Barite Market to Grow at a CAGR of 4.2% through 2029 Barite Market-converted | Page 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
© 2019 Future Market Insights, All Rights Reserved
6