Bentonite Market 2017-2022 | Overview By Leading Players - include M-I SWACO, Wyo-Ben Inc, AMCOL International, Volclay International, MidPoint Chemicals Company, Kemira, Amsyn Inc and Cimbar

Bentonite Market Overview:
Made from the alteration of volcanic ash, bentonite is primarily used in the greasing of cutting heads, removing drill cuttings and closing borehole walls. The increasing demand for bentonite in the application of oil well, cement and drilling fluid applications has pushed forward the market substantially. Across the market the application as a groundwater barrier has put the element on the global map. Used as a liquor clarifier, binder in steel and iron industry, as a cleanser in pharmaceuticals and in the rubber tires industry, bentonite’s growth has been phenomenal in the last few years with drilling mud being its largest market. There are two variants of bentonite available – sodium and calcium, with sodium taking over 60% of the total revenue inexpensive status and its sealing capacity.

Bentonite Market Size:
Bentonite Market was valued at USD 995 million in 2017 and estimated to reach USD 1110 million by 2022 growing at a CAGR of 2.65% during 2017 to 2022.

Browse More Details of the report and TOC @ https://www.researchcosmos.com/reports/bentonite-market-report-2017-global-industry-analysis-trends-and-market-overview/31232474

Bentonite Market Growth Factors, Drivers and Restraints:
New applications like being used in cosmetics and food processing has sprung up lately while owing to safe water acts, its usage in drilling mud is declining eventually. Growing concerns over environmental effect, of radioactive chemicals in water, the market for this purpose seems dicey. The market is fragmented and competitive and in order to meet the growing demands of the product, firms like Wyo-Ben Inc. acquired Sharewell HDD Drilling Products Thunderstorm’s line of cleaning and mud mixing system in Texas, while smaller firms are exiting the market owing to inability to compete with the product portfolio of bigger firms. Rapid urbanization, population rise, increasing disposable income and public infrastructure growth in emergent nations may accelerate growth of bentonite market.

Bentonite Market Geographical Overview:
Geographically, the market is segmented into North America, Latin America, Asia Pacific and Europe. The US dominated the North American market with 80% of the revenue on account of large exploration and drilling activities in the country. However, lately government regulations have become more stringent that is expected to eventually foster the leaders to focus on Latin America and Asia Pacific. The growth in Asia Pacific is supported by the growing urbanization, metallurgical, and oil and gas industries. Foundry sands were the largest application up till a few years back and held over 35% market share globally. The refining market for bentonite was over $55 million in 2016.

Avail Sample of the report @ https://www.researchcosmos.com/request/bentonite-market-report-2017-global-industry-analysis/31232474

Key Players of Bentonite Market:
Key players in the market are M-I SWACO, Wyo-Ben Inc, AMCOL International, Volclay International, MidPoint Chemicals Company, Kemira, Amsyn Inc, Cimbar and Charles B. Chrystal Co. Inc., etc.

Key Takeaways from this Report:
• For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
• Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
• Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
• Increase overall revenue by understanding the geographical impact on sales and distribution channels.
• Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
• Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
• Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

Inquire More about the report @ https://www.researchcosmos.com/inquire/bentonite-market-report-2017-global-industry-analysis/31232474

Client requirement being the initial priority, Research Cosmos offers the highest standard of market research, business intelligence and consulting services to almost every industry of the world. We integrate our portal with the content of publishing giants of the world to offer a humungous range of market reports that can serve the purposes of different customers, including the fortune listed companies. We provide both syndicated and customized reports, covering all the prominent aspects of different industries.

Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757

This release was published on openPR.