Latin America Attapulgite Market Size & Outlook, 2024-2030
Latin America attapulgite market, 2018-2030 (US$M)
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Latin America attapulgite market highlights
- The Latin America attapulgite market generated a revenue of USD 14,442.4 million in 2020.
- The market is expected to grow at a CAGR of 4.2% from 2021 to 2027.
- In terms of segment, oil & gas 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.
Latin America data book summary
| Market revenue in 2020 | USD 14,442.4 million |
| Market revenue in 2027 | USD 19,243.0 million |
| Growth rate | 4.2% (CAGR from 2020 to 2027) |
| Largest segment | Oil & gas |
| 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 98.4% of the global attapulgite market in 2020.
- Globally, Latin America is projected to lead the regional market in terms of revenue in 2027.
- MEA is the fastest growing regional market and is projected to reach USD 40.0 million by 2027.
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Attapulgite Market Scope
Attapulgite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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.
Oil & gas was the largest segment with a revenue share of 27.11% in 2024. Horizon Databook has segmented the Latin America attapulgite market based on oil & gas, fertilizer & agrochemicals, chemicals, pet waste absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
The region is likely to witness gradual growth in terms of demand for attapulgite over the forecast period. The key countries of the region, including Brazil, Argentina, and Chile, are likely to face tough times ahead due to the projected contraction in their respective GDPs in FY 2020.
As per the statistics released by the Chilean Central Bank, the GDP of the country is estimated to contract between 5.5% and 7.5% in FY 2020. Similarly, Argentina’s GDP is predicted to contract by nearly 12% in FY 2020. These harsh macroeconomic trends are likely to restrain the growth of attapulgite market in Central & South America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America attapulgite market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America Attapulgite Market Outlook Share, 2024 & 2030 (US$M)
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