Global Barite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Barite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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..

According to our (Global Info Research) latest study, the global Barite market size was valued at US$ 1018 million in 2023 and is forecast to a readjusted size of USD 1096 million by 2030 with a CAGR of 1.1% during review period.

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.

This report is a detailed and comprehensive analysis for global Barite market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Barite market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Barite market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Barite market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Barite market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Barite

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Barite market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Excalibar Minerals, Ado Mining, Corpomin, Gimpex, Hayward, Guangxi Lianzhuang, Tianhong Mining, Guizhou SABOMAN, SinoBarite, Zhashui Barite Mining, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Barite market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
3.9g/cm3
4.0g/cm3
4.1g/cm3
4.2g/cm3
4.3g/cm3

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

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Barite product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Barite, with price, sales quantity, revenue, and global market share of Barite from 2019 to 2024.

Chapter 3, the Barite competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Barite breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Barite market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Barite.

Chapter 14 and 15, to describe Barite sales channel, distributors, customers, research findings and conclusion.