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Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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Transparency Market Research has released a new market study on the global barite market, titled "Barite Market for Oil and Gas, Chemicals, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023." Acc
Transparency Market
Research
Barite Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023
Published Date
13-July-2015
98 Page Report
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Press Release
Barite Market to Expand at CAGR of 5.8% between 2015 and
2023 due to Extensive Use in Drilling : TMR
Transparency Market Research
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90, State Street, Suite 700.
Albany, NY 12207
United States
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[email protected]
Barite Market
REPORT DESCRIPTION
Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Transparency Market Research has released a new market study on the global barite market, titled "Barite
Market for Oil and Gas, Chemicals, and Other Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023." According to the report, the global barite market, which was
valued at US$1.1 bn in 2014, is expected to reach a value of US$1.8 bn in 2023, expanding at a CAGR of
5.8% between 2015 and 2023 owing to the increase in the production of oil and gas.
Browse the full Barite Market for Oil and Gas, Chemicals, and Other Applications - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report at :
http://www.transparencymarketresearch.com/barite-market.html
Barite is a colorless mineral consisting of barium sulfate. It can also be found in various shades of blue, green,
yellow, and is also available in milky white color. Barite is found in sedimentary rocks and weighs twice as
much as ordinary rocks of the same size and has a specific gravity of 4.50g/cu cm, which enables them to
possess characteristics useful for drilling. Barite is an element that is critical to drilling applications. Since it is
insoluble in water and chemically inactive, it is highly useful as a weighting agent in the oil and gas industry.
A typical barite mining operation makes use of the open pit method to extract the ore. It is used as a weighting
agent and helps restrict surplus flow of drilling fluids. It is reduced to tiny particles and mixed with water and
other materials. It is then pumped into the drill hole, where the weight of this mixture restrains the force with
which oil and gas is released from the ground. Thus, rig operators are able to contain the explosive release of
oil and gas.
Barite also helps curb the high pressures that are formed during the drilling process. The diverse applications
of barite in the chemical industry, the paints industry, rubber, automotive, medical, and the electronics industry,
along with the oil and gas industry, have boosted the global market for barite. However, the barite market can
be challenged by the easy availability of substitutes such as illmenite, hematite, itabirite, and celestite.
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Barite Market
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The global barite market is segmented on the basis of application and geography. On the basis of application,
the market is segmented into chemicals, oil and gas, and others such as fillers and radiation shielding. Of
these, the oil and gas application segment accounted for over 80% of the barite market in 2014 in terms of
volume.
By geography, the global barite market is segmented into North America, the U.S., Latin America, the Middle
East and Africa, Europe, Asia Pacific, and Rest of the World. In 2014, North America accounted for more than
40% of the global barite market in terms of volume. 45% of barite consumption in Europe was accounted for by
chemical and filler applications.
Some of the companies profiled in the report actively extracting and processing barite are: Ashapura
Group of Industries, The Andhra Pradesh Mineral Development Corporation Ltd (APMDC Ltd), Anglo Pacific
Minerals, Excalibar Minerals LLC, China Shenzhou Mining and Resources Inc., International Earth Products
LLC, Milwhite Inc., Mil-Spec Industries Corporation, Oren Hydrocarbons Private Limited, CIMBAR Performance
Minerals, and P&S Barite Mining Co., Ltd.
Key segments of the Global Barite Market are:
Application
•
Oil and gas
•
Chemicals
•
Others (Including fillers and radiation shielding)
Region
North America
•
U.S.
