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Barite (baryte) is a mineral consist of barium sulfate(BaSO4) with a specific gravity of 4.5. Barite is also identified as a by-product of metals such as sliver zinc and others. Usually, these barites found to be colorless in nature but depending upon impurities that are trapped in crystal formation, colors can vary. Barites are inert and soft with high density, and due to high-density barite has various applications such as in rubber and paper industry, glass manufacturing and others. It has also therapeutic applications to rectify gastrointestinal disorders.
Oil and gas industries are recognized as the largest industries around the world. Therefore, the global market of barite is predicted to increase rapidly as it is widely used in oil and gas industries as a weighting agent which is used in drilling the mud. The rising demand globally is increasing due to reasons such as growing infrastructures and world economies also rely on petrol and oil-based products. For instance, according to World Oil, the world’s drilling activity could rise by 2.5 percent in the year 2019.
Barites mineral is considered as multipurpose minerals utilized in the medical industry due to factors like admirable absorption capability of X-rays & gamma rays. Moreover, for the clinical checking of the gastrointestinal (GI) tract ultrapure barite, along with this barite based compounds can be utilized in the production of paint, glass, ceramics, and others which expected to drive the global barite market.
The operational cost of substitutes of barites is less which can be considered as a threat to the growth of the global barite market. Substitutes such as ilmenite, celestite, iron ore & synthetic hematite are predicted to hamper the growth of the barite market.
Barite Market, by Color:
Global brown barite market size was $806.4 million by the end of 2018 and is estimated to generate revenue of $1324.6 in 2026. This brown Barite is significantly used for vein filling along and is widely used in petroleum well drillings as a weighting agent.
Barite Market, by Deposit type:
Barite market size for residual reached $860.2 million by the end of the year 2018, and it is further expected to generate revenue of $1412.9 million by the year 2026. As compare to other deposit types, residual deposits barites are easily available.
Barite Market, by Grade:
The global barite market for Grade 4.3 accounted for $241.9 million by the end of 2018 and is expected to generate revenue of $364.3 million in 2026. It has various types of applications such as computer monitors, soundproofing material and also in the automobile industry for the manufacturing of brake liners. As the automobile industry is growing rapidly around the globe it can make a positive impact on the barite market.
Barite Market, by End-Use Industry:
The oil and gas industry barite market generated revenue of $564.5 million by the end of the year 2018 and is anticipated to register a revenue of $906.5 million in the 2026 year. Rising demand for energy such as oil, power, gas LNG (Liquefying Natural Gas) globally is expected to rise the global barite market growth.
Barite Market, by Region:
North America barite market generated revenue of $806.4 million by the end of the year 2018 and is anticipated to reach $1285.3 million in the year 2026. As per publication of Voyageur Pvt ltd, in Canada & the US, the industrial market of high-grade barite is 400,000 tones/year approx. Moreover, the purest barite has been found in the Fireside mine of Canada.
Asia Pacific barite market reached $591.4 million by the end of 2018 and is anticipated to reach $978.7 million in 2026. Key elements like rising consumption in gas & oil, an extensive number of mines of barites in Asian countries along with rising the production of electronic devices like TV, panels of LED, and others will upsurge the barite market growth.
Key players of the global barite market comprise of Apmdc, International Earth Products LLC, Excalibar Minerals LLC, Milwhite Inc. Desku Group Inc., Kaomin Industries, Halliburton Co., Mil-Spec Industries Corporation, Seaforth Mineral & Ore Co. Inc. Ashapura Group., these key players initiated various business strategies such as technological advancements, mergers & acquisitions, product launch, and others to strengthen their presence in global barite.
