According to Cognitive Market Research, the global Sodium Bentonite market size will be USD 2569.5 million in 2024. It will rise at the compound annual growth rate (CAGR) of 6.80% from the year 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1027.80 million in 2024 and will rise at the compound annual growth rate (CAGR) of 5.0% from the year 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 770.85 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 590.99 million in 2024 and will rise at the compound annual growth rate (CAGR) of 8.8% from the year 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 128.48 million in 2024 and will rise at the compound annual growth rate (CAGR) of 6.2% from the year 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 51.39 million in 2024 and will rise at the compound annual growth rate (CAGR) of 6.5% from the year 2024 to 2031.
The construction category is the fastest growing segment of the Sodium Bentonite industry
