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Global Barite Market Size to reach USD2.5 Billion by 2027

Global Barite Market analysis segmented by Form (Lumps and Powder). By Grade (Up to Grade 3.9, Grade 4.0, Grade 4.1, Grade 4.2, Grade 4.3, and Grade Above 4.3). By Color (White & Off-white, Grey, Brown, and Others). By Deposit Type (Residual, Bedding, Vein, and Cavity Filling). By End User Industry (Oil & Drilling, Paints & Coatings, Pharmaceuticals, Rubber & Plastics, Textiles, Adhesives, and Others). Regional Forecasting to 2020- 2027

Product Code: CAMGMAM_20536889
Publish Date: 28-11-2020
Page: 200

Global Barite Market was valued at USD 1.4 Billion in 2019 and expected to grow with a CAGR 7.3% during forecasting years. Barite is a mineral consist of celestine, Barium Sulfate (BaSO4) and anhydrite (calcium sulfate) generally barite found in yellow, white, brown, blue or even colorless. Barite arises in many depositional environmental (both metallic and nonmetallic) and is collected from many processes comprises with hydrothermal, biogenic and evaporation. This mineral uses in oxygen and sulfur isotopic analysis, Oil and gas drilling other uses. Barite has been founded in Brazil, Nigeria, Australia, Canada, China, India, Pakistan, Germany. Increasing production of Oil and gas drilling and barium carbonate is the key driver to grow the market during forecasting years. Barium carbonate is used for manufacturing of LED glass as widespread usage of LED glass for manufacturing television, Computer screen and other. Further, increasing demand in U.S. for shale oil drilling operation which increasing in investment by major companies. Additionally, as per IAEE (International Association for Energy Economics) U.S. shale oil production is increase from about 1 mbd in 2012 to2 mbd in 2020 before it plateaus at 3 mbd by 2025. Despite that, substitution of barite for other minerals restrain Barite Market growth during forecasting years.
The regional analysis of the Barite Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In which, APAC dominating the Global Barite Market, as increasing Energy demand in the region which increase the exploration activity and likely surge demand for paint and coating in the region However, North America has largest market share of Global Barite Market as increasing investment on mineral exploration activities which plays key role in the growth of Barite Market.

Key Players in Global Barite Market
Demeter O&G Supplies Sn Bhd
Chinchana Group
Kia Energy Company Ltd.
Nhat Huy Group
Ashapura Group
General Electric
Schlumberger Limited
Sojitz Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Form:
By Grade:
Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade Above 4.3
By Colour:
White & Off-white
Others (Yellow Barite and Blue Barite)
By Deposit Type:
Cavity Filling
By End User Industry:
Oil & Drilling
Paints & Coatings
Rubber & Plastics
Others (Paper Making and Cosmetic Industries)
By Region:
North America

Asia Pacific

Latin America
Rest of LA
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of Global Barite Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Global Barite Market, by Form, 2018-2027 (USD Billion)
1.2.2. Global Barite Market, by Grade, 2018-2027 (USD Billion)
1.2.3. Global Barite Market, by Colour, 2018-2027 (USD Billion)
1.2.4. Global Barite Market, by Deposit Type, 2018-2027 (USD Billion)
1.2.5. Global Barite Market, by End User Industry, 2018-2027 (USD Billion)
1.2.6. Global Barite Market, By Region, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Barite Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Barite Market Dynamics
3.1. Global Barite Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Barite Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Barite Market, by Form
5.1. Market Snapshot
5.2. Global Barite Market by Source, Performance – Potential Analysis
5.3. Global Barite Market Estimates & Forecasts by Form, 2018-2027 (USD Billion)
5.4. Global Barite Market, Sub Segment Analysis
5.4.1 Lumps
5.4.2 Powder
Chapter 6. Global Barite Market, by Grade
6.1. Market Snapshot
6.2. Global Barite Market by Source, Performance – Potential Analysis
6.3. Global Barite Market Estimates & Forecasts by Grade, 2018-2027 (USD Billion)
6.4. Global Barite Market, Sub Segment Analysis
6.4.1. Up to Grade 3.9
6.4.2. Grade 4.0
6.4.3. Grade 4.1
6.4.4. Grade 4.2
6.4.5. Grade 4.3
6.4.6. Grade Above 4.3
Chapter 7. Global Barite Market, by Colour
7.1. Market Snapshot
7.2. Global Barite Market by Source, Performance – Potential Analysis
7.3. Global Barite Market Estimates & Forecasts by Colour, 2018-2027 (USD Billion)
7.4. Global Barite Market, Sub Segment Analysis
7.4.1. White & Off-white
7.4.2. Grey
7.4.3. Brown
7.4.4. Others
Chapter 8. Global Barite Market, by Deposit Type
8.1. Market Snapshot
8.2. Global Barite Market by Source, Performance – Potential Analysis
8.3. Global Barite Market Estimates & Forecasts by Deposit Type, 2018-2027 (USD Billion)
8.4. Global Barite Market, Sub Segment Analysis
8.4.1. Residual
8.4.2. Bedding
8.4.3. Vein
8.4.4. Cavity Filling
Chapter 9. Global Barite Market, by End User Industry
9.1. Market Snapshot
9.2. Global Barite Market by Source, Performance – Potential Analysis
9.3. Global Barite Market Estimates & Forecasts by End User Industry, 2018-2027 (USD Billion)
9.4. Global Barite Market, Sub Segment Analysis
9.4.1. Oil & Drilling
9.4.2. Paints & Coatings
9.4.3. Pharmaceuticals
9.4.4. Rubber & Plastics
9.4.5. Textiles, Adhesives
9.4.6. Others
Chapter 10. Global Barite Market, Regional Analysis
10.1. Global Barite Market, Regional Market Snapshot
10.2. North America Global Barite Market
10.2.1. U.S. Global Barite Market Form breakdown estimates & forecasts, 2018-2027 Grade breakdown estimates & forecasts, 2018-2027 Colour breakdown estimates & forecasts, 2018-2027 Deposit Type breakdown estimates & forecasts, 2018-2027 End User Industry breakdown estimates & forecasts, 2018-2027
10.2.2. Canada Global Barite Market
10.3. Europe Global Barite Market Snapshot
10.3.1. U.K. Global Barite Market
10.3.2. Germany Global Barite Market
10.3.3. France Global Barite Market
10.3.4. Spain Global Barite Market
10.3.5. Italy Global Barite Market
10.3.6. Rest of Europe Global Barite Market
10.4. Asia-Pacific Global Barite Market Snapshot
10.4.1. China Global Barite Market
10.4.2. India Global Barite Market
10.4.3. Japan Global Barite Market
10.4.4. Australia Global Barite Market
10.5. Latin America Global Barite Market Snapshot
10.6. Rest of The World Global Barite Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profile
11.2.1. DEMETER O&G SUPPLIES SN BHD Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.8. SIBELCO
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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