Global Bentonite Powder Market Growth 2023-2029

Global Bentonite Powder Market Growth 2023-2029

Product Code:456991

Published Date: Feb 08,2023

Pages: 121

Region: Global

Category: Chemical & Material

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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.

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

This Insight Report provides a comprehensive analysis of the global Bentonite Powder 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 Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bentonite Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bentonite Powder 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 Powder.

The global Bentonite Powder market size is projected to grow from US$ 1286.4 million in 2022 to US$ 1686.2 million in 2029; it is expected to grow at a CAGR of 1686.2 from 2023 to 2029.

The main Bentonite Powder players include Amcol (Minerals Technologies), Imerys (S&B), Clariant, etc. The top threeBentonite Powder players account for approximately 42% of the total global market. North America is the largest consumer market for Bentonite Powder, followed by China and Europe. In terms of Type, Sodium Bentonite is the largest segment, with a share about 92%. And in terms of End Users, the largest application is Iron Ore Pelletizing, followed by Molding Sands.

This report presents a comprehensive overview, market shares, and growth opportunities of Bentonite Powder 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 (Minerals Technologies)
    Bentonite Performance Minerals
    Wyo-Ben Inc
    Black Hills Bentonite
    Tolsa Group
    Imerys (S&B)
    Clariant
    Bentonite Company LLC
    Laviosa Minerals SpA
    LKAB Minerals
    Ashapura
    Star Bentonite Group
    Kunimine Industries
    Huawei Bentonite
    Fenghong New Material
    Chang'an Renheng
    Liufangzi Bentonite
    Bentonit União
    Castiglioni Pes y Cia
    Canbensan
    Aydın Bentonit
    KarBen
    G & W Mineral Resources
    Ningcheng Tianyu
    Elementis

Key Questions Addressed in this Report
What is the 10-year outlook for the global Bentonite Powder market?
What factors are driving Bentonite Powder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bentonite Powder market opportunities vary by end market size?
How does Bentonite Powder break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?