#Sulfur Bentonite Market
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Sulfur Bentonite Market Analysis: Key Challenges and Opportunities
Rising Demand for Enhanced Soil Fertility and Crop Yield Fuels Growth in the Sulfur Bentonite Market.
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The Sulfur Bentonite Marketsize was valued at USD 144.8 million in 2023. It is anticipated to reach USD 224.4 million by the year 2032 with a projected CAGR of 5.0% during the forecast period of 2024-2032.
The global sulfur bentonite market is driven by increasing demand for sulfur-enriched fertilizers in agriculture. Sulfur bentonite is a highly efficient sulfur fertilizer that enhances soil quality, boosts crop yield, and aids in nutrient absorption. With the growing need for sustainable farming solutions, sulfur bentonite is emerging as a preferred choice among farmers and agribusinesses worldwide.
Key Players in the Sulfur Bentonite Market:
The major key players are Tiger Sul, Deepak Fertilizers, H Sulphur Corp, Devco Australia, Coogee Chemicals, National Fertilizer Limited, NTCS Group, Galaxy Sulfur, Chung Kwang, Coromandel International, and other key players mentioned in the final report.
Future Scope:
The sulfur bentonite market is expected to witness substantial growth due to increasing global food demand, declining soil fertility, and government initiatives promoting the use of sulfur-based fertilizers. Technological advancements in sulfur recovery processes and innovations in fertilizer formulations are also anticipated to drive market expansion. Additionally, rising awareness about sustainable agricultural practices will further propel market demand in the coming years.
Emerging Trends:
The sulfur bentonite market is seeing an upward trend with the increasing focus on soil health and sustainable farming. Farmers are shifting towards micronutrient-enriched fertilizers to improve crop productivity, leading to higher adoption of sulfur bentonite. Moreover, the introduction of precision agriculture techniques and customized fertilizer solutions is playing a crucial role in market growth. The Asia-Pacific region, particularly countries like India and China, is witnessing a surge in demand due to the expansion of the agricultural sector and supportive government policies. Furthermore, research and development efforts are leading to the production of high-efficiency sulfur bentonite fertilizers, enhancing their effectiveness and affordability.
Key Market Points:
Rising demand for sulfur-based fertilizers in agriculture is a major growth driver.
Technological advancements in sulfur recovery are enhancing product efficiency.
The Asia-Pacific region is expected to dominate the market due to increasing agricultural activities.
Sustainable farming initiatives are boosting the adoption of sulfur bentonite.
Key players are focusing on product innovation and strategic collaborations to expand their market presence.
Conclusion:
The sulfur bentonite market is poised for sustained growth as agriculture continues to demand nutrient-rich fertilizers for enhanced productivity. With increasing government support, rising awareness about soil health, and technological advancements, the market is expected to expand significantly. Key industry players are investing in innovation and strategic partnerships to meet evolving market demands, ensuring a promising future for sulfur bentonite in global agriculture.
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#Sulfur Bentonite Market#Sulfur Bentonite Market Size#Sulfur Bentonite Market Share#Sulfur Bentonite Market Report#Sulfur Bentonite Market Forecast
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Sulphur Bentonite Market Estimated to Experience a Hike in Growth by 2033
Sulphur bentonite is a type of bentonite that contains high levels of sulphur. It is usually white or off-white in color, and has a strong sulphur smell. Sulphur bentonite is used in a variety of industries, including agriculture, drilling, and foundry work. It is also used as a food additive and in some medical applications.
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Key Trends
The key trends in Sulphur Bentonite technology are the development of new products and processes to meet the needs of the agriculture industry, and the increasing use of Sulphur Bentonite in organic farming.
Sulphur Bentonite is a type of clay that is used as a fertilizer and soil amendment. It is made from bentonite clay and sulfur, and is used to improve the fertility and productivity of soils.
Sulphur Bentonite has been used for centuries to improve the fertility of soils. It was first used in ancient Mesopotamia, and later in ancient Egypt and Greece. Sulphur Bentonite was introduced to the United States in the early 1900s, and has been used extensively in agriculture since then.
