Bentonite Market: Growth, Trends, Demand & Key Players to 2025

Jul 19, 2023

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07 Jul, 2022, 03:40 ET

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The bentonite market report offers a comprehensive analysis by Product (sodium bentonite, calcium bentonite, and others), Application (foundry sands, iron ore pelletizing, pet litter, drilling mud, and others), and Geography (APAC, North America, Europe, South America, MEA)

NEW YORK, July 7, 2022 /PRNewswire/ -- The bentonite market size is expected to increase by USD 401.92 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.86% as per the latest market forecast report by Technavio. The organically modified bentonites and their increased use in geosynthetic clay liner systems is a major trend supporting the global bentonite market share growth. Organically modified bentonite clay is used to improve the performance of clay for organic pollutants. Geosynthetic clay liners and geomembranes are widely used to control the migration of leachates from waste disposal facilities. Geomembranes possess many limitations and require well-constructed clay backup. Geosynthetic clay liners perform better and are easy to construct and reduce the volume of the lining system for disposal facilities.

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Bentonite Market: Segmentation Analysis

Technavio market forecast report offers a bentonite market report that is segmented as - Product (sodium bentonite, calcium bentonite, and others), Application (foundry sands, iron ore pelletizing, pet litter, drilling mud, and others), and Geography (APAC, North America, Europe, South America, and MEA).

Bentonite Market: Major Growth Drivers

The following factors are expected to drive the growth of the market during the forecast period:

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Bentonite Market: Vendor Analysis

The bentonite market is fragmented and the vendors are deploying growth strategies such as advanced product offerings and strengthening their positions in local markets to gain a competitive advantage to compete in the market. The bentonite market report also offers information on several market vendors, including CIMBAR Performance Minerals, Clariant International Ltd., EP Minerals LLC, Halliburton Co., Imerys, KUNIMINE INDUSTRIES Co. Ltd., LKAB Minerals AB, Minerals Technologies Inc., Mitsubishi Corp., and Wyo-Ben Inc. among others.

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Bentonite Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.86%

Market growth 2021-2025

USD 401.92 million

Market structure

Fragmented

YoY growth (%)

4.20

Performing market contribution

APAC at 38%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

CIMBAR Performance Minerals, Clariant International Ltd., EP Minerals LLC, Halliburton Co., Imerys, KUNIMINE INDUSTRIES Co. Ltd., LKAB Minerals AB, Minerals Technologies Inc., Mitsubishi Corp., and Wyo-Ben Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by Application

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio