Infinium Global Research Global Barite Market | Page 12

Global Barite Market: Trends and Forecast -2023
Emerging markets of Asia-Pacific, Middle East and Latin America regions are
expected to drive the growth in the world market. The Asia-Pacific region is
expected to grow at a CAGR ofx.x% over the forecast period. North America is
projected to grow at the highest CAGRx.x% over the period of 2017 – 2023.
DRO ANALYSIS
DRO stands for drivers, restraints and opportunities. The DRO analysis involves,
identifying the factors that are likely to have impact on the global Barite market. It
covers analysis of short term and long term impact of drivers and restraints.
Through this analysis both short term and long term opportunities are identified.
These opportunities present the investment options and new markets for the
market players in the Barite market.
Drivers refer to the factors that are expected to drive or boost the market size or
demand for Barite. The analysis involves identification of both demand side and
supply side factors that drive the demand as well as environmental factor that favor
the market conditions for growth of Barite market both in short run and long run.
DRIVERS, RESTRAINTS AND OPPORTUNITIES IN GLOBAL BARITE MARKET
D •
•
• Driver 1
Driver 2
Driver 3
R •
•
• Restraint 1
Restraint 2
Restraint 3
O •
• Opportunity 1
Opportunity 2
Drivers
Restraints
Opportunities
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