China Bentonite Market Size & Outlook, 2024-2030
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China bentonite market highlights
- The China bentonite market generated a revenue of USD 308.0 million in 2023 and is expected to reach USD 479.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.4% 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.
Bentonite market data book summary
| Market revenue in 2023 | USD 308.0 million |
| Market revenue in 2030 | USD 479.9 million |
| Growth rate | 7.4% (CAGR from 2024 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 |
| Key market players worldwide | Ashapura Group, Bentonite Performance Minerals, Black Hills Bentonite, Cimbar Performance Minerals, Clariant AG, Imerys, Kunimine Industries, Minerals Technologies Inc, Wyo-Ben |
Other key industry trends
- In terms of revenue, China accounted for 12.6% of the global bentonite market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bentonite market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 479.9 million by 2030.
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Bentonite Market Scope
Bentonite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wyo-Ben | View profile | 101-250 | Billings, Montana, United States, North America | https://www.wyoben.com |
| Kunimine Industries | View profile | 101-250 | Sumida, Tokyo, Japan, Asia | https://www.kunimine.co.jp/ |
| Black Hills Bentonite | View profile | 51-100 | Mills, Wyoming, United States, North America | https://bhbentonite.com |
| Bentonite Performance Minerals | View profile | 101-250 | Houston, Texas, United States, North America | https://www.bentonite.com |
| Cimbar Performance Minerals | View profile | 51-100 | Chatsworth, Georgia, United States, North America | https://www.cimbar.com/ |
| Ashapura Group | View profile | - | Mumbai, Maharashtra, India, Asia | http://ashapurabentonite.com |
| Imerys | View profile | 13909 | 43 quai de Grenelle, Paris, France, 75015 | https://www.imerys.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| Minerals Technologies Inc | View profile | 4027 | 622 Third Avenue, 38th Floor, New York, NY, United States, 10017-6707 | https://www.mineralstech.com |
China 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 64.84% in 2023. Horizon Databook has segmented the China bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Bentonite market in China is expected to witness significant growth owing to rising demand for cosmetics product in the country. Major players in the market such as BASF SE, Hindusthan M-I Swaco Limited and MidPoint Chemicals Company, LLC planned to expand their production that is expected to increase the supply and in turn helps in augment growth of the market over the forecast period.
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Target buyers of China 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 country-level data and insights on the China bentonite market , including forecasts for subscribers. This country databook contains high-level insights into China bentonite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China bentonite market size, by product, 2018-2030 (US$M)
China Bentonite Market Outlook Share, 2023 & 2030 (US$M)
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