India Attapulgite Market Size & Outlook, 2024-2030
India attapulgite market, 2018-2030 (US$M)
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India attapulgite market highlights
- The India attapulgite market generated a revenue of USD 724.1 million in 2020 and is expected to reach USD 1,153.1 million by 2027.
- The India market is expected to grow at a CAGR of 6.9% from 2021 to 2027.
- In terms of segment, chemicals was the largest revenue generating end-use in 2020.
- Chemicals is the most lucrative end-use segment registering the fastest growth during the forecast period.
Attapulgite market data book summary
| Market revenue in 2020 | USD 724.1 million |
| Market revenue in 2027 | USD 1,153.1 million |
| Growth rate | 6.9% (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 |
Other key industry trends
- In terms of revenue, India accounted for 4.9% of the global attapulgite market in 2020.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, Japan attapulgite market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,153.1 million by 2027.
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Attapulgite Market Scope
Attapulgite Market Companies
| Name | Profile | # Employees | HQ | Website |
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India attapulgite market outlook
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 87.45% in 2024. Horizon Databook has segmented the India attapulgite market based on oil & gas, fertilizer & agrochemicals, chemicals, pet waste absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
Attapulgite market in India is primarily dominated by the domestic chemical industry. The use of the product in refining and processing of oil and Vanaspati in the country is likely to aid the market growth. However, with the ongoing COVID-19 pandemic in the country, the demand for attapulgite from chemical sector is likely to remain stagnant over the short term period. The country’s drive toward becoming self-sufficient is projected to offer new avenues for the market growth.
The use of the product in miscellaneous applications, such as plaster material, washing medium for hair, and many more, is likely to positively influence the market growth over the forecast period. In addition, the product plays a significant role in the domestic Ayurveda and healthcare industry. The local consumer inclination toward domestic medical industry or Ayurveda is estimated to boost the consumption of attapulgite in India over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India attapulgite market , including forecasts for subscribers. This country databook contains high-level insights into India attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India attapulgite market size, by end-use, 2018-2030 (US$M)
India Attapulgite Market Outlook Share, 2024 & 2030 (US$M)
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