Barite Market - Forecast(2021 - 2026)

 Barium is a mineral composed of barium sulphate. It is extracted from mineral deposits. Rapid increase in the production of oil and gas and rise in application areas for barium compounds are estimated to boost the demand and growth of barite market during the forecast period. This market report is classified on the basis of various parameters. This report contains market segments on the basis of usage, end-user industry and geography.


The barite market is classified on the basis of usage into:
  • Weighting Agent
  • Paint Pigments
  • Barite Compounds Preparation
  • Diagnostic Medical Tests
  • Others

The key factor for the growth of this market is the widespread advantages and demanding applications of barite by various end-user industries in the coming years.

Barite Market

APAC accounts for a major share of XX% in barite market. China is a dominant producer of barite. Europe is witnessed to have a rise in growth with a CAGR of XX% in the next few years with the new chemical companies being established. The market is dominated by large and medium barite mining companies involved in the extraction and processing of barite. The barite market is witnessed to rise with a CAGR of XX% to reach $XX m in 2021 from $XX million in 2015.

Sample Companies Profiled in this Report are:
  • Solvay S.A.
  • Huber Engineered Materials
  • CIMBAR Performance Minerals
  • 3M Company
  • Sachtleben Chemie GmbH
  • 10+

The estimates and forecasts have been derived based on various inputs from primary and secondary sources. Secondary sources such as articles, whitepapers, journals and other has helped to deliver an extensive analysis in this report. Insights related to various regulatory frameworks and consumer studies have been collected from publications by government organizations and other companies related to extraction, mining and manufacturing.

To enhance the accuracy of the estimates, the data has been validated by conducting interviews with industry experts. This report on barite market identifies many such insights, market share analysis and M&A opportunities, besides providing a detailed analysis of the key players, distributors and growth rate of the market.

Comments

Post a Comment

Popular posts from this blog

Philippines Air Conditioning Market - Forecast(2021 - 2026)

Image
  The air conditioning market in the Philippines reached $8.45 billion in 20018, growing at a CAGR of 4.55% during 2019-2025. The changing tropical weather coupled with rising heat and humidity in the Philippines is the key driving factor for the air conditioning market. During 2015-19, the average temperature in the Philippines from April to July has increased by 28%. In addition to this, a significant proportion of untapped household has kept the opportunity to open for a low-cost air conditioner in this country. In 2018, 23%-27% of total household in the Philippines was not using any air conditioner. Similarly, the Philippines is likely to witness a revision in Minimum Energy Performance Standards (MEPS) policy, as the same policy has not been revised since 2002. Thus, government and regulatory bodies in the Philippines have started initiating to set up new MEPS policy for air conditioning products to meet emerging emission and energy efficiency requirement. This will be likely...
Read more

Animal Nutrition Market - Forecast(2020 - 2025)

Image
  Animal Nutrition Market Overview: As per the Food and Agriculture Organization of the United Nations, the global population will reach the 9 billion mark by 2050, constructing food challenges. Owing to the depletion of arable land as a result of industrialization, food security is a major objective and livestock products are among the prime means to meet such objectives. Economic development has induced pressure on the livestock sector for more efficient production with limited resources; it also supports the income and food security of almost 1.3 billion people. Thus, animal farming sector is capitalizing upon food security concerns, accounting for nearly 40% of the global agricultural production value. Animal nutrition is a necessity with increasing uptake, for the mandatory affluence of global livestock sector and primarily for the rampant production of protein-enriched commodities such as meat, eggs, and milk to feed the majority of the non-vegetarian population globally...
Read more

Colocation and Managed Hosting (CMH) Market Analysis - Forecast(2021 - 2026)

Image
  Colocation and Managed Hosting Market Overview The Global market for Colocation and Managed Hosting is forecast  to reach $625.8 million  by 2026, growing at  a CAGR of 12.2%  from 2021 to 2026. The market growth is attributed to the factors such as growing data centres, technological developments, growing expenditure through regulated cloud providers and colocation networks and others. Moreover, rising adoption of IOT devices, edge computing and others boosts the market growth.  The market growth is attributed to the factors such as growing deployment of cloud-based storage systems, rising growth of advanced technologies such as IoT, AI and many others along with providing increased work productivity across different industries. Moreover, growing investments from various sectors towards infrastructure development of data centres are also booming the market growth. The rising demand for remote monitoring services and software designed data services will ...
Read more