Calcium Bentonite Market to Demonstrate Steady Growth, With Expansion in Niche Applications

Calcium Bentonite is a naturally occurring clay with excellent capabilities of absorbing and adsorbing. With these properties Calcium Bentonite is being extensively used in personal care, pharmaceutical, construction and oil & gas industry. Increasing demand for cosmetic products and rapid development in the construction sector has resulted in heightened demand for Calcium Bentonite as a cleansing agent and water absorbing agent respectively. Increasing consumption of Calcium Bentonite as a binder in foundry-sand is expected to propel growth of the market over the forecast period (2019-2027).

Sodium Calcium Bentonite is the most preferred variant for foundry and construction. Whereas, calcium Calcium Bentonite is used in number of applications such as cosmetic and animal feeding. The above represented scenario is forecast to drive the market at a steady CAGR of ~5% in the forecast period, reveals Fact.MR, in a recently published report on global Calcium Bentonite market.

Key Takeaways of Global Calcium Bentonite Market

  • Global Calcium Bentonite market is expected to create an absolute $ opportunity of worth US$ 500 Mn during the forecast period, adding 1.2X times more value in 2027 as compared to 2019 
  • Sodium Calcium Bentonite is projected to account for more than half of the total market share, because of its lubricating properties enabling its high utilization in oil and gas extraction.
  • In terms of value, drilling fluid segment accounted for quarter of the global share in 2018 and is projected to grow at higher rate during the first half of the forecast period. Calcium Calcium Bentonite is forecast to gain 101 BPS to reach value share of 30% by the end of 2027 from 28.93% in 2019
  • Oil and gas industry is poised to expand at a CAGR of ~6% accounting for over one fourth of the revenue share by 2027
  • In terms of production and consumption, North America has dominated the market in 2019 and is projected to account for more than one-third of market share by 2027

“Attributed to its greasy, viscous and expanding properties Calcium Bentonite is the best choice as feeding additive for drilling in oil and natural gas extraction”, says a Fact.MR analyst. 

Sodium Bentonite Accounts for More than 50% of Bentonite Market Share

Sodium Calcium Bentonite expands to a greater degree as compared to calcium Calcium Bentonite. Growing infrastructure development and increasing demand for steel and iron ore across various industries are some of the key factors that are expected to drive the demand for sodium Calcium Bentonite in the foundry and construction industry.

Escalating demand for extracted oil and natural gas will fuel the growth of Calcium Bentonite market to greater heights. Attributed to the aforementioned factors, sodium Calcium Bentonite market is anticipated to create an absolute $ opportunity of worth US$ 1,000 Mn by 2027.

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