Global Bentonite Market to hit US$1.95 bn by 2024 Bentonite Market | Page 2
Sulphur bentonite market size from foundry sand applications was valued at over
680 kilo tons in 2017. This product, along with aggregate and water is a major
ingredient of green sand, a hydrated mixture commonly used in the metal casting
industry. The product helps sand particles adhere to each other, imparts high green,
high & hot strength and possesses beneficial swell properties, which may boost
bentonite market growth.
Germany calcium bentonite market size from civil engineering applications may
register gains close to 4% during the foreseeable period. The country is witnessing
economy recovery, rising government investment on bridges & roads, declining
interest rates and a booming population which has led to a resurgence in the
construction sector. The product is commonly used in slurries owing to its ability to
stabilize & seal excavations, allowing easy replacement by concrete, cost reduction
and recycling which may accelerate bentonite industry growth.
China sodium bentonite market demand from refining applications may surpass USD
3 million by 2024. The country has witnessed rising crude oil imports pertaining to
increasing oil import quotas passed by the government and growing crude supply
from the booming North America shale industry. Acid-treated clay materials are
routinely used to bleach oil for removing contaminants such as iron & copper ions
which improves refining productivity and may boost bentonite market growth.
U.S. Sodium Bentonite Market Size, By Application, 2017 & 2024, (Kilo Tons)
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