The Asia Pacific bentonite market is currently valued at around USD 65,706.9 Thousand and is anticipated to expand at a CAGR of 5.9% to reach USD 116,799.7 Thousand by 2032. Growing demand for bentonite is expected to be driven by sectors such as personal care, pharmaceutical, and agrochemical.
FMI forecasts that the Asia Pacific bentonite market is projected to register year-on-year growth of 5.0% in 2022. Increasing consumption of bentonite in applications such as dermatological solutions, soil treatment, thickener, and absorbent in skin and hair care products is expected to boost the demand over the forecast period.
| Attribute | Details |
|---|---|
| Base Year Value (2021A) | USD 62,602.1 Thousand |
| Estimated Year Value (2022E) | USD 65,706.9 Thousand |
| Projected Year Value (2032F) | USD 116,799.7 Thousand |
| Value CAGR (2022 to 2032) | 5.9% |
| Collective Value Share: Top 3 Countries In Asia (2022E) | 86.6% |
Demand for bentonite grew at a 2.2% CAGR between 2017 and 2021 in Asia Pacific. Owing to its extensive consumption in various applications, the market is anticipated to expand at a considerable rate over the assessment period. Increasing consumption of bentonite is projected to propel sales at 5.9% CAGR over the forecast period.
Bentonite has high absorption properties, high alkalinity, and antibacterial properties. Furthermore, it enhances soil microbial properties. The increasing need for food crops is propelling sales of bentonite in the agricultural sector. The high commercial potential of bentonite as a catalyst to promote chemical reactions and the use of bentonite in wastewater treatment is anticipated to create opportunities for growth in the forthcoming years.
The combination of bentonite and cyclodextrin has the potential to promote a variety of chemical reactions in aqueous solutions under ultra-sonication, including the synthesis of xanthan, knoevenagel condensation, and octal hydro quinazolinones. It can also function as a catalyst in esterification reactions.
In the chemical industry, a catalyst is extremely important. The chemical sector is expanding due to the strong demand for specialty and commodity chemicals, which will provide opportunities for growth in the bentonite market.
According to the latest study conducted by Food and Drug Administration on a bentonite sample, bentonite can have high levels of lead in it. Lead is a naturally occurring metal and bentonite tends to absorb it. High lead composition in bentonite can cause metal poisoning in the human body which can lead to death. Various government authorities and regulatory bodies are planning to put regulations on the sales and production of bentonite regarding lead content.
Bentonite is a natural material and is it is extracted from mines around the world. Owing to this there are various federal laws and government rules for the mining operation and exploration activities. For exploration activity and mining operations, government approval is required.
Owing which various government authorities and regulatory bodies are planning to put regulations on the sales and production of bentonite regarding lead content in it. Which is expected to hamper sales over the upcoming assessment period of 2022 to 2032.
Expansion in the Pharmaceutical Sector Will Boost Sales of Bentonite in China
China is the second-largest pharmaceutical market in the world. The government is increasing investment in the medical sector. Bentonite is used in the production of OTC Lotions, oral care, and various other pharmaceutical products. Growing investment in the pharmaceutical sector is expected to bolster the sales of bentonite over the forecast period in China.
The cosmetics and personal care sectors are growing sectors in China. Bentonite is used in a wide range of applications in the cosmetic industry. Bentonite has features such as excellent water absorption capacity, detoxification, and acne treatment, which make it ideal for personal care and cosmetics products.
High Popularity of Bentonite Clay Masks Will Fuel Growth
Bentonite offers high absorption capacity, and detoxifying ability, and helps in removing dirt. Owing to this reason it is widely used in the personal care industry for various applications. It is used as a thickener, absorbent, filler, texturizer, and binder in skin and hair care products and color cosmetics. Furthermore, it is used as a healing ingredient to treat diaper rash and clean impurities.
Individuals are indulging in self-care activities at home and are preferring natural ingredients, due to which, demand for personal care products & consumption of bentonite is expected to grow. In addition to this, bentonite clay masks are gaining popularity across the globe and are being preferred by individuals with acne-prone skin.
Sales of bentonite in the personal care sector are expected to increase at a CAGR of 6.3% over the forecast period and reach about USD 31,548.6 Thousand by the end of 2032.
