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.
According to our (Global Info Research) latest study, the global Barite Products market size was valued at USD 571.3 million in 2022 and is forecast to a readjusted size of USD 710.2 million by 2029 with a CAGR of 3.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Barite Products key players include Excalibar Minerals, Milwhite, Andhra Pradesh Mineral Development, Halliburton(Hughes), SinoBarite etc. Global top five manufacturers hold a share over 25%.
China is the largest market, with a share over 30%, followed by India and EMEA, both have a share over 30% percent.
In terms of product, Grade above 4.3 is the largest segment, with a share over 20%. And in terms of application, the largest application is Drilling Industry (Rig) followed by Medical Industry.
This report is a detailed and comprehensive analysis for global Barite Products market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Barite Products market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Barite Products market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Barite Products market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Barite Products market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Barite Products
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Barite Products market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Excalibar Minerals, Milwhite, Andhra Pradesh Mineral Development, Halliburton(Hughes) and SinoBarite, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Barite Products market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3
Market segment by Application
Drilling Industry (Rig)
Medical Industry
Rubber & Plastics
Pulps and Papers
Paints and Coatings
Cosmetic Industry
Others
Major players covered
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 region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Barite Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Barite Products, with price, sales, revenue and global market share of Barite Products from 2018 to 2023.
Chapter 3, the Barite Products competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Barite Products breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Barite Products market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Barite Products.
Chapter 14 and 15, to describe Barite Products sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Barite Products . Industry analysis & Market Report on Barite Products is a syndicated market report, published as Global Barite Products Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Barite Products market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.