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Asia Pacific Bentonite Mining  Market Research Report 2024-2030

Asia Pacific Bentonite Mining Market Research Report 2024-2030

  • Published on : 28 October 2024
  • Pages :205
  • Report Code:SMR-8015627

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Report overview

The Asia Pacific Bentonite Mining market size was valued at US$ 576.4 million in 2024 and is projected to reach US$ 748.9 million by 2030, at a CAGR of 4.5% during the forecast period 2024-2030.

Bentonite mining involves the extraction of bentonite clay, a versatile material used in various industries including foundry sand, drilling fluids, pet litter, and environmental applications due to its absorbent and rheological properties.

The Asia Pacific bentonite mining market is growing steadily, driven by demand from the construction, oil & gas, and environmental sectors. China accounts for 35% of the market, followed by India at 25% and Japan at 15%. In 2023, the foundry industry consumed 40% of total production, with drilling fluids at 30% and environmental applications at 20%. The market experienced a 7% growth in demand for activated bentonite in wastewater treatment applications.

Key players include Ashapura Group (India) and Bentonite Performance Minerals LLC (USA), collectively holding a 40% market share in the region. The industry is investing in advanced processing technologies, with a 10% increase in R&D spending on nanoclay production in 2023. Challenges include environmental concerns related to mining activities, leading to an 8% focus on sustainable extraction methods.

The trend towards horizontal drilling in oil & gas exploration has driven a 12% increase in bentonite demand for drilling muds. The market is benefiting from urbanization and infrastructure development, with a 15% rise in bentonite use for geosynthetic clay liners in landfills and construction projects.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Bentonite Mining . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Bentonite Mining , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Bentonite Mining , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bentonite Mining . This report contains market size and forecasts of Bentonite Mining in Asia Pacific, including the following market information:
We surveyed the Bentonite Mining manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Thailand
  • Indonesia

by Products type:

  • Sodium
  • Calcium
  • Others

by Application:

  • Foundry Sands
  • Iron Ore Pelletizing
  • Cat Litter
  • Drilling Mud
  • Civil Engineering
  • Others

key players include: (At least 8-10 companies included)

  • Ashapura Group of Industries
  • AMCOL Australia Pty Ltd. (Minerals Technologies)
  • Wyo-Ben, Inc.
  • LKAB Minerals
  • Toyota Tsusho Corporation
  • Kunimine Industries Co., Ltd.
  • HOYO Bentonita
  • H and H Minerals
  • Star Bentonite Exports
  • Swell Well Minechem Pvt. Ltd.
  • Including or excluding key companies relevant to your analysis.

Competitor Analysis

  • The report also provides analysis of leading market participants including:
  • Key companies Bentonite Mining revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
  • Key companies Bentonite Mining revenues share in Asia Pacific market, 2023 (%)
  • Key companies Bentonite Mining sales in Asia Pacific market, 2019-2024 (Estimated),
  • Key companies Bentonite Mining sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
  • The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
  • The report covers Asia Pacific and country-wise market of Bentonite Mining
  • It describes present situation, historical background and future forecast
  • Comprehensive data showing Bentonite Mining capacities, production, consumption, trade statistics, and prices in the recent years are provided
  • The report indicates a wealth of information on Bentonite Mining manufacturers
  • Bentonite Mining forecast for next five years, including market volumes and prices is also provided
  • Raw Material Supply and Downstream Consumer Information is also included
  • Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
  • Analyzing the outlook of the market with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Distribution Channel sales Analysis by Value
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 1-year analyst support, along with the data support in excel format.