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Bentonite Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_16064 | Date : Jan, 2023 | Pages : 182 | Region : Global

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The name bentonite was first suggested in 1898 for clay hosted by the Benton Shale in Wyoming. It was initially described as clay formed by the alteration of volcanic ash, but the most widely used commercial definition is that bentonite is clay consisting essentially of smectite minerals (usually montmorillonite) regardless of occurrence or origin.

Most economic bentonite deposits are of Cretaceous age or younger and associated with marine shale and marl (Wyoming), calcareous sands and marls (Morocco), carbonaceous shales and coal (South Africa), sandstone and conglomerate (Australia), dacitic pyroclastics and tuffs (Milos), andesite (China) or rhyolite and obsidian/perlite (China and Mozambique).

United States is the largest producer and consumer, due to its rich reserves and strong demnd of bentonite. In North America, the market concentration in very high, most of bentonite is concentrated in Wyoming and developed by few manufacturers like Amcol, Bentonite Performance Minerals LLC (BPM), Wyo-Ben Inc, Black Hills Bentonite and Tolsa Group (acquired the assets of U.S. Bentonite in the end of 2014).
In Europe, Greece, Fracne, Italy, Slovakia, Netherlands, UK, Russia and Germany are the major producers, and the market is dominated by few players like Imerys (S&B), Clariant, Bentonite Company LLC (Russia), Laviosa Minerals SpA, LKAB Minerals and Tolsa Group etc.
In Asia-Pacific, the market concentration is low, the manufacturing bases are mainly distributed in China, India, Malaysia, Thailand and Indonesia, and the market is dominated by lots of small and medium-sized manufacturers, like Ashapura and Star Bentonite Group in India; Huawei Bentonite, Fenghong New Material, Chang'an Renheng, Liufangzi Bentonite and Ningcheng Tianyu in China; These manufacturers mainly supply the low-end products, low added-value, low price and fierce competition. In addition, the giants like Amcol, Imerys (S&B) and Clariant, have entered the Asia-Pacific market, through acquisition or joint venture.

The Global Bentonite Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Bentonite Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Amcol(US)
Bentonite Performance Minerals LLC(US)
Wyo-Ben Inc(US)
Black Hills Bentonite(US)
Tolsa Group (Spain)
Imerys (S&B) (France)
Clariant (Switzerland)
Bentonite Company LLC (Russia)
Laviosa Minerals SpA (Italy)
LKAB Minerals (Netherlands)
Ashapura (India)
Star Bentonite Group (India)
Kunimine Industries (Japan)
Huawei Bentonite (China)
Fenghong New Material (China)
Chang'an Renheng (China)
Liufangzi Bentonite (China)
Bentonit Uniao (Brazil)
Castiglioni Pes y Cia (Argentina)
Canbensan (Turkey)
Aydın Bentonit (Turkey)
KarBen (Turkey)
G & W Mineral Resources (South Africa)
Ningcheng Tianyu (China)

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Sodium Bentonite
Calcium Bentonite
In Market segmentation by applications :

Molding Sands
Iron Ore Pelletizing
Pet Litter
Drilling Mud
Civil Engineering
Agriculture
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bentonite Market for the forecast period 2023 - 2030?
• What are the driving forces in the Bentonite Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bentonite industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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