Global and China Barite Market Insights, Forecast to 2027

Barite is rich in barium sulfate mineral, it is difficult to dissolve in water and acid, non-toxic, non-magnetic, can absorb X-ray and ray, mainly used in oil drilling mud weighting agent, cosolvent, rubber, plastic, paint filler, etc..
Global barite manufacturers are mainly Guizhou Tianhong Mining, Guizhou Redstar, Hayward, Huaxin Mining Group and Guangxi Lianzhuang. In 2019, China's barite mineral output accounted for 29.91% of the global output and 31.17% of the global market share. India and Morocco are the second and third largest producers of barite minerals respectively, accounting for 24.11 percent and 11.51 percent of global barite mineral production in 2019.
In terms of applications, drilling fluid is the largest part, accounting for 78% of the global market share in 2019. Barite is also widely used in barium compounds, paints and coatings, plastics and rubber, paper-making, medical, cosmetics and other fields.

Market Analysis and Insights: Global and China Barite Market
This report focuses on global and China Barite market.
In 2020, the global Barite market size was US$ 965.6 million and it is expected to reach US$ 1044.3 million by the end of 2027, with a CAGR of 1.1% during 2021-2027. In China the Barite market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Barite Scope and Market Size
Barite market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Barite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Barite market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
3.9g/cm3
4.0g/cm3
4.1g/cm3
4.2g/cm3
4.3g/cm3

Segment by Application
Drilling Fluid
Barium Compounds
Paints and Coatings
Plastics and Rubber
Paper-making
Medical
Cosmetics
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Excalibar Minerals
Ado Mining
Corpomin
Gimpex
Hayward
Guangxi Lianzhuang
Tianhong Mining
Guizhou SABOMAN
SinoBarite
Zhashui Barite Mining
Guizhou Redstar
Guizhou TOLIBARI
Yunnan Judu Mining
Huaxin Mining Group
Jiangsu Qunxin Powder