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•
Rest of North America
Europe
•
France
•
U.K
•
Norway
•
Germany
•
Russia
•
Rest of Europe
Asia Pacific
•
China
•
India
•
Japan
•
ASEAN
•
Rest of APAC
Latin America
•
Brazil
•
Rest of LATAM
Middle East & Africa
•
GCC countries
•
South Africa
•
Rest of MEA
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/global-baritemarket.htm
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
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1.2 Market Segmentation
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Barite Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
2.2 Global Barite Market, Snapshot (2014 and 2023)
Chapter 3 Barite Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Increasing Production of Oil and Gas is Expected to Raise Demand for Barite
3.3.1.1 Global Oil Production, 2015 – 2025 (Mn Tons)
3.3.2 Increasing Application Area of Barium Compounds is Expected to Boost Demand for Barite
3.3.2.1 Global Medical Imaging Sensor Market Revenue, 2015 – 2023 (US$ Bn)
3.4 Market Restraints
3.4.1 Availability of Substitutes Could Hamper Growth of the Market to Some Extent
3.5 Opportunities
3.5.1 Potential Applications in Nuclear Industry
3.5.1.1 Global Nuclear Energy Industry Revenue, 2015 – 2023 (US$ Bn)
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3.6 Porter’s Five Forces Model
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from Substitutes
3.6.4 Threat of New Entrants
3.6.5 Degree of Competition
3.7 Global Barite Market: Market Attractiveness
3.8 Global Barite Market: Company Market Share (2014)
Chapter 4 Price Trend Analysis
4.1 Barite Price Trend Analysis, 2014 - 2023
4.1.1 Barite Price Trend, 2014 - 2023 (US$/Ton)
Chapter 5 Barite Market – Application Analysis
5.1 Global Barite Market : Application Overview
5.1.1 Global Barite Market Volume Share, by Application, 2014 & 2023
5.2 Oil & Gas
5.2.1 Global Barite Market for Oil & Gas, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.3 Chemicals
5.3.1 Global Barite Market for Chemicals, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.4 Others (Including fillers and radiation shielding)
5.4.1 Global Barite Market for Other Applications, 2014 - 2023 (Kilo Tons) (US$ Mn)
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Chapter 6 Barite Market – Regional Analysis
6.1 Global Barite Market: Regional Overview
6.1.1 Global Barite Market Volume Share, by Region, 2014 & 2023
6.2 North America
6.2.1 North America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.2.2 North America Barite Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.2.3.2 U.S. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.2.4 Rest of North America (RoNA)
6.2.4.1 RoNA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.2.4.2 RoNA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3 Europe
6.3.1 Europe Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.2 Europe Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.3 France
6.3.3.1 France Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.3.2 France Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.4 U.K.
6.3.4.1 U.K. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
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6.3.4.2 U.K. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.5 Norway
6.3.5.1 Norway Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.5.2 Norway Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.6 Germany
6.3.6.1 Germany Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.6.2 Germany Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.7 Russia
6.3.7.1 Russia Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.7.2 Russia Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.8 Rest of Europe (RoE)
6.3.8.1 RoE Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.8.2 RoE Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.2 Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.3 China
6.4.3.1 China Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.3.2 China Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.4 India
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6.4.4.1 India Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.4.2 India Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.5 ASEAN
6.4.5.1 ASEAN Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.5.2 ASEAN Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.6.2 Rest of Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5 Latin America
6.5.1 Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.2 Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5.3 Brazil
6.5.3.1 Brazil Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.3.2 Brazil Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5.4 Rest of Latin America
6.5.4.1 Rest of Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.4.2 Rest of Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6 Middle East & Africa (MEA)
6.6.1 MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.2 MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
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6.6.3 GCC
6.6.3.1 GCC Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.3.2 GCC Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6.4 South Africa
6.6.4.1 South Africa Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.4.2 South Africa Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6.5 Rest of MEA
6.6.5.1 Rest of MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.5.2 Rest of MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn)
Chapter 7 Company Profiles
7.1 The Andhra Pradesh Mineral Development Corporation Ltd
7.2 Ashapura Group of Industries
7.3 Anglo Pacific Minerals
7.4 China Shen Zhou Mining and Resources, Inc.
7.5 Excalibar Minerals LLC
7.6 International Earth Products LLC
7.7 Mil-Spec Industries Corporation
7.8 Milwhite Inc.
7.9 Oren Hydrocarbons Private Limited
7.10 P&S Barite Mining Co., Ltd.
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7.11 CIMBAR Performance Minerals
Chapter 8 Primary Research – Key Findings
Browse All Chemical Market Research Reports:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
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