Global Bentonite Market: Overview:
Bentonite also referred as montmorillonite is one of the most popular clays. Bentonite is absorbent clay and usually refined from volcanic ash. Its high absorbency property makes it useful substance in industrial application. Bentonite is available in wet clay, gel, and powder form. It is used in natural medicines and physicians recommend medicine with bentonite to people with high blood pressure and iron deficiency.
Growing demand for end use applications such as rubber tires in automotive industry and cleansers in pharmaceuticals is estimated to drive the bentonite market over the forecast period. Growing popularity of bentonite among end-use industries such as food, cosmetics, automotive due to its superior binding ability is anticipated to boost the demand for bentonite over the forecast period. Stringent regulations by US government on chemical additives that are used with bentonite in drilling is expected to restrain the growth of bentonite market.
Global Bentonite Market: Growth Factors:
Sodium bentonite and calcium bentonite are widely used in drilling mud. Sodium bentonite is expected to be the largest product segment in global bentonite market. It is inexpensive material, easy to install, and its long durability properties are expected to boost the demand for sodium bentonite over the forecast.
Drilling mud is expected to be the largest application segment in global bentonite market. Increasing demand for iron ore in steel manufacturing is estimated to have a positive impact on the bentonite market over the forecast period. Foundry sand is estimated to be one of the major application segment. Increasing demand for bentonite in foundry molds for metal casting of engine blocks, brake drums, cast iron pans, manhole covers, and brass water fitting is anticipated to have a positive impact on the global bentonite market over the forecast period.
Request for Free Sample Report @
Global Bentonite Market: Segmentation:
Global Bentonite Market Segmentation, By Product:
Global Bentonite Market Segmentation, By Application:
Global Bentonite Market: Regional Analysis:
The Asia Pacific is expected to be the largest regional market. Growing construction and metal industry are expected to fuel the demand for bentonite in the region. China is expected to the major consumer of bentonite in the region. Europe is expected to be one of the major regions, owing to rise in green sand casting process which is expected to drive the bentonite market in Europe.
Inquiry Before Buying @
Global Bentonite Market: Regional Segment Analysis:
Middle East & Africa
What Report Provides:
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Assessment of niche business developments
Market share analysis
Key ways of major players
Emerging segments and regional markets