Global Pharmaceutical Grade Bentonite Market Growth 2023-2029

Global Pharmaceutical Grade Bentonite Market Growth 2023-2029

Bentonite is mainly used as an auxiliary material in the pharmaceutical industry. Bentonite is used as a pharmaceutical excipient due to its water absorption, suspension, dispersibility, cohesiveness, and thixotropy.
LPI (LP Information)' newest research report, the “Pharmaceutical Grade Bentonite Industry Forecast” looks at past sales and reviews total world Pharmaceutical Grade Bentonite sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Grade Bentonite sales for 2023 through 2029. With Pharmaceutical Grade Bentonite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Grade Bentonite industry.
This Insight Report provides a comprehensive analysis of the global Pharmaceutical Grade 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 Pharmaceutical Grade Bentonite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical Grade Bentonite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Grade 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 Pharmaceutical Grade Bentonite.
The global Pharmaceutical Grade Bentonite market size is projected to grow from US$ 19 million in 2022 to US$ 29 million in 2029; it is expected to grow at a CAGR of 29 from 2023 to 2029.
US is the largest producer of pharmaceutical grade bentonite. Key players in US include Minerals Technologies (Amcol) and Bentonite Performance Minerals LLC (BPM). Minerals Technologies (Amcol) is the largest manufacturer of the pharmaceutical grade bentonite in the world. In Bentonite market, this company has a share about nearly 50 percent of global market. Other key players include Clariant, Ashapura, Chang'an Renheng, Ningcheng Tianyu and Inner Mongolia Longqing Bentonite Technology. China is also an important player, with several small companies in this industry. Chinese players hold a share about 13 percent of all pharmaceutical grade bentonite market.
The key applications of pharmaceutical grade bentonite are Pharmaceutical Ointment, Pharmaceutical Oral Suspensions, Pharmaceutical Desiccant, and other applications, Other areas include calamine lotion. Pharmaceutical Ointment is the largest application, with a share over 40 percent in 2019, followed by Pharmaceutical Oral Suspensions and Pharmaceutical Desiccant.
This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Grade 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
Pharmaceutical Ointment
Pharmaceutical Oral Suspensions
Pharmaceutical Desiccant
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.
Minerals Technologies(Amcol)
Bentonite Performance Minerals LLC (BPM)
Clariant
Ashapura
Chang'an Renheng
Ningcheng Tianyu
Inner Mongolia Longqing Bentonite Technology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Pharmaceutical Grade Bentonite market?
What factors are driving Pharmaceutical Grade Bentonite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pharmaceutical Grade Bentonite market opportunities vary by end market size?
How does Pharmaceutical Grade 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.