DUBLIN--(BUSINESS WIRE)--The "Global Barium Sulfate - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
One of the best procurement practices for buyers is to engage with suppliers that adopt automation in the mining process as it minimizes the risk of supply disruptions.
According to the report, one of the key growth contributors for the global barium sulfate market is its extensive use in the paints and coatings industry to modify the consistency of paints, especially paints that are used in the construction and automotive industries. Further, the report states that a major procurement challenge experienced by the buyers is the difficulty faced while identifying suppliers that can meet qualitative and quantitative requirements.
One of the emerging market trends is the introduction of a new barium sulfate grade. Conventionally, barium sulfate with a specific gravity of 4.2 was used as a weighting agent in drilling fluids. Since 2010, the American Petroleum Institute has issued an alternative grade of barium sulfate of 4.1-specific gravity for use in drilling fluids as it meets the chemical and sizing requirements for drilling activities in the oil and gas industry. Additionally, the introduction of a new grade of barium sulfate has also provided an additional option for buyers, driving the growth of the market in terms of volume.
Key Topics Covered
Part 1: Category at a Glance
Part 2: Scope of the Report
Part 3: Market Insights
Part 4: Supply Market Insights
Part 5: Pricing Insights
Part 6: Procurement Insights
Part 7: Top Five Suppliers
For more information about this report visit https://www.researchandmarkets.com/research/bg8c4b/global_barium?w=4