Market revenue in 2020 | USD 22.2 million |
Market revenue in 2027 | USD 33.4 million |
Growth rate | 6% (CAGR from 2020 to 2027) |
Largest segment | Chemicals |
Fastest growing segment | Chemicals |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 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 41.44% in 2024. Horizon Databook has segmented the China attapulgite market based on oil & gas, fertilizer & agrochemicals, chemicals, pet waste absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
China constituted a volume share of 66.6% in the regional attapulgite marketspace in 2019. Strong economic growth of the country coupled with higher level of integration within various manufacturing sectors aided the development and provided new avenues for the market growth in recent past. The use of the product is largely divided across three end-use segments including oil & gas, chemicals, and fertilizer & agrochemicals.
The growth of the aforementioned end-use industries has directly influenced the market growth in the country. The coronavirus spread in the country remains largely contained owing to the effective policies initiated by the government. Owing to this, market conditions have started to show signs of improvement in terms of supply and demand.
Attapulgite market growth in China is primarily fueled by the domestic chemical sector. Formulation of value-added products is likely to remain the dominant application category for attapulgite over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the China attapulgite market , including forecasts for subscribers. This country databook contains high-level insights into China attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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