The use of Sulphur Bentonite in agriculture has increased significantly in recent years, due to the increasing popularity of organic farming. Sulphur Bentonite is an approved organic fertilizer, and is allowed for use in organic farming in the United States.
Sulphur Bentonite is used as a fertilizer and soil amendment to improve the fertility and productivity of soils. It is made from bentonite clay and sulfur, and is used to improve the fertility and productivity of soils.
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Sulfur Bentonite Market to Register Stunning CAGR 5.75% between Forecast Period
Sulfur bentonite market size is expected to grow at a compound annual growth rate of 5.75% for the forecast period of 2021 to 2028. Data Bridge Market Research report on sulfur bentonite market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Sulphur bentonite is a type of…
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Sulfur Fertilizers Market Size And Forecast
Global SulfurFertilizers Market was valued at USD 5.73 billion in 2019 and is projected to reach USD 6.98 billion by 2027, growing at a CAGR of 2.7% from 2020 to 2027.
In the Global Sulfur Fertilizers Market report, the introduction covers the facts and figures collected from various authentic sources along with the in-house database. Our research team has gathered data in the form of charts, tables and diagrams to make it easy to for the clients to understand the market landscape.
The report studies the market dynamics to identify and scrutinize the strategic initiatives and tactics undertaken by the industry players in order to gain a robust footing in the market and to achieve a substantial global position. It provides exhaustive analysis and imparts insightful data to help the readers understand the Sulfur Fertilizers industry in detail and gain a competitive advantage over other players. The report also provides strategic recommendations to new and emerging players to help them formulate better entry and investment strategies.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include:
Koch Industries
Agrium
Uralchem
Yara
The Kugler Company
The Mosaic Company
Deepak Fertilisers and Petrochemicals
Coromandel International
Eurochem
ICL
Potash Corp. of Saskawatchen
K+S Aktiengesellschaft
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The report offers a comprehensive analysis of the Sulfur Fertilizers market inclusive of product portfolio, categories, applications, and a comprehensive analysis of the value chain structure. The study investigates several factors influencing the growth of the market and provides a competitive advantage to the readers.
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The global Sulfur Fertilizersmarket is segmented on the type, formulation, application method, crop type and region. 1. By Type: 1.1 Sulfate Fertilizers 1.1.1 Ammonium Sulfate 1.1.2 Potassium Sulfate 1.1.3 Single Superphosphate 1.1.4 Potassium Magnesium Sulfate 1.1.5 Calcium Sulfate 1.1.6 Ammonium Phosphate Sulfate 1.1.7 Others 1.2 Elemental Sulfur Fertilizers 1.2.1 Elemental Sulfur 1.2.2 Sulfur Bentonite 1.2.3 Others 1.2.4 Sulfates of Micronutrients 1.2.5 Copper 1.2.6 Iron 1.2.7 Zinc 1.2.8 Manganese 1.2.9 Others 1.3 Others
2. By Formulation: 2.1 Liquid 2.2 Dry
3. By Application Method: 3.1 Band 3.2 Broadcast 3.3 Seed RoW 3.4 Foliar 3.5 Others
4. By Application Method: 4.1 Conventional Agriculture 4.1.1 Cereals and Grains 4.1.2 Oilseeds and Pulses 4.1.3 Fruits and Vegetables 4.1.4 Others 4.2 Controlled Environment Agriculture
The report covers an extensive regional analysis and market estimation in each region and covers key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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#Sulfur Fertilizers Market Size#Sulfur Fertilizers Market Share#Sulfur Fertilizers Market Scope#Sulfur Fertilizers Market Trends#Sulfur Fertilizers Market Outlook#Sulfur Fertilizers Market Forecast
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Global Sulphur Bentonite Market Research Key Players, Comprehensive Analysis, And Forecast, 2020 – 2026
Introduction
One of the most important concentrated sulphur sources is sulphur bentonite.
