The Global Barite Powder Market was valued at USD 1.52 Billion in 2023 and is projected to reach USD 2.08 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2024-2030). This growth is driven by escalating demand from oilfield drilling operations, expanding chemical manufacturing, and increasing applications in paint, plastic, and rubber industries.

As industrial sectors increasingly rely on high-performance mineral additives, we examine the key producers defining the global barite supply chain. This blog profiles the Top 10 Companies in the Barite Powder Industry – including mining operations, processors, and specialty chemical suppliers setting industry standards worldwide.

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🔟 1. ISHTAR COMPANY LLC

Headquarters: Dubai, UAE
Key Offering: API-13A certified barite, high-grade barium sulfate

ISHTAR COMPANY LLC operates as a premier barite supplier with integrated processing facilities meeting stringent oilfield and industrial specifications. Their products serve drilling operations across Middle Eastern and Asian markets with consistent quality control.

Market Position:

• Annual production capacity exceeding 500,000 metric tons
• Strategic distribution network spanning 45+ countries
• ISO 9001:2015 accredited quality management

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9️⃣ 2. Schlumberger Limited

Headquarters: Houston, Texas, USA
Key Offering: Baroid-branded drilling barite, weighted additives

Schlumberger’s Baroid division provides specialty barite products for challenging drilling environments through its global network of processing plants and technical support teams.

Market Position:

• 20+ specialized barite processing facilities worldwide
• API 13A Section 2 and ISO 13500 certified products
• Patented beneficiation technologies for premium-grade material

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8️⃣ 3. Chemi Enterprises LLP

Headquarters: Mumbai, India
Key Offering: Micronized barium sulfate, precipitated grades

Chemi Enterprises has established itself as a leading producer of high-purity barite products for specialty applications requiring precise particle sizes and chemical consistency.

Market Position:

• Advanced micronization technology for 2-10 micron particles
• 99.5% minimum BaSO₄ content across product lines
• REACH and TSCA compliance for global distribution

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7️⃣ 4. Mineral Co

Headquarters: Shanghai, China
Key Offering: Industrial-grade barite, drilling mud additive

As China’s dominant barite exporter, Mineral Co maintains extensive mining operations and processing capabilities to serve both domestic and international markets.

Market Position:

• Annual production exceeding 1 million metric tons
• Ownership of three major barite deposits
• Strong export partnerships with Middle Eastern markets

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6️⃣ 5. Halliburton

Headquarters: Houston, Texas, USA
Key Offering: High-density drilling barite, completion fluids

Halliburton’s barite products are engineered to meet the rigorous demands of deepwater drilling and high-pressure formations through proprietary processing methods.

Market Position:

• Specialized beneficiation for 4.2+ specific gravity material
• Global logistics network for oilfield supply chain efficiency
• Tier-1 supplier status for offshore projects worldwide

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5️⃣ 6. Pavan Micro Minerals

Headquarters: Ahmedabad, India
Key Offering: Ultra-fine barite, surface-modified grades

Pavan Micro Minerals specializes in high-value barite applications requiring superior optical properties and dispersion characteristics for premium industrial uses.

Market Position:

• Sub-micron particle size distribution capabilities
• Custom surface treatments for polymer compatibility
• Strategic co-development partnerships with paint formulators

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4️⃣ 7. Guizhou Tianhe Phosphate Industry

Headquarters: Guiyang, China
Key Offering: Lumps and powder for drilling applications

This Chinese enterprise operates integrated mining and processing operations with a focus on high-density barite for oilfield service companies.

Market Position:

• Complete mine-to-customer supply chain control
• Specialization in 4.1+ SG material production
• Cost-effective bulk shipment capabilities

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3️⃣ 8. Milwhite, Inc.

Headquarters: Houston, Texas, USA
Key Offering: API-grade barite, industrial barium products

With a 75-year history in mineral processing, Milwhite serves North and South American markets through strategically located production and distribution facilities.

Market Position:

• Multi-generational mineral processing expertise
• Dedicated port facilities for export operations
• Custom formulation capabilities for specialty applications

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2️⃣ 9. Excalibar Minerals LLC

Headquarters: Houston, Texas, USA
Key Offering: Purified barium sulfate, drilling grade barite

A Newpark Resources subsidiary, Excalibar operates multiple specialized barite processing plants serving industrial and oilfield sectors across North America.

Market Position:

• High-purity barium sulfate production expertise
• Advanced mineral separation technologies
• Technical application support services

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1️⃣ 10. Ashapura Minechem Ltd.

Headquarters: Mumbai, India
Key Offering: Low-iron barite, activated barium compounds

Ashapura controls substantial barite resources in India and produces value-added products for premium polymer and coating applications.

Market Position:

• Vertically integrated mining and value-addition operations
• Specialization in low iron content formulations (<0.1%)
• Sustainable mining certifications and practices

Get Full Report Here: Barite Powder Market – View in Detailed Research Report

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🌍 Market Outlook: Barite Industry Evolution

The global barite market is experiencing transformation through technological advancements in mineral processing and expanding applications beyond traditional oilfield uses.

📈 Key Industry Trends:

• Increasing demand for high-purity API-grade material from shale drilling
• Growing adoption in automotive sound dampening applications
• Expansion in high-performance paint and coating formulations
• Supply chain diversification and regional production growth

Get Full Report Here: Barite Powder Market – View in Detailed Research Report