Bentonite Market – By Product Type (Sodium and Calcium), By Application (Drilling, Sealant, Adsorbent, Absorbent, Clarification Agent, and Others ), By End-use Industry (Oil and Gas, Construction, Foundry, Pharmaceuticals, and Others), By Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

  • To Be Published : Nov 2018 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

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 aluminium.

Bentonite is used in foundry application in the preparation of molding sand for the production of iron, steel, and non-ferrous casting as a bonding material. Production of high quality casting is possible because of bentonite’s good flowability, compactability, and thermal stability. Bentonite is used for cat litter as it provides the advantage of absorbing refuse by forming clumps (which can be easily removed) leaving the remaining product intact for further use. It is used as a mud constituent for oil and water well drilling.

Bentonite is used as a filler in pharmaceuticals due to its absorption/adsorption functions. It allows paste formation and its applications include industrial protective creams, wet compresses, calamine lotion, and antiirritants for eczema. In medicine, bentonite is used as an antidote in heavy metal poisoning. Personal care products such as mud packs, sunburn paint, baby and facepowders, and face creams may all contain bentonite. Bentonites are used for decolorizing various mineral, vegetable, and animal oils. They are also used for clarifying wine, liquor, cider, beer, mead, and vinegar owing to its adsorption properties.

In 2015, the global bentonite production was estimated at 16 million tons by the United States Geological Survey (USGS).

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 US$ 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.

Market Outlook

  • According to global bentonite market analysis by Coherent Market Insights, North America held the dominant position in the market in 2017. This is owing to the rising demand for bentonite from the construction industry. However, stringent regulations in the region North America that it may lose its share to Asia Pacific.
  • 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 players in Global Bentonite Market

  • Key players operating in the global bentonite market include Charles B Chrystal Co. Inc., Shashi Minerals, Black Hills Bentonite, LLC, Daroukesht Khaver Maineh, Zhejiang Sanding Technology Co. Pvt. Ltd., Kunimine Industries Co. Ltd., Aroma Chimie, ABG Bentonite Mining Company, All Star, Kutch Minerals, ETEC, LKAB Minerals B.V., Xatico Benelux-France, Mineral Technologies Inc., CMMP, Tinas Medencilik, Terradrill Fluids Ltd., Wyo- Ben Inc., Bento Group Minerals, Clariant AG, and Albir A.S.
  • Players in the market are focusing on inorganic growth strategies in order to enhance their market share. For instance, AMCOL International was acquired by Minerals Technologies Inc. in 2014 and was the leading producer, accounting for an estimated of over 15% of global bentonite production, most of which is produced in the U.S. in Wyoming (Colony and Lovell) and Alabama (Sandy Ridge).

Market Taxonomy

On the basis of product type, global bentonite market is segmented into:

  • Sodium
  • Calcium

On the basis of application, global bentonite market is segmented into:

  • Drilling
  • Sealant
  • Adsorbent
  • Absorbent
  • Clarification agent
  • Others

On the basis of end-use industry, global bentonite market is segmented into:

  • Oil and Gas
  • Construction
  • Foundry
  • Pharmaceuticals
  • Others

On the basis of region global bentonite market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.