Barite and Unconventional Oil and Gas Industry: Market Report 2016
Barite is a mineral possessing extremely high specific gravity, this property determines barite use in in oil and gas excavation as a drilling fluid weighting agent. Up to 85% of all barite produced worldwide is used in oil and gas industry. One of the reasons for barite consumption growth is a rising trend to explore deeper and unconventional oil and gas resources. Plus, the vertical drilling technology evolution to horizontal drilling stimulates demand.
Barite world market witnesses tight supply situation due to escalating demand. It resulted in prices climbing up in recent years.
Asia Pacific region is the leading supplier of barite to the global market. The region accounts for up to 70% of barite production. China alone produces nearly half of total global output volume. MENA region is the second largest producer but its share is quite smaller – about 15%.
Driving by shale oil and gas exploration boom barite demand is expected to grow tremendously in next five years. New projects are underway and some are planned. USA, Liberia, Mexico, Zimbabwe are developing barite mines.
The report focuses on global, regional and country markets of barite in line with oil and gas market overview with emphasize on shale resources. The report provides analysis of world unconventional oil and gas resources and prospects of exploration. The report determines world barite market supply and demand, prices and gives forecast. Asia Pacific, MENA, North America, Latin America, Europe and CIS countries markets are studied in the research.
*Please note that “Barite and Unconventional Oil and Gas Industry: Market Report 2016” is a half ready publication and contents are subject to changes and additions. We have all data necessary for report preparation but it needs to be retrieved from our databases, organized in a report, updated with the latest information and thus the complete study will be presented. This process takes 2-3 business days after the order is placed. Thus, our clients always obtain a revised and updated version of each report. Please note that we do not charge for an updating procedure.
1.1. Mineral properties and applications
1.2. Barite as a weighting agent in drilling, advantages of barite
1.3. Possible substitutes, their effectiveness
1.4. Transportation and storage
2. WORLD OIL AND GAS INDUSTRY
2.1. Current trends and prospects of world oil and gas industry
2.2. Estimated unconventional oil and gas resources worldwide, prospects shale formations
2.2.2. CIS countries
2.2.3. Asia Pacific
2.2.4. North America
2.2.5. Latin America
2.2.7. Sub-Sahara Africa
2.3. Future of unconventional oil and gas resources exploring, projects
3. BARITE GLOBAL MARKET OVERVIEW
3.1. Barite resources worldwide, mines
3.2. Supply and demand: historical data and present situation
3.3. Prices (drilling grade, paint grade, chemical grade)
4. ASIAN PACIFIC MARKET OF BARITE
4.1. Asia Pacific region as the leading supplier of barite: market trends, market volumes, forecast, barite mining projects
4.2. Asia Pacific market by country – mines, production, manufacturers, consumption, prices, export and import operations
5. MENA REGION MARKET OF BARITE
5.1. MENA region barite market situation, market prospects, barite projects
5.2. MENA region market by country – mines, production, manufacturers, consumption, prices, export and import operations
5.2.5. Saudi Arabia
6. NORTH AMERICA MARKET OF BARITE
6.1. North America barite production, consumption, market forecast
6.2. North America market by country – mines, production, manufacturers, consumption, prices, export and import operations
7. LATIN AMERICA MARKET OF BARITE
7.1. Overview of barite market trends in Latin America, expected production and consumption volumes changes, barite projects
7.2. Latin America market by country – mines, production, manufacturers, consumption, prices, export and import operations
8. CIS COUNTRIES MARKET OF BARITE
8.1. Barite supply/demand in CIS region, market forecast, barite projects
8.2. CIS countries market – mines, production, manufacturers, consumption, prices, export and import operations
9. EUROPEAN MARKET OF BARITE
9.1. European market of barite: market trends, market volumes, forecast, barite mining projects
9.2. European market by country – mines, production, manufacturers, consumption, prices, export and import operations
9.2.2. United Kingdom
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