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Global Bentonite Market was valued at US$ 1.42 Bn in 2015 and is projected to reach US$ 1.85 Bn by 2024 at a CAGR of 3.0% from 2016 to 2024.
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Transparency Market Research Bentonite Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024 123 Page Report Published Date 20-April-2017 Request Sample Buy Now Press Release Global Bentonite Market: Sodium Bentonite to Surface as Most- valued Product, TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Bentonite Market REPORT DESCRIPTION Bentonite Market (Product - Sodium Bentonite and Calcium Bentonite; Application - Drilling Mud, Iron Ore Pelletizing, Foundry Sands, Pet Products, Construction, Paper, Cosmetics, and Pharmaceuticals) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 With a few dominant players, the global market for bentonite demonstrates a slightly consolidated competitive landscape, states a new research study by Transparency Market Research (TMR). The top four players in this market, namely, Minerals Technologies Inc., Imerys SA, Clariant AG, and Ashapura Group, held more than 75% of the overall market in 2015. Currently, the key players are aggressively focusing on the expansion of their capacity due to the soaring demand for bentonite across the world. As the demand is higher than supply, the market witnesses a high degree of competition within it. Over the coming years, these companies are likely to make strategic acquisitions in order to raise their share in the regional as well as the global market, reports the research study. As per TMR’s estimations, the opportunity in the global bentonite market is likely to increase at a CAGR of 3.0% over the period from 2016 to 2024, rising from US$1.42 bn in 2015to a value of US$1.85 bn by the end of the forecast period. Sodium bentonite has been the most valued product in this market. Researchers anticipate it to remain so over the next few years on the account of the rising preference for green sand casting process in the foundry. Obtain Report Details @ http://www.transparencymarketresearch.com/bentonite-market.html 2 Transparency Market Research
Bentonite Market Demand for Bentonite to Remain Strong from Foundry Sands According to the research report, bentonite is mainly utilized in drilling mud, iron ore pelletizing, construction, foundry sands, pet products, cosmetic, paper, and pharmaceutical products across the world. Foundry sands have been registering a higher demand for bentonite compered to other application segments. Thanks to the constant rise in the automotive and the machinery industries, the segments is likely to remain the key application area of bentonite throughout the forthcoming years. A geographical analysis of the global bentonite market has also been presented in this market study. As per the report, North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe are the key regions where the market for bentonite has a presence. Among these, Asia Pacific has emerged as the leading contributor to this market and is expected to remain so over the forecast period. In 2015, it held a share of 30% in the global market, marking its dominance. With the soaring demand for bentonite in the construction industry, the Asia Pacific market for bentonite is anticipated to continue growing at a significant pace over the next few years. Apart from this, the developments in the metal industry is also projected to reflect positively on the Asia Pacific market for bentonite in the near future. China, being the most prominent consumer of bentonite across the world, is poised to surface as the leading domestic market for bentonite in Asia Pacific, states the research report. Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag= S&rep_id=1794 Expansion in Construction Industry to Boost Market’s Growth “The expansion in the construction industry has influenced the global bentonite market remarkably,” says the author of this study. With the rising demand for smart infrastructure and the increasing infrastructure expenditure in emerging economies, the construction industry across the world has been registering a significant rise. Bentonite, being one of the key raw materials used in construction, has gained significant impetus in its demand due to this since the last few years 3 Transparency Market Research
