Bentonite Market By Product and Application – Global Industry Analysis & Forecast to 2025
Bentonite Market By Product (Calcium, Sodium, Sulphur) and Application (Cat Litter, Refining, Civil Engineering, Foundry Sands, Iron Ore Pelletizing and Drilling Muds) – Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Bentonite Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Rising infrastructural development in China, Japan, India and Malaysia attributable to expanded open use is anticipated to help the development business and in this manner quicken bentonite market growth. The construction market of Southeast Asia driven by Singapore, Malaysia and Indonesia is observed to develop tremendously which demonstrates enormous market development potential. Bentonite discovers use in building waterproof screens, tunneling, waterproofing foundations, slurry walls and adjustment of housings.
Based on product, the demand for sodium bentonite from foundry sands applications was valued over USD 190 million in 2017 owing to its ability to absorb massive amounts of water. Based on application Foundry Sands is the leading segment and is anticipated to grow significantly.
Geographically, Asia Pacific driven by Japan, India, China and South Korea bentonite market demand is foreseen to develop considerably. This area has witnessed a substantial development in construction exercises and automotive manufacturing due to urbanization and growth of population which has bolstered the iron pelletizing sector
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Pacific Bentonite Ltd.
Minerals Technologies Inc.
Delmon Group of Companies
Black Hills Bentonite
Ashapura Minechem Limited
MIDPOINT Chemicals Company
CIMBAR Performance Minerals
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?