The global barite market size is expected to reach USD 2.13 billion by 2030, expanding at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is projected to be driven by the growing investments in the oil & gas sector and rising demand from industries, such as paints & coating, chemicals, cosmetics, plastics, cement, and rubber....

The India barite market was estimated to be worth approximately USD 38.5 million in 2023 and is expected to experience steady growth, with a projected compound annual growth rate (CAGR) of 7.6% from 2024 to 2030. This upward trend is primarily driven by increasing demand from the oil and gas industry, expanding activity in the renewable energy sector, and a rising usage of barite in...