Argentina Barite Market Size & Outlook, 2023-2030
Argentina barite market, 2018-2030 (US$M)
Related Markets
Argentina barite market highlights
- The Argentina barite market generated a revenue of USD 10.7 million in 2023 and is expected to reach USD 13.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, oil & gas was the largest revenue generating application in 2023.
- Fillers is the most lucrative application segment registering the fastest growth during the forecast period.
Barite market data book summary
| Market revenue in 2023 | USD 10.7 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Oil & gas |
| Fastest growing segment | Fillers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oil & Gas, Chemicals, Fillers, Other Applications |
| Key market players worldwide | Pacific Booker Minerals Inc, Calibre Mining Corp, Schlumberger Ltd, PVS Chemicals, Ashapura Group, Cimbar Performance Minerals |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global barite market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil barite market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 17.1 million by 2030.
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Barite Market Scope
Barite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina barite market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to barite market will help companies and investors design strategic landscapes.
Oil & gas was the largest segment with a revenue share of 60.75% in 2023. Horizon Databook has segmented the Argentina barite market based on oil & gas, chemicals, fillers, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market in this country can be attributed to increasing investments in the oil & gas and construction industries, as well as in infrastructure development projects in Argentina.
Announced an investment worth USD 5.0 billion in natural gas project in 2023 that is anticipated to be 22% more than the investment made by it in oil & gas sector in 2022.
The company is currently conducting the exploration of the D-129 formation in the Golfo San Jorge basin to uncover significant shale gas reserves.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina barite market , including forecasts for subscribers. This country databook contains high-level insights into Argentina barite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina barite market size, by application, 2018-2030 (US$M)
Argentina Barite Market Outlook Share, 2023 & 2030 (US$M)
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