Bentonite Mining Market Report 2025 (Global Edition)

Global Bentonite Mining Market Report 2025 Market Size Split by Type of Mine (Open Pit, Underground), by Grade (Sodium Bentonite, Calcium bentonite), by Application (Foundry, Drilling, Construction, I...

Bentonite Mining Market Report Description

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Bentonite Mining Market Insights Video

Competitive Landscape of the Bentonite Mining market

Most of the revenue generated by the large and medium-sized players in the global bentonite market is distributed among several moderately fragmented players. Big players are implementing various tactics, making strategic alliances and contracts, mergers and acquisitions, and creating, testing, and launching more potent Bentonite solutions.

Bentonite Mining Industry News

In March 2023, Clariant and Omya collaborated on a new project to address consumers' worries about yellowing the increasingly common sealants known as SMPs (silane-modified polymers). Their partnership's output solved the yellowing problem and produced a label-free product that performed better in heat and light than competing products. The partners are proud to introduce AddWorks IBC 760 to ECS 2023 visitors.

Source-www.clariant.com/en/Corporate/News/2023/03/Clariant-amp-Omya-capitalize-on-the-benefits-of-labelfree-innovation-for-SMP-sealants

June 2023, Clariant releases Desi Pak ECO with innovative bio-based moisture-adsorbing packs. A specially created packaging solution that prioritizes the use of less environmentally harmful transportation packaging and raw materials. A desiccant that uses responsibly mined natural bentonite clay, which has a reduced lifespan effect than synthetic alternatives

Source-www.clariant.com/en/Corporate/News/2023/06/Clariant-launches-Desi-Pak-ECO-with-new-bio_based-moisture_adsorbing-packets

Top Companies Market Share in Bentonite Mining Industry: (In no particular order of Rank)

• Weifang Huawei Bentonite Group Co.
• Ltd
• Wyo-Ben
• Inc.
• American Colloid Co
• Cimbar Performance Minerals
• Inc.
• Mi SWACO
• Schlumberger Company
• Ashapura Minechem Ltd
• Imerys
• Clariant
• Kunimine Industries Co.
• Ltd.
• ABG Bentonite Mining Company
• Minerals Technologies Inc
• Taiko Group.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Bentonite Mining Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue. Increased investment in drilling and fracturing technology, together with the expansion of oil and gas exploration operations, are key drivers of the market revenue growth in this region. Bentonite is readily available in North America, especially in Wyoming, the state that produces the most bentonite worldwide—up to 70% of the world's known supply is found in its bentonite deposits.

Europe is the fastest-growing category, as the region's growing use of bentonite in pet litter applications drives the market. Europe holds the highest part of the bentonite cat litter market because of this region's greater cat adoption rate. According to estimates from the European Pet Food Industry Organisation, cats were the most popular breed in Europe in 2021, with at least 90 million households having a pet.

The current report Scope analyzes Bentonite Mining Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Bentonite Mining Market Analysis

According to Cognitive Market Research, the global bentonite mining market size was estimated at USD XX Billion, out of which North America held the major market of more than 408% of the global revenue with market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030 growth in oil and gas exploration operations together with increased investment in drilling and fracking technology are important factors driving this region's market revenue growth. In North America, bentonite is easily accessible, especially in Wyoming, which generates the most bentonite worldwide—up to 70% of the world's known supply comes from its bentonite resources. According to Cognitive Market Research, sodium bentonite, with a market share of more than 31.6%, this variety is the dominant player. Due to its swelling qualities and absorbent nature, it is appropriate for several uses, including wastewater treatment, landfill liners, and civil engineering projects. In conclusion, the North American bentonite mining market is thriving due to key market players' increasing innovation of new products.

• According to Cognitive Market Research, the US had a major share in the bentonite mining market, with a market size of USD XX billion in 2023, and it is projected to grow at a CAGR of 9.5% during the forecast period. 
• The Canada bentonite mining market had a market share of USD XX billion in 2023 and is projected to grow at a CAGR of 10.5% during the forecast period. 
• The Mexico bentonite mining market is projected to grow at a CAGR of 10.2% during the forecast period, with a market size of USD XX billion in 2023.

