![]() ![]() ![]() With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. ![]() AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.ĪMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. Leading players of the global barite market analyzed in the research include Chinchana Group, KIA Energy Company Ltd., Demeter O&G Supplies SN BHD, General Electric, NHAT HUY Group, Halliburton, Ashapura Group, Schlumberger, Sibelco, and Sojitz Corporation.Īllied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. These insights aid to devise business strategies and how to react to new lucrative opportunities. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The Barite industry is studied on the basis of geography along with the competitive landscape in every region. ![]() The demand would grow gradually as oil & gas drilling activities have resumed and manufacturing activities among end-use industries of barite have begun during the post-lockdown period. This also affected the demand for barite. In addition, there has been a significant reduction in production activities of paints & coatings, textiles, plastics, and adhesive industries with disruptions in the supply chain. The oil producers suffered a sharp decline in supply and demand. dropped considerably as drill rig count fell during the Covid-19 pandemic. Owing to a halt in the oil & gas drilling activities across the globe during the lockdown and as a preventive measure to eliminate the possibility of Covid-19 infection, the demand for barite has been decreased significantly. The global Barite market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.īuy Now, Getting Exclusive Discount and Free Consultation Scenario However, the pharmaceuticals segment is projected to manifest the largest CAGR of 8.2% during the forecast period The report also discusses the lumps segment.īy end-use industry, the oil & gas drilling segment held the largest market share in 2019, accounting for nearly two-thirds of the global barite market, and is projected to continue its leadership status by 2027. Moreover, this segment is projected to portray the fastest CAGR of 7.7% from 2020 to 2027. However, Asia-Pacific is estimated to grow at the fastest CAGR of 8.2% from 2020 to 2027.īy form, the powder segment contributed to the largest market share in 2019, holding more than half of the global market, and is projected to maintain its highest contribution throughout the forecast period. On the other hand, emerging oil-producing regions present new opportunities in the coming years.īy region, North America accounted for the highest market share in terms of revenue of the market in 2019, contributing to more than one-third of the total share, and will maintain its lead throughout the forecast period. However, availability of substitutes restrains the market growth. shale oil drilling activities and demand from the paints & coatings industry in Asia-Pacific. Global Barite market growth is driven by increase in the U.S. OREGON, PORTLAND, USA, Ma/ / - Allied Market Research Says, the barite market size was $1.4 billion in 2019, and is projected to exceed $2.4 billion by 2027, witnessing a CAGR of 7.3% from 2020 to 2027. ![]()
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