The increase in foundry and metal casting application in conjunction with the growing automotive and oil & gas industry is expected to drive growth in the market.
Market Size – USD 1.32 Billion in 2018, Market Growth – CAGR of 6.1%, Market Trends –Increasing demand for bentonite from the oil & gas industry as an additive for drilling mud
The Bentonite Market is forecasted to grow from USD 1.32 Billion in 2018 to USD 2.16 Billion by 2026, at a CAGR of 6.1%, during the forecast period. The market is primarily driven by the increasing demand for bentonite from the oil and gas industry as an additive for drilling mud. Increase in oil and gas drilling activities in combination with increasing application in geosynthetic clay liners and the medical industry are expected to drive the market during the forecast period.
Increasing infrastructural growth in China, India, Japan and Malaysia is predicted to boost the construction industry as a result of increased public spending and thus accelerate the size of the market. The increase in environmental concerns about wastewater treatment due to high toxic and radioactive chemicals is expected to promote growth for bentonite. Wastewaters generally have a high demand for chemical oxygen, which causes risk of mortality for aquatic animals and imparts unwanted odor and dirt.
Get the sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1249
Some of the players profiled in the report are AMCOL International (US), Wyo-Ben Inc (US), MidPoint Chemicals Company (US), M-I SWACO (US), Volclay International (US), Kemira (Finland), Alfa Aesar (US), Charles B. Chrystal Co. Inc. (US), Cimbar (US), and Amsyn Inc (US).
Further key findings from the report suggest
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1249
The Global Bentonite Market is segmented as follows:
Type Outlook (Kilo Tons) (Revenue, USD Million; 2017-2027)
Application Outlook (Kilo Tons) (Revenue, USD Million; 2017-2027)
End-User Outlook (Kilo Tons) (Revenue, USD Million; 2017-2027)
Market Segmentation by Regions:
Key Point Summary of the Report:
The global Bentonite market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.
Access complete report description, toc, chart, etc.@ https://www.reportsanddata.com/report-detail/bentonite-market
Key Coverage of the Bentonite Market:
Global Bentonite Market: Table of Contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Bentonite Market Segmentation & Impact Analysis
Thank you for reading our report. To inquire about customization or any queries about the report, please get in touch with us. Our team will make sure the report is best suited to your needs.
Have a Look at Related Reports:
Technical Textile Market Share
Contract Research Outsourcing Market Size & Trends
Zero-Emission Mobility Market Analysis
Palbociclib Market Business Opportunities
Bloodstream Infection Testing Market Demand
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.