Market revenue in 2020 | USD 129.3 million |
Market revenue in 2027 | USD 186.8 million |
Growth rate | 5.4% (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 |
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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.
Oil & gas was the largest segment with a revenue share of 28.77% in 2024. Horizon Databook has segmented the North 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.
In North America, the U.S. dominated the regional share of attapulgite industry in 2019. Humongous domestic oil & gas demand is likely to drive the demand for attapulgite over the forecast period. The use of attapulgite as an additive to control slurry weight and volume is likely to emerge as the key application category within the U.S. oil & gas industry.
In addition, the steady growth in oil production in the U.S. since 2008 has proved to be a positive indicator, thereby ultimately promoting the regional growth for attapulgite industry. However, the coronavirus outbreak in the region and rising number of cases in the U.S. are likely to restrain the market transaction over a short term.
Moreover, crashing international oil prices are projected to lay their weight on regional oil & gas sector, thereby slowing the attapulgite consumption in FY 2020. The market indicators are likely to rebound by 2021 as the regional economic condition normalizes itself to this new world of the pandemic.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America attapulgite market , including forecasts for subscribers. This continent databook contains high-level insights into North America attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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