Bentonite Market: By Product Type (Sodium Bentonite, Calcium Bentonite, Sulphur Bentonite, Others), By Application (Foundry Sands, Cat Litter, Construction, Iron Ore Pelletizing, Drilling Mud, Refining, Others), and Geography  

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Bentonite Market size was valued at USD 1,326.8 million in 2022, growing at a CAGR of 5.1% from 2023 to 2029. The global market provides a detailed overview and that can be segmented by product type and by application. By product type, the global bentonite market has been segmented into Sodium Bentonite, Calcium Bentonite, Sulphur Bentonite, and Others. The Sodium Bentonite segment is likely to be the largest and fastest-growing segment in terms of product type in 2021 and is expected to maintain the trend. Based on application, the global bentonite market is segmented into Foundry Sands, Cat Litter, Construction, Iron Ore Pelletizing, Drilling Mud, Refining, and Others. Among these, the Foundry Sands segment is expected to have the fastest-growing market during the forecast period 2022-2028. Bentonite has various applications in construction, metallurgy, mining, and refining industries. There are ample of advantages of Bentonite over the minerals such as free flowability and thermal stability, and wide range of applications which are boosting the global bentonite market growth at a significant rate. The rapid growth in the construction industry in emerging countries, rise in infrastructural investment from public and private sectors, and rapid urbanization are anticipated to propel the Bentonite market over the forecast years. Moreover, increase in the use of Bentonite in refining, metallurgy, and pharmaceutical industries also boosting the global market growth.

Global Bentonite Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

North America

Fastest Growing Market

Europe
Bentonite Market Drivers And Restraints

Rapid growth in the construction industry in developed and developing countries, rise in infrastructural investment from public and private sectors, and rapid urbanization are anticipated to propel the Bentonite market over the forecast years. Moreover, increase in the use of Bentonite in refining, metallurgy, and pharmaceutical industries also propel the market over the forecast years.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Bentonite Market Segmentation

By Product Type
  • Sodium Bentonite
  • Calcium Bentonite
  • Sulphur Bentonite
  • Others
By Application
  • Foundry Sands
  • Cat Litter
  • Construction
  • Iron Ore Pelletizing
  • Drilling Mud
  • Refining
  • Others
By Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The fastest-growing segment of the global bentonite market is Sodium Bentonite due to its high demand in the market.

AMCOL International (US, Wyo-Ben Inc (US), MidPoint Chemicals Company (US), M-I SWACO (US), Volclay International (US), Kemira (Finland)

North America is the fastest-growing region for the bentonite market  

Increasing demand for high grade iron ore is the key opportunity in the global market. It will led to high adoption of the ore pelletizing process.

Table of Content

  1. Executive Summary
  2. Global Bentonite Market Introduction
    • Global Bentonite Market Taxonomy
    • Global Bentonite Market Definitions
      • Product Type
      • Application
  1. Global Bentonite Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Bentonite Market Dynamic Factors - Impact Analysis
    • Global Bentonite Market – Competition Landscape
  2. Global Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Bentonite Market, By Product Type, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Sodium Bentonite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Calcium Bentonite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Sulphur Bentonite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bentonite Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 2029
    • Foundry Sands
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cat Litter
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Construction
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Iron Ore Pelletizing
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Drilling Mud
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Refining
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Bentonite Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2023 2029
  2. North America Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Sodium Bentonite
      • Calcium Bentonite
      • Sulphur Bentonite
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Foundry Sands
      • Cat Litter
      • Construction
      • Iron Ore Pelletizing
      • Drilling Mud
      • Refining
      • Others
    • Country Analysis 2016 and Forecast 2023 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 2029
    • North America Bentonite Market Dynamics Trends
  3. Europe Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Sodium Bentonite
      • Calcium Bentonite
      • Sulphur Bentonite
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Foundry Sands
      • Cat Litter
      • Construction
      • Iron Ore Pelletizing
      • Drilling Mud
      • Refining
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Rest of Europe
    • Europe Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2023 2029
    • Europe Bentonite Market Dynamics Trends
  4. Asia-Pacific Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Sodium Bentonite
      • Calcium Bentonite
      • Sulphur Bentonite
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Foundry Sands
      • Cat Litter
      • Construction
      • Iron Ore Pelletizing
      • Drilling Mud
      • Refining
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Country,2023 2029
    • Asia-Pacific Bentonite Market Dynamics Trends
  5. Latin America Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Sodium Bentonite
      • Calcium Bentonite
      • Sulphur Bentonite
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Foundry Sands
      • Cat Litter
      • Construction
      • Iron Ore Pelletizing
      • Drilling Mud
      • Refining
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 2029
    • Latin America Bentonite Market Dynamics Trends
  6. Middle East and Africa Bentonite Market Analysis, 2018 - 2022 and Forecast, 2023 2029 (Revenue, USD Mn)
    • Product Type Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Sodium Bentonite
      • Calcium Bentonite
      • Sulphur Bentonite
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Foundry Sands
      • Cat Litter
      • Construction
      • Iron Ore Pelletizing
      • Drilling Mud
      • Refining
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Bentonite Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 2029
    • MEA Bentonite Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • 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)
      • Tolsa Group (Spain)
      • Amsyn Inc (US)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • 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)
  • Tolsa Group (Spain)
  • Amsyn Inc (US)

Adjacent Markets