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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Barite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global barite market grew at a CAGR of around 4% during 2015-2020. Barite is a white or colorless naturally occurring mineral composed of barium and sulfate. The barite group consists of anhydrite, celestine and anglesite and is commonly extracted from lead-zinc mines in vein, residual and bedded deposit variants. The vein and residual deposits are hydrothermal, whereas the bedded deposits are sedimentary deposits. Barite exhibits various advantageous properties, such as low solubility, high density, chemical inertness and cost-effectiveness. It is used as a weighting, filler and extender agent and as a crucial ingredient to manufacture barium carbonate. As a result, it finds extensive applications across various industries, such as oil and gas, chemical, rubber, plastic, medical and pharmaceutical.

Significant growth in the oil and gas industry, along with increasing offshore and ultra-deep exploration activities across the globe, is one of the key factors creating a positive outlook for the market. Barite is used as a weighing agent in oil well drilling fluids as it counters the pressure resulting from drilling operations. Moreover, the widespread adoption of barite for the manufacturing of plastic products is also driving the market growth. It is used as a non-toxic, water-soluble and stable chemical filler to enhance the gloss, strength and weatherability of plastic products. Additionally, the rising product demand for the production of paints, coating, rubbers, pharmaceuticals and automobile components, is acting as another growth-inducing factor. Rapid urbanization, along with increasing product utilization in the medical industry to absorb X- and Gamma rays, are some of the factors that are anticipated to drive the market further. Looking forward, IMARC Group expects the global barite market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global barite market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, grade and application.

Breakup by Grade:

  • Upto 3.9
  • Special Grade 4.0
  • Special Grade 4.1
  • Special Grade 4.2
  • Special Grade 4.3 and Above
     

Breakup by Application:

  • Oil and Gas
  • Chemicals
  • Pharmaceuticals
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Anglo Pacific Minerals Ltd., Ashapura Minechem Limited (AMCOL International Corporation), Baker Hughes Company, International Earth Products LLC, Milwhite Inc., Newpark Resources Inc., P&S Barite Mining Co. Ltd., Schlumberger Limited, Sojitz Corporation, The Andhra Pradesh Mineral Development Corporation Limited and The Cary Company.

Key Questions Answered in This Report:

  • How has the global barite market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global barite market?
  • What are the key regional markets?
  • What is the breakup of the market based on the grade?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global barite market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Barite Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Grade
    6.1    Upto 3.9
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Special Grade 4.0
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Special Grade 4.1
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Special Grade 4.2
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Special Grade 4.3 and Above
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Oil and Gas
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Chemicals
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Pharmaceuticals
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Anglo Pacific Minerals Ltd.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Ashapura Minechem Limited (AMCOL International Corporation)
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Baker Hughes Company
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    International Earth Products LLC
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Milwhite Inc.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Newpark Resources Inc
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    P&S Barite Mining Co. Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Schlumberger Limited
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    Sojitz Corporation
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    The Andhra Pradesh Mineral Development Corporation Limited
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    The Cary Company
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Barite Market: Major Drivers and Challenges
Figure 2: Global: Barite Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Barite Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Barite Market: Breakup by Grade (in %), 2020
Figure 5: Global: Barite Market: Breakup by Application (in %), 2020
Figure 6: Global: Barite Market: Breakup by Region (in %), 2020
Figure 7: Global: Barite (Upto 3.9) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Barite (Upto 3.9) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Barite (Special Grade 4.0) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Barite (Special Grade 4.0) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Barite (Special Grade 4.1) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Barite (Special Grade 4.1) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Barite (Special Grade 4.2) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Barite (Special Grade 4.2) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Barite (Special Grade 4.3 and Above) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Barite (Special Grade 4.3 and Above) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Barite (Oil and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Barite (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Barite (Chemicals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Barite (Chemicals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Barite (Pharmaceuticals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Barite (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Barite (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Barite (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: North America: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: North America: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Canada: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Canada: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Asia-Pacific: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Asia-Pacific: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: China: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: China: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Japan: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Japan: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: India: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: India: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: South Korea: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: South Korea: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Australia: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Australia: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Indonesia: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Indonesia: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Others: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Others: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Europe: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Europe: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Germany: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Germany: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: France: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: France: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: United Kingdom: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: United Kingdom: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Italy: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Italy: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Spain: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Spain: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Russia: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Russia: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Others: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Others: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Latin America: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Latin America: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Brazil: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Brazil: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Mexico: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Mexico: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Middle East and Africa: Barite Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Middle East and Africa: Barite Market: Breakup by Country (in %), 2020
Figure 73: Middle East and Africa: Barite Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Global: Barite Industry: SWOT Analysis
Figure 75: Global: Barite Industry: Value Chain Analysis
Figure 76: Global: Barite Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Barite Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Barite Market Forecast: Breakup by Grade (in Million US$), 2021-2026
Table 3: Global: Barite Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Barite Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Barite Market: Competitive Structure
Table 6: Global: Barite Market: Key Players

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