Bentonite Market The scenario is anticipated to remain so over the forecast period, impacting the worldwide bentonite market greatly. The continued demand for iron casting from the automotive and the heavy equipment manufacturing industries and the rise in the cosmetics and personal care industry are also projected to boost this market substantially over the next few years. However, the decline in the demand for IOP grade bentonite in China and the Sluggish growth of the oil and gas industry may hamper the market’s progress in the years to come, states the report. Xanthan gum produced in Austria and China are of inferior quality and are sold at cheaper prices than in the international market. This paved way for an anti-dumping duty on its imports to the U.S., which subsequently led to a decline in the prices of Asian xanthan gum due to oversupply in the rest of the international market. The declining prices are adversely affecting the overall revenue generation of the global market. In addition, the quality concerns over Asian xanthan gum are limiting their widespread adoption. However, the growing preference for gluten-free bakery products is likely to act as a light at the end of the tunnel for xanthan gum manufacturers over the coming years. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/bentonite-market.htm TABLE OF CONTENT 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Bentonite Market Size, By Market Value (US$ Mn) and Market Volume (Kilo Tons) 4 Transparency Market Research
Bentonite Market Share, By Region 3.2. Key Trends 4. Market Overview 4.1. Product Overview 4.2. Key Industry Developments 4.3. Market Indicators 4.4. Drivers and Restraints Snapshot Analysis 4.4.1. Drivers 4.4.1.1. Growing Construction Industry 4.4.1.2. Constant demand for iron casting from automotive and heavy equipment manufacturing industries 4.4.1.3. Growth of the cosmetics & personal care industry 4.4.2. Restraints 4.4.2.1. Reduced demand for IOP grade bentonite in China 4.4.2.2. Sluggish growth of the oil & gas industry 4.4.3. Opportunities 4.5. Value Chain Analysis 4.6. Porter’s Analysis 4.7. Market Tendency 5. Global Bentonite Market Analysis and Forecasts, By Product 5.1. Key Findings 5.2. Introduction 5.3. Market Size (Kilo Tons) (Us$ Mn) Forecast By Product 5.4. Bentonite Market Forecast By Product 5.5. Bentonite Market Attractiveness Analysis by Product 5.6. Application Comparison Matrix 6. Global Bentonite Market Analysis and Forecasts, By Application 6.1. Key Findings 6.2. Introduction 6.3. Market Size (Kilo Tons) Forecast by Application 6.4. Market Size (Us$ Mn) Forecast By Application 6.5. Bentonite Market Attractiveness Analysis by Application 7. Bentonite Market Analysis by Region 7.1. Global Regulatory Scenario 7.2. Market Size (Kilo Tons) (Us$ Mn) Forecast By Region 7.3. Bentonite Market Attractiveness Analysis, By Region Type 8. North America Bentonite Market Analysis 8.1. Key Findings 8.2. North America Bentonite Market Overview 5 Transparency Market Research
Bentonite Market 8.3. North America Market Value Share Analysis, By Product 8.4. North America Market Forecast by Product 8.5. North America Market Value Share Analysis, By Application 8.6. North America Market Forecast by Application Type 8.7. North America Market Value Share Analysis, By Country 8.8. North America Market Forecast by Country 8.9. North America Market Attractiveness Analysis 9. Europe Bentonite Market Analysis 9.1. Key Findings 9.2. Europe Bentonite Market Overview 9.3. Europe Market Value Share Analysis, By Product 9.4. Europe Market Forecast by Product 9.5. Europe Market Value Share Analysis, By Application 9.6. Europe Market Forecast by Application Type 9.7. Europe Market Value Share Analysis, By Country 9.8. Europe Market Forecast by Country 9.9. Europe Market Attractiveness Analysis 10. Asia Pacific Bentonite Market Analysis 10.1. Key Findings 10.22. Asia Pacific Bentonite Market Overview 10.3. Asia Pacific Market Value Share Analysis, By Product 10.4. Asia Pacific Market Forecast by Product 10.5. Asia Pacific Market Value Share Analysis, By Application 10.6. Asia Pacific Market Forecast by Application Type 10.7. Asia Pacific Market Value Share Analysis, By Country 10.8. Asia Pacific Market Forecast by Country 10.9. Asia Pacific Market Attractiveness Analysis 11. Middle East and Africa (Mea) Bentonite Market Analysis 11.1. Key Findings 11.2. Middle East and Africa Bentonite Market Overview 11.3. Middle East and Africa Market Value Share Analysis, By Product 11.4. Middle East and Africa Market Forecast by Product 11.5. Middle East and Africa Market Value Share Analysis, By Application 11.6. Middle East and Africa Market Forecast by Application Type 11.7. Middle East and Africa Market Value Share Analysis, By Country 11.8. Middle East and Africa Market Forecast by Country 11.9. Middle East and Africa Market Attractiveness Analysis 12. Latin America Bentonite Market Analysis 12.1. Key Findings 6 Transparency Market Research
Bentonite Market 12.2. Latin America Bentonite Market Overview 12.3. Latin America Market Value Share Analysis, By Product 12.4. Latin America Market Forecast by Product 12.5. Latin America Market Value Share Analysis, By Application 12.6. Latin America Market Forecast by Application Type 12.7. Latin America Market Value Share Analysis, By Country 12.8. Latin America Market Forecast by Country 12.9. Latin America Market Attractiveness Analysis Browse All ChemicalsMarket Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Us Transparency Market Research 90 State Street, Suite 700, Albany, NY – 12207 United States Tel: +1-518-618-1030 , USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog: http://marketresearchreports2017.blogspot.in 7 Transparency Market Research