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Russia Bentonite Market Size & Outlook, 2024-2030

The bentonite market in Russia is expected to reach a projected revenue of US$ 39.5 million by 2030. A compound annual growth rate of 5.4% is expected of Russia bentonite market from 2024 to 2030.

  • Metals & Mining
    • Metals, Mining & Minerals
      • Bentonite Market Outlook
Revenue, 2023 (US$M)
$27.4
Forecast, 2030 (US$M)
$39.5
CAGR, 2024 - 2030
5.4%
Report Coverage
Russia
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Russia bentonite market highlights

  • The Russia bentonite market generated a revenue of USD 27.4 million in 2023 and is expected to reach USD 39.5 million by 2030.
  • The Russia market is expected to grow at a CAGR of 5.4% 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.


Bentonite market data book summary

Market revenue in 2023USD 27.4 million
Market revenue in 2030USD 39.5 million
Growth rate5.4% (CAGR from 2024 to 2030)
Largest segmentSodium bentonite
Fastest growing segmentCalcium Bentonite
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSodium Bentonite, Calcium Bentonite, Other Products
Key market players worldwideAshapura 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, Russia accounted for 1.1% of the global bentonite market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Turkey bentonite market is projected to lead the regional market in terms of revenue in 2030.
  • Turkey is the fastest growing regional market in Europe and is projected to reach USD 227.4 million by 2030.

Russia has one of the qualitative deposit of sodium bentonite in the world, located in the Azerbaijani Republic. Bentonite is majorly used in the metallurgical, foundry and oil & gas industry. 

Russia employs numerous research works for the investigation of clay mineral physicochemical, developing methods for processing & recovery of the clay and development of new type of production technique. 

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Publish Date: Jun 24, 2024

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Bentonite Market Companies

NameProfile# EmployeesHQWebsite
Minerals Technologies IncView profile 4,027622 Third Avenue, 38th Floor, New York, NY, United States, 10017-6707www.mineralstech.com
Clariant AGView profile 10,481Rothausstrasse 61, Muttenz, Switzerland, 4132www.clariant.com
ImerysView profile 13,90943 quai de Grenelle, Paris, France, 75015www.imerys.com
Ashapura GroupView profile -Mumbai, Maharashtra, India, Asiaashapurabentonite.com
Cimbar Performance MineralsView profile 51-100Chatsworth, Georgia, United States, North Americawww.cimbar.com/
Bentonite Performance MineralsView profile 101-250Houston, Texas, United States, North Americawww.bentonite.com
Black Hills BentoniteView profile 51-100Mills, Wyoming, United States, North Americabhbentonite.com
Kunimine IndustriesView profile 101-250Sumida, Tokyo, Japan, Asiawww.kunimine.co.jp/
Wyo-BenView profile 101-250Billings, Montana, United States, North Americawww.wyoben.com

Russia 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 66.79% in 2023.

Horizon Databook has segmented the Russia bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.




Russia has one of the qualitative deposit of sodium bentonite in the world, located in the Azerbaijani Republic. Bentonite is majorly used in the metallurgical, foundry and oil & gas industry. 

Russia employs numerous research works for the investigation of clay mineral physicochemical, developing methods for processing & recovery of the clay and development of new type of production technique. 

  • Russia Bentonite Market Product Outlook (Revenue, USD Million , 2018-2030)
    • Sodium Bentonite
    • Calcium Bentonite
    • Other Products
  • Russia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Russia Bentonite Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Russia Bentonite Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Russia Bentonite Market, 2018-2030 (US$M)

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Russia bentonite market statistics, by product, 2018-2030 (US$M)

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Russia bentonite market statistics, by product, 2018-2030 (USD Million)

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