Global demand for bentonite is valued at US$ 2.1 billion in 2023 and is projected to grow at a steady CAGR of 5.2% over the next decade, reaching US$ 3.5 billion by 2033.

Bentonite is widely used in water purification and wastewater treatment due to its superior absorption and ion exchange capabilities, which effectively remove contaminants more sustainably than other methods. The rising emphasis on sustainability and stricter regulations surrounding wastewater treatment are further driving the adoption of granular bentonite and bentonite clay in these processes. These factors are expected to support continued growth in the bentonite market.

Country-wise Insights

Rising investments in expanding bentonite production capacity, along with government efforts to reduce reliance on bentonite imports, are expected to drive demand for bentonite in the United States. Additionally, increased oil and gas exploration, the presence of major natural sodium bentonite producers, and growing drilling activity will further support market growth.

In 2022, the U.S. accounted for about 80% of total bentonite sales in North America, a share it is expected to maintain throughout the forecast period. Bentonite-based products such as drilling mud and facial masks are anticipated to remain in high demand in the coming years.

Category-wise Insights

The bentonite market is segmented by product type into sodium and calcium bentonite.

Sodium bentonite, known for its superior expanding capacity compared to calcium bentonite, is widely used in foundry sands and the construction industry. The global rise in construction activities, increasing demand for foundry sands, and a growing emphasis on sustainability are key factors expected to drive bentonite sales in the coming decade.

Read More: https://www.factmr.com/report/4560/bentonite-market

Competitive Landscape

Leading bentonite manufacturers are focusing on expanding production capacity and increasing market share through collaborations, mergers, acquisitions, and partnerships.

• In January 2023, Bentoproduct, a Bosnian bentonite producer, launched a takeover offer for Nemetali, a local mining company. The offer, valid for 30 days, was approved by Bosnia and Herzegovina's Serb Republic’s securities commission.

Top bentonite companies are also expected to boost investments in R&D to accelerate product innovation and broaden the application of healing clay across various industries. Further details on new developments by key bentonite vendors and their impact on future pricing trends are explored in the latest Fact.MR analysis.

Key Segments of Bentonite Industry Research

• By Product Type :
  • Sodium
  • Calcium
• By Application :
  • Drilling Fluids
  • Binders
  • Sealants
  • Absorbents
  • Clarification Agents
  • Others
• By End-use Industry :
  • Oil
  • Foundry
  • Construction
  • Food
  • Pharmaceuticals
  • Others
• By Region :
  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com