Latin America Bentonite Market Size & Outlook, 2024-2030
- Metals & Mining
- Metals, Mining & Minerals
- Bentonite Market Outlook
- Metals, Mining & Minerals
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Latin America bentonite market highlights
- The Latin America bentonite market generated a revenue of USD 165.9 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, sodium bentonite was the largest revenue generating product in 2023.
- Calcium Bentonite is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 165.9 million |
| Market revenue in 2030 | USD 242.6 million |
| Growth rate | 5.8% (CAGR from 2024 to 2030) |
| Largest segment | Sodium bentonite |
| Fastest growing segment | Calcium Bentonite |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sodium Bentonite, Calcium Bentonite, Other Products |
| Key market players worldwide | Ashapura Group, Bentonite Performance Minerals, Black Hills Bentonite, Cimbar Performance Minerals, Clariant AG, Imerys, Kunimine Industries, Minerals Technologies Inc, Wyo-Ben |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.8% of the global bentonite market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,236.4 million by 2030.
Latin America is one of the fastest growing regions in the world. With rapid industrialization and technological advancements, there is a shift in consumer lifestyle. Moreover, consumers have become more aware regarding various uses of bentonite clay.
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Publish Date: Jun 24, 2024
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Bentonite Market Scope
Bentonite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Minerals Technologies Inc | View profile | 4,027 | 622 Third Avenue, 38th Floor, New York, NY, United States, 10017-6707 | www.mineralstech.com |
| Clariant AG | View profile | 10,481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | www.clariant.com |
| Imerys | View profile | 13,909 | 43 quai de Grenelle, Paris, France, 75015 | www.imerys.com |
| Ashapura Group | View profile | - | Mumbai, Maharashtra, India, Asia | ashapurabentonite.com |
| Cimbar Performance Minerals | View profile | 51-100 | Chatsworth, Georgia, United States, North America | www.cimbar.com/ |
| Bentonite Performance Minerals | View profile | 101-250 | Houston, Texas, United States, North America | www.bentonite.com |
| Black Hills Bentonite | View profile | 51-100 | Mills, Wyoming, United States, North America | bhbentonite.com |
| Kunimine Industries | View profile | 101-250 | Sumida, Tokyo, Japan, Asia | www.kunimine.co.jp/ |
| Wyo-Ben | View profile | 101-250 | Billings, Montana, United States, North America | www.wyoben.com |
Latin America Bentonite Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bentonite Market Outlook will help companies and investors design strategic landscapes.
Sodium Bentonite was the largest segment with a revenue share of 66.55% in 2023.
Horizon Databook has segmented the Latin America bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is one of the fastest growing regions in the world. With rapid industrialization and technological advancements, there is a shift in consumer lifestyle. Moreover, consumers have become more aware regarding various uses of bentonite clay.
- Latin America Bentonite Market Product Outlook (Revenue, USD Million , 2018-2030)
- Sodium Bentonite
- Calcium Bentonite
- Other Products
- Latin America Bentonite Market Application Outlook (Revenue, USD Million , 2018-2030)
- Foundry Sands
- Iron Ore Pelletizing
- Cat Litter
- Drilling Mud
- Civil Engineering
- Refining
- Other Applications
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- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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- Our clientele includes a mix of Bentonite Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Bentonite Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Bentonite Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Bentonite Market, 2018-2030 (US$M)
Latin America bentonite market statistics, by product, 2018-2030 (US$M)
