As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Barite Market: By Grade; By Deposit Type: Bedding, Residual, Vein, Cavity Filling, Others; By End Use: Paints and Coatings, Textiles, Rubber and Plastics, Adhesives, Pharmaceuticals; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Barite Market Outlook

The global barite market is expected to grow at a CAGR of 6% in the forecast period of 2020-2025.

 

Rising Production of Oil and Gas to Aid the Barite Industry

The barite industry is being driven by the rising production of oil and gas across the globe. Barite is used to increase hydrostatic pressure to reduce high-pressure zones during drilling activities. The rising demand for energy on a global scale has fuelled the production for oil and gas. The global market for barite is significantly being supported by the North America region. Within the region, the United States has a major share for barite, mainly for oil and gas drilling activities. North America is followed by the Asia Pacific. Within the Asia Pacific, the consumption of barite involves oil and gas drilling activities and its use as a filler material in coatings, rubber, paints, and ceramics. The Middle East and Africa is also witnessing a high rate of consumption of barite on account of the availability of large reserves of crude oil in the region.

 

Barite: Industry Definition and Segmentation

Barite (BaSO4) is a mineral containing barium sulphate. It comes in various colours like brown, yellow, blue, grey, and it could even be colourless. The commercial deposits of barite are found primarily in the United States, China, Morocco, and India. It is a vital mineral due to its usage in exploration and advancement of petroleum and natural gas resources.

On the basis of grade, the market is divided into:

  • Up to Grade 3.9
  • Grade 4.0
  • Grade 4.1
  • Grade 4.2
  • Grade 4.3
  • Grade Above 4.3
  • Others

Based on deposit type, the industry can be segmented into:

  • Bedding
  • Residual
  • Vein
  • Cavity Filling
  • Others

By end use, the industry is categorised into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Extensive Applications of Barite are Expected to Aid the Global Market Growth

The barite industry is being driven by its rising demand as a weighting agent for drilling fluids within oil and gas drilling activities. Barite has high density, low hardness, low oil consumption, and is available in abundance, which makes it an ideal drilling fluid additive. The market is further aided by the extensive applications of the product as a filler agent in coatings, paints, and rubbers due to its high specific density. It is extensively used in the paints and coatings industry due to the reduction in the production of oil globally.

 

Key Industry Players in the Global Barite Market

The report gives a detailed analysis of the following key players in the global barite market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Intercontinental Mining
  • The Kish Company, Inc.
  • Steinbock Minerals Ltd
  • International Earth Products LLC
  • Desku Group Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Barite Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Barite Historical Market (2016-2020) 
    8.3    Global Barite Market Forecast (2021-2026)
    8.4    Global Barite Market by Grade
        8.4.1    Up to Grade 3.9
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Grade 4.0
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Grade 4.1
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Grade 4.2
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Grade 4.3
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Grade Above 4.3
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Others
    8.5    Global Barite Market by Deposit Type
        8.5.1    Bedding
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Residual
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Vein
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Cavity Filling
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Barite Market by End Use
        8.6.1    Paints and Coatings
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Textiles
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Rubber and Plastics
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Adhesives
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Pharmaceuticals
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Others
    8.7    Global Barite Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    Ind7\ia
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Intercontinental Mining
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    The Kish Company, Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Steinbock Minerals Ltd
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    International Earth Products LLC
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Desku Group Inc.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

List of Figures and Tables

1.    Global Barite Market: Key Industry Highlights, 2016 and 2026
2.    Global Barite Historical Market: Breakup by Grade (USD Million), 2016-2020
3.    Global Barite Market Forecast: Breakup by Grade (USD Million), 2021-2026
4.    Global Barite Historical Market: Breakup by Deposit Type (USD Million), 2016-2020
5.    Global Barite Market Forecast: Breakup by Deposit Type (USD Million), 2021-2026
6.    Global Barite Historical Market: Breakup by End Use (USD Million), 2016-2020
7.    Global Barite Market Forecast: Breakup by End Use (USD Million), 2021-2026
8.    Global Barite Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Barite Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Barite Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Barite Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Barite Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Barite Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Barite Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Barite Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Barite Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Barite Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Barite Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Barite Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Barite Market Structure

Key Questions Answered in the Report

The global barite market is projected to grow at a CAGR of 6% between 2020 and 2025.

The major drivers of the industry, such as the rising demand for energy, rising demand from the developing regions, and the growing technological advancements, are expected to aid the market growth.

The key trend guiding the growth of the market includes the technological advancements.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading grades of barite in the market are up to grade 3.9, grade 4.0, grade 4.1, grade 4.2, grade 4.3, and grade above 4.3, among others.

The significant deposit types of barite in the industry are bedding, residual, vein, and cavity filling, among others.

The major end use sectors in the market are paints and coatings, textiles, rubber and plastics, adhesives, and pharmaceuticals, among others.

The major players in the industry are Intercontinental Mining, The Kish Company, Inc., Steinbock Minerals Ltd, International Earth Products LLC, and Desku Group Inc., among others.

Analyst Review

The global barite market is being driven by the growing demand for energy. Aided by technological advancements, the market is expected to witness a healthy growth in the forecast period of 2020-2025, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on grade, the market is segmented into up to grade 3.9, grade 4.0, grade 4.1, grade 4.2, grade 4.3, and grade above 4.3, among others. By deposit type, the industry is divided into bedding, residual, vein, and cavity filling, among others. Based on end use, the market is categorised into paints and coatings, textiles, rubber and plastics, adhesives, and pharmaceuticals, among others. The major regional markets for barite are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Intercontinental Mining, The Kish Company, Inc., Steinbock Minerals Ltd, International Earth Products LLC, and Desku Group Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3099     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4099     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5099     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Silicon Photonics Market Report and Forecast 2020-2025


Global Stroboscope Market Report and Forecast 2020-2025


Global Arc Welding Equipment Market Report and Forecast 2020-2025


Global Laptop Market Report and Forecast 2020-2025


Indian Printed Circuit Board (PCB) Market Report and Forecast 2020-2025


NEWSLETTER