 

Europe Bentonite Mining Market Analysis

According to Cognitive Market Research, with a market value of USD XX billion in 2023 and projected to expand at a compound annual growth rate (CAGR) of 10.0% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD XX billion Europe has a high demand for bentonite in many industries, including building, foundry, agriculture, and environmental cleaning. This need is pushed further by increased environmental consciousness and stronger restrictions, particularly in waste management and water treatment applications. According to Cognitive Market Research, the foundry is a significant segment; the growing demand for castings in different industries, including automotive, construction, and machinery, propels the foundry segment in the European Bentonite Mining market. In conclusion, the European bentonite mining market thrives due to the strong demand for bentonite in various industries, including construction, foundry, agriculture, and environmental cleaning.

• According to Cognitive Market Research, the German bentonite mining market was valued at USD XX billion in 2023 and is projected to grow at a CAGR of 10.2% during the forecast period. 
• The United Kingdom bentonite mining market had a market share of USD XX billion in 2023 and is projected to grow at a CAGR of 10.8% during the forecast period. 
• The France bentonite mining market is projected to grow at a CAGR of 9.2% during the forecast period, with a market size of USD XX billion in 2023.
• The Italian bentonite mining market is projected to grow at a CAGR of 9.4% during the forecast period, with a market size of USD XX billion in 2023.
• The Russian bentonite mining market is projected to grow at a CAGR of 9.0% during the forecast period, with a market size of USD XX billion in 2023.
• The Spanish bentonite mining market is projected to grow at a CAGR of 9.1% during the forecast period, with a market size of USD XX billion in 2023.
• The Portuguese bentonite mining market is projected to grow at a CAGR of 9.8% during the forecast period, with a market size of USD XX billion in 2023.
• The Luxembourg bentonite mining market is projected to grow at a CAGR of 10.1% during the forecast period, with a market size of USD XX billion in 2023.
• The Greece bentonite mining market is projected to grow at a CAGR of 10.3% during the forecast period, with a market size of USD XX billion in 2023.
• The Rest of Europe's bentonite mining market is projected to grow at a CAGR of 8.7% during the forecast period, with a market size of USD XX billion in 2023.

 

Asia Pacific Bentonite Mining Market Analysis

According to Cognitive Market Research, the global bentonite mining market size was estimated at USD XX Billion, out of which Asia Pacific held the market of more than 23% of the global revenue with market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2023 to 2030 the region's vast and expanding population, along with the growing demand for bentonite from the construction, personal care, and cosmetics industries, are some of the main factors driving the market's revenue growth.  According to Cognitive Market Research, sodium bentonite is the most prevalent kind of bentonite, which is prized for its strong absorption and swelling capacities. In conclusion, the Asia Pacific bentonite mining market shows significant growth due to the rising construction sector in the region.

• According to Cognitive Market Research, the size of the China bentonite mining market was valued at USD XX billion in 2023 and is projected to grow at a CAGR of 13.0% during the forecast period. 12.6
• The India bentonite mining market had a market share of USD XX billion in 2023 and is projected to grow at a CAGR of 15.3% during the forecast period. 
• The Japan bentonite mining market is projected to grow at a CAGR of 12.0% during the forecast period, with a market size of USD XX billion in 2023.
• The South Korean bentonite mining market is projected to grow at a CAGR of XX% during the forecast period, with a market size of USD XX billion in 2023.
• The Australian bentonite mining market is projected to grow at a CAGR of 13.2% during the forecast period, with a market size of USD XX billion in 2023.
• The Southeast Asia bentonite mining market is projected to grow at a CAGR of 14.5% during the forecast period, with a market size of USD XX billion in 2023.
• The Rest of the Asia Pacific bentonite mining market is projected to grow at a CAGR of 13.3% during the forecast period, with a market size of USD XX billion in 2023.

South America Bentonite Mining Market Analysis

According to Cognitive Market Research, the global bentonite mining market size was estimated at USD XX Billion, out of which the Latin America market of more than 5% of the global revenue with market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030 powerhouse countries like Brazil, which hold half of the market and whose increasing industrial operations are fueling demand for foundry and oil drilling applications, are crucial to its sustained rise. Mexico contributes significantly to the region's overall production, which makes it another important player. According to Cognitive Market Research, the foundry segment dominates the market in the region. With almost 40% of the market, the foundry industry is Latin America's biggest user of bentonite. The growing need for steel and cast iron goods in many other industries like automobiles, construction, and machinery propels the foundry sector's growth. In conclusion, the Latin American bentonite mining market exhibits steady growth, driven by the increasing industrial operations.

