Overview:  The global market for barite is getting significant traction from the healthcare industry and the construction sector. Barite Industry is known for its low solubility, brightness or whiteness, high density, chemical inertness, softness, and low cost, which makes it perfect for several industries. Its application as an additive for paints, rubbers, plastics, friction...

The global barite market experienced significant growth in 2021 and is expected to maintain a high revenue CAGR over the forecast period. Rapid industrialization, construction activities, and increased applications in various industries, including oil & gas, paints & coatings, healthcare, and automotive, are major driving factors. The unique properties of barite make it suitable for...

Overview  The barite market is projected to grow rapidly at a CAGR of 5.82% throughout the forecast period. Drilling activities around the world as well as increasing production of barium carbonate drive the global barite market. These key growth drivers have incredibly helped the Barite Market Size and are estimated to boost the growth. Analysts studying the barite market have...