According to our (Global Info Research) latest study, the global Smectite Clays market size was valued at USD 1482.7 million in 2022 and is forecast to a readjusted size of USD 2083.1 million by 2029 with a CAGR of 5.0% during review period.
The name bentonite was first suggested in 1898 for clay hosted by the Benton Shale in Wyoming. It was initially described as clay formed by the alteration of volcanic ash, but the most widely used commercial definition is that bentonite is clay consisting essentially of smectite minerals (usually montmorillonite) regardless of occurrence or origin.
Most economic bentonite deposits are of Cretaceous age or younger and associated with marine shale and marl (Wyoming), calcareous sands and marls (Morocco), carbonaceous shales and coal (South Africa), sandstone and conglomerate (Australia), dacitic pyroclastics and tuffs (Milos), andesite (China) or rhyolite and obsidian/perlite (China and Mozambique).
Bentonite is characterised by exchangeable cations such as Ca2+, Mg2+, Na+ or Li+ which affect its designation and properties. For example, bentonite is typically described as either swelling or nonswelling bentonite. Swelling bentonite (also known as western bentonite) is sodium bentonite that swells in water and is generally used in its natural state. Non-swelling bentonite is calcium bentonite (also known as southern bentonite) that is used as mined, after treatment with soda ash to produce sodium-exchanged bentonite, or treated with acid to produce bleaching clay. Li-rich bentonite is known as hectorite and is commercially mined only in the US.
Natural bentonites occur in two main forms: Na-based and Ca-based. While Ca-bentonite is more common, Na-bentonite is a more effective binder. To boost the binding power of Ca-bentonite, it is subjected to a chemical reaction with soda ash to activate its outer and inner surfaces, which increases its ability to bind water.
Global 5 largest manufacturers of Smectite Clays are Minerals Technologies (Amcol), Bentonite Performance Minerals LLC (BPM), Clariant, Imerys (S&B) and Black Hills Bentonite LLC, which make up about 54%. Among them, Minerals Technologies (Amcol) is the leader with about 18% market share.
North America is the largest market, with a share about 32%, followed by Europe and Asia-Pacific, with share about 31% and 29%. In terms of product type, Sodium Bentonite occupy the largest share of the total market, about 88%. And in terms of product application, the largest application is Molding Sands, followed by Drilling Mud.
The Global Info Research report includes an overview of the development of the Smectite Clays industry chain, the market status of Molding Sands (Sodium Bentonite, Calcium Bentonite), Iron Ore Pelletizing (Sodium Bentonite, Calcium Bentonite), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smectite Clays.
Regionally, the report analyzes the Smectite Clays markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smectite Clays market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Smectite Clays market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smectite Clays industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Sodium Bentonite, Calcium Bentonite).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smectite Clays market.
Regional Analysis: The report involves examining the Smectite Clays market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smectite Clays market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Smectite Clays:
Company Analysis: Report covers individual Smectite Clays manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smectite Clays This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Molding Sands, Iron Ore Pelletizing).
Technology Analysis: Report covers specific technologies relevant to Smectite Clays. It assesses the current state, advancements, and potential future developments in Smectite Clays areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smectite Clays market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Smectite Clays market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Sodium Bentonite
Calcium Bentonite
Market segment by Application
Molding Sands
Iron Ore Pelletizing
Pet Litter
Drilling Mud
Civil Engineering & Environmental
Agriculture
Personal Care, Food & Drug
Others
Major players covered
Minerals Technologies (Amcol)
Bentonite Performance Minerals LLC (BPM)
Clariant
Imerys (S&B)
Black Hills Bentonite LLC
Wyo-Ben Inc
Bentonite Company LLC (Russia)
Tolsa Group
Laviosa Minerals SpA
G & W Mineral Resources
Hojun Group
Ningcheng Tianyu
Huawei Bentonite
China Jianping Cuican Peng Run Tu
Xinjiang Nonmetallic Minerals
LKAB Minerals
Ashapura Minechem Limited
Star Bentonite Group
Kunimine Industries
Fenghong New Material
Zhejiang Chang'an Renheng Technology
Liufangzi Bentonite
Bentonit União
Castiglioni Pes y Cia
Canbensan
Aydın Bentonit
KarBen
Elementis
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smectite Clays product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smectite Clays, with price, sales, revenue and global market share of Smectite Clays from 2018 to 2023.
Chapter 3, the Smectite Clays competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smectite Clays breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Smectite Clays market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smectite Clays.
Chapter 14 and 15, to describe Smectite Clays sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Smectite Clays. Industry analysis & Market Report on Smectite Clays is a syndicated market report, published as Global Smectite Clays Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Smectite Clays market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.