The global market for Barite Products was estimated to be worth US$ 593 million in 2024 and is forecast to a readjusted size of US$ 742 million by 2031 with a CAGR of 3.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Barite Products cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Barite is a mineral composed of barium sulfate (BaSO4). It receives its name from the Greek word "barys" which means "heavy." This name is in response to barite's high specific gravity, which is exceptional for a nonmetallic mineral. The high specific gravity of barite makes it suitable for a wide range of industrial, medical, and manufacturing uses. Barite also serves as the principal ore of barium. In 2024, global Barite Products production reached approximately 1312 K MT, with an average global market price of around US$ 451 per MT.
Over the past few years, the barite products market has increasingly diversified beyond its traditional stronghold in oil and gas drilling. While barite remains essential as a high-density weighting agent in drilling fluids, especially amid expanding offshore and deepwater exploration in regions like North America, the Middle East, and Asia, new applications in chemicals, construction, automotive, healthcare (e.g., radiation shielding, medical imaging), and specialty industrial products are fueling meaningful growth. Demand for eco-friendly drilling additives and sustainable mining practices, driven by environmental regulations, is also reshaping the landscape-encouraging innovation in purification and processing technologies to meet stricter quality and sustainability standards .
Regionally, North America leads in barite consumption, spurred by robust shale drilling and supportive infrastructure investments, while Asia Pacific-anchored by China and India-dominates production. However, reliance on imports and volatile supply chains have prompted several countries, notably the U.S., to enhance domestic mining and processing through strategic initiatives, technological upgrades, and regulatory support . At the same time, emerging applications such as radiation shielding, advanced fillers in paints and plastics, and even investigation into battery material uses are opening fresh avenues for value-added barite, gradually transitioning the market from a commodity focus to more specialized, higher-margin segments.
This report aims to provide a comprehensive presentation of the global market for Barite Products, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Barite Products by region & country, by Type, and by Application.
The Barite Products market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Barite Products.
Market Segmentation
By Company
- Excalibar Minerals
- Milwhite
- Andhra Pradesh Mineral Development
- Halliburton(Hughes)
- SinoBarite
- Baser Mining
- Corpomin
- Guizhou Toli
- China Zhashui Heqi Barite Mining
- Yunnan Judu Minerals
- Haiwo Minerals
- Hubei Chuangyuan Minerals
- Red Star
Segment by Type
- Up to Grade 3.9
- Grade 4.0
- Grade 4.1
- Grade 4.2
- Grade 4.3
- Grade above 4.3
Segment by Application
- Drilling Industry (Rig)
- Medical Industry
- Rubber & Plastics
- Pulps and Papers
- Paints and Coatings
- Cosmetic Industry
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Barite Products manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Barite Products in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Barite Products in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Barite Products Product Introduction
- 1.2 Global Barite Products Market Size Forecast
- 1.2.1 Global Barite Products Sales Value (2020-2031)
- 1.2.2 Global Barite Products Sales Volume (2020-2031)
- 1.2.3 Global Barite Products Sales Price (2020-2031)
- 1.3 Barite Products Market Trends & Drivers
- 1.3.1 Barite Products Industry Trends
- 1.3.2 Barite Products Market Drivers & Opportunity
- 1.3.3 Barite Products Market Challenges
- 1.3.4 Barite Products Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Barite Products Players Revenue Ranking (2024)
- 2.2 Global Barite Products Revenue by Company (2020-2025)
- 2.3 Global Barite Products Players Sales Volume Ranking (2024)
- 2.4 Global Barite Products Sales Volume by Company Players (2020-2025)
- 2.5 Global Barite Products Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Barite Products Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Barite Products Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Barite Products
- 2.9 Barite Products Market Competitive Analysis
- 2.9.1 Barite Products Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Barite Products Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Barite Products as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Up to Grade 3.9
- 3.1.2 Grade 4.0
- 3.1.3 Grade 4.1
- 3.1.4 Grade 4.2
- 3.1.5 Grade 4.3
- 3.1.6 Grade above 4.3
- 3.2 Global Barite Products Sales Value by Type
- 3.2.1 Global Barite Products Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Barite Products Sales Value, by Type (2020-2031)
- 3.2.3 Global Barite Products Sales Value, by Type (%) (2020-2031)
- 3.3 Global Barite Products Sales Volume by Type
- 3.3.1 Global Barite Products Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Barite Products Sales Volume, by Type (2020-2031)
- 3.3.3 Global Barite Products Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Barite Products Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Drilling Industry (Rig)
- 4.1.2 Medical Industry
- 4.1.3 Rubber & Plastics
- 4.1.4 Pulps and Papers
- 4.1.5 Paints and Coatings
- 4.1.6 Cosmetic Industry
- 4.1.7 Others
- 4.2 Global Barite Products Sales Value by Application
- 4.2.1 Global Barite Products Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Barite Products Sales Value, by Application (2020-2031)
- 4.2.3 Global Barite Products Sales Value, by Application (%) (2020-2031)
- 4.3 Global Barite Products Sales Volume by Application
- 4.3.1 Global Barite Products Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Barite Products Sales Volume, by Application (2020-2031)
- 4.3.3 Global Barite Products Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Barite Products Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Barite Products Sales Value by Region
- 5.1.1 Global Barite Products Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Barite Products Sales Value by Region (2020-2025)
- 5.1.3 Global Barite Products Sales Value by Region (2026-2031)
- 5.1.4 Global Barite Products Sales Value by Region (%), (2020-2031)
- 5.2 Global Barite Products Sales Volume by Region
- 5.2.1 Global Barite Products Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Barite Products Sales Volume by Region (2020-2025)
