Dublin, Nov. 11, 2021 (GLOBE NEWSWIRE) -- The "Barite Market Research Report by Grade Analysis, Type, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Barite Market size was estimated at USD 820.27 million in 2020, is expected to reach USD 892.68 million in 2021, and projected to grow at a CAGR of 9.16% reaching USD 1,388.31 million by 2026.
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.
Market Segmentation & Coverage
This research report categorizes the Barite to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Grade Analysis, the market was studied across Gr. 4.0, Gr. 4.1, Gr. 4.2, Gr. 4.3 and above, and Up to Sp. Gr. 3.9.
Based on Type, the market was studied across Bedded, Residual, and Vein.
Based on Application, the market was studied across Coatings, Drilling Mud, Paints, Paper, Pharmaceuticals, Pulp, and Rubber & Plastics.
Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Competitive Strategic Window
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Barite Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.
Company Usability Profiles
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Barite Market, including Albar Industrial Minerals Ltd., Anglo Pacific Minerals, Ashapura Group, Baker Hughes Incorporated, Barium & Chemicals, Inc, Chinchana Group, CIMBAR Performance Minerals, Demeter O&G Supplies Sdn Bhd, Deutsche Baryt Industrie, Excalibar Minerals LLC, General Electric, Halliburton Company, International Earth Products LLC, KIA Energy Co.,LTD., Mil-Spec Industries Corp., Milwhite Inc., New Riverside Ochre Company, Nhat Huy Group, P&S Barite Mining Co., Ltd., Schlumberger Limited, SCR-Sibelco N.V., Sibelco, Sojitz Corporation, Spectrum Chemical Manufacturing Corporation, and The Andhra Pradesh Mineral Development Corporation Limited.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Barite Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Barite Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Barite Market?
4. What is the competitive strategic window for opportunities in the Global Barite Market?
5. What are the technology trends and regulatory frameworks in the Global Barite Market?
6. What is the market share of the leading vendors in the Global Barite Market?
7. What modes and strategic moves are considered suitable for entering the Global Barite Market?
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview
4.2. Cumulative Impact of COVID-19
5. Market Dynamics
5.2.1. Rapidly increasing demand from the oil and gas industry
5.2.2. Growing use in the plastic industry
5.2.3. Increasing applications in the healthcare industry as in medical devices owing to its ability to absorb X-rays and gamma rays
5.3.1. Regulatory restrictions in the mining of barite
5.4.1. Increase in investment by major oil companies in deep and ultra-deep offshore exploration
5.4.2. Increased paint and coating consumption in the construction, automotive, and general industries
5.4.3. Rapid urbanization and industrialization in the emerging countries
5.5.1. Availability of substitutes such as ilmenite, celestite, iron ore, and synthetic hematite
6. Barite Market, by Grade Analysis
6.2. Gr. 4.0
6.3. Gr. 4.1
6.4. Gr. 4.2
6.5. Gr. 4.3 and above
6.6. Up to Sp. Gr. 3.9
7. Barite Market, by Type
8. Barite Market, by Application
8.3. Drilling Mud
8.8. Rubber & Plastics
9. Americas Barite Market
9.6. United States
10. Asia-Pacific Barite Market
10.10. South Korea
11. Europe, Middle East & Africa Barite Market
11.8. Saudi Arabia
11.9. South Africa
11.11. United Arab Emirates
11.12. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.1.2. Business Strategy
12.1.3. Product Satisfaction
12.2. Market Ranking Analysis
12.3. Market Share Analysis, by Key Player
12.4. Competitive Scenario
12.4.1. Merger & Acquisition
12.4.2. Agreement, Collaboration, & Partnership
12.4.3. New Product Launch & Enhancement
12.4.4. Investment & Funding
12.4.5. Award, Recognition, & Expansion
13. Company Usability Profiles
13.1. Albar Industrial Minerals Ltd.
13.2. Anglo Pacific Minerals
13.3. Ashapura Group
13.4. Baker Hughes Incorporated
13.5. Barium & Chemicals, Inc.
13.6. Chinchana Group
13.7. CIMBAR Performance Minerals
13.8. Demeter O&G Supplies Sdn Bhd
13.9. Deutsche Baryt Industrie
13.10. Excalibar Minerals LLC
13.11. General Electric
13.12. Halliburton Company
13.13. International Earth Products LLC
13.14. KIA Energy Co.,LTD.
13.15. Mil-Spec Industries Corp.
13.16. Milwhite Inc.
13.17. New Riverside Ochre Company
13.18. Nhat Huy Group
13.19. P&S Barite Mining Co., Ltd.
13.20. Schlumberger Limited
13.21. SCR-Sibelco N.V.
13.23. Sojitz Corporation
13.24. Spectrum Chemical Manufacturing Corporation
13.25. The Andhra Pradesh Mineral Development Corporation Limited
For more information about this report visit https://www.researchandmarkets.com/r/aqbaqr
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