Market revenue in 2020 | USD 37.5 million |
Market revenue in 2027 | USD 54.4 million |
Growth rate | 5.5% (CAGR from 2020 to 2027) |
Largest segment | Chemicals |
Fastest growing segment | Chemicals |
Historical data covered | 2016 - 2019 |
Base year for estimation | 2020 |
Forecast period covered | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Oil & Gas, Fertilizer & Agrochemicals, Chemicals, Pet Waste Absorbents |
Key market players worldwide | Basf SE, Oil-Dri Corp of America, Hudson Resources, TOLSA, Active Minerals International, Geohellas, GRUPO SAMCA, Sepiolsa, G&W Laboratories |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to attapulgite market will help companies and investors design strategic landscapes.
Chemicals was the largest segment with a revenue share of 40.8% in 2024. Horizon Databook has segmented the Asia Pacific attapulgite market based on oil & gas, fertilizer & agrochemicals, chemicals, pet waste absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific attapulgite regional growth is largely based on its manufacturing powerhouses such as India, China, and Japan.China is projected to remain a key regional market for attapulgite over the forecast period. The country’s advancement in chemical and agrochemical sectors is projected to drive the demand for attapulgite. In addition, the use of the product to manufacture value-added products such as granular & gel form attapulgite is likely to remain prevalent in China.
Similarly, Indian market is also projected to showcase steady growth in terms of attapulgite consumption. The country’s drive to become self-sufficient is likely to aid the market growth. However, the ongoing scenario of COVID–19 in the region coupled with restrictions imposed to contain the spread of this virus is likely to impact the sales volume of attapulgite in Asia Pacific over the short term. The market conditions are estimated to rebound by FY 2021 owing to the economic powerhouses such as China and India in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific attapulgite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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