Market Overview:
The global bentonite mining market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bentonite from various applications such as foundry sands, iron ore pelletizing, cat litter, drilling mud, civil engineering and others. In terms of type, the sodium bentonite segment is expected to hold a major share in the global Bentonite Mining Market during the forecast period. Sodium bentonite is widely used in drilling muds and other industrial applications owing to its high swelling capacity and low plasticity index.
Product Definition:
Bentonite is a clay mineral formed from the weathering of volcanic ash. It is composed predominantly of montmorillonite, a type of smectite, and owes its name to the Henry Mountains in Utah where it was first described.
Sodium:
Sodium is a chemical element that exists in both metallic and non-metallic forms. The Sodium bentonite contains sodium carbonate, which is insoluble in water. It was first used as an anti-docking agent to prevent the ships from being swamped with water during transport.
Calcium:
Calcium is a mineral found in the earth's crust in two forms - free-flowing and bound. Free-flowing type is used for commercial applications whereas bound form is used as an ingredient in hydraulic cement, road aggregate, and other products. Calcium bentonite can be manufactured using both natural sources (calcium carbonate) and synthetic sources (calcium chloride).
Application Insights:
The iron ore pelletizing segment led the market and accounted for more than a 25% share of the global revenue in 2017. The product is used as an agent to improve soil fertility by increasing the available nutrients. It also has a high capacity to hold water, which makes it suitable for gardening applications. In addition, bentonite clay helps control acid rain through absorption of toxic metals such as aluminum, calcium, and copper from air pollution. These factors are projected to increase demand for iron ore pelletizing over the forecast period thereby driving industry growth during this period.
Bentonite cat litter is widely used across several industries including pet food manufacturing and mining due to its ability to absorb moisture.
Regional Analysis:
Asia Pacific dominated the global bentonite mining market in 2016, accounting for a share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from end-use industries such as construction, petrochemicals and drilling fluids. In addition, rising population coupled with rapid urbanization has led to increased consumption of construction materials such as cement and aggregates resulting in an increased demand for bentonite minerals.
The Middle East & Africa accounted for a significant share owing to growing oil & gas industry in countries including Saudi Arabia and UAE. Increasing exploration activities are anticipated to drive the regional product demand over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as construction, oil and gas, and others
- Rising awareness about the benefits of bentonite among consumers
- Technological advancements in the mining sector
- Growing investments by leading players in research and development activities
- Expansion of distribution channels across different regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Bentonite Mining Market Research Report
By Type
Sodium, Calcium, Others
By Application
Foundry Sands, Iron Ore Pelletizing, Cat Litter, Drilling Mud, Civil Engineering, Others
By Companies
Wyo-Ben, Huawei Bentonite, Amcol, Cimbar, M-I SWACO, MidPoint Chemicals Company, Kemira
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Bentonite Mining Market Report Segments:
The global Bentonite Mining market is segmented on the basis of:
Types
Sodium, Calcium, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foundry Sands, Iron Ore Pelletizing, Cat Litter, Drilling Mud, Civil Engineering, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wyo-Ben
- Huawei Bentonite
- Amcol
- Cimbar
- M-I SWACO
- MidPoint Chemicals Company
- Kemira
Highlights of The Bentonite Mining Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sodium
- Calcium
- Others
- By Application:
- Foundry Sands
- Iron Ore Pelletizing
- Cat Litter
- Drilling Mud
- Civil Engineering
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bentonite Mining Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bentonite mining is the process of extracting bentonite from a deposit. Bentonite is a clay-like material that can be used as an agricultural fertilizer or to improve soil quality.
Some of the major players in the bentonite mining market are Wyo-Ben, Huawei Bentonite, Amcol, Cimbar, M-I SWACO, MidPoint Chemicals Company, Kemira.
The bentonite mining market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bentonite Mining Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bentonite Mining Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bentonite Mining Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bentonite Mining Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bentonite Mining Market Size & Forecast, 2018-2028
4.5.1 Bentonite Mining Market Size and Y-o-Y Growth
4.5.2 Bentonite Mining Market Absolute $ Opportunity
Chapter 5 Global Bentonite Mining Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bentonite Mining Market Size Forecast by Type
5.2.1 Sodium
5.2.2 Calcium
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bentonite Mining Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bentonite Mining Market Size Forecast by Applications
6.2.1 Foundry Sands
6.2.2 Iron Ore Pelletizing
6.2.3 Cat Litter
6.2.4 Drilling Mud
6.2.5 Civil Engineering
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bentonite Mining Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bentonite Mining Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bentonite Mining Analysis and Forecast
9.1 Introduction
9.2 North America Bentonite Mining Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bentonite Mining Market Size Forecast by Type
9.6.1 Sodium
9.6.2 Calcium
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bentonite Mining Market Size Forecast by Applications
9.10.1 Foundry Sands
9.10.2 Iron Ore Pelletizing
9.10.3 Cat Litter
9.10.4 Drilling Mud
9.10.5 Civil Engineering
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bentonite Mining Analysis and Forecast
10.1 Introduction
10.2 Europe Bentonite Mining Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bentonite Mining Market Size Forecast by Type
10.6.1 Sodium
10.6.2 Calcium
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bentonite Mining Market Size Forecast by Applications
10.10.1 Foundry Sands
10.10.2 Iron Ore Pelletizing
10.10.3 Cat Litter
10.10.4 Drilling Mud
10.10.5 Civil Engineering
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bentonite Mining Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bentonite Mining Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bentonite Mining Market Size Forecast by Type
11.6.1 Sodium
11.6.2 Calcium
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bentonite Mining Market Size Forecast by Applications
11.10.1 Foundry Sands
11.10.2 Iron Ore Pelletizing
11.10.3 Cat Litter
11.10.4 Drilling Mud
11.10.5 Civil Engineering
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bentonite Mining Analysis and Forecast
12.1 Introduction
12.2 Latin America Bentonite Mining Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bentonite Mining Market Size Forecast by Type
12.6.1 Sodium
12.6.2 Calcium
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bentonite Mining Market Size Forecast by Applications
12.10.1 Foundry Sands
12.10.2 Iron Ore Pelletizing
12.10.3 Cat Litter
12.10.4 Drilling Mud
12.10.5 Civil Engineering
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bentonite Mining Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bentonite Mining Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bentonite Mining Market Size Forecast by Type
13.6.1 Sodium
13.6.2 Calcium
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bentonite Mining Market Size Forecast by Applications
13.10.1 Foundry Sands
13.10.2 Iron Ore Pelletizing
13.10.3 Cat Litter
13.10.4 Drilling Mud
13.10.5 Civil Engineering
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bentonite Mining Market: Competitive Dashboard
14.2 Global Bentonite Mining Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wyo-Ben
14.3.2 Huawei Bentonite
14.3.3 Amcol
14.3.4 Cimbar
14.3.5 M-I SWACO
14.3.6 MidPoint Chemicals Company
14.3.7 Kemira
