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Bentonite Market size 2019:2024 - By Regional Industry, Growth, Product Analysis And Statistics, Forecast Report
Bentonite Market
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Increasing pet ownership in Germany, UK and France on account of reducing community involvement and the breakdown of conventional social support systems has led to growing demand for pet litter products thereby stimulating bentonite market growth. Moreover, the product eliminates undesirable odors by allowing regular removal of urine & feces along with providing cost-efficiency as compared to its conventional clay litter counterparts owing to its longer shelf life which may further boost bentonite market growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Pacific Bentonite Ltd.
2. Minerals Technologies Inc.
3. Delmon Co. Ltd.
4. CETCO ENERGY SERVICES
5. Halliburton
6. Black Hills Bentonite
7. Wyo-Ben, Inc.
8. ASHAPURA MINECHEM LTD
9. Midpoint Chemicals Company
10. Cimbar Performance Minerals, Inc.
11. Bentonite Performance Minerals LLC
12. LKAB Minerals
13. Kutch Minerals - India
14. Clariant
15. American Colloid Co
Rise in offshore drilling activities in the U.S. to satisfy rising oil & petrochemical demand and deal with exhausting onshore petroleum reserves may promote growth of bentonite market size. The product increases hydrostatic pressure in the borehole thus preventing the ingress of gas & fluid and increasing stability. It also cools and lubricates the drill bit, protecting it from corrosion and keeping the cuttings in suspension thereby preventing the formation of sludge at the borehole bottom which is further predicted to stimulate market growth.
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North America led by the Mexico, Canada, and the U.S. calcium bentonite market may witness gains of about 5% by 2024. This product offers healing, detoxifying and curative properties which increases its suitability for cosmetics and natural healthcare products. It enhances the immune system and reduces the possibility of infections by eliminating toxins which may enter the body via unhealthy food, paints and pesticides, thereby creating growth opportunities for bentonite market.
Europe sodium bentonite market demand from foundry sands applications led by UK, Germany, France and Spain may surpass USD 50 million in the forecasted period. This product possess high swell capacities & viscosity thereby making it ideal for green sand formulations used in iron & steel casting industry. The product serves as the glue which holds various particles of foundry sand together and provides high strength in less preparation time which may promote growth of bentonite market.
Table Of Content For This Research Report:
Chapter 3 Bentonite Industry Insights
3.1 Industry segmentation
3.2 Bentonite market landscape, 2013-2024
3.3 Bentonite market ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/partnerships
3.3.2.2 Distributors
3.4 Raw material analysis
3.5 Regulatory landscape
3.5.1 North America
3.5.2 Europe
3.6 Technology landscape
3.7 Pricing analysis
3.7.1 Sodium bentonite
3.7.2 Calcium bentonite
3.7.3 Sulphur bentonite
3.7.4 Other bentonite
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 North America: Growing demand from the drilling industry
3.8.1.2 Europe: increasing pet litter applications demand
3.8.1.3 Asia Pacific
3.8.1.3.1 Rising iron ore pellets demand in the steel industry
3.8.1.3.2 High demand for bentonite from construction sector
3.8.2 Industry pitfalls & challenges
3.8.2.1 Increasing awareness of adverse environmental impacts
3.9 Growth potential analysis, 2017
3.9.1 Emerging business model
3.9.1.1 Joint Venture
3.9.1.2 Acquisition
3.10 Porter’s analysis
3.11 Competitive landscape, 2017
3.11.1 Strategy dashboard
3.12 PESTEL analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/bentonite-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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