Skip to main content

Posts

Showing posts with the label Barite Market Analysis

Barite Market: Barite Plays Roles of Weighting Agent and Barium Meal Component to Extend Applications, TMR

The   global barite market   is predicted to bear witness to the establishment of new markets and elaboration of the production volume of current plants in regions that are not yet exploited. Holding a moderately fragmented character, the world market is anticipated to be domineered by large and medium sized companies involved in barite mining. Some of the top-tier companies making their presence known in the market are Excalibar Minerals LLC, China Shen Zhou Mining and Resources Inc., Ashapura Group of Industries, and Andhra Pradesh Mineral Development Corporation. CIMBAR Performance Minerals has taken to the manufacture of highly user-friendly and distinctive products to gain an edge over its competitors.  According to a reliable study by Transparency Market Research (TMR), the international barite market is forecasted to reach a revenue valuation of US$1.8 bn by 2024 from US$1.2 bn in 2016. Since barite finds a vital usage in controlling the volatile flow of oi...

Global Barite Market: Production Volume to Cross 11 Thousand Kilo Tons by 2024, predicts TMR

Of late, the   global barite market   has been experiencing an intense competition between the leading companies, namely, APMDC, China Shen Zhou Mining and Resources Inc., Halliburton Co., Excalibar Minerals LLC, and Ashapura Minechem Ltd., finds a report by Transparency Market Research (TMR). The market has been demonstrating a highly fragmented structure, with these companies holding only 31.1% share of the overall market in 2015. Currently, the leading vendors of barite across the world are making strategic alliances to increase their market share. Analysts at TMR expect these firms to increase investments in novel barite-mining projects in order to expand their reserves over the next few years. View Exclusive Global Strategic Business Report:   http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8587 The report estimates the opportunity in the global market for barite, which was worth US$1.29 bn in 2015, to progress at a CAGR of 4...