Press release
Attapulgite Market Likely To Growth US$418.8 mn by 2020 At An CAGR Of 8.30%
Increase in drilling activities coupled with growing demand for cat litter absorbents in developed countries is expected to drive the global attapulgite market between 2014 and 2020. Attapulgite is a naturally occurring clay mineral that belongs to the fuller’s earth family of minerals. It is a crystalline hydrated magnesium aluminosilicate that consists of three-dimensional chain structures, which gives it unique sorptive and colloidal properties. Attapulgite offers high porosity and unique properties such as resistance to higher concentration of electrolytes and high surface area. It is employed in a wide range of applications in several end-use industries such as paints & coatings, oil & gas, cat litter absorbents, medical & pharmaceuticals, cosmetics, paper and chemical.
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This report provides a detailed view of the global attapulgite market, considering 2013 as the base year. It provides forecast for the global attapulgite market from 2014 to 2020. The report includes in-depth analysis of the global attapulgite market in terms of volume (Kilo Tons) and revenue (USD Million) from 2013 to 2020. It also comprises several tables and graphs that provide a detailed explanation of various facts and findings about the global attapulgite market. Various authenticated sources have been used to refine and provide a comprehensive and accurate research on the attapulgite market. Interviews with key industry leaders were conducted along with secondary research during the course of the study. Various governmental regulations and their effects on the attapulgite market were studied in detail.
The report also provides key drivers and restraints, and their impact on the global attapulgite market during the forecast period. It highlights new avenues for key industry participants in the attapulgite market. The report also helps understand business strategies of leading companies in the market. Furthermore, it provides market attractiveness analysis of various end-use industries to help understand the potential of attapulgite in the near future.
The study segments the attapulgite market based on products such as colloidal grade (gelling grade) and sorptive grade (non-colloidal sorbent grade) attapulgite. It also segments the market based on end-use industries such as cat litter absorbent, oil & gas, agriculture, paints & coatings, medical & pharmaceutical, and others. Each product and end-use industry is further studied based on the regional demand from 2013 to 2020. The report includes analysis of major geographical regions: North America, Europe, Asia Pacific and Rest of the World.
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The report uses analytical tools such as the Porter’s five forces model to provide a detailed view of the competition in the overall attapulgite market. Porter’s five forces model provides in-depth analysis of the impact of buyers, new entrants, suppliers, substitutes and degree of competition in the global attapulgite market. The report also includes value chain analysis, which provides information by studying the various components of the attapulgite market. Value chain analysis offers the degree of integration exhibited by the leading companies in the market. Major raw material manufacturers and suppliers are identified using this tool. Major supply agreements signed among companies are also mentioned in detail in the report. Value chain analysis provides information of the distribution channels employed by major players in the market.
The study includes profiles of major market participants such as Active Minerals International, LLC, BASF Corporation, Oil-Dri Corporation of America, MinTech International, Inc., Geohellas S.A., Gunjan Minerals Pvt. Ltd., Ashapura Group, KPL International Limited, Manek Minerals, Ashwa Minerals Private Limited and Gujarat Minechem. Company profiles comprise attributes such as company overview, financial overview, business strategies, SWOT analysis and recent developments. These could help companies formulate appropriate strategies to achieve competitive advantage and expand their market share.
The market has been segmented as below:
Attapulgite Market - Product Segment Analysis
Colloidal grade (gelling grade)
Sorptive grade (non-colloidal sorbent grade)
Attapulgite Market – End-use Industry Analysis
Cat litter absorbent
Oil & gas
Agriculture
Paints & coatings
Medical & pharmaceutical
Others (Including chemical, paper and cosmetics)
Attapulgite Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)
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Table of Contents
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope and assumptions
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global attapulgite market, 2013 – 2020 (Kilo Tons) (USD Million)
2.2 Global attapulgite market snapshot, 2013 and 2020
Chapter 3 Attapulgite – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market Drivers
3.3.1 Increase in drilling activities boosts the growth of attapulgite market
3.3.1.1 Global oil and gas rig counts, 2009 – 2014 (till September)
3.3.2 Growing demand for cat litter absorbent in developed countries fuels the growth of attapulgite market
3.3.2.1 Global cat litter absorbent industry revenue, 2013 – 2020 (USD Billion)
3.4 Restraints
3.4.1 Stringent mining regulations, especially in the U.S. are expected to hamper the overall growth of the market
3.5 Opportunities
3.5.1 Novel applications of attapulgite to open new avenues for attapulgite market
3.6 Porter’s Five Forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Market attractiveness analysis
3.7.1 Global attapulgite market attractiveness, by end-use industries
3.8 Company market share analysis
3.8.1 Global attapulgite market, company share analysis, 2013
3.8.2 Global key attapulgite production facilities, by region
Chapter 4 Attapulgite Market - Product Segment Analysis
4.1 Global attapulgite market volume share, by product, 2013 & 2020
4.2 Colloidal grade
4.2.1 Global colloidal grade attapulgite market, 2013 - 2020 (Kilo Tons) (USD Million)
4.3 Sorptive grade
4.3.1 Global sorptive grade attapulgite market, 2013 - 2020 (Kilo Tons) (USD Million)
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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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