Baryte Global Market Report 2018

Baryte Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3147 | Format :

Barite Mining include mining of barite products that are used as filler in paint and plastics, sound reduction in engine compartments, coat of automobile finishes for smoothness and corrosion resistance, friction products for automobiles and trucks, radiation-shielding cement, glass ceramics and medical applications.

The global barite mining market was valued at $1.33 billion in 2017. Asia Pacific was the largest geographic region accounting for $0.5 billion or 37.76% of the global market. And the USA was the largest country accounting for $0.25 billion or 19.09% of the global barite mining market.

Companies engaged in barite mining industry are using autonomous vehicles and automated technologies to increase the productivity and reduce the labor cost. Autonomous machines have better fuel efficiency, productivity, vehicle durability, and overall machine performance than manually operated machines. For instance, Caterpillar developed semi-autonomous underground load haul dumper (LHD) at Newmont mine in Nevada to minimize labor cost.
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