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Barite Market will reach at a CAGR of 4.2% from 2019 to 2029

Use of barite (or barium sulphate) as a filler in varnishes, inks, paints, coatings and plastics has gained significant traction. High temperature stability and density, along with chemical inertness of barite is surging its demand in these industries. Barite enhances the workability, viscosity and consistency of primers, surfacers and fillers. Manufacturers worldwide thus prefer barite for paint and coating applications.

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Barite Market will reach at a CAGR of 4.2% from 2019 to 2029

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  1. Barite Market March 2020 Report Id : REP-GB-150 Published On : Mar 05,2020 Category : Chemicals and Materials www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework,and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distillit to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews ❑ ❑ ❑ ❑ Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research ❑ ❑ ❑ ❑ ❑ ❑ Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection ❑ ❑ ❑ ❑ ❑ Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights ❑ ❑ # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Barite Market Analysis Riding the growing trend of high energy consumption, and the resultant demand for oil and gas, the global barite market is projected to display a moderate 4.2% CAGR through the end of 2029. Capabilities of barite to absorb gamma and x-rays has generated lucrative opportunities for growth of the barite market. A new Future Market Insights (FMI) study reveals that product innovations and geographic expansion would remain the focal point for manufacturers in the barite market. "Major players in global barite market are diversifying their product portfolio across multiple end-use industries through expansion and innovation to sustain their market position," says the FMI report. Barite Market: Key Findings 1. Oil and gas industry to remain key application area of barite through 2029, owing to population growth. Increased adoption of coating applications has triggered the uptake of barite in paints, varnishes, automotive, and textiles. North America will remain a leading regional market for barite. Asia Pacific is projected to display strong growth during the forecast period. 2. 3. 4. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Barite Market Analysis Barite Market: Key Driving Factors 1. 2. Heightening oil and natural gas exploration activities continue to push demand for barite. Surging popularity of barite as a filler in inks, paints, plastics, and coatings remains a strong booster to market growth. Properties of barite including high stability, enhanced finish, chemical inertness, and eco-friendly attributes is bolstering market growth. The use of barite in radiation shielding for the burgeoning cement industry will augur well for the barite market. 3. 4. Barite Market: Key Restraints 1. The high complexity and cost of the barite production process threatens the long-term growth of market. The consolidated and competitive market landscape generates critical challenges for emerging players in the barite industry. 2. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Barite Market Analysis Competition Landscape The global barite market is consolidated, where leading players hold key positions, across the globe, except in China, where the market is fragmented. Targeting the production of barite to meet the needs of variegated applications will be among the key strategies of manufacturers. Companies are also investing in product innovation and launches, research and development activities, and capacity and geographical expansions to bolster growth in untapped markets. FMI's analysis also indicates that companies are preferring expansion in Asia Pacific to leverage lucrative opportunities. Some of the major companies operating in the global barite market include, but are not limited to, Guizhou Sinobarite Mining Co., Ltd., Ecostar, Andhra Pradesh Mineral Development, Corpomin, Excalibar Minerals, Halliburton Energy Services Inc., and Milwhite Press Release Source: https://www.accesswire.com/580422/Barite-Market-to-Show-Modest- Growth-Trajectory-of-42-through-2029-Oil-and-Natural-Gas-Exploration-Activities-Continue-to- Drive-Growth-Concludes-FMI-Study www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Barite Market Analysis Explore FMI's extensive research coverage in Chemicals & Materials landscape 1. Dolomite Market 2. Low Dosage Hydrate Inhibitors Market 3. Viscosity Index Improvers Market Click here to Order a free sample About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Barite Market Analysis Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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