Barite Market - Global Industry Report, 2031

1. Barite Market Report Id : TMRGL2404 Category : Chemicals Published Date: 2021-05-24

2. About TMR TMR (Transparency Market Research) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. TMR is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Syndicated Research Consulting Services Chemicals & Materials Procurement solutions Research Capabilities Heavy Engineering Equipment Food & Beverages Factory Automation Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research Healthcare • Automotive & Transport • Chemicals & Materials • Consumer Goods & Services • Electronics & Semiconductors • Energy & Natural Resources • Factory Automation • Defense • Food & Beverages • Healthcare • IT & Telecom • Packaging • Pharmaceutical • Heavy Engineering Equipment Energy & Natural Resources Consumer Goods & Services Electronics & Semiconductors Defense Subscription Information For detailed subscription information please contact Website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com Chemicals & Materials Automotive & Transport Packaging Pharmaceutical

3. Research Methodology (1/2) Systematic Research Approach Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution Market profiling 1 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents Primary Research • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions 4 Data collection SOLUTION B • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments 5 Desk Research Data validation 6 C • Paid Publications# • Secondary Research # Data analysis Primary Research # Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights # includes sources of databases

4. Barite MarketAnalysis Barite Market: Introduction Transparency Market Research delivers key insights on the global barite market. In terms of revenue, the global barite market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global barite market. The global barite market is broadly affected by several factors, including usage of barite in various applications such as drilling mud, pharmaceuticals, rubber & plastics, and others. Rise in global demand for energy has led to significant increase in the oil & gas production. Foreign investments in the oil & gas sector have increased across the globe; as a result, production of oil and gas has increased significantly. Barite is used as a weighting agent in drilling mud in oil & gas production. This is expected to drive the barite market during the forecast period. Get a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2404

5. Barite Market Analysis Barite Market: Dynamics Barite is primarily employed as a weighting agent in the oil & gas industry. The global demand for energy has been increasing at a significant pace after a decline due to the COVID-19 pandemic. This is boosting oil & gas exploration and drilling activities. Thus, increase in the production of oil and gas is propelling the global barite market. Barite is used as a filler agent in coatings. It is used as a pigment in paints, while it is employed as a weighted filler in paper, textile, and rubber industries. It is widely used in the paints industry as an extender for primers, as it provides clean whiteness. It is used in walls and undercoats to beautify smooth walls. Led by the rise in usage of barite as a filer agent in coatings, the barite market is expected to expand at a significant pace during the forecast period. Barite is used as filling agent in the rubber industry. It helps increase the life of rubber products, as products become waterproof and their durability increases. It also helps reduce the cost of rubber products. The strength of these products also increases, making them resistant to alkali and acid. This has led to a rise in the demand for barite. Barite is increasingly used in the construction industry, specifically for the manufacture of reactors. Barite is added to concrete aggregates during the construction of an atomic reactor, owing to its ability to absorb gamma radiations. Manufacturers focus on paints and rubber industries, as the share held by these end-use industries in the barite market is likely to increase during the forecast period.

6. Barite Market Analysis Barite Market: Prominent Regions North America dominates the global barite market. The market in the region is anticipated to expand at a CAGR of more than 5% during the forecast period. Increase in the demand for drilling mud and rubber & plastics is driving the barite market in North America. The U.S. is a key country of the barite market in North America. It held a major share of the barite market in North America in 2020. The country is estimated to maintain its dominant position during the forecast period. Asia Pacific is also a key region of the global barite market. China led the barite market in Asia Pacific in 2020. The presence of a large number of oil & gas exploration companies is driving the demand for barites in China.

7. Barite Market Analysis Barite Market: Key Players The global barite market is consolidated, with the presence of key players. Prominent players operating in the global barite market include The Andhra Pradesh Mineral Development Corporation Ltd., Ashapura Group, Anglo Pacific Minerals Ltd., Schlumberger Limited, Sojitz Corporation, PANDS GROUP, The Kish Company, Inc., ALCOR MINERALS, PVS Global Trade Pvt Ltd, and Pulapathuri.