Sulfur deficiency is said to be prevalent in Indian soils. Sulfur Bentonite, for the record, is made up of 90% sulphur and 10% Bentonite clay. Furthermore, after being added to soils, the substance serves as a dispersing agent. Organic fertilisers based on Sulfur Bentonite are used to boost the anti-oxidant activity of red onions, according to NCBI.
The COVID-19 pandemic had a minor influence on the chemical and materials sectors. Because to the lockdown, several production facilities in numerous countries were completely shut down, which had a direct influence on sulphur bentonite sales. The pandemic, on the other hand, resulted in a significant increase in demand for crops, vegetables, and other food-producing plants.
This increase ensures that the plant and agricultural sources are appropriately provided with the essential nutrients in order to preserve the excellent quality of food produced. As a result, the market for sulphur bentonite was spared from further decline.
Dynamics of Market Growth
The necessity to remove sulphur deficiency from soil in order to improve the yield of corns, apples, potatoes, apples, oranges, soybeans, tea, and coffee is credited to the market’s expansion during the projection timeline. The compound’s widespread application in wastewater treatment, desalination, and food and beverage production will increase market trends. In addition, the growing need for sulfur-fortified fertilisers to support increased crop cultivation will present new potential opportunities for the Sulfur Bentonite market in the coming years. The compound’s oxidative property, it appears, aids in limiting soil nutrient loss without posing any environmental risks, which will drive market expansion during the projection period.
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By 2026, North America will have made significant contributions to overall market revenue.
The region’s market expansion throughout the forecast period can be attributed to high demand for the product in order to achieve high crop yields. Furthermore, in nations such as Canada, its use has been reported to promote crop health. Apart from that, the subcontinent is the largest production and user of the chemical, with Canada topping the way. Furthermore, the United States is expected to produce significant demand for soybeans and corns, resulting in increased product penetration in the country. All of the aforementioned elements are expected to boost the region’s commercial growth in the next years.
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Sulphur Bentonite Markey by Category
The groundwork for market segmentation is laid in this course.
Oilseeds
Cereals, Pulses, and Crops
Fruits and Vegetables Lawn, Turfs, Trees, and Others
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What is bitumen? Everything about bitumen definition and types.
What is bitumen?
Bitumen is a blackish-brown viscous liquid or semisolid. It is generally composed of asphaltene resin and other petroleum compounds. Differences in the composition of bitumen components lead to differences in properties.
Origin of bitumen
Bitumen is found in nature and also can be extracted from crude oil.
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1- Bitumen of natural origin
In the past, the remains of living organisms were buried by shale, sand, and carbonate sediments, in swamps and other aquatic environments. These residues were converted to natural bitumen under the pressure of the upper sedimentary layers and temperatures above 50 °C.
Bitumen is now found beneath hills and oil lakes. Most of the bitumen resources are in Canada, Venezuela, and Oman. There are also natural bitumen mines in the west of Iran.
Natural bitumen has many impurities including sulfur and heavy metals. The cost of extracting and using this bitumen is higher than the bitumen obtained from crude oil.
Another name for natural bitumen is Gilsonite or Bentonite. It is usually used as a waterproofing coating.
2. Crude oil distillation
Most of the industry’s needs for bitumen are met by crude oil. Crude oil is a mixture of different compounds that is separated by a distillation tower.
The distillation tower has a diameter of 65 cm and a height of 6 m. Inside, there are special trays at different heights. The steam from the heated oil on these trays is liquefied and then released. The remnants of the distillation tower, called vacuum bath, are transferred to another tower to be processed and turned into bitumen.
In the distillation tower, different types of bitumen, including viscous and bitumen, are produced by blowing air into the vacuum bath. The main application of these bitumens is in road construction.
What is the difference between bitumen, tar, and asphalt?
In the United States, the words bitumen and asphalt are synonymous, but in general, asphalt means the composition of stone grains and bitumen, as a binder, that is used for road construction.
Bitumen is a hydrocarbon substance. It is found naturally or comes through refining processes from crude oil.
Tar is also a dark hydrocarbon material. But the difference between tar and bitumen is in the origin of their production. The tar is obtained through a special distillation process from wood or coal. Coal-based tar is high in benzene, which is carcinogenic.
Tar is mostly used in road construction. The tar wood has been used for thousands of years in northern Europe to waterproof boats, among other uses. Coal fiber and wood also have medicinal properties and are used to treat psoriasis and eradicate germs.
There is always concern about cancer associated with coal tar because of the high levels of benzene.
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Sulfur Bentonite Market
In 2021, the Global Sulfur Bentonite Market’s size was valued at USD XX.XX billion and is estimated to reach USD xx. xx billion by 2028 and is expected to be growing at a CAGR of 5.7 % throughout the forecast period. In this report, 2021 has been taken as the base year while 2020 is the historical year. The forecast year for the report is 2028 to approximate the size of the market for Sulfur Bentonite.
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Icon Market Research’s report on Sulfur Bentonite studies the past and current opportunities of growth and trends to get a clear picture of the growth indicators of the market for the forecast period 2021 to 2028.
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Unexpected Growth Seen in Sulfur Bentonite Market from 2020 to 2028
“Sulfur Bentonite Market Forecast to 2028 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market.
The global Sulfur Bentonite market is segmented on the basis of offering, component, building type. Based on offering, the Sulfur Bentonite market is segmented into solution and services. On the basis of component, the market is segmented into security & surveillance, asset management, sales & advertisement, and others. Whereas, based on end-user industry the market is divided into residential and non-residential. Get Sample Copy of This Report:
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Sulfur bentonite market size is expected to grow at a compound annual growth rate of 5.75% for the forecast period of 2021 to 2028. Data Bridge Market Research report on sulfur bentonite market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Sulphur bentonite is a type of a micronutrient and forms one of the essential constituents of amino acids, used vitally in improving metabolic functions of plants. It also helps to enhance the effectiveness of several other nutrients that are essential for a good crop yield.
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Global Sulfur Bentonite Market by Geography: Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) North America (the United States, Mexico, and Canada.) South America (Brazil etc.) The Middle East and Africa (GCC Countries and Egypt.)
COVID-19 Impact Analysis: The outburst of the Covid-19 pandemic crisis in the global Sulfur Bentonite market has expressively impacted the infrastructure in overall market in 2021. This pandemic crisis has brought the impact on various industries in different ways like disruption of the supply chain, shutdown of the manufacturing processes and manufacturing plants, all indoor events restricted, over forty countries state of emergency declared, stock market volatility and uncertainty about future. This global Sulfur Bentonite market research report covers the new survey on the Covid-19 impact on the Sulfur Bentonite market, which helps the marketers to find latest market dynamics, new development in the market and in the industry, along with this, this survey also helps to form the new business plans, product portfolio and segmentations.
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This analysis provides evaluation for altering competitive dynamics: • This thorough Sulfur Bentonite analysis of this shifting contest dynamics and keeps you in front of competitions; • Six-year prediction assessment primarily based mostly on the way the sector is anticipated to development; • Precisely which Sulfur Bentonite application/end-user kind or Types can observe incremental increase prospects; • Which trends, barriers, and challenges could impact the development and size of Sulfur Bentonite economy; • It helps to know that the vital product-type sections along with their growth;
Fundamentals of Table of Content: 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.5 Market by Application 1.6 Study Objectives 1.7 Years Considered 2 Global Growth Trends 2.1 Sulfur Bentonite Market Size 2.2 Sulfur Bentonite Growth Trends by Regions 2.3 Industry Trends 3 Market Share by Key Players 3.1 Sulfur Bentonite Market Size by Manufacturers 3.2 Sulfur Bentonite Key Players Head office and Area Served 3.3 Key Players Sulfur Bentonite Product/Solution/Service 3.4 Date of Enter into Sulfur Bentonite Market 3.5 Mergers & Acquisitions, Expansion Plans 4 Breakdown Data by Product 4.1 Global Sulfur Bentonite Sales by Product 4.2 Global Sulfur Bentonite Revenue by Product 4.3 Sulfur Bentonite Price by Product 5 Breakdown Data by End User 5.1 Overview 5.2 Global Sulfur Bentonite Breakdown Data by End User
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Global Sulphur Bentonite Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027
Sulphur Bentonite is an absorbent aluminium phyllosilicate clay consisting mostly of montmorillonite. Sulphur Bentonite, is a yellow brown pastille.
Global Sulphur Bentonite key players include Tiger-Sul, Inc., Aries (Amarak Chemicals), National Sulfur Fertilizer, Sohar Sulphur Fertilizers (SSF), etc. Global top four manufacturers hold a share about 40%.
Asia-Pacific is the largest market, with a share over 35%, followed by North America and Sorth America, both have a share about 40 percent.
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In terms of product, Sulphur-90% is the largest segment, with a share over 90%. And in terms of application, the largest application is Cereals and Crops, followed by Cereals and Crops, Fruits and Vegetables, etc.
Market Analysis and Insights: Global Sulphur Bentonite Market
In 2020, the global Sulphur Bentonite market size was US$ 161.1 million and it is expected to reach US$ 277.7 million by the end of 2027, with a CAGR of 8.1% during 2021-2027.
Global Sulphur Bentonite Scope and Market Size
Sulphur Bentonite market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Sulphur Bentonite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Sulphur Bentonite market is segmented into
Sulphur-90%
Others (Sulphur-85% etc.)
Segment by Application, the Sulphur Bentonite market is segmented into
Oilseeds
Cereals and Crops
Fruits and Vegetables
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Sulphur Bentonite Market Share Analysis
Sulphur Bentonite market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Sulphur Bentonite product introduction, recent developments, Sulphur Bentonite sales by region, type, application and by sales channel.
The major companies include:
Tiger-Sul
Aries (Amarak Chemicals)
National Fertilizer Limited (NFL)
DFPCL
National Sulfur Fertilizer
NEAIS (Said Ali Ghodran Group)
Sohar Sulphur Fertilizers (SSF)
H Sulphur Corp
Indian Farmers Fertiliser Cooperative Limited (IFFCO)
Coogee Chemicals
Coromandel International Limited
Zafaran Industrial Group
Abu Dhabi Fertilizer Industries
Devco Australia
Chung Kwang
NTCS Group
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Table of content
1 Study Coverage 1.1 Sulphur Bentonite Product Introduction 1.2 Market by Type 1.2.1 Global Sulphur Bentonite Market Size Growth Rate by Type 1.2.2 Sulphur-90% 1.2.3 Others (Sulphur-85% etc.) 1.3 Market by Application 1.3.1 Global Sulphur Bentonite Market Size Growth Rate by Application 1.3.2 Oilseeds 1.3.3 Cereals and Crops 1.3.4 Fruits and Vegetables 1.3.5 Others 1.4 Study Objectives 1.5 Years Considered 2 Executive Summary 2.1 Global Sulphur Bentonite Market Size Estimates and Forecasts 2.1.1 Global Sulphur Bentonite Revenue 2016-2027 2.1.2 Global Sulphur Bentonite Sales 2016-2027 2.2 Sulphur Bentonite Market Size by Region: 2021 Versus 2027 2.3 Sulphur Bentonite Sales by Region (2016-2027) 2.3.1 Global Sulphur Bentonite Sales by Region: 2016-2021 2.3.2 Global Sulphur Bentonite Sales Forecast by Region (2022-2027) 2.3.3 Global Sulphur Bentonite Sales Market Share by Region (2016-2027) 2.4 Sulphur Bentonite Market Estimates and Projections by Region (2022-2027) 2.4.1 Global Sulphur Bentonite Revenue by Region: 2016-2021 2.4.2 Global Sulphur Bentonite Revenue Forecast by Region (2022-2027) 2.4.3 Global Sulphur Bentonite Revenue Market Share by Region (2016-2027) 3 Global Sulphur Bentonite by Manufacturers 3.1 Global Top Sulphur Bentonite Manufacturers by Sales 3.1.1 Glo
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#Sulfur Bentonite Market#Sulfur Bentonite Market Size#Sulfur Bentonite Market Share#Sulfur Bentonite Market Report#Sulfur Bentonite Market Analysis
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Bentonite Market Size, Segment | Value Share, Leading Players and Forecast to 2027
Bentonite Market Overview
Bentonite is a commercially used name for naturally occurring clay which significantly consists of montmorillonite. It is formed from weathering of volcanic ash. Bentonite clay has high water absorption capacity which expand it and leading to swelling. In addition, it possesses superior plasticizing properties which are used in filling the void and parching cracks. Moreover, they are used in numerous applications as a binder, sealants, adsorbent, and absorbent.
