Bentonite Market – Global Forecast and Opportunity Analysis, 2018 – 2025

Bentonite Market - Global Industry Insight,
Trends, Outlook, and Opportunity Analysis 20182025
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REPORT DESCRIPTION
Bentonite Market Overview
Bentonite is naturally occurring industrial rock, characterized by the property of absorbing water and capacity for
Base Exchange. It is generated frequently from the alteration of volcanic ash, consisting predominantly of
smectite minerals, usually montmorillonite. Bentonite is processed to give sodium and calcium montmorillonite,
activated clays, and organo-clays all of which have different properties that can be applied in wide range of uses
and applications. It has special properties such as hydration, swelling, water absorption, viscosity, and thixotropy.
Different types of bentonite are each named after the respective dominant element such as potassium, sodium,
calcium, and aluminium.
Bentonite is used in foundry application in the preparation of molding sand for the production of iron, steel, and
non-ferrous casting as a bonding material. Production of high quality casting is possible because of bentonite’s
good flowability, compactability, and thermal stability. Bentonite is used for cat litter as it provides the advantage
of absorbing refuse by forming clumps (which can be easily removed) leaving the remaining product intact for
further use. It is used as a mud constituent for oil and water well drilling.
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REPORT DESCRIPTION
Bentonite Market : Taxonomy
On the basis of product type, global bentonite market is segmented into:
➢
➢
Sodium
Calcium
On the basis of application, global bentonite market is segmented into:
➢
➢
➢
➢
➢
➢
Drilling
Sealant
Adsorbent
Absorbent
Clarification agent
Others
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REPORT DESCRIPTION
Bentonite Market : Outlook
According to global bentonite market analysis by Coherent Market Insights, North America held the dominant
position in the market in 2017. This is owing to the rising demand for bentonite from the construction industry.
However, stringent regulations in the region North America that it may lose its share to Asia Pacific.
Among end use industry, the oil and gas segment is projected to gain major traction over the forecast period,
owing to growth of drilling fluid- and clarification agent application of bentonite in rising oil industry, especially
in Asia Pacific and Middle East. According to ‘Analysis of Oil and Gas Industry in Asia’ paper in European
Journal of Business and Management, demand for crude oil and natural gas in the Asian region had increased at a
rate of 1.3% during 2000-2012.
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The research report on Bentonite Market is segmented By Product Type, By Application, By End-use Industry, By Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025