Transparency Market Research Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 13-July-2015 98 Page Report Buy Now Request Sample Press Release Use of Barite in Nuclear Industry Emerges as Growing Trend, reports TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Barite Market REPORT DESCRIPTION Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 The global barite market is moderately fragmented. The Andhra Pradesh Mineral Development Corporation Ltd, China Shen Zhou Mining and Resources Inc, and Ashapura Group of Industries are the top three companies, which accounted for 27.9% of the market in 2014. Other companies in the market include Mil-Spec Industries Corporation, Anglo Pacific Minerals, Excalibar Minerals LLC, and International Earth Products LLC. Most companies are focused on expanding their manufacturing capacities and establishing new business units in the emerging markets of Asia Pacific, states a new report by Transparency Market Research (TMR). Companies are also investing in new barite mining projects to expand their reserves and grow in the market. The threat of new entrants is expected to be medium as there are low entry barriers for players owing to the fragmented nature of the market. Securing mining rights from the government is the major hurdle for players. There exists a significant threat of backward integration from oil field services company. The barite market also faces medium threat from substitutes such as iron ore, itabirite, antimony sulphide, celestite, potash, dolomite, and ilmenite. Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=2404 High Demand for Crude Oil Benefits Barite Market Barite is used as a weighing agent for drilling fluids in oil and gas exploration and production (E&P) activities. The oil and gas industry is thus a key consumer of barite. As the demand for oil and gas is increasing, so is the need for barite. Countries such as Saudi Arabia directly burn crude oil for the purpose of power generation due to lack of alternative sources, which further fuels the demand for crude oil, and subsequently barite. Transparency Market Research 2 Barite Market Demand for crude oil will also be high from the industrial sector, especially the petrochemical industry. Several countries in Asia Pacific are attempting to reduce their dependence on oil imports and thus, increasing their domestic oil production. As such, the demand for barite is expected to be high in Asia Pacific. Barium is extensively used for the diagnosis of hernia, constrictions and obstructions in the esophagus, and inflammatory diseases of the intestine. Barium meals are efficient and cost effective technique working as a substitute for endoscopy in the primary evaluation of the upper gastrointestinal tract. Thus, the demand for barium is growing in the medical sector. Availability of Substitutes Hampers Demand for Barite There is a shortage of barite in countries such as Saudi Arabia, Egypt, and the United Arab Emirates. This has caused a rising interest to find and opt for barite alternatives. Alternatives such as celestite, hematite, and ilmenite can replace barite in the drilling fluid industry as a weighting agent. As per a study published by the Society of Petroleum Engineers, antimony sulphide can be a better substitute to barite in dangerous drilling zones due to its lower negative effect on viscosity. Thus, the availability of substitutes pose a threat to the demand and consumption of barite. Application of Barite in Nuclear Industry Widens Scope of Market Barite is used in the oil and gas, medical, chemical, paints and coatings, automobile, and electronic industries. In the recent times, barite has also shown the potential to be used in the nuclear industry, owing to its ability to absorb gamma radiations. Barite is being added to concrete aggregate during the construction of an atomic reactor for increased density. This is expected to widen the scope of the market. Browse The Full Market Research Report : http://www.transparencymarketresearch.com/baritemarket.html According to the report, the global market opportunity in barite is expected to rise from US$1.17 bn in 2015 to US$1.84 bn by 2023. By application, the oil and gas segment led in the past and will continue to do so in the Transparency Market Research 3 Barite Market coming years. North America, followed by Asia Pacific is expected to lead in the market in the coming years. North America is expected to account for 42.6% of the barite market by 2023. This information is based on the findings of a report published by Transparency Market Research titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.” The global subsea manifolds market is segmented as follows: • Application • Oil and gas • Chemicals • Others (Including fillers and radiation shielding) Regional North America • U.S. • Rest of North America Europe • France • U.K • Norway • Germany • Russia • Rest of Europe Asia Pacific • China • India • Japan • ASEAN • Rest of APAC Latin America Transparency Market Research 4 Barite Market • Brazil • Rest of LATAM Middle East & Africa • GCC countries • South Africa • Rest of MEA Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/barite-industry.htm TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Scope 1.3.1 Assumptions 1.4 Research Methodology Chapter 2 Executive Summary 2.1 Global Barite Market, 2014 – 2023 (Kilo Tons) (US$ Mn) 2.2 Global Barite Market, Snapshot (2014 and 2023) Chapter 3 Barite Market - Industry Analysis Transparency Market Research 5 Barite Market 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) 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) Transparency Market Research 6 Barite Market 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) 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) Transparency Market Research 7 Barite Market 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) 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 Transparency Market Research 8 Barite Market 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 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) Transparency Market Research 9 Barite Market 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) 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) Transparency Market Research 10 Barite Market 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. 