Transparency Market Research Barite Market for Oil and Gas, Chemicals, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 13-Jul-2015 98 Page Report Buy Now Request Sample Press Release High Demand for Barite in Drilling Industry Boosts Global Barite Market to US$1.84 Billion by 2023 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Barite Market REPORT DESCRIPTION Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Transparency Market Research has published a new market report titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” According to the report, the global copper market was valued at US$ 138.05 Bn in 2014 and is anticipated to reach US$ 171.96 Bn by 2023, expanding at a CAGR of 4.9% between 2015 and 2023. The global barite market, with a CAGR of 5.8% expected between 2015 and 2023, is expected to reach an overall value of US$1.84 billion in 2023. The market’s value in 2014 was US$1.11 billion, according to a report released by Transparency Market Research titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”. The key parts of the report delve into the global barite market in order to explain its growth as well as restraining factors. 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 According to the report, barite is a critical element that is primarily required in drilling activities. Barite is useful as a weighting agent, as it restricts surplus flow of drilling fluids. It also helps curb high pressures that get formed during the drilling process. The specific gravity of barite is what enables these characteristics.Application industries of the global barite market include chemicals, oil and gas, paint, rubber, automotive, medical, and electronics.The report further explains that the global rate of drilling activities has spiked recently in the oil and gas industry. This high growth rate needs to be supplemented by a high supply of barite, which is what will drive the global barite market in the next few years. Most manufacturers directly offer drilling quality barite. The global barite market could, however, face a few restraints. A key market restraint explored in the report is the ready availability of barite substitutes, including hematite, illmenite, celestite, and itabirite. The report adds that despite the growing usage of these substitutes, Transparency Market Research 2 Barite Market the global barite market can still prosper due to its potential applicative scope in multiple industries.The report provides details on the global barite market in terms of its segmentation. In terms of application, the oil and gas segment held the largest share in the global barite market in 2014; the segment held an overwhelming 80% of the global barite market. The report also pegs the oil and gas segment to be the fastest growing one within the given forecast period. The oil and gas segment was followed by chemicals, a segment which is expected to expand at slow to moderate rates till 2023. Other segments that hold a market presence include rubber, electronics, and medical. All these segments are expected to grow at a slow rate in the near future.The report’s geographical segmentation reveals North America to lead the global barite market in 2014, with a hold over more than 40% of it. Asia Pacific followed closely, with Europe coming in third. The MEA region is expected to show moderate demand for barite over the next few years. Demand for barite from MEA is mostly restricted to the oil and gas industry. Key players operating in the global barite market include Excalibar Minerals LLC., China Shenzhou Mining and Resources Inc., Ashapura Group of Industries, and Andhra Pradesh Mineral Development Corporation Ltd. Key segments of the Global Barite Market Barite Market & Application Analysis Oil and gas Chemicals Others (Including fillers and radiation shielding) Transparency Market Research 3 Barite Market 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 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 Transparency Market Research 4 Barite Market 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) Chapter 4 Price Trend Analysis 4.1 Barite Price Trend Analysis, 2014 - 2023 4.1.1 Barite Price Trend, 2014 - 2023 (US$/Ton) Transparency Market Research 5 Barite Market Chapter 5 Barite Market – Application Analysis 5.1 Global Barite Market : Application Overview 5.1.1 Global Barite Market Volume Share, by Application, 2014 & 2023 5.2 Oil & Gas 5.2.1 Global Barite Market for Oil & Gas, 2014 - 2023 (Kilo Tons) (US$ 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) 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) Transparency Market Research 6 Barite Market 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 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) Transparency Market Research 7 Barite Market 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) 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) Transparency Market Research 8 Barite Market 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) 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) Transparency Market Research 9 Barite Market 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 Browse All Metal Market Research Reports: http://www.transparencymarketresearch.com/metals-and-minerals-market-reports-20.html Transparency Market Research 10 Barite Market 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/ Browse The Market Research Blog : http://CMFEGlobalReports.blogspot.in/ Transparency Market Research 11
The global barite market, with a CAGR of 5.8% expected between 2015 and 2023, is expected to reach an overall value of US$1.84 billion in 2023. The market’s value in 2014 was US$1.11 billion, according to a report released by Transparency Market Research titled “Barite Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”. The key parts of the report delve into the global barite market in order to explain its growth as well as restraining factors. Download the Exclusive Report Sample at :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2404 According to the report, barite is a critical element that is primarily required in drilling activities. Barite is useful as a weighting agent, as it restricts surplus flow of drilling fluids. It also helps curb high pressures that get formed during the drilling process. The specific gravity of barite is what enables these characteristics.Application industries of the global barite market include chemicals, oil and gas, paint, rubber, automotive, medical, and electronics.The report further explains that the global rate of drilling activities has spiked recently in the oil and gas industry. This high growth rate needs to be supplemented by a high supply of barite, which is what will drive the global barite market in the next few years. Most manufacturers directly offer drilling quality barite. The global barite market could, however, face a few restraints. A key market restraint explored in the report is the ready availability of barite substitutes, including hematite, illmenite, celestite, and itabirite. The report adds that despite the growing usage of these substitutes, the global barite market can still prosper due to its potential applicative scope in multiple industries.The report provides details on the global barite market in terms of its segmentation. In terms of application, the oil and gas segment held the largest share in the global barite market in 2014; the segment held an overwhelming 80% of the global barite market. The report also pegs the oil and gas segment to be the fastest growing one within the given forecast period. The oil and gas segment was followed by chemicals, a segment which is expected to expand at slow to moderate rates till 2023. Other segments that hold a market presence include rubber, electronics, and medical. All these segments are expected to grow at a slow rate in the near future.The report’s geographical segmentation reveals North America to lead the global barite market in 2014, with a hold over more than 40% of it. Asia Pacific followed closely, with Europe coming in third. The MEA region is expected to show moderate demand for barite over the next few years. Demand for barite from MEA is mostly restricted to the oil and gas industry. Key players operating in the global barite market include Excalibar Minerals LLC., China Shenzhou Mining and Resources Inc., Ashapura Group of Industries, and Andhra Pradesh Mineral Development Corporation Ltd. 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 Key segments of the Global Barite Market Barite Market & Application Analysis Oil and gas Chemicals Others (Including fillers and radiation shielding) About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Visit Blog : http://cmfeglobalreports.blogspot.in
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