Market revenue in 2023 | USD 381.9 million |
Market revenue in 2030 | USD 591.5 million |
Growth rate | 6.4% (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 77.95% in 2023. Horizon Databook has segmented the U.S. bentonite market based on sodium bentonite, calcium bentonite, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Calcium bentonite is characterized by the ability to swell and absorb low water. Furthermore, sodium bentonite is characterized by the form viscous matter and absorb large amount of water.
Calcium bentonite is a useful adsorbent of ions in the oils, fats and solutions. On account of colloidal properties of sodium bentonite, it is used in drilling mud for boreholes and oil & gas wells.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. bentonite market , including forecasts for subscribers. This country databook contains high-level insights into U.S. bentonite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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