The mineralogical term for barium sulphate is barite, which comes from the Greek word "barus" (heavy). The mineral is sometimes referred to as "barytes" in commerce. The phrase "primary barite" refers to the initial commercial product, which comprises crude barite (run of mine) and products from simple beneficiation procedures such washing, jigging, heavy media separation, tabling, flotation, and magnetic separation. To achieve minimal purity or density, most crude barite must be upgraded.
Barite is crushed and screened to a consistent size before being used as an aggregate in a "heavy" cement. Before being employed as a filler or extender, an additive to industrial products, or a weighing agent in petroleum well drilling mud specification barite, most barite is ground to a small, uniform size. Despite the presence of a "heavy" metal (barium), barite is not considered a dangerous substance under Section 313 of the Emergency Planning and Community Right-to-Know Act of 1986 due to its insoluble nature.
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It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the barite market include The Andhra Pradesh Mineral Development Corporation Ltd., Ashapura Group, Anglo Pacific Minerals Ltd., Schlumberger Limited, Sojitz Corporation, PANDS GROUP, The Kish Company, Inc, ALCOR MINERALS, PVS Global Trade Pvt Ltd, Pulapathuri and J & H Minerals Pvt.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Barite Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/barite-market/download-sampleMarket DynamicsThe market is mainly driven by rising oil and gas drilling activities worldwide.
In addition, the rise in the application of barite as a weighting agent in oil well drilling fluids to counteract specific pressure that results from well drilling operations significantly contributes toward the growth of the market.
Furthermore, expansion in offshore and gas drilling activities and rising investment by major oil companies in deep and ultra-deep offshore exploration are likely to further augment the market growth over the forecast period.
Moreover, rapid industrialization and urbanization in the developing region have surged the consumption of paints and coatings in end-use industries.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
