South Africa Attapulgite Market Size & Outlook, 2024-2030
South Africa attapulgite market, 2018-2030 (US$M)
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South Africa attapulgite market highlights
- The South Africa attapulgite market generated a revenue of USD 3,014.4 million in 2020 and is expected to reach USD 4,179.7 million by 2027.
- The South Africa market is expected to grow at a CAGR of 4.8% 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 3,014.4 million |
| Market revenue in 2027 | USD 4,179.7 million |
| Growth rate | 4.8% (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, South Africa accounted for 20.5% of the global attapulgite market in 2020.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa attapulgite market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,179.7 million by 2027.
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Attapulgite Market Scope
Attapulgite Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 35.01% in 2024. Horizon Databook has segmented the South Africa attapulgite market based on oil & gas, fertilizer & agrochemicals, chemicals, pet waste absorbents covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa attapulgite market is likely to witness slow growth over the forecast period. The use of the product in ferrochrome pelletizing was totally replaced by bentonite powder, which resulted in a decrease in demand since 2012. The remaining demand was largely catered by the chemical sector of the country, which remained largely focused on making value-added products
With the outbreak of coronavirus disease and economic activities coming to halt, attapulgite market in South Africa is likely to witness a negative trajectory in terms of demand in FY 2020. As per the domestic government database, the GDP of the country is projected to contract by 7.2% in 2020. In addition, the domestic mining and quarrying industry witnessed a decline of nearly 21.5% over the first half of 2020. Owing to the macroeconomic conditions, attapulgite market in South Africa is projected to witness stagnant growth in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa attapulgite market , including forecasts for subscribers. This country databook contains high-level insights into South Africa attapulgite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa attapulgite market size, by end-use, 2018-2030 (US$M)
South Africa Attapulgite Market Outlook Share, 2024 & 2030 (US$M)
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