Bentonite Market: Key Drivers and Segmentation

Growth Drivers and Market Forecast for 2021-2025

The Global Bentonite Market is projected to grow by $ 401.92 mn, accelerating at a CAGR of over 4.86% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. 


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Bentonite Market: What are the factors that will drive market growth?

Technavio has identified  Growing focus towards pet humanization and animal hygiene practices as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Bentonite Market Size to Grow by $ 401.92 mn During 2021-2025

Bentonite Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Product (Sodium bentonite, Calcium bentonite, and Others), Application (Foundry sands, Iron ore pelletizing, Pet litter, Drilling mud, and Others), and Geography (APAC, North America, Europe, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report

Bentonite Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. CIMBAR Performance Minerals, Clariant International Ltd., EP Minerals LLC, Halliburton Co., Imerys, KUNIMINE INDUSTRIES Co. Ltd., LKAB Minerals AB, Minerals Technologies Inc., Mitsubishi Corp., and Wyo-Ben Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 4.86%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 401.92 mn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growing focus towards pet humanization and animal hygiene practices will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    38% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are CIMBAR Performance Minerals, Clariant International Ltd., EP Minerals LLC, Halliburton Co., Imerys, KUNIMINE INDUSTRIES Co. Ltd., LKAB Minerals AB, Minerals Technologies Inc., Mitsubishi Corp., and Wyo-Ben Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Sodium bentonite, Calcium bentonite, and Others), Application (Foundry sands, Iron ore pelletizing, Pet litter, Drilling mud, and Others), and Geography (APAC, North America, Europe, South America, and MEA)

Bentonite Market Size to Grow by 2.75 mn MT through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the bentonite market and it is expected to grow by 2.75 mn MT, accelerating at a CAGR of almost 2% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Bentonite Market: Emerging Trends to Impact Market Growth

Horizontal drilling: an innovation in oil and gas extraction to emerge as a key trend in the industrial bentonite market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Top Drivers for Bentonite Market Size to Grow by $ 401.92 mn During 2021-2025

Bentonite Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASHAPURA MINECHEM Ltd., CIMBAR Performance Minerals, Clariant International Ltd., EP Minerals LLC, Halliburton Co., Imerys SA, KUNIMINE INDUSTRIES Co. Ltd., Luossavaara-Kiirunavaara AB, Minerals Technologies Inc., and Wyo-Ben Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

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