Market Overview:
The global smectite clays market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for smectite clays from various applications such as water treatment, ceramics, construction, sealants, coatings and others. In terms of type, hectorite clay is expected to dominate the global smectite clays market during the forecast period owing to its high demand from various applications. However, bentonite clay is also anticipated to witness significant growth during the forecast period due to its growing demand from water treatment and construction applications. Geographically, North America is estimated to lead the global smectite clays market in 2018 followed by Europe and Asia Pacific respectively.
Product Definition:
Smectite clays are a type of clay that has a very high water content. They are used in many different applications, including as a soil amendment, in construction, and as an absorbent.
Hectorite Clay:
Hectorite clay is a natural mineral, which occurs as an alteration product of the basaltic rocks. It has high content of iron oxide and aluminum. The chemical formula for Hectorite clay is (Fe2O3-Al)2SiO8. It usually occurs in colorless or white powder form with some shades of grey and yellow colors due to presence of iron oxide particles.
Bentonite Clay:
Bentonite clay is a hydrated silica-aluminum oxide. It has high surface area, which makes it an excellent adsorbent for oils and other chemicals. Bentonite is used in the oil & gas industry as a separation medium between water and oil during drilling operations. The major application of bentonite clay is in the filtration of crude oil to produce gasoline additives, lubricants, and other products that require low viscosity at high purity levels.
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. The product is used as a filler in concrete and mortar to improve its strength and durability. It also acts as a moisture insulator, which helps in maintaining the structural stability of buildings over long periods of time. Furthermore, it is used to reduce permeability and carry groundwater through pipes within buildings on account of its high capillary action.
The water treatment application segment is expected to witness significant growth during the forecast period owing to rising demand from various industries including pharmaceuticals, food & beverages, textiles, pulp & paper manufacturing among others for effective cleaning operations without using harsh chemicals or solutions that may damage the environment or human health further downstream.
Ceramics was one of the leading applications where smectite clays were utilized along with other products such as talc and mica for improving surface glossiness.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to growing demand for water treatment and ceramics. Increasing construction spending coupled with rising environmental regulations regarding wastewater management is likely to drive the regional market over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing high product availability at low prices along with easy accessibility of raw materials, especially bentonite clay which are mined mainly from Bisleri (India) and Grasberg (Indonesia). Moreover, increasing ceramic production in countries such as India, China, Thailand and Vietnam coupled with growing end-use industries such as food & beverage processing will augment industry growth in Asia Pacific region during same period.
Growth Factors:
- Increasing demand from the construction industry for use in mortars, grouts, and other applications
- Growing popularity of smectite clays as a soil amendment to improve soil health and fertility
- Increased awareness of the benefits of smectite clays among consumers for personal care and wellness applications
- Rising demand from the pharmaceutical industry for use in drug delivery systems
- Growing research on potential new applications for smectite clays in areas such as water treatment, energy storage, and environmental remediation
Scope Of The Report
Report Attributes
Report Details
Report Title
Smectite Clays Market Research Report
By Type
Hectorite Clay, Bentonite Clay
By Application
Water Treatment, Ceramics, Construction, Sealants, Coatings
By Companies
Elementis, Clariant, Canbensan, Imerys, Ashapura Minechem, Minerals Technologies, Kunimine Industries, The Kish, LKAB Minerals, Bentonite Performance Minerals, Wyo-Ben, Bento Group Minerals, Black Hills Bentonite, G&W Mineral Resources, Weifang Huawei Bentonite Group, Zhejiang Fenghong New Material, Zhejiang Chang'An Renheng Technology
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Smectite Clays Market Report Segments:
The global Smectite Clays market is segmented on the basis of:
Types
Hectorite Clay, Bentonite Clay
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
Water Treatment, Ceramics, Construction, Sealants, Coatings
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:
- Elementis
- Clariant
- Canbensan
- Imerys
- Ashapura Minechem
- Minerals Technologies
- Kunimine Industries
- The Kish
- LKAB Minerals
- Bentonite Performance Minerals
- Wyo-Ben
- Bento Group Minerals
- Black Hills Bentonite
- G&W Mineral Resources
- Weifang Huawei Bentonite Group
- Zhejiang Fenghong New Material
- Zhejiang Chang'An Renheng Technology
Highlights of The Smectite Clays 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:
- Hectorite Clay
- Bentonite Clay
- By Application:
- Water Treatment
- Ceramics
- Construction
- Sealants
- Coatings
- 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 Smectite Clays 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.
