Bentonite Market Growth Rate and Industry Analysis 2021-2026 in MR News

  • Aug. 30, 2022, 4:36 a.m.
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  • Public

Stratview Research has published a new report titled “Bentonite Market” which is segmented by Product Type (Sodium, Calcium, Sulphur, and Others), by Application Type (Foundry Sands, Cat Litter, Iron Ore Pelletizing, Refining, Drilling Muds, Civil Engineering, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the market is likely to witness an impressive CAGR of 8.0% during the forecast period. Infrastructure growth in developing economies such as India, Brazil, and China is driving the construction industry and hence, boosting the bentonite market. Bentonite is used in tunneling, building waterproof screens, slurry walls, waterproofing foundations, and stabilization of casings.

Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the product type, the market is segmented as sodium bentonite, calcium bentonite, sulfur bentonite, and others. Sodium bentonite is likely to dominate the market owing to higher water absorption than calcium bentonite, it can be used as binders, liner materials, and waterproofing materials.

Based on the application type, the market is segmented as foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, civil engineering, and others. Foundry sands application dominated the market in 2020 and is expected to remain the major application type during the forecast period.

Which Region is expected to remain the largest market?
In terms of regions, North America is estimated to be the largest market driven by large-scale drilling and exploration activities in the USA. Asia-Pacific is expected to witness the highest growth during the forecast period driven by emerging economies such as China, India, ASEAN countries, and others.

Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players willing to enter the market. The following are the key players active in the Bentonite Market:
- Mineral Technologies
- Delmon Group of Companies
- CETCO
- Black Hills Bentonite
- Halliburton.

Key questions answered by the report
- What is the projected CAGR for revenue from the Bentonite Market during the forecast period?
- What would the market be valued at by 2026?
- What is a major driving factor for the growth of the market?
- Which region accounted for the largest revenue share in the Bentonite Market?
- Which are the major market players?

Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.

About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.


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