Barite Market by Grade, Color, End-Use Industry, and Region - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Barite Market by Grade, Color, End-Use Industry, and Region - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Barite (BaSO4) is a mineral, consist of barium sulfate. Barite, Celestine, anglesite, and anhydrite are contained in the barite group. China, India, U.S., and Morocco are the major countries where commercial deposits of barite are currently found. There are near about 20 countries worldwide where barite is mined, among which China is the largest producer. The occurrence of Barite generally found in the forms of large deposits. It is found lead-zinc veins in hot spring deposits and with hematite ores. Mainly barite is used as thixotropic mud to seal oil wells in drilling applications.
Market Dynamics
The major diver propelling the growth of this market include rapidly developing oil & gas industry. According to American Chemistry Council (ACC), due to the availability of cheap and abundant ethane and shale gas, there is a boom in the chemical industry in U.S with influx of 294 new projects by the end 2017. Further, with rise in demand for energy, there is increased demand for oil & gas, which in turn has shown a positive effect on the barite market
The growing demand for barite from the paint and coatings industry across the globe is another major factor driving barite market growth. Since barite is used as a pigment in paints, the rise in demand for paints and coatings would subsequently result in an increased demand for barite.
Market Taxonomy
The report segments the global Barite market on the basis of grade, color, end-use industry, and geography. On the basis of grade, the market is segmented into grade up to 3.9, grade 4.0, grade 4.1, grade 4.2, grade 4.3 and grade above 4.3. On the basis of color, the market is categorized into brown, white and off-white, grey and others. On the basis of end-user industry, the market is segmented as oil & gas, paint & coating, pharmaceuticals, rubber and plastics, textiles, adhesives and others. On the basis of geography, the market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Key features of the study:

This report provides in-depth analysis of the barite market and provides market size (US$ Bn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global Barite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
The global barite market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the barite market.

Detailed Segmentation

Global Barite Market, By Grade:

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

Global Barite Market, By Color

Brown
White & Off-white
Grey
Others

Global Barite Market, By End Use:

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Global Barite Market, By Geography:

North America

U.S.

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Canada

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Europe

U.K.

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Germany

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Italy

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

France

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Spain

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Russia

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Rest of Europe

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Asia Pacific

China

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

India

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Japan

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

ASEAN

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Australia

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

South Korea

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Rest of Asia Pacific

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Latin America

Brazil

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Argentina

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Rest of Latin America

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Africa

Northern Africa

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Central Africa

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

South Africa

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Middle East

GCC

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Israel

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Rest of Middle-East

By Product Grade

Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3

By Color:

Brown
White & Off-white
Grey
Others

By End-Use Industry

Oil & Gas
Paints & Coating
Pharmaceuticals
Rubber & Plastics
Textiles
Adhesives
Others

Company Profiles

Seaforth Mineral & Ore Co. Inc *

Company Overview
Product Portfolio
Market Presence
Financial Overview
Key Developments
Strategies

CIMBAR Performance Minerals
Shijiazhuang Oushun Mineral Products Company Limited
Excalibar Minerals LLC.
Shanghai Titanos Industry Company Limited.
International Earth Products LLC.
Spectrum Chemical Manufacturing Corporation
Anglo Pacific Minerals
Desku Group Inc.

 “*” marked represents similar segmentation in other categories in the respective section.