Bentonite Market Industry Analysis Report 2018-2024 | Halliburton, Clariant, CETCO ENERGY SERVICES, Minerals Technologies Inc., ASHAPURA MINECHEM LTD, LKAB Minerals

U.S. calcium bentonite market share from drilling mud applications may witness gains at about 5.5% over the forecast timeframe. Improvements in drilling & fracking technology in the country has led to increased oil & natural gas production thereby boosting demand for drill muds. Drilling fluids help in creating boreholes in the ground to access petroleum reserves and bentonite helps keep the stone detritus in suspension when purge pumps are idle, which may increase product demand.

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Germany calcium bentonite market size from civil engineering applications may register gains close to 4% during the foreseeable period. The country is witnessing economy recovery, rising government investment on bridges & roads, declining interest rates and a booming population which has led to a resurgence in the construction sector. The product is commonly used in slurries owing to its ability to stabilize & seal excavations, allowing easy replacement by concrete, cost reduction and recycling which may accelerate bentonite industry growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Pacific Bentonite Ltd.
2. Minerals Technologies Inc.
3. Delmon Co. Ltd.
4. CETCO ENERGY SERVICES
5. Halliburton
6. Black Hills Bentonite
7. Wyo-Ben, Inc.
8. ASHAPURA MINECHEM LTD
9. Midpoint Chemicals Company
10. Cimbar Performance Minerals, Inc.
11. Bentonite Performance Minerals LLC
12. LKAB Minerals
13. CB Minerals
14. Kutch Minerals - India
15. Clariant
16. American Colloid Co

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China sodium bentonite market demand from refining applications may surpass USD 3 million by 2024. The country has witnessed rising crude oil imports pertaining to increasing oil import quotas passed by the government and growing crude supply from the booming North America shale industry. Acid-treated clay materials are routinely used to bleach oil for removing contaminants such as iron & copper ions which improves refining productivity and may boost bentonite market growth.

Bentonite Market size is set to surpass USD 1.95 billion by 2024; according to a new research report by Global Market Insights, Inc.Booming steel industry in India, China and South Korea on account of increasing foreign direct investment from U.S. and Japan has boosted the iron pelletizing industry and may promote growth of bentonite market size. The product is used as a binding agent, offer improved mechanical & abrasive strength, faster reduction and higher mineralization rates compared to ore fines which increases the productivity of sponge iron with less energy consumption. The product imparts structural stability to iron pellets, extracts moisture, improves drop strength and thermal resistance which may accelerate market growth.

Bentonite Market, By Product
• Sodium
• By Application
• Foundry sands
• Cat litter
• Iron ore pelletizing
• Refining
• Drilling muds
• Civil engineering
• Others
• Calcium
• By Application
• Foundry sands
• Cat litter
• Iron ore pelletizing
• Refining
• Drilling muds
• Civil engineering
• Others
• Sulphur
• By Application
• Foundry sands
• Cat litter
• Iron ore pelletizing
• Refining
• Drilling muds
• Civil engineering
• Others
• Others
• By Application
• Foundry sands
• Cat litter
• Iron ore pelletizing
• Refining
• Drilling muds
• Civil engineering
• Others

Browse key industry insights spread across 320 pages with 432 market data tables & 33 figures & charts from the report, “ Bentonite Market ” in detail along with the table of contents:

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Declining community involvement owing to rising urbanization has led to rising pet ownership to fulfill companionship needs, which may stimulate bentonite market growth. This product majorly finds usage in clumping cat litter owing to its ability of absorbing fluids and forming clumps. The complete absorption of urine helps in removing undesirable odors and some manufacturers also add odor control additives such as baking soda or charcoal or chemical fragrances to improve product performance.

Sulphur bentonite market size from foundry sand applications was valued at over 680 kilo tons in 2017. This product, along with aggregate and water is a major ingredient of green sand, a hydrated mixture commonly used in the metal casting industry. The product helps sand particles adhere to each other, imparts high green, high & hot strength and possesses beneficial swell properties, which may boost bentonite market growth.

Halliburton, Wyo-Ben, CETCO, Delmon Group, MIDPOINT Chemicals and Minerals Technologies are some of the prominent industry participants in the bentonite market. Manufacturers are expanding their production capacity and mining operations to improve the availability of raw materials, lower costs and achieve market growth.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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