According to MRFR analysis, the Global Bentonite Market is projected to reach USD 1.62 Billion with a moderate CAGR of 4.1% during the forecast period.
Based on product, the global bentonite market has been segmented into sodium bentonite, calcium bentonite, sulfur bentonite, and others. The sodium bentonite segment held the largest market share in 2018 and is projected to register the highest CAGR during the review period. This is attributed to its ability to absorb large amounts of water, high alkalinity, thermal stability, high viscosity, and high strength formation and is used in the foundry industry as a binder to enhance the product quality and reduce scrap generation.
On the basis of application, the global bentonite market has been classified into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others. The foundry sands segment dominated the global market in 2018 which was followed by drilling fluids and iron pelletizing application segments. This is largely attributed to its increasing adoption in foundry molds for the metal casting of utility hole covers, transmission housings, brake drums, engine blocks, cast iron pans, among others.
By end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and beverages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics. The oil and gas segment accounted for the largest market share in 2018 and is followed by construction and cosmetics owing to the growing demand for bentonite in drilling fluids applications.
Bentonite Market Competitive Analysis
Black Hills Bentonite, LLC (US), Halliburton (US), Kemira (Finland), CB Minerals (US), Minerals Technologies Inc (US), Clariant (Switzerland), Alfa Aesar (US), KUNIMINE INDUSTRIES CO., LTD (Japan), Ashapura Group (India), Wyo-Ben, Inc. (US), Pacific Bentonite Ltd. (Canada), Delmon Group of Companies (UAE), CIMBAR PERFORMANCE MINERALS (US), LKAB Minerals (Sweden), and Kutch Minerals (India) are some of the key players operating in the global bentonite market.
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Market Segmentation
The global bentonite market has been segmented on the basis of product, application, end-use industry, and region.
By product, the global bentonite market has been divided into sodium bentonite, calcium bentonite, sulfur bentonite, and others.
Based on application, the global bentonite market has been segmented into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others.
On the basis of end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and beverages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics.
The global bentonite market has been studied across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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The market is mainly driven by increasing concerns regarding poor sulfur content in the soil. Sulfur produces chlorophyll in plants, which is essential for absorbing nutrients through the process of photosynthesis. It also accelerates biochemical reactions in plants through the activation of enzymes to boost their immunity. Bentonite is used as a binding agent during product manufacturing and acts as a dispersing agent after the addition of the fertilizer to the soil. It aids in soil improvement by refining physical properties, strong water and nutrient retention capacity, and by the absorption of toxic elements. In-Depth research report on Sulfur Bentonite market: https://www.radiantinsights.com/research/sulfur-bentonite-market Oilseeds application led the Sulfur bentonite market with a volume share of 45.2% in 2018. The product helps the formation of sulfhydryl linkage in oil seeds, which is an important source of pungency in oils, hence improving the overall quantity and quality of the seeds produced. However, fruits and vegetables segment is anticipated to witness a lucrative CAGR of 5.1%, in terms of volume, over the forecast period. The market value chain is characterized by the integration of players across diverse stages, majorly product manufacturers and end users, which results in the continuous supply of raw materials and lower cost of manufacturing. Companies such as Tiger-Sul, Montana Sulphur & Chemical Co., Coromandel International, and Devco Australia are integrated across the value chain. These companies manufacture various grades of sulfur bentonite fertilizer for global distribution. Further key findings from the report suggest: • Fruits and vegetables application accounted for a volume share of 21.9% in 2018 and is expected to witness the fastest growth over the forecast period • Asia Pacific was the largest market for sulfur bentonite, accounting for 29.7% share, by revenue, in 2018. It is expected to expand at a CAGR of 6.2% from 2019 to 2025 • Major companies operating in the market continuously invest in R&D to improve the product quality. These companies have a strong foothold and better established and well recognized brands which make it difficult for the new players to compete in the market • In 2017, Coromandel International Limited expanded its phosphoric acid production capacity by 300 tons per day and the capacity of other auxiliary facilities located at Sriharipuram to 9,900 tons per day. To get free request sample: https://www.radiantinsights.com/research/sulfur-bentonite-market/request-sample
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Bentonite Market Size: Demand, Segments, and Industry Analysis by 2024
Bentonite is a commercially used name for naturally occurring clay which significantly consists of montmorillonite. It is formed from weathering of volcanic ash. Bentonite clay has high water absorption capacity which expand it and leading to swelling. In addition, it possesses superior plasticizing properties which are used in filling the void and parching cracks. Moreover, they are used in numerous applications as a binder, sealants, adsorbent, and absorbent.
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According to MRFR analysis, the Global Bentonite Market is projected to reach USD 1.62 Billion with a moderate CAGR of 4.1% during the forecast period.
Based on product, the global bentonite market has been segmented into sodium bentonite, calcium bentonite, sulfur bentonite, and others. The sodium bentonite segment held the largest market share in 2018 and is projected to register the highest CAGR during the review period. This is attributed to its ability to absorb large amounts of water, high alkalinity, thermal stability, high viscosity, and high strength formation and is used in the foundry industry as a binder to enhance the product quality and reduce scrap generation.
On the basis of application, the global bentonite market has been classified into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others. The foundry sands segment dominated the global market in 2018 which was followed by drilling fluids and iron pelletizing application segments. This is largely attributed to its increasing adoption in foundry molds for the metal casting of utility hole covers, transmission housings, brake drums, engine blocks, cast iron pans, among others.
By end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and beverages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics. The oil and gas segment accounted for the largest market share in 2018 and is followed by construction and cosmetics owing to the growing demand for bentonite in drilling fluids applications.
Market Segmentation
The global bentonite market has been segmented on the basis of product, application, end-use industry, and region.
By product, the global bentonite market has been divided into sodium bentonite, calcium bentonite, sulfur bentonite, and others.
Based on application, the global bentonite market has been segmented into foundry sands, cat litter, iron ore pelletizing, refining, drilling muds, absorbent/adsorbent, binder, sealant, civil engineering, and others.
On the basis of end-use industry, the global bentonite market has been categorized into pharmaceuticals, construction, oil and gas, food and beverages, cosmetics, paper and pulp, agriculture, wastewater treatment, and ceramics.
The global bentonite market has been studied across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Competitive Analysis
Black Hills Bentonite, LLC (US), Halliburton (US), Kemira (Finland), CB Minerals (US), Minerals Technologies Inc (US), Clariant (Switzerland), Alfa Aesar (US), KUNIMINE INDUSTRIES CO., LTD (Japan), Ashapura Group (India), Wyo-Ben, Inc. (US), Pacific Bentonite Ltd. (Canada), Delmon Group of Companies (UAE), CIMBAR PERFORMANCE MINERALS (US), LKAB Minerals (Sweden), and Kutch Minerals (India) are some of the key players operating in the global bentonite market.
Regional Analysis
Geographically, the global bentonite market has been studied across the five regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The North American market witnessed the largest market share in 2018 and is projected to grow at steady CAGR during the forecast period owing to growing drilling operations for extraction of shale gas in the region. The US is the leading country in the region on account of high demand for bentonite in drilling activities, pharmaceuticals, and wastewater treatment. Asia-Pacific is estimated to be the fastest-growing market during the assessment period owing to the growing demand for the product in iron pelletizing, food and beverages, pulp and paper, and ceramics industries. India is the leading country in the region owing to the presence of major manufacturers in the country such as Ashapura Group and Kutch Minerals; and growing construction activities. China, Japan, and South Korea are other countries contributing to the regional market growth.
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