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BEIJING, Oct. 20, 2022 (GLOBE NEWSWIRE) — The Global Bentonite Market Size accounted for USD 1,796 Million in 2021 and is estimated to achieve a market size of USD 3,592 Million by 2030 growing at a CAGR of 8.2% from 2022 to 2030.
Bentonite Market Statistics
- Global bentonite market revenue was worth USD 1,796 million in 2021, with a 8.2% CAGR from 2022 to 2030
- North America region was accounted 34% of bentonite market share in 2021
- Asia-Pacific market is expected to grow at a CAGR of 9% from 2022 to 2030
- Based on product type, sodium capture over 60.2% of the overall market share in 2021
- Increasing use in the construction industry, drives the bentonite market value
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Bentonite Market Report Coverage:
Market | Bentonite Market | |
Bentonite Market Size 2021 | USD 1,796 Million | |
Bentonite Market Forecast 2030 | USD 3,592 Million | |
Bentonite Market CAGR During 2022 – 2030 | 8.2% | |
Bentonite Market Analysis Period | 2018 – 2030 | |
Bentonite Market Base Year | 2021 | |
Bentonite Market Forecast Data | 2022 – 2030 | |
Segments Covered | By Product Type, By Application, And By Geography | |
Bentonite Market Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa | |
Key Companies Profiled | Minerals Technologies Inc., Imerys S.A., Clariant International Ltd, Ashapura Group, Bentonite Performance Minerals, LLC (BPM), American Colloid Company, Çanbensan Bentonite, and NCC. | |
Report Coverage | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Bentonite Market Overview
Bentonite has the ability to be employed as an excellent absorbent in the treatment of wastewater due to its low price and ecologically acceptable qualities. When compared to other minerals researched in connection to the adsorption/desorption processes, bentonite gives more stability after some adjustments. Furthermore, bentonite is an excellent adsorbent for the elimination of a wide range…
Read on GNW: Bentonite Market Size is expected to reach at USD 3,592