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.4.1. Assumptions
1.4.2. Forecast parameters
1.5. Data sources
1.5.1. Primary
1.5.2. Secondary
2. Executive Summary
2.1. 360° summary
2.2. Color
2.3. Deposit Type
2.4. Grade
2.5. End Use Industry
3. Market overview
3.1. Market segmentation & definitions
3.2. Key takeaways
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Market value chain analysis
3.8.1. Stress point analysis
3.9. Strategic overview
4. Barite Market, by Color
4.1. Brown
4.1.1. Market size and forecast, by region, 2016-2026
4.1.2. Comparative market share analysis, 2018 & 2026
4.2. Grey
4.2.1. Market size and forecast, by region, 2016-2026
4.2.2. Comparative market share analysis, 2018 & 2026
4.3. White & Off white
4.3.1. Market size and forecast, by region, 2016-2026
4.3.2. Comparative market share analysis, 2018 & 2026
4.4. Others
4.4.1. Market size and forecast, by region, 2016-2026
4.4.2. Comparative market share analysis, 2018 & 2026
5. Barite Market, by Deposit Type
5.1. Bedding
5.1.1. Market size and forecast, by region, 2016-2026
5.1.2. Comparative market share analysis, 2018 & 2026
5.2. Cavity Filling
5.2.1. Market size and forecast, by region, 2016-2026
5.2.2. Comparative market share analysis, 2018 & 2026
5.3. Residual
5.3.1. Market size and forecast, by region, 2016-2026
5.3.2. Comparative market share analysis, 2018 & 2026
5.4. Vein
5.4.1. Market size and forecast, by region, 2016-2026
5.4.2. Comparative market share analysis, 2018 & 2026
6. Barite Market, by Grade
6.1. Grade 3.9
6.1.1. Market size and forecast, by region, 2016-2026
6.1.2. Comparative market share analysis, 2018 & 2026
6.2. Grade 4.0
6.2.1. Market size and forecast, by region, 2016-2026
6.2.2. Comparative market share analysis, 2018 & 2026
6.3. Grade 4.1
6.3.1. Market size and forecast, by region, 2016-2026
6.3.2. Comparative market share analysis, 2018 & 2026
6.4. Grade 4.2
6.4.1. Market size and forecast, by region, 2016-2026
6.4.2. Comparative market share analysis, 2018 & 2026
6.5. Grade 4.3
6.5.1. Market size and forecast, by region, 2016-2026
6.5.2. Comparative market share analysis, 2018 & 2026
6.6. Grade above 4.3
6.6.1. Market size and forecast, by region, 2016-2026
6.6.2. Comparative market share analysis, 2018 & 2026
7. Barite Market, by End Use Industry
7.1. Adhesives
7.1.1. Market size and forecast, by region, 2016-2026
7.1.2. Comparative market share analysis, 2018 & 2026
7.2. Oil & Drilling
7.2.1. Market size and forecast, by region, 2016-2026
7.2.2. Comparative market share analysis, 2018 & 2026
7.3. Pharmaceuticals
7.3.1. Market size and forecast, by region, 2016-2026
7.3.2. Comparative market share analysis, 2018 & 2026
7.4. Paints & Coatings
7.4.1. Market size and forecast, by region, 2016-2026
7.4.2. Comparative market share analysis, 2018 & 2026
7.5. Rubber & Plastics
7.5.1. Market size and forecast, by region, 2016-2026
7.5.2. Comparative market share analysis, 2018 & 2026
7.6. Textiles
7.6.1. Market size and forecast, by region, 2016-2026
7.6.2. Comparative market share analysis, 2018 & 2026
7.7. Others
7.7.1. Market size and forecast, by region, 2016-2026
7.7.2. Comparative market share analysis, 2018 & 2026
8. Barite Market, by Region
8.1. North America
8.1.1. Market size and forecast, by color, 2016-2026
8.1.2. Market size and forecast, by deposit type, 2016-2026
8.1.3. Market size and forecast, by grade, 2016-2026
8.1.4. Market size and forecast, by end use industry, 2016-2026
8.1.5. Market size and forecast, by country, 2016-2026
8.1.6. Comparative market share analysis, 2018 & 2026
8.1.7. U.S.
8.1.7.1. Market size and forecast, by color, 2016-2026
8.1.7.2. Market size and forecast, by deposit type, 2016-2026
8.1.7.3. Market size and forecast, by grade, 2016-2026
8.1.7.4. Market size and forecast, by end use industry, 2016-2026
8.1.7.5. Comparative market share analysis, 2018 & 2026
8.1.8. Canada
8.1.8.1. Market size and forecast, by color, 2016-2026
8.1.8.2. Market size and forecast, by deposit type, 2016-2026
