BENTONITE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2026 - 2033)

Bentonite Market , By Product Type (Sodium and Calcium and Others), By End Use Application (Drilling Fluids, Binder, Sealant, Absorbent/Adsorbent, Clarification Agent and Others), By End-use Industry (Oilfield, Foundry, Construction, Food, Pharmaceuticals and Others) , By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)

Published In: 21 Jan, 2026
Code: CMI2111
Page number: 132
Formats: Excel and PDF
Industry: Advanced Materials
- Historical Range : 2020 - 2024
- Base Year : 2025
- Estimated Year : 2026
- Forecast Period : 2026 - 2033

Bentonite is naturally occurring industrial rock, characterized by the property of absorbing water and capacity for Base Exchange. It is generated frequently from the alteration of volcanic ash, consisting predominantly of smectite minerals, usually montmorillonite. Bentonite is processed to give sodium and calcium montmorillonite, activated clays, and organo-clays all of which have different properties that can be applied in wide range of uses and applications. It has special properties such as hydration, swelling, water absorption, viscosity, and thixotropy. Different types of bentonite are each named after the respective dominant element such as potassium, sodium, calcium, and aluminum.

Market Dynamics

A major driver for growth of the global bentonite market is rising construction industry. Bentonite slurries are used in the construction of special foundations for digging diaphragm walls and bored piles. Governments of various countries are investing heavily on various construction activities. For instance, the government of Dubai announced awarding of 47 contracts valued at USD 4.3 billion in January 2017 for Dubai Expo 2020. Furthermore, budget for infrastructure increased by 46.5 % in 2018 as compared to 2017, accounting for 21% of the total government expenditure in Dubai due to Expo 2020.

However, rules and regulations on bentonite plugging and safe drinking water is expected to hamper the bentonite market growth. Accordng to Government of State of California, bentonite used for plugging must consist of sodium bentonite exhibiting a minimum specific gravity of 2.0 (dry)/1.5 (hydrated), a pH between 6 and 12, and a chemical makeup of around 63% SiO2, 21% Al2O3, and 16% others. Furthermore, use of additives with bentonite is not allowed.

Among end use industry, the oil and gas segment is projected to gain major traction over the forecast period, owing to growth of drilling fluid- and clarification agent application of bentonite in rising oil industry, especially in Asia Pacific and Middle East. According to ‘Analysis of Oil and Gas Industry in Asia’ paper in European Journal of Business and Management, demand for crude oil and natural gas in the Asian region had increased at a rate of 1.3% during 2000-2012.

Key features of the study

This report provides in-depth analysis of global bentonite market and provides market size (USD Mn ) and compound annual growth rate (CAGR %) for the forecast period (2026–2033), considering 2025 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global bentonite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Kemira OYJ, Mineral Technologies Inc., Clariant AG, Kunimine Industries Co., Ltd., Charles B Chrystal Co. Inc., Alfa Aesar, Kutch Minerals, Ashapura Group of Companies, Halliburton Co., Wyo-Ben, Inc., Polymer Drilling Systems (PDS) Co, Inc., and Black Hills Bentonite, LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global bentonite market report caters to various stakeholders in this industry including investors, suppliers, filament tapes manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global bentonite market

Market Segmentation

Product Type Insights (Revenue, USD Mn, 2026 - 2033)

Sodium
Calcium
Others

End Use Application Insights (Revenue, USD Mn, 2026 - 2033)

Drilling Fluids
Binder
Sealant
Absorbent/Adsorbent
Clarification Agent
Others

End-use Industry Insights (Revenue, USD Mn, 2026 - 2033)

Oilfield
Foundry
Construction
Food
Pharmaceuticals
Others

Regional Insights (Revenue, USD Mn, 2026 - 2033)

North America

U.S.
Canada

Latin America

Brazil
Argentina
Mexico
Rest of Latin America

Europe

Germany
U.K.
France
Italy
Russia
Rest of Europe

Asia Pacific

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific

Middle East

GCC
Israel
Rest of Middle East

Africa

North Africa
Central Africa
South Africa

Key Players Insights

Kemira OYJ
Mineral Technologies Inc.
Clariant AG
Kunimine Industries Co., Ltd.
Charles B Chrystal Co. Inc.
Alfa Aesar
Kutch Minerals
Ashapura Group of Companies
Halliburton Co.
Wyo-Ben, Inc.
Polymer Drilling Systems (PDS) Co, Inc.
Black Hills Bentonite, LLC

Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

Market Overview

Report Description

Market Definition and Scope

Executive Summary

Global Bentonite Market, By Product Type
Global Bentonite Market, By End Use Application
Global Bentonite Market, By End-use Industry
Global Bentonite Market, By Region

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

Global Bentonite Market, By Product Type, 2026-2033, (USD Mn)

Introduction

Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2021 - 2033
Segment Trends

Sodium

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Calcium

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Others

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Global Bentonite Market, By End Use Application, 2026-2033, (USD Mn)

Introduction

Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2021 - 2033
Segment Trends

Drilling Fluids

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Binder

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Sealant

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Absorbent/Adsorbent

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Clarification Agent

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Others

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Global Bentonite Market, By End-use Industry, 2026-2033, (USD Mn)

Introduction

Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2021 - 2033
Segment Trends

Oilfield

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Foundry

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Construction

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Food

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Pharmaceuticals

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Others

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2026-2033, (USD Mn)

Global Bentonite Market, By Region, 2026 - 2033, Value (USD Mn)

Introduction

Market Share (%) Analysis, 2026, 2028 & 2033, Value (USD Mn)
Market Y-o-Y Growth Analysis (%), 2021 - 2033, Value (USD Mn)
Regional Trends

North America

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

U.S.
Canada

Latin America

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

Brazil
Argentina
Mexico
Rest of Latin America

Europe

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe

Asia Pacific

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific

Middle East

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

GCC Countries
Israel
Rest of Middle East

Africa

Introduction
Market Size and Forecast, By Product Type, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End Use Application, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By End-use Industry, 2026 - 2033, Value (USD Mn)
Market Size and Forecast, By Country, 2026 - 2033, Value (USD Mn)

South Africa
North Africa
Central Africa

Competitive Landscape

Kemira OYJ

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Mineral Technologies Inc.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Clariant AG

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Kunimine Industries Co., Ltd.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Charles B Chrystal Co. Inc.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Alfa Aesar

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Kutch Minerals

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Ashapura Group of Companies

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Halliburton Co.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Wyo-Ben, Inc.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Polymer Drilling Systems (PDS) Co, Inc.

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Black Hills Bentonite, LLC

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

References and Research Methodology

References
Research Methodology
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