Market revenue in 2023 | USD 42.9 million |
Market revenue in 2030 | USD 62.1 million |
Growth rate | 5.4% (CAGR from 2023 to 2030) |
Largest segment | Sodium bentonite |
Fastest growing segment | Calcium Bentonite |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sodium Bentonite, Calcium Bentonite, Other Products |
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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 bentonite market will help companies and investors design strategic landscapes.
Sodium bentonite was the largest segment with a revenue share of 64.1% in 2023. Horizon Databook has segmented the Brazil bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the fastest growing economies in Latin America, characterized by increased manufacturing and service sectors. Increasing investments and modernization in this country are likely to support bentonite market over the coming years.
Usefulness of this material is increasing owing to adoption in numerous industries such as chemicals, construction and automobiles. Increasing demand through export and advancements in technology for production of bentonite are the key factor that is expected to fuel the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil bentonite market , including forecasts for subscribers. This country databook contains high-level insights into Brazil bentonite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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