Global Bentonite Mining
Market Report
2025
Bentonite Mining Market will be USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 11.50% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Bentonite Mining Market will be USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 11.50% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 11.5% |
North America Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 9.7% |
Europe Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 10% |
Asia Pacific Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 13.5% |
South America Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 10.9% |
Middle East and Africa Bentonite Mining Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 11.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type of Mine |
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Market Split by Grade |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Bentonite Mining industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Bentonite Mining Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Bentonite finds its application in several fields, including but not limited to drilling fluid, binder, adsorbent/absorbent, and clarifying agent. Growing end-use sectors including oil, construction, food, pharmaceutical, and others are driving up demand for bentonite. The expansion of infrastructure in emerging economies, increased use in the foundry sector, demand for pelletized fertilizers, improvements in geosynthetic clay liners, and growing use in water treatment applications all contribute to the growth in the projection period. Innovations in drilling fluid compositions, an emphasis on sustainable bentonite mining techniques, an increase in bentonite-based nanocomposites, a greater use in the energy storage sector, and the digitization of supply chains and logistics are some of the major developments that are expected to occur over the projection period.
For instance, in May 2022, Imerys introduced a clear and intelligible strategy for sustainable minerals.
Source-www.imerys.com/news/imerys-launches-transparent-and-understandable-approach-sustainable-minerals
Global energy consumption has surged as a result of growing industry and urbanization. Because of this, more people are exploring and mining crude oil, necessitating using bentonite in mud to stabilize boreholes, seal them, and remove drill debris. The need for infrastructure development, such as new buildings, roads, and other construction projects, is growing as urbanisation increases. In construction projects, bentonite is a vital component of drilling fluids, which are essential for building tunnels, foundations, and other structures. Urbanisation may cause people to become more concerned about environmental cleanup and protection. Bentonite is utilised in environmental applications, such liners for landfills, to assist stop dangerous materials from seeping into the groundwater and soil.
For instance, According to UN DESA's projections, the percentage of people living in urban areas worldwide will increase from 56.7% in 2020 to 68% by 2050.
Source-www.un.org/development/desa/en/news/population/2018-revision-of-world-urbanization-prospects.html
The increasing knowledge of environmental sustainability clouds this upbeat perspective. If bentonite mining is carried out irresponsibly, it can contaminate water, cause dust pollution, and cause land deterioration. The energy-intensive nature of its processing further raises concerns concerning the clay's carbon footprint. These elements force the sector to implement more environmentally friendly procedures, like cutting down on waste, reclamation methods, and looking into alternate bentonite suppliers.
For instance, According to a 2023 Pew Research Centre survey, 80% of Americans—a 10% rise in just five years—think people are damaging the environment.
Since bentonite reserves are running low in some bentonite-producing locations, governments and regulatory bodies worldwide have limited the transcontinental trading of bentonite. That being said, bentonite substitutes or replacements are the focus of these regions' end-use industries. This may somewhat limit the market's potential for expansion.
Impact of the COVID-19 on the Bentonite Mining market
The market for bentonite mining has shown extraordinary resilience and is expected to rise rapidly in the next ten years, despite the Covid-19 pandemic having originally crippled it. As a result of the pandemic's focus on hygiene and healthcare, bentonite's use in pharmaceuticals, wastewater treatment, and cat litter increased, somewhat offsetting the initial lockdowns and supply chain disruptions that temporarily decreased demand, especially from the construction and foundry sectors. Currently, bentonite is in high demand in its traditional areas because of the economic recovery and growing investments in agriculture and infrastructure. Developing applications in fields like oil and gas drilling fluids and environmental remediation also offer attractive long-term growth options.
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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.
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.
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
Top Companies Market Share in Bentonite Mining Industry: (In no particular order of Rank)
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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
The above graph is for illustrative purposes only.
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Bentonite Mining industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
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.
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Bentonite Mining industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
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.
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Bentonite Mining industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
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.
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Bentonite Mining industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
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.
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Bentonite Mining industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
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.
Global Bentonite Mining Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bentonite Mining Industry growth. Bentonite Mining market has been segmented with the help of its Type of Mine, Grade Application, and others. Bentonite Mining market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
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.
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!
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.
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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.
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Type of Mine | Open Pit, Underground |
Grade | Sodium Bentonite, Calcium bentonite |
Application | Foundry, Drilling, Construction, Iron Ore Pelletizing, Water Treatment, Others |
List of Competitors | 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. |
This chapter will help you gain GLOBAL Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review Global Bentonite Mining Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review North America Bentonite Mining Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review Europe Bentonite Mining Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review Asia Pacific Bentonite Mining Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review South America Bentonite Mining Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Bentonite Mining. Further deep in this chapter, you will be able to review Middle East and Africa Bentonite Mining Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Bentonite Mining. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type of Mine Analysis 2019 -2031, will provide market size split by Type of Mine. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type of Mine Analysis 2021 - 2033
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Chapter 11 Market Split by Grade Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Bentonite Mining market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Open Pit have a significant impact on Bentonite Mining market? |
What are the key factors affecting the Open Pit and Underground of Bentonite Mining Market? |
What is the CAGR/Growth Rate of Sodium Bentonite during the forecast period? |
By type, which segment accounted for largest share of the global Bentonite Mining Market? |
Which region is expected to dominate the global Bentonite Mining Market within the forecast period? |
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Country level Data Customization |
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Additional Qualitative Data |
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