Baryte or barite is a mineral consisting of barium sulfate. The baryte group consists of baryte, celestine, anglesite and anhydrite. Baryte is generally white or colorless, and is the main source of barium. Baryte and celestine form a solid solution (Ba,Sr)SO4.
Scope of the Report:This report focuses on the Barytes in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The increasing demand for Baryte drives the growth of market especially for oil and gas industry.The increase in deep water drilling activities is one of the primary drivers for market growth. Brazil, Gulf of Mexico, and West Africa are likely to witness largest growth in the deepwater market backed by the rising deepwater hydrocarbon discoveries and the decreasing production from onshore and shallow water basins in these countries. These factors accelerate the demand for barytes in the oil and gas industry. North America to retain its position throughout the forecast period and attributed the constant increase in oil and gas drilling activities for this. The U.S. is projected to lead the North America barite market over the forthcoming years. Asia Pacific is also anticipated to surface as a promising market for barite in the years to come.
The worldwide market for Barytes is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 1770 million US$ in 2023, from 1410 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers Andhra Pradesh Mineral Development(APMDC)
Steinbock Minerals
Newpark Resources
Pands Group Mining and Milling
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Bladed
Massive
Nodular
Fibrous
Stalactitic
Market Segment by Applications, can be divided into Drilling Mud
Rubber and Plastics
Pharmaceuticals
Pulp and Paper
Paints and Coatings
Others
There are 15 Chapters to deeply display the global Barytes market.
Chapter 1, to describe Barytes Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Barytes, with sales, revenue, and price of Barytes, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Barytes, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Barytes market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe Barytes sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.