 billion out of which exports of raw plastic material stood at US$ 4.53 billion. Moreover, the Indian plastics industry produces and exports a wide range of raw materials, plastic-molded extruded goods, polyester films, molded / soft luggage items, writing instruments, and others.
Key Developments:
In November 2019, Voyageur Minerals Ltd. has announced the formulation and registration submission to Health Canada for its new drug product, MultiXBa. MultiXBa is a specially formulated low-density dry Barium powder. It is engineered to be mixed with water to create a Barium Sulfate suspension for oral consumption to aid in radiographic X-ray procedures to view the upper gastrointestinal tract.
Market Taxonomy
The report segments the global Barite market on the basis of grade, color, end-use industry, and geography. On the basis of grade, the market is segmented into grade up to 3.9, grade 4.0, grade 4.1, grade 4.2, grade 4.3 and grade above 4.3. On the basis of color, the market is categorized into brown, white and off-white, grey and others. On the basis of the end-user industry, the market is segmented as oil & gas, paint & coating, pharmaceuticals, rubber and plastics, textiles, adhesives, and others. On the basis of geography, the market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Key features of the study:
- This report provides an in-depth analysis of the barite market and provides market size (US$ Bn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
- It elucidates potential revenue opportunities across different segments and explains the attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global Barite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
- The global barite market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the barite market.
Detailed Segmentation
Global Barite Market, By Grade:
- Up to Grade 3.9
- Grade 4.0
- Grade 4.1
- Grade 4.2
- Grade 4.3
- Grade above 4.3
Global Barite Market, By Color
- Brown
- White & Off-white
- Grey
- Others
Global Barite Market, By End Use:
- Oil & Gas
- Paints & Coating
- Pharmaceuticals
- Rubber & Plastics
- Textiles
- Adhesives
- Others
Global Barite Market, By Geography:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Company Profiles
- Seaforth Mineral & Ore Co. Inc *
- CIMBAR Performance Minerals
- Shijiazhuang Oushun Mineral Products Company Limited
- Excalibar Minerals LLC.
- Shanghai Titanos Industry Company Limited.
- International Earth Products LLC.
- Spectrum Chemical Manufacturing Corporation
- Anglo Pacific Minerals
- Desku Group Inc.
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objective and Assumptions
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet By Grade
? Market Snippet By Color
? Market Snippet By End-Use
? Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? Merger and Acquisitions
? New Grade Approvals/Launch
? Promotion and Marketing Initiatives
o Cost Tier Down Analysis
4. Global Barite Market, By Grade, 2016- 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Up to Grade 3.9
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grade 4.0
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grade 4.1
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grade 4.2
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grade 4.3
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grade above 4.3
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
5. Global Barite Market, By Color, 2016 - 2025 (USD Million )
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o White and off-white
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Grey
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Brown
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Others
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
6. Global Barite Market, By End-Use, 2016 - 2025 (USD Million )
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Oil and Gas
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Paint and Coatings
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Pharmaceuticals
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Rubber and Plastic
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Textiles
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Adhesives
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
o Others
? Introduction
? Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million )
7. Global Barite Market, By Region, 2016 - 2025 (USD Million )
o Introduction
? Market Share Analysis, By Region, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, For Regions, 2016 - 2025
o North America
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? U.S.
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Canada
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
o Europe
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? U.K.
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Germany
? Country Trends
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Italy
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? France
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Spain
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Russia
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Rest of Europe
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
o Asia Pacific
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? China
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? India
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Japan
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? ASEAN
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Australia
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? South Korea
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Rest of Asia Pacific
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
o Latin America
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? Brazil
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Argentina
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Rest of Latin America
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
o Africa
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? Northern Africa
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Central Africa
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? South Africa
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
o Middle East
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-O-Y Growth Analysis, By Country, 2016 - 2025
? GCC
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Israel
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
? Rest of Middle East
? Country Trends
? Market Size and Forecast, By Grade, 2016 - 2025 (USD Million )
? Market Size and Forecast, By Color, 2016 - 2025 (USD Million )
? Market Size and Forecast, By End-Use, 2016 - 2025 (USD Million )
8. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3x3 Matrix)
o Company Profiles
? Seaforth Mineral & Ore Co. Inc
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? CIMBAR Performance Minerals
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Shijiazhuang Oushun Mineral Grades Company Limited,
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Excalibar Minerals LLC
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Shanghai Titanos Industry Company Limited
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? International Earth Grades LLC
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Spectrum Chemical Manufacturing Corporation
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Anglo Pacific Minerals
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Desku Group Inc
? Company Overview
? Grade Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
o Analyst Views
9. Section
o References
o Research Methodology
o About us and Sales Contact
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