TMR_Research_Reports_2017 To Reach Us$ 1.85 Bn By 2024 | TMR | Page 4

Bentonite Market The scenario is anticipated to remain so over the forecast period, impacting the worldwide bentonite market greatly. The continued demand for iron casting from the automotive and the heavy equipment manufacturing industries and the rise in the cosmetics and personal care industry are also projected to boost this market substantially over the next few years. However, the decline in the demand for IOP grade bentonite in China and the Sluggish growth of the oil and gas industry may hamper the market’s progress in the years to come, states the report. Xanthan gum produced in Austria and China are of inferior quality and are sold at cheaper prices than in the international market. This paved way for an anti-dumping duty on its imports to the U.S., which subsequently led to a decline in the prices of Asian xanthan gum due to oversupply in the rest of the international market. The declining prices are adversely affecting the overall revenue generation of the global market. In addition, the quality concerns over Asian xanthan gum are limiting their widespread adoption. However, the growing preference for gluten-free bakery products is likely to act as a light at the end of the tunnel for xanthan gum manufacturers over the coming years. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/bentonite-market.htm TABLE OF CONTENT 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Bentonite Market Size, By Market Value (US$ Mn) and Market Volume (Kilo Tons) 4 Transparency Market Research