Russia Bentonite Market Size & Outlook, 2023-2030
Russia bentonite market, 2018-2030 (US$M)
Related Markets
Russia bentonite market highlights
- The Russia bentonite market generated a revenue of USD 27.4 million in 2023 and is expected to reach USD 39.5 million by 2030.
- The Russia market is expected to grow at a CAGR of 5.4% 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 27.4 million |
| Market revenue in 2030 | USD 39.5 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 |
Other key industry trends
- In terms of revenue, Russia accounted for 1.1% 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 Europe, Turkey bentonite market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 227.4 million by 2030.
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Bentonite Market Scope
Bentonite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 63.87% in 2023. Horizon Databook has segmented the Russia bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Russia has one of the qualitative deposit of sodium bentonite in the world, located in the Azerbaijani Republic. Bentonite is majorly used in the metallurgical, foundry and oil & gas industry.
Russia employs numerous research works for the investigation of clay mineral physicochemical, developing methods for processing & recovery of the clay and development of new type of production technique.
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Target buyers of Russia 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 Russia bentonite market , including forecasts for subscribers. This country databook contains high-level insights into Russia bentonite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Russia bentonite market size, by product, 2018-2030 (US$M)
Russia Bentonite Market Outlook Share, 2023 & 2030 (US$M)
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