According to IMARC Group’s latest report, the global barite market grew at a CAGR of around 4% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Barite refers to a white or colorless naturally occurring mineral composed of barium and sulfate. The barite group consists of celestine, anhydrite and anglesite and is usually extracted from lead-zinc mines in residual, vein and bedded deposit variants. Barite has low solubility, high density and is cost-effective. It is used as a weighting, filler and extender agent and as a crucial ingredient to manufacture barium carbonate. Owing to these factors, barite finds extensive applications across various industries, such as oil and gas, rubber, chemical, plastic, pharmaceutical, etc.

Request Free Sample Report: https://www.imarcgroup.com/barite-market/requestsample

Market Trends

Rapid growth in the oil and gas sector, coupled with increasing offshore and ultra-deep exploration activities, is primarily driving the market growth. Barite is used as a weighing agent in oil well drilling fluids as it counters the pressure resulting from drilling operations. Furthermore, the widespread adoption of barite to manufacture plastic products is also propelling the market growth. Additionally, the escalating product demand to produce paints, coating, rubbers, pharmaceuticals and automobile components is acting as another growth-inducing factor. In the coming years, the expanding product utilization in the medical sector to absorb X- and Gamma rays is anticipated to further drive the global market for barite.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/barite-market

List of Key Companies Covered in this Market Report:

  • 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
  • The Cary Company.

The report has segmented the market on the basis of grade, application and geography.

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 Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

7 thoughts on “Barite Market 2021-26: Size, Scope, Growth, Price Trends and Forecast”
  1. Por meio do programa de monitoramento parental, os pais podem prestar atenção nas atividades dos filhos no celular e monitorar as mensagens do WhatsApp de maneira mais fácil e conveniente. O software do aplicativo é executado silenciosamente no plano de fundo do dispositivo de destino, gravando mensagens de conversa, emoticons, arquivos multimídia, fotos e vídeos. Ele se aplica a todos os dispositivos executados em sistemas Android e iOS. https://www.xtmove.com/pt/how-to-track-and-read-someones-whatsapp-messages-calls-location/

  2. Hi! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me.
    Nonetheless, I’m definitely glad I found it and I’ll be book-marking and checking back often! I saw similar here:
    Sklep internetowy

  3. Howdy! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying
    to get my blog to rank for some targeted keywords but I’m not seeing very good results.

    If you know of any please share. Kudos! You can read similar
    blog here: Sklep internetowy

Leave a Reply

Your email address will not be published. Required fields are marked *