Press release
Global Barytes Market to Grow at a CAGR of 4.17% during the Forecast Period (2017-2021)- MRH
Market Research Hub
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Barytes is the naturally occurring mineral form of barium sulfate. The main properties of the mineral include low solubility, non-toxic nature, high specific gravity (4.5), and chemical and physical unreactivity. Barytes is mostly used as a weighting agent for drilling in oil and gas exploration. Barytes is also used in value-added applications such as TV screens, rubber, glass ceramics, cars, electronics, paint industry, radiation shielding, and medical applications. Barytes is offered in various forms, and the pricing varies with the amount of processing. For instance, barytes for filler applications is available at higher prices as it requires intense processing (grinding and micronizing). In addition, premiums are charged for brightness, whiteness, and color.
Market Research Hubs analysts forecast the global barytes market to grow at a CAGR of 4.17% during the period 2017-2021.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market Research Hub's report, Global Barytes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Andhra Pradesh Mineral Development Corp. (APMDC)
GUIZHOU SABOMAN IMP. & EXP
Steinbock Minerals
Newpark Resources
Pands Group Mining and Milling
Other prominent vendors
Broychim
Gimpex
Halliburton
OREN HYDROCARBONS
Provale Group
Rock Fin Minerals
Trimex Industries
Market driver
Horizontal drilling: An innovation in oil and gas extraction.
For a full, detailed list, view our report
Market challenge
Falling crude oil prices impacting barytes market.
For a full, detailed list, view our report
Market trend
Shale gas boom in North America.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Browse Full Report with TOC: http://www.marketresearchhub.com/report/global-barytes-market-2017-2021-report.html
About Market Research Hub:
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
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