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- Correctly Positioning New Products
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- Consumer Insights
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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?
Smectite clays are a type of clay that is composed of two different types of minerals: smectite and montmorillonite. The two minerals form an interlocking network that gives the clay its characteristic properties, including high water retention and resistance to erosion.
Some of the major players in the smectite clays market are Elementis, Clariant, Canbensan, Imerys, Ashapura Minechem, Minerals Technologies, Kunimine Industries, The Kish, LKAB Minerals, Bentonite Performance Minerals, Wyo-Ben, Bento Group Minerals, Black Hills Bentonite, G&W Mineral Resources, Weifang Huawei Bentonite Group, Zhejiang Fenghong New Material, Zhejiang Chang'An Renheng Technology.
The smectite clays market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smectite Clays Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smectite Clays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smectite Clays Market - Supply Chain
4.5. Global Smectite Clays Market Forecast
4.5.1. Smectite Clays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smectite Clays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smectite Clays Market Absolute $ Opportunity
5. Global Smectite Clays Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smectite Clays Market Size and Volume Forecast by Type
5.3.1. Hectorite Clay
5.3.2. Bentonite Clay
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smectite Clays Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smectite Clays Market Size and Volume Forecast by Application
6.3.1. Water Treatment
6.3.2. Ceramics
6.3.3. Construction
6.3.4. Sealants
6.3.5. Coatings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smectite Clays Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smectite Clays Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smectite Clays Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smectite Clays Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smectite Clays Demand Share Forecast, 2019-2026
9. North America Smectite Clays Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smectite Clays Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smectite Clays Market Size and Volume Forecast by Application
9.4.1. Water Treatment
9.4.2. Ceramics
9.4.3. Construction
9.4.4. Sealants
9.4.5. Coatings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smectite Clays Market Size and Volume Forecast by Type
9.7.1. Hectorite Clay
9.7.2. Bentonite Clay
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smectite Clays Demand Share Forecast, 2019-2026
10. Latin America Smectite Clays Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smectite Clays Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smectite Clays Market Size and Volume Forecast by Application
10.4.1. Water Treatment
10.4.2. Ceramics
10.4.3. Construction
10.4.4. Sealants
10.4.5. Coatings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smectite Clays Market Size and Volume Forecast by Type
10.7.1. Hectorite Clay
10.7.2. Bentonite Clay
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smectite Clays Demand Share Forecast, 2019-2026
11. Europe Smectite Clays Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smectite Clays Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smectite Clays Market Size and Volume Forecast by Application
11.4.1. Water Treatment
11.4.2. Ceramics
11.4.3. Construction
11.4.4. Sealants
11.4.5. Coatings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smectite Clays Market Size and Volume Forecast by Type
11.7.1. Hectorite Clay
11.7.2. Bentonite Clay
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1.By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smectite Clays Demand Share, 2019-2026
12. Asia Pacific Smectite Clays Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smectite Clays Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smectite Clays Market Size and Volume Forecast by Application
12.4.1. Water Treatment
12.4.2. Ceramics
12.4.3. Construction
12.4.4. Sealants
12.4.5. Coatings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smectite Clays Market Size and Volume Forecast by Type
12.7.1. Hectorite Clay
12.7.2. Bentonite Clay
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smectite Clays Demand Share, 2019-2026
13. Middle East & Africa Smectite Clays Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smectite Clays Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smectite Clays Market Size and Volume Forecast by Application
13.4.1. Water Treatment
13.4.2. Ceramics
13.4.3. Construction
13.4.4. Sealants
13.4.5. Coatings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smectite Clays Market Size and Volume Forecast by Type
13.7.1. Hectorite Clay
13.7.2. Bentonite Clay
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smectite Clays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smectite Clays Market: Market Share Analysis
14.2. Smectite Clays Distributors and Customers
14.3. Smectite Clays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elementis
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Clariant
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Canbensan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Imerys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ashapura Minechem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Minerals Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kunimine Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Kish
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LKAB Minerals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bentonite Performance Minerals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wyo-Ben
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bento Group Minerals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Black Hills Bentonite
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. G&W Mineral Resources
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Weifang Huawei Bentonite Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zhejiang Fenghong New Material
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zhejiang Chang'An Renheng Technology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
