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Global Bentonite Market Insight February 8, 2022 Comments

The Bentonite is forecast to crazy increase over the next few years. According to the WK-chem Research “Global Bentonite Professional Survey Report 2022, Forecast to 2027”, Rising infrastructure activities in emerging countries such as China, South Korea, and India, as well as rising oil and gas exploration in the United States and Canada are likely to drive demand for bentonite. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 4.94% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
Since the past two decades, a large proportion of people have migrated to urban centers for better employment opportunities and a better way of life. This has led to the construction of smart cities and some residential and commercial complexes, said Amy, Senior analyst, Chemical & Material Market Research Center in WK-chem Research. Owing to the global popularity of bentonite due to its high viscosity and thixotropy, this in turn is expected to drive market growth in the near future.
Market insight:
Impressive absorbing and adsorbing properties of bentonite, makes it a key ingredient in skin care products. In addition, increasing consumption of bentonite as a sealing agent in construction industry will assist the market’s growth. Excellent plasticity and lubricating properties with high dry-bonding strength of bentonite is poised to increase its consumption in personal care products and construction industry.
Bentonite is able to expand 10 times its volume which provides it its slippery, viscous properties due to which it acts as a lubricant. Owing to its aforementioned properties bentonite is used in mud-rotary and drilling processes. With a large number of oil and gas producers around the globe, consumption of bentonite as a drilling fluid for extraction of crude oil and natural gas has amplified. With its impressive water holding and nutrient offering ability bentonite is used to remove dryness and nutrient deficiency of soil. Bentonite has diverse applications in the field of skin care, food, construction, pharmaceuticals and oil & gas.
Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Bentonite companies that include 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).
Segmentation of Bentonite Market:
According to the type bentonite can be divided into sodium bentonite and calcium bentonite. Sodium bentonite is a natural sealant is used for sealing stock & recreational ponds, city landfills, and dairy & sewage lagoons. It is highly effective in controlling dust on roads & highways. Sodium bentonite is among the low-cost and most effective methods of treating porous soils. It does not contain any chemicals, additives, or toxic elements; thus, it is considered an environmentally safe option. Sodium bentonite is used as a binder in foundry sands owing to its high swelling property as more swelling bentonite has a higher strength in the water condensation zone. The demand for foundry sand has increased in workshops and factories that manufacture parts of automotive, construction, and steel industry to mould foundry products. This further provides huge market opportunity for sodium bentonite manufacturers operating globally.
Bentonite can be widely used in molding sands, iron ore pelletizing, pet litter, drilling mud, civil engineering, agriculture and others. Growing steel production in developing economies such as China, India and Vietnam are driving the iron ore pelletizing market major factor.
Bentonite Market: Regional Analysis
In terms of geography, the global Bentonite market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific will occupy the main market. This is due to the maturation of the agriculture, automotive and construction industries in the region, which is further boosted by the iron pellet industry driven by urbanisation, population growth and rising living standards. Growing agricultural market demand in India is likely to increase the use of sulphur bentonite to increase yields of various crops such as grains, pulses, fruits and vegetables. It also helps improve the smell and taste of various crops such as onions, ginger, garlic and fruits, including grapes and oranges. In addition, government subsidies are promoting the use of conventional sulfur bentonite fertilizers.
Cagr: 4.94%

Largest share area:Asia Pacific
Largest share country:China
Product Type:Sodium Bentonite and Calcium Bentonite
Application:Molding Sands, Iron Ore Pelletizing, Pet Litter, Drilling Mud, Civil Engineering, Agriculture and Others
Leading Company:Amcol(US), Clariant (Switzerland), Imerys (S&B) (France), Bentonite Company LLC (Russia), Tolsa Group (Spain)