QYR Market Research Global Bentonite market research report | Page 3
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• The name bentonite was first suggested in 1898 for clay
hosted by the Benton Shale in Wyoming. It was initially
described as clay formed by the alteration of volcanic ash,
but the most widely used commercial definition is that
bentonite is clay consisting essentially of smectite minerals
(usually montmorillonite) regardless of occurrence or origin.
• The global Bentonite market is valued at 1010 million US$ in
2017 and will reach 1220 million US$ by the end of 2025,
growing at a CAGR of 2.4% during 2018-2025.
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