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Bentonite Market Expansion Continues, with Forecast Valuation of $17.12 Billion by 2029

08-20-2025 08:13 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Bentonite

Bentonite

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Bentonite Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the bentonite market has witnessed a substantial expansion in the past few years. It's anticipated to escalate from $10.05 billion in 2024 to about $11.44 billion in 2025, growing at a compound annual growth rate (CAGR) of 13.9%. This rise during the historical period is largely due to the expansion of the foundry and metal casting industry, its prevalent use in civil engineering and construction, oil and gas well drilling growth, adoption in agricultural and environmental applications, application in the paper and pulp industry, and extensive use in drilling fluids.

Bentonite Market Size Forecast: What's the Projected Valuation by 2029?
The bentonite market is projected to experience a significant expansion in the coming years, reaching $17.12 billion by 2029, courtesy of a compound annual growth rate (CAGR) of 10.6%. This surge during the forecast period can be linked to factors like the development of infrastructure in growing markets, escalating usage within the foundry sector, rising demand for pelletized fertilizers, enhancements in geosynthetic clay liners, and increased application in water treatment procedures. Notable trends in the forecast period consist of the development of innovative drilling fluid mixtures, an emphasis on environmentally friendly bentonite mining procedures, an uptick in bentonite-based nanocomposites, the extended use in the energy storage sector, and the digital transformation of supply chain and logistics.

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What Are the Drivers Transforming the Bentonite Market?
The Bentonite market's expansion is attributed to escalating sales in fast-growing nations like China and India, primarily due to increasing disposable income, coupled with higher credit demand and accessibility. The term 'disposable income' denotes the money left for an individual or household to save or spend after deducting income taxes. Industries such as chemical, rubber, insecticide & pesticide and civil construction heavily utilise Bentonite. For example, an Office of National Statistics article in 2023 reported a rise in disposable income inequality in the UK from 34.4% in the financial year ending (FYE) 2021 to 35.5% in FYE 2022. Hence, the growing disposable income is behind the Bentonite market's robust development.

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Which Segments in the Bentonite Market Offer the Most Profit Potential?
The bentonite market covered in this report is segmented -

1) By Type: Sodium, Calcium, and Other Types - Bentonite
2) By Mining Type: Underground Mining, Surface Mining

Subsegments:
1) By Sodium Bentonite: Gel-Type Sodium Bentonite, Granular Sodium Bentonite, Powdered Sodium Bentonite
2) By Calcium Bentonite: Gel-Type Calcium Bentonite, Granular Calcium Bentonite, Powdered Calcium Bentonite
3) By Other Types - Bentonite: Potassium Bentonite, Magnesium Bentonite, Activated Bentonite, Organophilic Bentonite

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Which Firms Dominate the Bentonite Market by Market Share and Revenue in 2025?
Major companies operating in the bentonite market include Wyo-Ben Inc., Huawei Bentonite, American Colloid Company, Ashapura Group of Companies, Cimbar Performance Minerals, Minerals Technologies Inc., Imerys S.A., Clariant International Ltd., Bentonite Performance Minerals LLC, Çanbensan Bentonite, NCC AB, Black Hills Bentonite, Kemira OYJ, Charles B Chrystal Co. Inc., Alfa Aesar, Kutch Minerals, Kunimine Industries Co. Ltd., MidPoint Chemicals Company, Amsyn Inc., Atharv Chemicals and Fertilizers Pvt Ltd, Triveni Chemicals, Kalpana Chemicals, Neelkanth Finechem LLP, Vitrag Chemicals Pvt Ltd, Fenghong New Material Co. Ltd., Taiko Group

Which Regions Offer the Highest Growth Potential in the Bentonite Market?
The countries covered in the bentonite market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

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