8.1.8.3. Market size and forecast, by grade, 2016-2026
8.1.8.4. Market size and forecast, by end use industry, 2016-2026
8.1.8.5. Comparative market share analysis, 2018 & 2026
8.1.9. Mexico
8.1.9.1. Market size and forecast, by color, 2016-2026
8.1.9.2. Market size and forecast, by deposit type, 2016-2026
8.1.9.3. Market size and forecast, by grade, 2016-2026
8.1.9.4. Market size and forecast, by end use industry, 2016-2026
8.1.9.5. Comparative market share analysis, 2018 & 2026
8.2. Europe
8.2.1. Market size and forecast, by color, 2016-2026
8.2.2. Market size and forecast, by deposit type, 2016-2026
8.2.3. Market size and forecast, by grade, 2016-2026
8.2.4. Market size and forecast, by end use industry, 2016-2026
8.2.5. Market size and forecast, by country, 2016-2026
8.2.6. Comparative market share analysis, 2018 & 2026
8.2.7. Germany
8.2.7.1. Market size and forecast, by color, 2016-2026
8.2.7.2. Market size and forecast, by deposit type, 2016-2026
8.2.7.3. Market size and forecast, by grade, 2016-2026
8.2.7.4. Market size and forecast, by end use industry, 2016-2026
8.2.7.5. Comparative market share analysis, 2018 & 2026
8.2.8. Spain
8.2.8.1. Market size and forecast, by color, 2016-2026
8.2.8.2. Market size and forecast, by deposit type, 2016-2026
8.2.8.3. Market size and forecast, by grade, 2016-2026
8.2.8.4. Market size and forecast, by end use industry, 2016-2026
8.2.8.5. Comparative market share analysis, 2018 & 2026
8.2.9. France
8.2.9.1. Market size and forecast, by color, 2016-2026
8.2.9.2. Market size and forecast, by deposit type, 2016-2026
8.2.9.3. Market size and forecast, by grade, 2016-2026
8.2.9.4. Market size and forecast, by end use industry, 2016-2026
8.2.9.5. Comparative market share analysis, 2018 & 2026
8.2.10. Italy
8.2.10.1. Market size and forecast, by color, 2016-2026
8.2.10.2. Market size and forecast, by deposit type, 2016-2026
8.2.10.3. Market size and forecast, by grade, 2016-2026
8.2.10.4. Market size and forecast, by end use industry, 2016-2026
8.2.10.5. Comparative market share analysis, 2018 & 2026
8.2.11. Rest of the Europe
8.2.11.1. Market size and forecast, by color, 2016-2026
8.2.11.2. Market size and forecast, by deposit type, 2016-2026
8.2.11.3. Market size and forecast, by grade, 2016-2026
8.2.11.4. Market size and forecast, by end use industry, 2016-2026
8.2.11.5. Comparative market share analysis, 2018 & 2026
8.3. Asia-Pacific
8.3.1. Market size and forecast, by color, 2016-2026
8.3.2. Market size and forecast, by deposit type, 2016-2026
8.3.3. Market size and forecast, by grade, 2016-2026
8.3.4. Market size and forecast, by end use industry, 2016-2026
8.3.5. Market size and forecast, by country, 2016-2026
8.3.6. Comparative market share analysis, 2018 & 2026
8.3.7. China
8.3.7.1. Market size and forecast, by color, 2016-2026
8.3.7.2. Market size and forecast, by deposit type, 2016-2026
8.3.7.3. Market size and forecast, by grade, 2016-2026
8.3.7.4. Market size and forecast, by end use industry, 2016-2026
8.3.7.5. Comparative market share analysis, 2018 & 2026
8.3.8. Japan
8.3.8.1. Market size and forecast, by color, 2016-2026
8.3.8.2. Market size and forecast, by deposit type, 2016-2026
8.3.8.3. Market size and forecast, by grade, 2016-2026
8.3.8.4. Market size and forecast, by end use industry, 2016-2026
8.3.8.5. Comparative market share analysis, 2018 & 2026
8.3.9. India
8.3.9.1. Market size and forecast, by color, 2016-2026
8.3.9.2. Market size and forecast, by deposit type, 2016-2026
8.3.9.3. Market size and forecast, by grade, 2016-2026
8.3.9.4. Market size and forecast, by end use industry, 2016-2026
8.3.9.5. Comparative market share analysis, 2018 & 2026
8.3.10. Australia
8.3.10.1. Market size and forecast, by color, 2016-2026
8.3.10.2. Market size and forecast, by deposit type, 2016-2026
8.3.10.3. Market size and forecast, by grade, 2016-2026
8.3.10.4. Market size and forecast, by end use industry, 2016-2026
8.3.10.5. Comparative market share analysis, 2018 & 2026
8.3.11. South Korea