- 5.2.3 Global Barite Products Sales Volume by Region (2026-2031)
- 5.2.4 Global Barite Products Sales Volume by Region (%), (2020-2031)
- 5.3 Global Barite Products Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Barite Products Sales Value, 2020-2031
- 5.4.2 North America Barite Products Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Barite Products Sales Value, 2020-2031
- 5.5.2 Europe Barite Products Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Barite Products Sales Value, 2020-2031
- 5.6.2 Asia Pacific Barite Products Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Barite Products Sales Value, 2020-2031
- 5.7.2 South America Barite Products Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Barite Products Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Barite Products Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Barite Products Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Barite Products Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Barite Products Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Barite Products Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Barite Products Sales Value, 2020-2031
- 6.3.2 United States Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Barite Products Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Barite Products Sales Value, 2020-2031
- 6.4.2 Europe Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Barite Products Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Barite Products Sales Value, 2020-2031
- 6.5.2 China Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Barite Products Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Barite Products Sales Value, 2020-2031
- 6.6.2 Japan Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Barite Products Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Barite Products Sales Value, 2020-2031
- 6.7.2 South Korea Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Barite Products Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Barite Products Sales Value, 2020-2031
- 6.8.2 Southeast Asia Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Barite Products Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Barite Products Sales Value, 2020-2031
- 6.9.2 India Barite Products Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Barite Products Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Excalibar Minerals
- 7.1.1 Excalibar Minerals Company Information
- 7.1.2 Excalibar Minerals Introduction and Business Overview
- 7.1.3 Excalibar Minerals Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Excalibar Minerals Barite Products Product Offerings
- 7.1.5 Excalibar Minerals Recent Development
- 7.2 Milwhite
- 7.2.1 Milwhite Company Information
- 7.2.2 Milwhite Introduction and Business Overview
- 7.2.3 Milwhite Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Milwhite Barite Products Product Offerings
- 7.2.5 Milwhite Recent Development
- 7.3 Andhra Pradesh Mineral Development
- 7.3.1 Andhra Pradesh Mineral Development Company Information
- 7.3.2 Andhra Pradesh Mineral Development Introduction and Business Overview
- 7.3.3 Andhra Pradesh Mineral Development Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Andhra Pradesh Mineral Development Barite Products Product Offerings
- 7.3.5 Andhra Pradesh Mineral Development Recent Development
- 7.4 Halliburton(Hughes)
- 7.4.1 Halliburton(Hughes) Company Information
- 7.4.2 Halliburton(Hughes) Introduction and Business Overview
- 7.4.3 Halliburton(Hughes) Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Halliburton(Hughes) Barite Products Product Offerings
- 7.4.5 Halliburton(Hughes) Recent Development
- 7.5 SinoBarite
- 7.5.1 SinoBarite Company Information
- 7.5.2 SinoBarite Introduction and Business Overview
- 7.5.3 SinoBarite Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 SinoBarite Barite Products Product Offerings
- 7.5.5 SinoBarite Recent Development
- 7.6 Baser Mining
- 7.6.1 Baser Mining Company Information
- 7.6.2 Baser Mining Introduction and Business Overview
- 7.6.3 Baser Mining Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Baser Mining Barite Products Product Offerings
- 7.6.5 Baser Mining Recent Development
- 7.7 Corpomin
- 7.7.1 Corpomin Company Information
- 7.7.2 Corpomin Introduction and Business Overview
- 7.7.3 Corpomin Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Corpomin Barite Products Product Offerings
- 7.7.5 Corpomin Recent Development
- 7.8 Guizhou Toli
- 7.8.1 Guizhou Toli Company Information
- 7.8.2 Guizhou Toli Introduction and Business Overview
- 7.8.3 Guizhou Toli Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Guizhou Toli Barite Products Product Offerings
- 7.8.5 Guizhou Toli Recent Development
- 7.9 China Zhashui Heqi Barite Mining
- 7.9.1 China Zhashui Heqi Barite Mining Company Information
- 7.9.2 China Zhashui Heqi Barite Mining Introduction and Business Overview
- 7.9.3 China Zhashui Heqi Barite Mining Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 China Zhashui Heqi Barite Mining Barite Products Product Offerings
- 7.9.5 China Zhashui Heqi Barite Mining Recent Development
- 7.10 Yunnan Judu Minerals
- 7.10.1 Yunnan Judu Minerals Company Information
- 7.10.2 Yunnan Judu Minerals Introduction and Business Overview
- 7.10.3 Yunnan Judu Minerals Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Yunnan Judu Minerals Barite Products Product Offerings
- 7.10.5 Yunnan Judu Minerals Recent Development
- 7.11 Haiwo Minerals
- 7.11.1 Haiwo Minerals Company Information
- 7.11.2 Haiwo Minerals Introduction and Business Overview
- 7.11.3 Haiwo Minerals Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Haiwo Minerals Barite Products Product Offerings
- 7.11.5 Haiwo Minerals Recent Development
- 7.12 Hubei Chuangyuan Minerals
- 7.12.1 Hubei Chuangyuan Minerals Company Information
- 7.12.2 Hubei Chuangyuan Minerals Introduction and Business Overview
- 7.12.3 Hubei Chuangyuan Minerals Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Hubei Chuangyuan Minerals Barite Products Product Offerings
- 7.12.5 Hubei Chuangyuan Minerals Recent Development
- 7.13 Red Star
- 7.13.1 Red Star Company Information
- 7.13.2 Red Star Introduction and Business Overview
- 7.13.3 Red Star Barite Products Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Red Star Barite Products Product Offerings
- 7.13.5 Red Star Recent Development
8 Industry Chain Analysis
- 8.1 Barite Products Industrial Chain
- 8.2 Barite Products Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Barite Products Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Barite Products Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer