Energy Industry Analysis and Market Trends

With a few dominant players, the global market for bentonite demonstrates a slightly consolidated competitive landscape, states a new research study by Transparency Market Research (TMR). The top four players in this market, namely, Minerals Technologies Inc., Imerys SA, Clariant AG, and Ashapura Group, held more than 75% of the overall market in 2015. Read Report Overview @ https://www.transparencymarketresearch.com/bentonite-market.html Currently, the key players are aggressively focusing on the expansion of their capacity due to the soaring demand for bentonite across the world. As the demand is higher than supply, the market witnesses a high degree of competition within it. Over the coming years, these companies are likely to make strategic acquisitions in order to raise their share in the regional as well as the global market, reports the research study. As per TMR’s estimations, the opportunity in the global bentonite market is likely to increase at a CAGR of 3...

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...