Bentonite Market - Global Industry Analysis 2016 - 2024
The global bentonite market was adversely impacted by the economic downturn in 2008-2009. However, the market for bentonite recovered in 2010 and is expected to demonstrate positive growth rate in the future due to the increasing importance of bentonite in the oilfield industry. Bentonite finds its application in drilling fluids and oilwell cement applications. The increasing demand for bentonite from oilfield industry will continue to drive this market. Bentonite is also gaining popularity in several end-use industries as an external and internal cleanser. The strong demand for bentonite from food, cosmetic, pharmaceutical, and surfactants industry will fuel the global bentonite market. Furthermore, a large volume of bentonite is used for manufacturing rubber tire, cleansers, and sprays. The global bentonite market is broadly segmented by application and geography. The report on global bentonite market presents a detailed analysis of this industry. Furth...