7.11 CIMBAR Performance Minerals Chapter 8 Primary Research – Key Findings List of Figures Transparency Market Research 11 Barite Market FIG. 1 Barite Market: Market Segmentation FIG. 2 Global Barite Market, 2014 – 2023 (Kilo Tons) (US$ Mn) FIG. 3 Barite Market: Value Chain Analysis FIG. 4 Global Oil Production, 2015 – 2025 (Mn Tons) FIG. 5 Global Medical Imaging Sensor Market Revenue, 2015 – 2023 (US$ Bn) FIG. 6 Global Nuclear Energy Industry Revenue, 2015 – 2023 (US$ Bn) FIG. 7 Barite Market: Porter’s Five Forces Model Analysis FIG. 8 Global Barite Market: Market Attractiveness FIG. 9 Global Barite Market: Market Share FIG. 10 Barite Price Trend, 2014 - 2023 (US$/Ton) FIG. 11 Global Barite Market Volume Share, by Application, 2014 & 2023 FIG. 12 Global Barite Market for Oil & Gas, 2014 - 2023 (Kilo Tons) (US$ Mn) FIG. 13 Global Barite Market for Chemicals, 2014 - 2023 (Kilo Tons) (US$ Mn) FIG. 14 Global Barite Market for Other Applications, 2014 - 2023 (Kilo Tons) (US$ Mn) FIG. 15 Global Barite Market Volume Share, by Region, 2014 & 2023 List of Tables TABLE 1 Global Barite Market, Snapshot (2014 and 2023) TABLE 2 Global Barite Market Drivers: Impact Analysis Transparency Market Research 12 Barite Market TABLE 3 Global Barite Market Restraints: Impact Analysis TABLE 4 North America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 5 North America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 6 U.S. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 7 U.S. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 8 RoNA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 9 RoNA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 10 Europe Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 11 Europe Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 12 France Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 13 France Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 14 U.K. Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 15 U.K. Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 16 Norway Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 17 Norway Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 18 Germany Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 19 Germany Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 20 Russia Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 21 Russia Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 22 RoE Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) Transparency Market Research 13 Barite Market TABLE 23 RoE Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 24 Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 25 Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 26 China Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 27 China Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 28 India Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 29 India Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 30 ASEAN Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 31 ASEAN Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 32 Rest of Asia Pacific Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 33 Rest of Asia Pacific Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 34 Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 35 Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 36 Brazil Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 37 Brazil Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 38 Rest of Latin America Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 39 Rest of Latin America Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 40 MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 41 MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 42 GCC Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) Transparency Market Research 14 Barite Market TABLE 43 GCC Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 44 South Africa Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 45 South Africa Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) TABLE 46 Rest of MEA Barite Market Volume, by Application, 2014 – 2023 (Kilo Tons) TABLE 47 Rest of MEA Barite Market Revenue, by Application, 2014 – 2023 (US$ Mn) Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : Transparency Market Research 15 Barite Market http://globalresearchanalysis.blogspot.in/ Transparency Market Research 16
This information is based on the findings of a report published by Transparency Market Research titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.” According to the report, the global market opportunity in barite is expected to rise from US$1.17 bn in 2015 to US$1.84 bn by 2023. By application, the oil and gas segment led in the past and will continue to do so in the coming years. North America, followed by Asia Pacific is expected to lead in the market in the coming years. North America is expected to account for 42.6% of the barite market by 2023.
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