Published by mark itwired
Posted on September 7, 2021
8 min readLast updated: January 21, 2026
Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end products. Global barite market will cross the US$ 2 Bn mark by the end of 2030. Expansion of the automotive industry is creating revenue streams for manufacturers due to growing demand for brake pads and clutches for cars, as indicated by a new Future Market Insights (FMI) report.
Key companies in the barite market are set to experience disruptions in supply chains owing to recent developments related to coronavirus crisis. Manufacturers are accelerating efforts to join the fight against COVID-19 pandemic by taking a step forward to donate barite cement for the construction of hospital radiotherapy bunker where coronavirus treatments are carried out.
Visit For Sample>>https://www.futuremarketinsights.com/reports/sample/rep-gb-150
Demand for weighting agents in the ever-increasing oil & gas industry are creating a stable business ground for manufacturers. Untapped opportunities in construction industry owing to demand for high density cement is fueling market growth.
Companies in the barite market are increasing their production capabilities to manufacture paint-grade barite powder. This has deployed ease in handling and beneficial in transportation activities. High whiteness, low impurity and excellent dispersibility are key imperatives that are highly preferred in paint-grade barite powder. Latex paints, coatings and pigments amongst others are fueling demand for barite powder. Increasing number of powder coatings applications in households and other interior applications are generating value-grab opportunities for manufacturers.
For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-150
Fine grinding applications are catalyzing the demand for barium sulfate, owing to its high density and chemical inertness. An overwhelming majority of barite is being pervasively used in the petroleum industry as a weighting agent in the formulation of drilling mud. As such, the revenue if drilling mud applications is predicted to climb high growth from US$ 1 Bn in 2019 to US$ 1.4 Bn by the end of 2030. Commercial deposits of barite are primarily found in the U.S., China, India and Morocco.
Manufacturers Prepare for Volatile Demand Amidst COVID-19 Pandemic
Employee and worker safety amidst the coronavirus crisis has become the first priority of companies in the barite market. Hence, manufacturers have adopted telecommunication to support remotely via phones, Skype and VPN amongst other communication platforms. Global economic turbulences are anticipated to affect the barite market. Manufacturers are increasing efforts to devise contingency plans to address the uncertainty associated with lockdown relaxations in the upcoming months.
For additional insights on how the market growth will unfold over the projection period, write to press@futuremarketinsights.com
The post Barite Market 2020 Production Analysis – Key Players Sojitz Corporation, Anglo Pacific Minerals, Baker Hughes Incorporated, China Shen Zhou Mining and Resources, Inc. first appeared on Market Research Blog.
Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers. Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end products. Global barite market will cross the US$ 2 Bn mark by the end of 2030. Expansion of the automotive industry is creating revenue streams for manufacturers due to growing demand for brake pads and clutches for cars, as indicated by a new Future Market Insights (FMI) report.
Key companies in the barite market are set to experience disruptions in supply chains owing to recent developments related to coronavirus crisis. Manufacturers are accelerating efforts to join the fight against COVID-19 pandemic by taking a step forward to donate barite cement for the construction of hospital radiotherapy bunker where coronavirus treatments are carried out.
Visit For Sample>>https://www.futuremarketinsights.com/reports/sample/rep-gb-150
Demand for weighting agents in the ever-increasing oil & gas industry are creating a stable business ground for manufacturers. Untapped opportunities in construction industry owing to demand for high density cement is fueling market growth.
Companies in the barite market are increasing their production capabilities to manufacture paint-grade barite powder. This has deployed ease in handling and beneficial in transportation activities. High whiteness, low impurity and excellent dispersibility are key imperatives that are highly preferred in paint-grade barite powder. Latex paints, coatings and pigments amongst others are fueling demand for barite powder. Increasing number of powder coatings applications in households and other interior applications are generating value-grab opportunities for manufacturers.
For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-150
Fine grinding applications are catalyzing the demand for barium sulfate, owing to its high density and chemical inertness. An overwhelming majority of barite is being pervasively used in the petroleum industry as a weighting agent in the formulation of drilling mud. As such, the revenue if drilling mud applications is predicted to climb high growth from US$ 1 Bn in 2019 to US$ 1.4 Bn by the end of 2030. Commercial deposits of barite are primarily found in the U.S., China, India and Morocco.
Manufacturers Prepare for Volatile Demand Amidst COVID-19 Pandemic
Employee and worker safety amidst the coronavirus crisis has become the first priority of companies in the barite market. Hence, manufacturers have adopted telecommunication to support remotely via phones, Skype and VPN amongst other communication platforms. Global economic turbulences are anticipated to affect the barite market. Manufacturers are increasing efforts to devise contingency plans to address the uncertainty associated with lockdown relaxations in the upcoming months.
For additional insights on how the market growth will unfold over the projection period, write to press@futuremarketinsights.com
The post Barite Market 2020 Production Analysis – Key Players Sojitz Corporation, Anglo Pacific Minerals, Baker Hughes Incorporated, China Shen Zhou Mining and Resources, Inc. first appeared on Market Research Blog.
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