Bentonite is a commercially used name for naturally occurring clay which significantly consists of montmorillonite. It is formed from weathering of volcanic ash. Bentonite clay has high water absorption capacity which expand it and leading to swelling. In addition, it possesses superior plasticizing properties which are used in filling the void and parching cracks. Moreover, they are used in numerous applications as a binder, sealants, adsorbent, and absorbent.

According to MRFR analysis, the Global Bentonite Market is projected to reach USD 1.62 Billion with a moderate CAGR of 4.1% during the forecast period.

Competitive Analysis

Black Hills Bentonite, LLC (US), Halliburton (US), Kemira (Finland), CB Minerals (US), Minerals Technologies Inc (US), Clariant (Switzerland), Alfa Aesar (US), KUNIMINE INDUSTRIES CO., LTD (Japan), Ashapura Group (India), Wyo-Ben, Inc. (US), Pacific Bentonite Ltd. (Canada), Delmon Group of Companies (UAE), CIMBAR PERFORMANCE MINERALS (US), LKAB Minerals (Sweden), and Kutch Minerals (India) are some of the key players operating in the global bentonite market.

Request Free Sample Report: https://www.marketresearchfuture.com/sample_request/7896

Based on product, the global bentonite market has been segmented into sodium bentonite, calcium bentonite, sulfur bentonite, and others. The sodium bentonite segment held the largest market share in 2018 and is projected to register the highest CAGR during the review period. This is attributed to its ability to absorb large amounts of water, high alkalinity, thermal stability, high viscosity, and high strength formation and is used in the foundry industry as a binder to enhance the product quality and reduce scrap generation.

On the basis of application, the global bentonite market has been classified into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others. The foundry sands segment dominated the global market in 2018 which was followed by drilling fluids and iron pelletizing application segments. This is largely attributed to its increasing adoption in foundry molds for the metal casting of utility hole covers, transmission housings, brake drums, engine blocks, cast iron pans, among others.

Make An Enquiry: https://www.marketresearchfuture.com/enquiry/7896

verages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics. The oil and gas segment accounted for the largest market share in 2018 and is followed by construction and cosmetics owing to the growing demand for bentonite in drilling fluids applications.

Market Segmentation

The global bentonite market has been segmented on the basis of product, application, end-use industry, and region.

By product, the global bentonite market has been divided into sodium bentonite, calcium bentonite, sulfur bentonite, and others.

Based on application, the global bentonite market has been segmented into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others.

Talk to Expert: https://www.marketresearchfuture.com/ask_for_schedule_call/7896

On the basis of end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and beverages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics.

The global bentonite market has been studied across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Regional Analysis

Geographically, the global bentonite market has been studied across the five regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The North American market witnessed the largest market share in 2018 and is projected to grow at steady CAGR during the forecast period owing to growing drilling operations for extraction of shale gas in the region. The US is the leading country in the region on account of high demand for bentonite in drilling activities, pharmaceuticals, and wastewater treatment. Asia-Pacific is estimated to be the fastest-growing market during the assessment period owing to the growing demand for the product in iron pelletizing, food and beverages, pulp and paper, and ceramics industries. India is the leading country in the region owing to the presence of major manufacturers in the country such as Ashapura Group and Kutch Minerals; and growing construction activities. China, Japan, and South Korea are other countries contributing to the regional market growth.

Get Reasonable Discount on This Premium Report @ https://www.marketresearchfuture.com/check-discount/7896

By end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and be

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact US:

Wantstats Research and Media Private Limited,

99 Hudson Street,5Th Floor,

New York, New York 10013,

United States of America

Follow Us: LinkedIn | Twitter