Press release
Global Barite Market Key Information By Top Key Player New Riverside Ochre, Halliburton, Excalibar Minerals, Ashapura Group of Industries, Anglo Pacific Minerals, Deutsche Baryt Industries
Barite Market, Global Barite Market Size, Barite Industry, Barite Market Trends, Barite Market Share, Barite Market Growth
Barite Market size is expected to surpass USD 4.1 billion by 2024; according to a new research report. Rapidly growing oil & gas industry primarily in the U.S. owing to excess availability of shale reserves along with changing industry dynamics to increase dependency on alternative energy sources has pushed barite market size in the past few years. This is prospective to continue owing to strong need to meet energy demand in several industries including transportation, power, etc. which will subsequently generate ample growth avenues for barite market size by 2024. In addition, positive growth indicators in the pharmaceuticals industry primarily in Asia Pacific will complement barite market size by 2024, owing to improving healthcare standards and rising geriatric population. This is due to widespread product applications in diagnosis and as fillers in plasters.
Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/496331/
Sturdy growth in paints & coatings industry owing to rapid industrialization and urbanization in Asia Pacific will propel barite market size by 2024. White & off-white barite is majorly used to prepare pigments in the paints industry. Rapidly growing construction industry primarily in China and India due to mounting population and improving socio-economic factors will be driving paints & coatings demand across end user business such as automobile.
Upto grade 3.9 barite market size is probable to attain CAGR over 3% by 2024. It is lower grade and is formed by 50/50 ratio of product and other alternative weighing material such as ilmenite and hematite. Grade 4.2 is projected to grow at a CAGR near to 4% by 2024, as it is widely used in the oil & drilling industry owing to its excellent rheological properties, which makes it desirable as a weighing agent. They are premium quality grades and are found beneath the earth surface. However, grade 4.2 is gradually being replaced by grade 4.1 in the oil & drilling industry as it possesses similar attributes and is cost effective compared to grade 4.2. This replacement is also due to increasing transportation issues related with grade 4.2. Grey barite market size is estimated to attain CAGR of over 4% owing to its extensive application in oil & drilling industry by 2024.
Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/496331/
Rising population in the Asia Pacific along with progressive consumer lifestyles is driving automobile industry which in turn will propel rubber industry over the projected timespan. This tendency is expected to make noteworthy contribution to rubber & plastics segment of barite market size by 2024. Furthermore, rapid pace of oil & drilling industry due to the U.S. shale boom will also contribute towards the product market size by 2024. North America is likely to witness CAGR of over 4.5% over the projected time spell.
Key industry share contributors of barite market size are Spectrum Chemical Mfg. Corp., New Riverside Ochre, Halliburton, Excalibar Minerals, Ashapura Group of Industries, Barium & Chemicals, Inc and Deutsche Baryt Industries.
Table of Contents
Chapter 3. Barites Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing product demand due to the U.S. shale oil drilling
3.4.1.2. Escalating product demand in paints & coatings industry in Asia Pacific
3.4.2. Industry pitfalls & challenges
3.4.2.1. Substitution of barite for other minerals
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2016
3.8.1. Strategy dashboard
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
Chapter 4. Barite Market, By Grade
4.1. Barite market share by grade, 2016 & 2024
4.2. Upto grade 3.9
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Grade 4.0
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Grade 4.1
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Grade 4.2
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
4.6. Grade 4.3
4.6.1. Market estimates and forecasts, 2013 - 2024
4.6.2. Market estimates and forecasts by region, 2013 – 2024
4.7. Grade above 4.3
4.7.1. Market estimates and forecasts, 2013 - 2024
4.7.2. Market estimates and forecasts by region, 2013 – 2024
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/barite-market/?utm_source=OPR-SP
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Barite Market Key Information By Top Key Player New Riverside Ochre, Halliburton, Excalibar Minerals, Ashapura Group of Industries, Anglo Pacific Minerals, Deutsche Baryt Industries here
News-ID: 1185436 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Barite
Global Barite Industry Analysis By Geography
Stratistics MRC's Barite Market report explains company profiling, key segments, market trends, top players and regional, country-level segments.
Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite. The barite is found in many colours such as white, brown, grey, yellow and brown. It can be colourless. Countries like china, US, India and Morocco are the primary countries where commercial deposits of barite are…
2028 Barite Industry Report Growth Forecasts
Stratistics MRC's Global Barite Market value expected to reach $3.05 billion growing at a CAGR of 9.3% during 2020-2028.
Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite. The barite is found in many colours such as white, brown, grey, yellow and brown. It can be colourless. Countries like china, US, India and Morocco are the primary countries where commercial deposits of barite…
Global Barite Industry Analysis By Geography
Stratistics MRC's Barite Market report explains company profiling, key segments, market trends, top players and regional, country-level segments.
Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite. The barite is found in many colours such as white, brown, grey, yellow and brown. It can be colourless. Countries like china, US, India and Morocco are the primary countries where commercial deposits of barite are…
2021 Barite Industry Global Analysis Report
Stratistics MRC 2021 Barite Market report is Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite.
Barite is a kind of mineral that carries barium sulfate.BaSO4 is the chemical formula used for barite. The barite is found in many colours such as white, brown, grey, yellow and brown. It can be colourless. Countries like china, US, India and Morocco are the primary countries…
Barite Market – Global Industry Report, 2027
Albany, NY - Key Highlights
A recent research report published by Transparency Market Research projects the global barite market to expand at a CAGR of 4.5% during the period between 2019 and 2027. The report, titled “Barite Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” estimates the global barite to reach US$ 2.0 Bn by 2027, from US$ 1.3 Bn in 2018.
Barium, a chemically inert…
Global Barite Market Size, Share | MarketResearchReports.biz
Latest industry research report on: Global Barite Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Global Barite Market: Overview
Barite, also known as baryte, is a milky white crystalline mineral mostly composed of barium sulfate. It has one of the highest specific gravities among all weighting agents. Barite is widely used as a weighting agent, filler agent, and extenders. It is employed in oil & gas…
