Stay updated with breaking news from Deposit Type. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
![Global Barite Market Predicted to Gather $1,712.1 Million by 2028, Growing at a CAGR of 4.3% from 2021-2028 [224-Pages] - Vimarsana News](https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg?p=twitter){kind=logo}
/PRNewswire/ -- Research Dive has added a new report to its offering titled, 'Barite Market by Color (Grey, White & Off White, Brown, and Others), Deposit Type...
Share this article Share this article ResearchAndMarkets.com's offering. The global barite market was valued at $1.4 billion in 2019, and is projected to reach $2.4 billion by 2027, growing at a CAGR of 7.3% from 2020 to 2027. Barite is comprised of barium sulphate is a common mineral used by oil & gas companies in their drilling activities. It is used in the drilling fluids to maintain the pressure in the well during drilling and to prevent the influx of unwanted fluids from the formation. It is also used as a filler, extender, or weighting agent in products such as paints, plastics, and ru...