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