Barite Market is forecast to reach $2.4 billion by 2026, after growing at a CAGR of 5% during 2021-2026 due to increasing consumption from various end-use industries such as textile & paper, rubber, automotive, paint & coatings,
The global barite market share is classified based on special grade (Sp. Gr) into: up to Sp. Gr. 3.9, Gr. 4.0, Gr. 4.1, Gr. 4.2, Gr. 4.3 and Gr. 4.3 & above. The industry can also be classified based on deposits into vein, bedding, cavity and residual filling.
Asia Pacific was the largest geographic region accounting for $0.5 billion or 37.76% of the global market. The USA was the largest country accounting for $0.25 billion or 19.09% of the global baryte mining market. Read Report https://www.thebusinessresearchcompany.com/report/baryte-global-market-report-2018
Barite Market 2018 to 2022 witnessed strong growth from oil & gas exploration industry owing to its usage to suppress the high formation of liquid & prevent blowouts. Rising pressure on energy sector to meet global demand of growing transportation & petrochemical industry has result in rising oil & gas production which in turn will have positive impact on barite market.Barite Market report spread across 140 pages, include 34 table & 11 figures, also profiled top 10 plus global market players.
Barite Market report categorizes the global market by Grade (Up to Grade 3.9, Grade 4.0, Grade 4.1, Grade 4.2, Grade 4.3, Grade above 4.3), by Color (Brown, White & Off-White, Grey, Others)
According to the study, new oil and gas drilling projects in Asia are fuelling demand for drilling fluids, which in turn, is creating sustained opportunities for stakeholders across the potassium formate value chain.
The report provides a complete roadmap for setting up an barium sulfate manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.
Expanded Perlite Market size was valued at USD 710.4 million in 2015 and is forecast to experience gains exceeding 7.3% CAGR by 2024. Global expanded perlite market size is positively influenced by robust growth in the construction industry in the recent years. In 2015, the global expanded perlite market share was moderately fragmented. Key industry players include Perlite-Hellas, Cornerstone Industrial, Aegean Perlites SA and Supreme Perlite Company.
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