8.3.11.1. Market size and forecast, by color, 2016-2026
8.3.11.2. Market size and forecast, by deposit type, 2016-2026
8.3.11.3. Market size and forecast, by grade, 2016-2026
8.3.11.4. Market size and forecast, by end use industry, 2016-2026
8.3.11.5. Comparative market share analysis, 2018 & 2026
8.3.12. Rest of the Asia Pacific
8.3.12.1. Market size and forecast, by color, 2016-2026
8.3.12.2. Market size and forecast, by deposit type, 2016-2026
8.3.12.3. Market size and forecast, by grade, 2016-2026
8.3.12.4. Market size and forecast, by end use industry, 2016-2026
8.3.12.5. Comparative market share analysis, 2018 & 2026
8.4. LAMEA
8.4.1. Market size and forecast, by color, 2016-2026
8.4.2. Market size and forecast, by deposit type, 2016-2026
8.4.3. Market size and forecast, by grade, 2016-2026
8.4.4. Market size and forecast, by end use industry, 2016-2026
8.4.5. Market size and forecast, by country, 2016-2026
8.4.6. Comparative market share analysis, 2018 & 2026
8.4.7. Brazil
8.4.7.1. Market size and forecast, by color, 2016-2026
8.4.7.2. Market size and forecast, by deposit type, 2016-2026
8.4.7.3. Market size and forecast, by grade, 2016-2026
8.4.7.4. Market size and forecast, by end use industry, 2016-2026
8.4.7.5. Comparative market share analysis, 2018 & 2026
8.4.8. Saudi Arabia
8.4.8.1. Market size and forecast, by color, 2016-2026
8.4.8.2. Market size and forecast, by deposit type, 2016-2026
8.4.8.3. Market size and forecast, by grade, 2016-2026
8.4.8.4. Market size and forecast, by end use industry, 2016-2026
8.4.8.5. Comparative market share analysis, 2018 & 2026
8.4.9. South Africa
8.4.9.1. Market size and forecast, by color, 2016-2026
8.4.9.2. Market size and forecast, by deposit type, 2016-2026
8.4.9.3. Market size and forecast, by grade, 2016-2026
8.4.9.4. Market size and forecast, by end use industry, 2016-2026
8.4.9.5. Comparative market share analysis, 2018 & 2026
8.4.10. Rest of LAMEA
8.4.10.1. Market size and forecast, by color, 2016-2026
8.4.10.2. Market size and forecast, by deposit type, 2016-2026
8.4.10.3. Market size and forecast, by grade, 2016-2026
8.4.10.4. Market size and forecast, by end use industry, 2016-2026
8.4.10.5. Comparative market share analysis, 2018 & 2026
9. Company profiles
9.1. Apmdc
9.1.1. Business overview
9.1.2. Financial performance
9.1.3. Product portfolio
9.1.4. Recent strategic moves & developments
9.1.5. SWOT analysis
9.2. Desku Group Inc.
9.2.1. Business overview
9.2.2. Financial performance
9.2.3. Product portfolio
9.2.4. Recent strategic moves & developments
9.2.5. SWOT analysis
9.3. Ashapura Group.
9.3.1. Business overview
9.3.2. Financial performance
9.3.3. Product portfolio
9.3.4. Recent strategic moves & developments
9.3.5. SWOT analysis
9.4. Halliburton Co.
9.4.1. Business overview
9.4.2. Financial performance
9.4.3. Product portfolio
9.4.4. Recent strategic moves & developments
9.4.5. SWOT analysis
9.5. International Earth Products llc
9.5.1. Business overview
9.5.2. Financial performance
9.5.3. Product portfolio
9.5.4. Recent strategic moves & developments
9.5.5. SWOT analysis
9.6. Excalibar Minerals llc
9.6.1. Business overview
9.6.2. Financial performance
9.6.3. Product portfolio
9.6.4. Recent strategic moves & developments
9.6.5. SWOT analysis
9.7. Kaomin Industries
9.7.1. Business overview
9.7.2. Financial performance
9.7.3. Product portfolio
9.7.4. Recent strategic moves & developments
9.7.5. SWOT analysis
9.8. Mil-Spec Industries Corporation
9.8.1. Business overview
9.8.2. Financial performance
9.8.3. Product portfolio
9.8.4. Recent strategic moves & developments
9.8.5. SWOT analysis
9.9. Seaforth Mineral & Ore Co. Inc.
9.9.1. Business overview
9.9.2. Financial performance
9.9.3. Product portfolio
9.9.4. Recent strategic moves & developments
9.9.5. SWOT analysis
9.10. Milwhite Inc.
9.10.1. Business overview
9.10.2. Financial performance
9.10.3. Product portfolio
9.10.4. Recent strategic moves & developments
9.10.5. SWOT analysis
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