Asia Pacific Bentonite Market Size & Outlook, 2023-2030
Asia Pacific bentonite market, 2018-2030 (US$M)
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Asia Pacific bentonite market highlights
- The Asia Pacific bentonite market generated a revenue of USD 792.9 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, sodium bentonite was the largest revenue generating product in 2023.
- Calcium Bentonite is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 792.9 million |
| Market revenue in 2030 | USD 1,236.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Sodium bentonite |
| Fastest growing segment | Calcium Bentonite |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sodium Bentonite, Calcium Bentonite, Other Products |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.5% of the global bentonite market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,236.4 million by 2030.
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Bentonite Market Scope
Bentonite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bentonite 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 bentonite market will help companies and investors design strategic landscapes.
Sodium bentonite was the largest segment with a revenue share of 63.72% in 2023. Horizon Databook has segmented the Asia Pacific bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to register fastest growth at an estimated CAGR of 4.6% from 2016 to 2024 owing to growing exports and domestic demand for bentonite clay. China is one of the largest producers of bentonite after the U.S.
In addition, growth in the oil & gas and cosmetics sectors primarily in developing economies including India and China are likely propel demand for bentonite clay over the next eight years.
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Target buyers of Asia Pacific bentonite market databook
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Our clientele includes a mix of bentonite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bentonite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bentonite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific bentonite market size, by country, 2018-2030 (US$M)
Asia Pacific Bentonite Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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