Global Montmorillonite Clay Market, 2024-2030

Montmorillonite clay, otherwise called as bentonite, is clay consisting essentially of smectite minerals regardless of occurrence or origin. It is characterized by exchangeable cations such as Ca2+, Mg2+, Na+ or Li+ which affect its designation and properties. Swelling bentonite is sodium bentonite that swells in water and is generally used in its natural state. Out of Ca based and Na based bentonite Na based is an effective binder.

The global montmorillonite clay market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global montmorillonite clay market is growing at a fast pace and increasing its geographical footprint rapidly. The global montmorillonite clay market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.

Due to the binding properties it can be used in various number of the sectors such as molding sands, Iron ore pelletizing,pet litter, drilling mud , civil engineering and agriculture. Hence the market share is being accelerated for bentonite.

As per the usage US and Europe and Chinese companies are leading the market share.Key players in the market include AmcolMinerals Technologies, Bentonite Company LLC (Russia) ,Black Hills Bentonite(US) , Bentonite Performance Minerals LLC(US), Clariant (Switzerland) , Wyo-Ben Inc(US) , LKAB Minerals (Netherlands) .

Our Approach

The research process includes the market segmentation of the global montmorillonite clay market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global montmorillonite clay industry dynamics
• Estimation of the present global montmorillonite clay market size in terms of value and volume
• Global montmorillonite clay market breakup based on type and application
• Substantiated global montmorillonite clay market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global montmorillonite clay industry value chain

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