Being a proficient and all-inclusive Bentonite Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This report has reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.
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The bentonite market is expected to witness market growth at a rate of 4.50% in the forecast period of 2021 to 2028 and is expected to reach USD 2.39 billion by 2028. Data Bridge Market Research report on bentonite market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The large number of construction and mud drilling applications across the globe is escalating the growth of bentonite market.
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Market Overview:
The high usage of the product to grease the cutting head, remove drill cuttings and to close borehole walls, rise in the rate of applications across industries as groundwater barriers, binders in iron and steel manufacturing, absorbents for pet litter and oil and grease and liquor clarifiers and high drilling mud applications are the major factors driving the bentonite market. The increase in the usage of iron ore pellets in the manufacturing of steel, high demand from end-use applications such as cleansers in pharmaceuticals and rubber tires in the automotive industry and growing product popularity among end-user industries including cosmetics, food and automotive on account of its superior binding accelerate the bentonite market. The usage in wastewater treatment for the removal of organic substances, heavy metal and nutrients and increasing inclination towards the product owning to their low product price, ease of availability and high adsorption capabilities influence the bentonite market. Additionally, growth in awareness among users, expansion of various manufacturing industries, and surge in disposable income positively affect the bentonite market. Furthermore, research and development projects and emerging economies extend profitable opportunities to the bentonite market players in the forecast period of 2021 to 2028.
The major players covered in the bentonite market report are AMCOL International Corporation, Wyo-Ben, Inc., MidPoint Chemicals Company, LLC, Hindusthan MI Swaco Limited, CB MINERALS, Cimbar Performance Minerals Inc, AMSYN Incorporated, Kutch Minerals, Clariant, Black Hills Bentonite LLC, KUNIMINE INDUSTRIES CO., LTD., Halliburton, Minerals Technologies Inc., Bentonite Performance Minerals LLC, Pacific Bentonite Ltd, Delmon Group, Minerals Technologies Inc., MIDPOINT Chemicals Company, LKAB Minerals AB, Minerals Technologies Inc., Star Bentonite Group, Laviosa Chimica Mineraria SpA among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Bentonite Market Country Level Analysis
The bentonite market is analyzed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the global bentonite market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the bentonite market because of the large scale exploration and drilling activities and implementation of stringent regulations in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the growing need from construction, metallurgy and oil and gas industries in the region.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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