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Industrial Applications Strengthen Long-Term Barite Market Outlook
The global Barite market was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.4 billion by the end of 2035. The industry is expected to grow at a CAGR of 4.4% during the forecast period from 2025 to 2035. Growth is primarily driven by rising demand from the oil and gas drilling sector, increasing use in paints and coatings, and expanding applications in rubber, plastics, and...
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