Press release
Global Bentonite Market Grow at a CAGR of 2.09% during the period 2017-2021
Market Research Report
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Bentonite is a sedimentary deposit; it is volcanic in origin and contains more than 50% montmorillonite. Bentonite is surface mined, dried, crushed, and sent through grinding mills to be sized based on customer requirements. Processed bentonite can also be chemically modified. Bentonite has a unique chemical structure that enables it to act as a sealant, binder, thickener, lubricant and absorption agent. Primarily, there are two types of natural bentonite: calcium and sodium.
Technavios analysts forecast the global bentonite market to grow at a CAGR of 2.09% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global bentonite market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of bentonite in the global market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Key vendors
• Ashapura
• Cimbar Performance Minerals
• IMERYS
• Mineral Technologies
• Wyo-Ben
• American Bentonite International (ABI)
• Bentonite Performance Minerals
• HI-TECH MINERALS & CHEMICALS
• Kutch Minerals
• MidPoint Chemicals Company
Market driver
• Horizontal drilling: An innovation in oil and gas extraction
• For a full, detailed list, view our report
Market challenge
• Competition from organic binders
• For a full, detailed list, view our report
Market trend
• Organically modified bentonites: Increased use in geosynthetic clay liner system
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Summary
The Bentonite Market is expanding at a significant rate owing to the growing requirements for Bentonite and surge in demand. The report contains a detailed market and vendor landscape, as well as a SWOT analysis of the key vendors operating in this market.
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