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To 2024, Barite Market to grow at a CAGR of over 6%, Leading Companies like Halliburton, Sibelco Group, Spectrum Chemical Mfg. Corp
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Barite is very effective in making the rubber water proof and acid & alkali proof as well. Barite market from the rubber and plastic application is set to register a growth rate of 3% over 2017-2024, subject to strong growth outlook from the automotive and consumer goods sector. Thus, the uses of barite in the rubber industry makes the product highly durable and helps in improving the intensity of rubber.
Barite in the cosmetic industry can be used as a substitute of titanium dioxide, owing to its gentle and mild effect on the skin. This has strongly impacted the growth of barite market in the cosmetics application. The white & off-white color barite is significantly used in the cosmetics, rubber, and medical application. As per estimates, the white and off-white barite market is foreseen to register 3% CAGR over 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Spectrum Chemical Mfg. Corp.
2. Deutsche Baryt Industrie
3. Halliburton
4. New Riverside Ochre Co
5. Albar Industrial Minerals Ltd.
6. Excalibar Minerals, LLC
7. Anglo Pacific Minerals
8. Sibelco Group
9. Ashapura Group Of Industries
10. BARIUM & CHEMICALS INC.
Asia Pacific barite market is expected to emerge as one of the most lucrative growth avenues for barite market, given that the region has been experiencing a commendable growth across numerous sectors. As per analysts, the continent is anticipated to generate substantial revenue from the sales of white and off-white barite, which is slated to grow at a CAGR of 3% up to 2024. This is primarily due to the growing prominence of the paints & coatings sector in the region, since the product is heavily utilized in this industry.
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Experts predict that major companies operating in global barite market will make substantial investments toward the global revenue in the future. Having established its footprints across major geographies, barite market is also likely to tap into the areas on lesser potential, especially across Europe. Considering the fact that the mineral is used across numerous sectors, barite market is slated to exhibit an appreciable growth rate over the forthcoming years.
Table Of Content For This Research Report:
Chapter 4. Barite Market, By Grade
4.1.Barite market share by grade, 2016 & 2024
4.2.Upto sp 3.9
4.2.1.Market estimates and forecasts, 2013 – 2024
4.2.2.Market estimates and forecasts by region, 2013 – 2024
4.3.Grade 4.0
4.3.1.Market estimates and forecasts, 2013 – 2024
4.3.2.Market estimates and forecasts by region, 2013 – 2024
4.4.Grade 4.1
4.4.1.Market estimates and forecasts, 2013 – 2024
4.4.2.Market estimates and forecasts by region, 2013 – 2024
4.5.Grade 4.2
4.5.1.Market estimates and forecasts, 2013 – 2024
4.5.2.Market estimates and forecasts by region, 2013 – 2024
4.6.Grade 4.3
4.6.1.Market estimates and forecasts, 2013 – 2024
4.6.2.Market estimates and forecasts by region, 2013 – 2024
4.7.Grade above 4.3
4.7.1.Market estimates and forecasts, 2013 – 2024
4.7.2.Market estimates and forecasts by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/barite-market
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Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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