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Attapulgite Market to Witness Robust Expansion by 2024– Top Key players like BASF (Engelhard),Oil-Dri,Geohellas,Inc.
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Attapulgite, which is also known as Palygorskite, is a magnesium aluminium phyllosilicate with the scientific formula (Mg,Al)2Si4O10 (OH)•4(H2O). The Attapulgite mineral naturally occurs in a type of clay soil and it is known as one of the types of fuller’s earth.
The No.1 player accounts for about 29.87 % of the revenue market. Regionally, United States is the biggest revenue market, also the leader in the whole Attapulgite industry.
United States occupied 32.68% of the sales market in 2017. It is followed by China and Europe which respectively accounted for around 25.60% and 20.03% of the global total industry. Other countries have a smaller amount of sales. Geographically, United States was the largest production market in the world, which took about 57.77% of the global production volume in 2017.
According to this study, over the next five years the Attapulgite market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 560 million by 2024, from US$ 490 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Attapulgite business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Active Minerals
BASF (Engelhard)
Oil-Dri
Geohellas
Js-mg
Ashapura Group
Cnhymc
Manek Minerals
Jiangsu Jiuchuan
Jiangsu Autobang
IL Better
Market Segment by Type, covers
Colloidal
Sorptive
Market Segment by Applications, can be divided into
Oil and Gas
Food and Pharmaceutical
Agriculture, forestry and animal husbandry
Chemical
Others
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Related Information:
North America Attapulgite Market Growth 2019-2024
United States Attapulgite Market Growth 2019-2024
Asia-Pacific Attapulgite Market Growth 2019-2024
Europe Attapulgite Market Growth 2019-2024
EMEA Attapulgite Market Growth 2019-2024
Global Attapulgite Market Growth 2019-2024
China Attapulgite Market Growth 2019-2024
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Huge amount of drilling activities owing to increasing oil & gas and construction industry will significantly influence the industry growth. Inertness towards high salinity makes the product highly desirable in offshore drilling process. With depleting petroleum level, drilling technologies are witnessing several advancements, which will likely boost the global attapulgite market in the coming years.
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