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Chief Technology Officer at Valuates Reports

The global Barite market was valued at US$ 977.9 million in 2022 and is anticipated to reach US$ 1056.7 million by 2029 witnessing a CAGR of 1.1% during the forecast period 20232029. In 2019 Chinas barite mineral output accounted for 29.91% of the global output and 31.17% of the global market share. India and Morocco are the second and third largest producers of barite minerals respectively accounting for 24.11 percent and 11.51 percent of global barite mineral production in 2019. In terms of applications drilling fluid is the largest part accounting for 78% of the global market share in 2019.

Global Barite Market Research Report 2023

Global Barite Market Research Report 2023

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