Barite is a mineral composed of barium sulfate (BaSO4). It receives its name from the Greek word \"barys\" which means \"heavy.\" This name is in response to barites high specific gravity, which is exceptional for a nonmetallic mineral. The high specific gravity of barite makes it suitable for a wide range of industrial, medical, and manufacturing uses. Barite also serves as the principal ore of barium.
Barite is an important mine resource, which is mainly used in drilling industry (Rig). Barite reserve is distributed in China, India and Morocco. China is a leading barite resource distribution region and barite production region. In China, barite resource is distributed in Guizhou, Guangxi and Yunnan province. China has many barite suppliers and market concentration is low. India own the second largest barite resource. In India, Andhra Pradesh Mineral Development is a leading company.
The Global Barite Minerals Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Barite Minerals Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Excalibar Minerals
Milwhite
Andhra Pradesh Mineral Development
Halliburton(Hughes)
SinoBarite
Baser Mining
Corpomin
Guizhou Toli
China Zhashui Heqi Barite Mining
Yunnan Judu Minerals
Haiwo Minerals
Hubei Chuangyuan Minerals
Red Star
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Up to Grade 3.9
Grade 4.0
Grade 4.1
Grade 4.2
Grade 4.3
Grade above 4.3
In Market segmentation by applications :
Drilling Industry (Rig)
Medical Industry
Rubber & Plastics
Pulps and Papers
Paints and Coatings
Cosmetic Industry
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Barite Minerals Market for the forecast period 2020 - 2026?
• What are the driving forces in the Barite Minerals Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Barite Minerals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?