Global Barite Market Insights and Forecast to 2027

SKU ID :QYR-18163653 | Published Date: 03-May-2021 | No. of pages: 146
Barite is rich in barium sulfate mineral, it is difficult to dissolve in water and acid, non-toxic, non-magnetic, can absorb X-ray and ray, mainly used in oil drilling mud weighting agent, cosolvent, rubber, plastic, paint filler, etc..
Global barite manufacturers are mainly Guizhou Tianhong Mining, Guizhou Redstar, Hayward, Huaxin Mining Group and Guangxi Lianzhuang. In 2019, China's barite mineral output accounted for 29.91% of the global output and 31.17% of the global market share. India and Morocco are the second and third largest producers of barite minerals respectively, accounting for 24.11 percent and 11.51 percent of global barite mineral production in 2019.
In terms of applications, drilling fluid is the largest part, accounting for 78% of the global market share in 2019. Barite is also widely used in barium compounds, paints and coatings, plastics and rubber, paper-making, medical, cosmetics and other fields.

Market Analysis and Insights: Global Barite Market
The global Barite market is valued at US$ 1079.1 million in 2019. The market size will reach US$ 1032.9 million by the end of 2026, growing at a CAGR of 1.1% during 2021-2026.

Global Barite Scope and Segment
Barite market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Barite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
3.9g/cm3
4.0g/cm3
4.1g/cm3
4.2g/cm3
4.3g/cm3

Segment by Application
Drilling Fluid
Barium Compounds
Paints and Coatings
Plastics and Rubber
Paper-making
Medical
Cosmetics
Others

By Company
Excalibar Minerals
Ado Mining
Corpomin
Gimpex
Hayward
Guangxi Lianzhuang
Tianhong Mining
Guizhou SABOMAN
SinoBarite
Zhashui Barite Mining
Guizhou Redstar
Guizhou TOLIBARI
Yunnan Judu Mining
Huaxin Mining Group
Jiangsu Qunxin Powder

Production by Region
China
India
Kazakhstan
Morocco
U.S.
Iran
Mexico
Turkey
Southeast Asia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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