Portland, OR -- (SBWire) -- 08/18/2017 --Barite or baryte is a mineral which mainly contains 65.7% barium oxide and 34.3% sulfate in its pure form. Sometimes natural barite also consists of trace amount of strontium. It is an industrial mineral with high density, low solubility, high brightness & whiteness, chemical inertness, softness, and lesser cost. The most significant feature of barite is its relatively high density of 4.5g/cm3 making it commercially important for industrial, medical, and production. Main applications of this mineral include filler in paint & plastics, source of barium, production of lithopone, absorber of harmful rays, flux during glass manufacture adding brilliance & clarity, and more.

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In the global barite market, the rise in demand from paints, automotive, plastics and oil & gas industries is expected majorly drive the market. Asia-Pacific is expected to witness significant growth owing to increase in demand for barite for rapidly growing oil & gas, paints and plastics industries. In the U.S., growth in product demand due to the shale oil drilling is another factor that supports the market growth. However, substitution of barite from other minerals such asilmenite, celestite, iron ore, and synthetic hematite is expected to hamper the market growth.

Comprehensive competitive analysis and profiles of major market players provided in the report are:

- APMDC
- Ashapura Group
- Desku Group Inc.
- Excalibar Minerals LLC
- Halliburton Co.
- International Earth Products LLC
- Kaomin Industries
- Mil-Spec Industries Corporation
- Milwhite Inc.
- Seaforth Mineral & Ore Co. Inc.

Key Benefits:

- This report provides an extensive analysis of the current trends and emerging estimations & dynamics of
the global barites market.

- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.

- Detailed analysis of the industry based on the grade and end user industry help understand the trending
variety and potential end user industry.

- Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to
make profit-oriented business decisions and strengthen their supplierbuyer network.

- Extensive analysis of the market is conducted by following key product positioning and monitoring of top
players within the market framework.

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Barite Market Key Segments:

By Deposit Type
- Residual
- Bedding
- Vein
- Cavity Filling

By Grade
- Up to Grade 3.9
- Grade 4.0
- Grade 4.1
- Grade 4.2
- Grade 4.3
- Grade above 4.3

Color
- White & off-white
- Grey
- Brown
- Others

End User Industry
- Oil & drilling
- Paints & coatings
- Pharmaceuticals
- Rubber & plastics
- Textiles
- Adhesives
- Others

By Region
- North America
- Europe
- Asia-Pacific
- LAMEA

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