U.S. Bentonite Market Size & Outlook, 2024-2030
- Metals & Mining
- Metals, Mining & Minerals
- Bentonite Market Outlook
- Metals, Mining & Minerals
Global Market
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U.S. bentonite market highlights
- The U.S. bentonite market generated a revenue of USD 381.9 million in 2023 and is expected to reach USD 591.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.6% 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 2023 | USD 381.9 million |
| Market revenue in 2030 | USD 591.5 million |
| Growth rate | 6.6% (CAGR from 2024 to 2030) |
| Largest segment | Sodium bentonite |
| Fastest growing segment | Calcium Bentonite |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 15.6% 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 North America, U.S. bentonite market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 591.5 million by 2030.
Calcium bentonite is characterized by the ability to swell and absorb low water. Furthermore, sodium bentonite is characterized by the form viscous matter and absorb large amount of water.
Calcium bentonite is a useful adsorbent of ions in the oils, fats and solutions. On account of colloidal properties of sodium bentonite, it is used in drilling mud for boreholes and oil & gas wells.
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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 |
U.S. 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 82.12% in 2023.
Horizon Databook has segmented the U.S. bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Calcium bentonite is characterized by the ability to swell and absorb low water. Furthermore, sodium bentonite is characterized by the form viscous matter and absorb large amount of water.
Calcium bentonite is a useful adsorbent of ions in the oils, fats and solutions. On account of colloidal properties of sodium bentonite, it is used in drilling mud for boreholes and oil & gas wells.
- U.S. Bentonite Market Product Outlook (Revenue, USD Million , 2018-2030)
- Sodium Bentonite
- Calcium Bentonite
- Other Products
- U.S. 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 U.S. Bentonite Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Bentonite Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Bentonite Market, 2018-2030 (US$M)
U.S. bentonite market statistics, by product, 2018-2030 (US$M)
