Global Bentonite Market Growth 2023-2029

Global Bentonite Market Growth 2023-2029

The name bentonite was first suggested in 1898 for clay hosted by the Benton Shale in Wyoming. It was initially described as clay formed by the alteration of volcanic ash, but the most widely used commercial definition is that bentonite is clay consisting essentially of smectite minerals (usually montmorillonite) regardless of occurrence or origin.

Most economic bentonite deposits are of Cretaceous age or younger and associated with marine shale and marl (Wyoming), calcareous sands and marls (Morocco), carbonaceous shales and coal (South Africa), sandstone and conglomerate (Australia), dacitic pyroclastics and tuffs (Milos), andesite (China) or rhyolite and obsidian/perlite (China and Mozambique).

Bentonite is characterised by exchangeable cations such as Ca2+, Mg2+, Na+ or Li+ which affect its designation and properties. For example, bentonite is typically described as either swelling or nonswelling bentonite. Swelling bentonite (also known as western bentonite) is sodium bentonite that swells in water and is generally used in its natural state. Non-swelling bentonite is calcium bentonite (also known as southern bentonite) that is used as mined, after treatment with soda ash to produce sodium-exchanged bentonite, or treated with acid to produce bleaching clay. Li-rich bentonite is known as hectorite and is commercially mined only in the US.

Natural bentonites occur in two main forms: Na-based and Ca-based. While Ca-bentonite is more common, Na-bentonite is a more effective binder. To boost the binding power of Ca-bentonite, it is subjected to a chemical reaction with soda ash to activate its outer and inner surfaces, which increases its ability to bind water.

This report studies the Sodium Bentonite and Calcium Bentonite.

LPI (LP Information)' newest research report, the “Bentonite Industry Forecast” looks at past sales and reviews total world Bentonite sales in 2022, providing a comprehensive analysis by region and market sector of projected Bentonite sales for 2023 through 2029. With Bentonite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bentonite industry.

This Insight Report provides a comprehensive analysis of the global Bentonite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bentonite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bentonite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bentonite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bentonite.

The global Bentonite market size is projected to grow from US$ 1356.4 million in 2022 to US$ 1611.2 million in 2029; it is expected to grow at a CAGR of 1611.2 from 2023 to 2029.

Amcol(US), Bentonite Performance Minerals LLC(US), Wyo-Ben Inc(US), Black Hills Bentonite(US), Tolsa Group (Spain), Imerys (S&B) (France), Clariant (Switzerland) and Bentonite Company LLC (Russia) are the top 8 players of Bentonite, with about 56% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Bentonite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Sodium Bentonite

Calcium Bentonite

Segmentation by application

Molding Sands

Iron Ore Pelletizing

Pet Litter

Drilling Mud

Civil Engineering

Agriculture

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Amcol(US)

Bentonite Performance Minerals LLC(US)

Wyo-Ben Inc(US)

Black Hills Bentonite(US)

Tolsa Group (Spain)

Imerys (S&B) (France)

Clariant (Switzerland)

Bentonite Company LLC (Russia)

Laviosa Minerals SpA (Italy)

LKAB Minerals (Netherlands)

Ashapura (India)

Star Bentonite Group (India)

Kunimine Industries (Japan)

Huawei Bentonite (China)

Fenghong New Material (China)

Chang’an Renheng (China)

Liufangzi Bentonite (China)

Bentonit Uniao (Brazil)

Castiglioni Pes y Cia (Argentina)

Canbensan (Turkey)

Aydın Bentonit (Turkey)

KarBen (Turkey)

G & W Mineral Resources (South Africa)

Ningcheng Tianyu (China)

Elementis (UK)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bentonite market?

What factors are driving Bentonite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bentonite market opportunities vary by end market size?

How does Bentonite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.