New York, Bentonite is a naturally-occurring clay material that is composed primarily of montmorillonite. It forms from weathering of volcanic ash, and is typically found in areas with high concentrations of volcanic activity. The clay is usually white or gray in color, but can also be green, red, or yellow. When wet, bentonite swells and can absorb large amounts of water. This property makes it useful in a variety of industrial and environmental applications, such as drilling mud, foundry sand, binder for pelletizing iron ore, and as a sealant for landfill liners.
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Key Trends
The major trends in bentonite technology are focused on improving the efficiency of bentonite production and developing new applications for bentonite products.
Bentonite production has traditionally been a manual process, but new technologies are emerging that can automate bentonite production. One such technology is pelletizing, which is a process that forms bentonite into small pellets that can be easily transported and stored.
Pelletizing bentonite can increase its efficiency and reduce costs. In addition, pelletized bentonite can be used in new applications, such as in the construction industry as grout or in the oil and gas industry as a fracking fluid.
Key Drivers
The key drivers of the bentonite market are its unique properties and its wide range of applications.
Bentonite is a naturally occurring clay material that is composed of the mineral montmorillonite. It is typically pale to grey in color, and it has a very fine, flour-like texture.
Bentonite is also used in a variety of other industries, including cosmetics, pharmaceuticals, and food. Its absorbent properties make it an effective ingredient in many skin care products.
The global bentonite market is expected to grow at a moderate rate during the forecast period. The growing demand from the construction and drilling industries is the major factor driving the market growth.
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Market Segments
The bentonite market is segmented by product, application, and region. By product, the market is classified into sodium, calcium, and others. Based on application, it is bifurcated into foundry sands, iron ore pelletizing, cat litter, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global bentonite market includes players such as AMCOL International, Wyo Ben Inc., Midpoint Chemicals Company, M-I Swaco, Volclay International, Kemira, Alfa Aesir, Charles B. Crystal Co. Inc., Cimbar, Amsyn Inc., and others.
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