Middle East & Africa Bentonite Market Size & Outlook
- Metals & Mining
- Metals, Mining & Minerals
- Bentonite Market Outlook
- Metals, Mining & Minerals
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MEA bentonite market highlights
- The MEA bentonite market generated a revenue of USD 194.4 million in 2023.
- The market is expected to grow at a CAGR of 5% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 194.4 million |
| Market revenue in 2030 | USD 271.6 million |
| Growth rate | 5% (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, MEA region accounted for 8.0% 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.
Growing cosmetic and oil & gas industry in the region is expected to force bentonite manufacturing companies to increase their production capacity. On account of increasing consumer base for personal care products in Saudi, bentonite market is anticipated to witness substantial growth in the near future.
These strategies are expected to increase market penetration of bentonite market in aforementioned applications over the next eight years.
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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 |
Middle East & Africa 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 66.77% in 2023.
Horizon Databook has segmented the Middle East & Africa bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Growing cosmetic and oil & gas industry in the region is expected to force bentonite manufacturing companies to increase their production capacity. On account of increasing consumer base for personal care products in Saudi, bentonite market is anticipated to witness substantial growth in the near future.
These strategies are expected to increase market penetration of bentonite market in aforementioned applications over the next eight years.
- Middle East & Africa Bentonite Market Product Outlook (Revenue, USD Million , 2018-2030)
- Sodium Bentonite
- Calcium Bentonite
- Other Products
- Middle East & Africa Bentonite Market Application Outlook (Revenue, USD Million , 2018-2030)
- Foundry Sands
- Iron Ore Pelletizing
- Cat Litter
- Drilling Mud
- Civil Engineering
- Refining
- Other Applications
Reasons to subscribe to Bentonite Market Outlook databook
- 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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- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Bentonite Market Outlook databook
- 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 Middle East & Africa Bentonite Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Bentonite Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Bentonite Market, 2018-2030 (US$M)
MEA bentonite market statistics, by product, 2018-2030 (US$M)
