Barite Market - Forecast, 2021-2026

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Barite Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• Barite Market is forecast to reach 2.4 billion
  by 2026, after growing at a CAGR of 5 during
  2021-2026 due to increasing consumption from
  various end-use industries such as textile
  paper, rubber, automotive, paint coatings, oil
  gas, medical sector, and others. Barite is also
  known as barium sulfate and has a high density
  which is required for the drilling system to
  reduce the mud's cost. Barite features properties
  such as corrosion resistance, abrasion
  resistance, chemical resistance, ink mobility,
  color stability, water insolubility, and others
  that is estimated to grow the barite market size. 

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• Key Takeaways
• Barite or barium sulfate is consumed as
  filler, anglesite anhydrite as paint pigments,
  and extenders in various end-use industries such
  as sport, power plants, electrical components,
  automotive manufacturing, construction, and
  others.
• Additionally, barite helps to block radiation in
  diagnostic tests with iodine and is used to
  prevent X-ray penetration which may act as an
  opportunity for the barite market in the medical
  sector.
• However, the availability of substitutes such as
  ilmenite, celestine, and synthetic hematite for
  barite may create a hindrance for the market.

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By Distribution Channel- Segment Analysis Grade
4.22 held the largest share for the global barite
market in 2020. Grade 4.22 is used as filler in
the rubber industry which is estimated to grow
the demand for barite grade 4.22. According to
the Malaysian Rubber Council, in 2019, global
rubber production was 28.8 million tons as
compared to 29.2 million tons in 2018. Also,
it improves the hardness, wears resistance, and
aging resistance of rubber. The barite filler for
the rubber requires BaSO4 greater than 98, CaO
less than 0.36, and not containing Magnesium
Oxide and lead. Hence, the growing rubber demand
is likely to propel the demand for barite grade
4.22 during the forecast period.
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• Barite
  Market Outlook 
• Spectrum Chemical Manufacturing Corporation
• Deutsche Baryt Industrie
• Halliburton
• New Riverside Ochre Company
• Albar Industrial Minerals Ltd.
• Excalibar Minerals LLC
• Anglo Pacific Minerals
• SCR-Sibelco N.V.
• Ashapura Group of Industries
• Barium Chemicals

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Barite Market -
Forecast 2021-2026 Learn More About the Report
_at_ https//www.industryarc.com/Report/18059/barit
e-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id18059

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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