Bentonite Market Worth, Revenue Share Analysis, , Region & Country Forecast, 2020–2028

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Reports and Data has published a new study on the Global Bentonite Market comprising of exclusive insights, growth prospects, market size and share estimation, and opportunities

The Bentonite Market is forecasted to grow from USD 1.32 Billion in 2018 to USD 2.16 Billion by 2026, at a CAGR of 6.1%, during the forecast period. The market is primarily driven by the increasing demand for bentonite from the oil and gas industry as an additive for drilling mud.

Increase in oil and gas drilling activities in combination with increasing application in geosynthetic clay liners and the medical industry are expected to drive the market during the forecast period.

Increasing infrastructural growth in China, India, Japan and Malaysia is predicted to boost the construction industry as a result of increased public spending and thus accelerate the size of the market.

The increase in environmental concerns about wastewater treatment due to high toxic and radioactive chemicals is expected to promote growth for bentonite. Wastewaters generally have a high demand for chemical oxygen, which causes risk of mortality for aquatic animals and imparts unwanted odor and dirt.

The market for bentonite may be restricted by the inability to prevent the formation of mud cake and swelling in oil wells that hinder the rate of production.

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How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$).
Exclusive insight into the key trends affecting the Bentonite industry, although key threats, opportunities and disruptive technologies that could shape the Global Bentonite Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Bentonite Market most.
The data analysis present in the Bentonite report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or restrainers on Bentonite business.
Top Key Players:

AMCOL International (US),
Wyo-Ben Inc (US),
MidPoint Chemicals Company (US),
M-I SWACO (US),
Volclay International (US),
Kemira (Finland),
Alfa Aesar (US),
Charles B. Chrystal Co. Inc. (US),
Cimbar (US),
and Amsyn Inc (US).
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Types:

Sodium Bentonite
Carbon Bentonite
Others
Application:

Foundry Sands
Iron Ore Pelletizing
Pet Litter
Drilling Mud
Civil Engineering
Refining
Others
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