• According to Cognitive Market Research, Brazil's bentonite mining market was valued at USD XX billion in 2023 and is projected to grow at a CAGR of 11.5% during the forecast period.
• The Argentina bentonite mining market had a market share of USD XX billion in 2023 and is projected to grow at a CAGR of 11.8% during the forecast period. 
• The Colombia bentonite mining market is projected to grow at a CAGR of 10.7% during the forecast period, with a market size of USD XX billion in 2023.
• The Peru bentonite mining market is projected to grow at a CAGR of 11.1% during the forecast period, with a market size of USD XX billion in 2023.
• The Chile bentonite mining market is projected to grow at a CAGR of 11.2% during the forecast period, with a market size of USD XX billion in 2023.
• The Rest of the Latin American bentonite mining market is projected to grow at a CAGR of 10.0% during the forecast period, with a market size of USD XX billion in 2023.

Middle East Bentonite Mining Market Analysis

According to Cognitive Market Research, the global Bentonite Mining market size was estimated at USD XX Billion out of which Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030 booming construction activity, notably in infrastructure and housing projects around the region, is driving demand for bentonite's diverse applications, which range from drilling mud and cement additives to sealants and paints. According to Cognitive Market Research, the foundry segment has grown substantially. Bentonite is used in molding sand for metal casting because of its high heat resistance and ability to bind sand particles. The expanding foundry industry in countries such as South Africa and Turkey is boosting demand for this area. In conclusion, the MEA (Middle East and Africa) bentonite mining market exhibits growth potential due to the rising construction sector in the region.

• According to Cognitive Market Research, the GCC Countries' bentonite mining market size was valued at USD XX billion in 2023 and is projected to grow at a CAGR of 12.0% during the forecast period. 
• The South African bentonite mining market had a market share of USD XX billion in 2023 and is projected to grow at a CAGR of 12.2% during the forecast period. 
• The Egyptian bentonite mining market is projected to grow at a CAGR of 11.5% during the forecast period, with a market size of USD XX billion in 2023.
• The Turkish bentonite mining market is projected to grow at a CAGR of 10.7% during the forecast period, with a market size of USD XX billion in 2023.
• The Nigeria bentonite mining market is projected to grow at a CAGR of 10.3% during the forecast period, with a market size of USD XX billion in 2023.
• The Rest of the MEA bentonite mining market is projected to grow at a CAGR of 10.2% during the forecast period, with a market size of USD XX billion in 2023.

Bentonite Mining Market Analysis

Bentonite Mining market type of Mine Segment Analysis

According to Cognitive Market Research, open pits held the major market share over the forecast period as bentonite deposits are usually found near the surface, making heavy gear easily accessible, which is why this method is recommended. Higher rates of bentonite ore recovery are also made possible by open-pit mining.

Underground is the fastest-growing category over the forecast period. Underground mining is employed when the bentonite deposit is situated far below the surface or when open-pit mining's potential effects on the environment are a concern.

• Open Pit
• Underground

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bentonite Mining Industry. Request a Free Sample PDF!

Bentonite Mining market Grade Segment Analysis

According to Cognitive Market Research, sodium bentonite holds a prominent market share because of its great demand in various industrial applications, such as drilling fluid, clarifying agents, and adsorbent/absorbent materials. Because it can absorb more water and swell more readily than calcium bentonite, sodium bentonite is better suited for a wider range of uses than calcium bentonite, such as drilling fluid, sealant, binder, adsorbent, and clarifying agent.

Calcium bentonite is the fastest-growing category over the forecast period. The food, chemical, metallurgical, and pesticide sectors are just a few of the industries that frequently use calcium-based bentonite. Calcium bentonite is a clay mineral cleansing agent that absorbs impurities and changes the color of fats and oils, including butter, margarine, animal fats, and mayonnaise. Heavy metals and other undesirable particles can be removed by it.

• Sodium Bentonite
• Calcium bentonite

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Bentonite Mining Application Segment Analysis

According to Cognitive Market Research, the foundry holds a prominent market share due to the high demand for bentonite as a bonding agent in the metal casting industry. Bentonite is a binding agent in foundry molds for various metal castings, including brake drums, engine blocks, maintenance hole covers, brass water fittings, gearbox housing, and cast iron pans. Bentonite renders the surface impervious and aids in the mechanical shape of the mold.

Drilling is the fastest-growing category over the forecast period. The segment's revenue growth is primarily driven by increased oil and gas production and development requirements, especially for unconventional resources like shale gas and tight oil. Drilling muds play a major role in developing tight oil and shale gas reservoirs, which are unconventional gas and oil resources with limited porosity and permeability.

• Foundry
• Drilling
• Construction
• Iron Ore Pelletizing
• Water Treatment
• Others

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion