Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Transparency Market Research

Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Published Date 13-07-2015

98 Page Report

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Press Release

Barite Market is Expected to Reach US$ 1.84 Bn in 2023

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Barite Market

REPORT DESCRIPTION

Transparency Market Research has published a new report titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.� According to the report, the global barite market was valued at US$ 1.11 Bn in 2014 and is likely to reach US$ 1.84 Bn in 2023, expanding at a CAGR of 5.8% between 2015 and 2023.

Barite is a colorless mineral, primarily comprising barium sulfate with few impurities. It is the primary source of barium. Barite is used in industries such as oil and gas and chemicals. It is also employed in electronics, medical, automotive, rubber, and paint industries. Barite is an important component of drilling fluids that are used in the crude oil drilling process in the oil and gas industry. It is used as a weighting agent in drilling fluids to inhibit overflow and suppress high formation pressure during the drilling process due to its high specific gravity.

Browse the full Barite Market for Oil and Gas, Chemicals, and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report at: http://www.transparencymarketresearch.com/barite-market.html

Rise in exploration and production activities in the oil and gas industry is estimated to drive the barite market in the near future. Barite forms an indispensable component of drilling fluid. It is used in drilling as well as completion process of oil and gas production. Barite elevates the hydrostatic pressure of drilling mud, enabling it to offset the high-pressure zones encountered during drilling. Specific gravity of barite is highly important in the drilling process; hence, drilling grade barite is offered by manufacturers. However, availability of substitutes such as itabirite, celestite, illmenite, and hematite is likely to hamper the barite market. Potential application of barite in various industries is projected to provide immense opportunities to market players in the near future.

In terms of volume, oil and gas application accounted for the largest share of the global barite market in 2014. The segment held over 80% share of the barite market in 2014. It is also

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anticipated to be the fastest growing application segment in the near future. Chemicals constituted the second-largest share of the global barite market in 2014. The segment is estimated to expand at a moderate rate in the next few years. Others application segment that includes medical, electronics, and rubber is expected to exhibit sluggish growth rate during the forecast period.

Browse the full Press Release: http://www.transparencymarketresearch.com/pressrelease/barite-market.htm

In terms of volume, North America dominated the global barite market, accounting for more than 40% share in 2014. The region was followed by Asia Pacific and Europe. Demand for barite in Middle East & Africa and Latin America is likely to increase at a moderate rate in the next few years due to rising demand for barite in oil and gas applications.

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The global barite market is moderately fragmented in nature; the top three players constituted over 35% share in 2014. Key players in the barite market include Andhra Pradesh Mineral Development Corporation Ltd (India), Ashapura Group of Industries (India), China Shenzhou Mining and Resources Inc. (China), Excalibar Minerals LLC (U.S.).

The report segments the global barite market as follows: Barite Market & Application Analysis Oil and gas Chemicals Others (Including fillers and radiation shielding)

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Barite Market - & Regional Analysis North America U.S. Rest of North America Europe France UK Norway Germany Russia Rest of Europe Asia Pacific China India Japan ASEAN Rest of APAC Latin America Brazil Rest of LATAM Middle East & Africa GCC countries South Africa

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Rest of MEA

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TABLE OF CONTENT

Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Scope 1.3.1 Assumptions 1.4 Research Methodology

Chapter 2 Executive Summary 2.1 Global Barite Market, 2014 – 2023 (Kilo Tons) (US$ Mn) 2.2 Global Barite Market, Snapshot (2014 and 2023)

Chapter 3 Barite Market - Industry Analysis 3.1 Introduction 3.2 Value Chain Analysis

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3.3 Market Drivers 3.3.1 Increasing Production of Oil and Gas is Expected to Raise Demand for Barite 3.3.1.1 Global Oil Production, 2015 – 2025 (Mn Tons) 3.3.2 Increasing Application Area of Barium Compounds is Expected to Boost Demand for Barite 3.3.2.1 Global Medical Imaging Sensor Market Revenue, 2015 – 2023 (US$ Bn) 3.4 Market Restraints 3.4.1 Availability of Substitutes Could Hamper Growth of the Market to Some Extent 3.5 Opportunities 3.5.1 Potential Applications in Nuclear Industry 3.5.1.1 Global Nuclear Energy Industry Revenue, 2015 – 2023 (US$ Bn) 3.6 Porter’s Five Forces Model 3.6.1 Bargaining Power of Suppliers 3.6.2 Bargaining Power of Buyers 3.6.3 Threat from Substitutes 3.6.4 Threat of New Entrants 3.6.5 Degree of Competition 3.7 Global Barite Market: Market Attractiveness 3.8 Global Barite Market: Company Market Share (2014)

Chapter 4 Price Trend Analysis 4.1 Barite Price Trend Analysis, 2014 - 2023

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4.1.1 Barite Price Trend, 2014 - 2023 (US$/Ton)

Chapter 5 Barite Market – Application Analysis 5.1 Global Barite Market : Application Overview 5.1.1 Global Barite Market Volume Share, by Application, 2014 & 2023 5.2 Oil & Gas 5.2.1 Global Barite Market for Oil & Gas, 2014 - 2023 (Kilo Tons) (US$ Mn) 5.3 Chemicals 5.3.1 Global Barite Market for Chemicals, 2014 - 2023 (Kilo Tons) (US$ Mn) 5.4 Others (Including fillers and radiation shielding) 5.4.1 Global Barite Market for Other Applications, 2014 - 2023 (Kilo Tons) (US$ Mn)

Chapter 6 Barite Market – Regional Analysis 6.1 Global Barite Market: Regional Overview 6.1.1 Global Barite Market Volume Share, by Region, 2014 & 2023 6.2 North America 6.2.1 North America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.2.2 North America Barite Market Revenue, by Application, 2014 - 2023 (US$ Mn) 6.2.3 U.S. 6.2.3.1 U.S. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.2.3.2 U.S. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)

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6.2.4 Rest of North America (RoNA) 6.2.4.1 RoNA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.2.4.2 RoNA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3 Europe 6.3.1 Europe Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.2 Europe Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3.3 France 6.3.3.1 France Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.3.2 France Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3.4 U.K. 6.3.4.1 U.K. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.4.2 U.K. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3.5 Norway 6.3.5.1 Norway Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.5.2 Norway Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3.6 Germany 6.3.6.1 Germany Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.6.2 Germany Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.3.7 Russia 6.3.7.1 Russia Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.7.2 Russia Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)

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6.3.8 Rest of Europe (RoE) 6.3.8.1 RoE Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.3.8.2 RoE Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.4 Asia Pacific 6.4.1 Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.4.2 Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.4.3 China 6.4.3.1 China Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.4.3.2 China Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.4.4 India 6.4.4.1 India Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.4.4.2 India Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.4.5 ASEAN 6.4.5.1 ASEAN Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.4.5.2 ASEAN Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.4.6 Rest of Asia Pacific 6.4.6.1 Rest of Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.4.6.2 Rest of Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.5 Latin America 6.5.1 Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.5.2 Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)

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6.5.3 Brazil 6.5.3.1 Brazil Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.5.3.2 Brazil Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.5.4 Rest of Latin America 6.5.4.1 Rest of Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.5.4.2 Rest of Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.6 Middle East & Africa (MEA) 6.6.1 MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.6.2 MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.6.3 GCC 6.6.3.1 GCC Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.6.3.2 GCC Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.6.4 South Africa 6.6.4.1 South Africa Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.6.4.2 South Africa Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) 6.6.5 Rest of MEA 6.6.5.1 Rest of MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) 6.6.5.2 Rest of MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)

Chapter 7 Company Profiles 7.1 The Andhra Pradesh Mineral Development Corporation Ltd

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7.2 Ashapura Group of Industries 7.3 Anglo Pacific Minerals 7.4 China Shen Zhou Mining and Resources, Inc. 7.5 Excalibar Minerals LLC 7.6 International Earth Products LLC 7.7 Mil-Spec Industries Corporation 7.8 Milwhite Inc. 7.9 Oren Hydrocarbons Private Limited 7.10 P&S Barite Mining Co., Ltd. 7.11 CIMBAR Performance Minerals

Chapter 8 Primary Research – Key Findings

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