Global Barite Products Market by Manufacturers, Regions, Type and Application, Forecast to 2023

SKU ID : GIR- 11993342

Publishing Date : 13-Jul-2018

No. of pages : 129

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  • Barite is a mineral composed of barium sulfate (BaSO4). It receives its name from the Greek word "barys" which means "heavy." This name is in response to barite's high specific gravity, which is exceptional for a nonmetallic mineral. The high specific gravity of barite makes it suitable for a wide range of industrial, medical, and manufacturing uses. Barite also serves as the principal ore of barium.

    Scope of the Report:
    This report focuses on the Barite Products in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
    Barite is an important mine resource, which is mainly used in drilling industry (Rig). Barite reserve is distributed in China, India and Morocco. China is a leading barite resource distribution region and barite production region. In China, barite resource is distributed in Guizhou, Guangxi and Yunnan province. China has many barite suppliers and market concentration is low. India own the second largest barite resource. In India, Andhra Pradesh Mineral Development is a leading company.

    Barite have many different applications, including drilling industry (rig), medical industry, rubber & plastics, pulps and papers, paints and coatings and cosmetic industry. Drilling industry (rig) is the largest consumption field. During 2012-2016, drilling industry (rig) consumed barite varied from 8264.1 K MT in 2012 to 6107.8 K MT in 2016, with an average decrease rate of 7.28%. Affected by oil & gas industry, drilling industry consumed barite tend to decrease.

    Global major production regions are China and India. In 2016, China produced 2771.1 K MT barite and India produced 1101.6 K MT. China and India are two major exporting countries. Meanwhile, USA is a major importing region. In 2016, USA consumed 1450.3 K MT, which have produced only 422.6 K MT. During 2012- 2016, USA consumption decreased from 3430.3 K MT in 2012 to 1450.3 K MT in 2016, which have great impaction on global total consumption.

    During past five years, global total consumption decreased from 9220.3 K MT in 2012 to 6882.6 K MT in 2017, with an average decreased rate of 5.68%. Barite price increased firstly from 69 /MT in 2012 to 74 /MT in 2013, and then decreased in 2013. Since 2014, barite price kept increasing. Currently, barite average price is about 77 /MT.

    In the future, we predict that global consumption will keep decreasing. By 2023, global consumption will be 6338 K MT. Barite price will increase to 86 /MT by 2023.

    The worldwide market for Barite Products is expected to grow at a CAGR of roughly 0.9% over the next five years, will reach 560 million US$ in 2023, from 530 million US$ in 2017, according to a new GIR () study.

    Market Segment by Manufacturers, this report covers
    Excalibar Minerals
    Milwhite
    Andhra Pradesh Mineral Development
    Halliburton(Hughes)
    SinoBarite
    Başer Mining
    Corpomin
    Guizhou Toli
    China Zhashui Heqi Barite Mining
    Yunnan Judu Minerals
    Haiwo Minerals
    Hubei Chuangyuan Minerals
    Red Star

    Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Market Segment by Type, covers
    Up to Grade 3.9
    Grade 4.0
    Grade 4.1
    Grade 4.2
    Grade 4.3
    Grade above 4.3

    Market Segment by Applications, can be divided into
    Drilling Industry (Rig)
    Medical Industry
    Rubber & Plastics
    Pulps and Papers
    Paints and Coatings
    Cosmetic Industry
    Others

    There are 15 Chapters to deeply display the global Barite Products market.
    Chapter 1, to describe Barite Products Introduction, product scope, market overview, market opportunities, market risk, market driving force;
    Chapter 2, to analyze the top manufacturers of Barite Products, with sales, revenue, and price of Barite Products, in 2016 and 2017;
    Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
    Chapter 4, to show the global market by regions, with sales, revenue and market share of Barite Products, for each region, from 2013 to 2018;
    Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
    Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
    Chapter 12, Barite Products market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
    Chapter 13, 14 and 15, to describe Barite Products sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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