Expansion of the Agricultural Sector in India and China Will Spur Demand for Bentonite
Bentonite improves soil microbial properties. Organic compounds present in soil accelerate the mineralization of organic matter and disrupt the natural metabolic process of soil organisms. Bentonite with a combination of manure can be effective to maintain or increase the soil organic matter sustainably.
Bentonite clay has a nutrient-holding capacity for soils. Its 2:1 lattice structure allows it to absorb a lot of water. It can be found in abundance and is simple to process and mine, making it less expensive than alternatives.
Demand in the agricultural sector is expected to grow at a CAGR of 5.5% during the forecast period, reaching USD 16,304.1 Thousand by 2032.
Key players operating in the Asia Pacific bentonite market are focusing on acquisitions and expansion strategies to increase revenue. They are also investing in research and development to improve their product portfolios.
| Attribute | Details |
|---|---|
| Estimated Market Size (2022) | USD 65,706.9 Thousand |
| Projected Market Valuation (2032) | USD 116,799.7 Thousand |
| Value-based CAGR (2022 to 2032) | 5.9% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Thousand for Value and Kilograms for Volume |
| Key Countries Covered | China, India, Japan, Indonesia, Malaysia, Thailand, Vietnam, South Korea, and the Rest of Asia Pacific. |
| Key Segments Covered | Product Type, Applications, End-Use & Countries. |
| Key Companies Profiled | Ashapura Group; Kunimine Industries Co. Ltd; Wyo-Ben Inc; Manek Mineral Group; Arumpo Bentonite Pty Ltd; Organic Industries Pvt. Ltd; Swell Well Minechem Pvt. Ltd.; Dae Minerals Co., Ltd; Nova Gas Technologies Inc.; Boc Gases Ireland Inc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 01: Asia Pacific Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 02: Asia Pacific Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 03: Asia Pacific Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 04: Asia Pacific Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 05: Asia Pacific Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Country, 2017 to 2032
Table 06: China Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 07: China Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 08: China Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 09: China Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 10: India Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 11: India Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 12: India Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 13: India Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 14: Japan Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 15: Japan Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 16: Japan Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 17: Japan Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 18: Indonesia Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 19: Indonesia Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 20: Indonesia Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 21: Indonesia Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 22: Malaysia Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 23: Malaysia Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 24: Malaysia Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 25: Malaysia Market Size (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 26: Thousandailand Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 27: Thousandailand Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 28: Thousandailand Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 29: Thousandailand Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 30: Vietnam Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 31: Vietnam Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 32: Vietnam Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 33: Vietnam Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 34: SouThousand Korea Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 35: SouThousand Korea Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 36: SouThousand Korea Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 37: SouThousand Korea Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Table 38: Rest of APAC Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Product Type, 2017 to 2032
Table 39: Rest of APAC Market Size Volume (Tons) and Value (US$ Thousand) Forecast By Application, 2017 to 2032
Table 40: Rest of APAC Market Size Volume (Tons) Forecast By End Use, 2017 to 2032
Table 41: Rest of APAC Market Size Value (US$ Thousand) Forecast By End Use, 2017 to 2032
Figure 01: Market Historical Volume (Tons), 2017 to 2021
Figure 02: Market Current and Forecast Volume (Tons), 2022 to 2032
Figure 03: Market Historical Value (US$ Thousand), 2017 to 2021
Figure 04: Market Current and Forecast Value (US$ Thousand), 2022 to 2032
Figure 05: Market Incremental $ Opportunity (US$ Thousand), 2022 to 2032
Figure 06: Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 07: Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 08: Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 09: Market Absolute $ Opportunity by Sodium Segment, 2017 to 2032
Figure 10: Market Absolute $ Opportunity by Calcium Segment, 2017 to 2032
Figure 11: Market Absolute $ Opportunity by Aluminum Segment, 2017 to 2032
Figure 12: Market Absolute $ Opportunity by OThousanders Segment, 2017 to 2032
Figure 13: Market Share and BPS Analysis By Application– 2022 to 2032
Figure 14: Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 15: Market Attractiveness Analysis By Application, 2022 to 2032
Figure 16: Market Absolute $ Opportunity by Absorbent Segment, 2017 to 2032
Figure 17: Market Absolute $ Opportunity by Thousandickener Segment, 2017 to 2032
Figure 18: Market Absolute $ Opportunity by Oral Care Segment, 2017 to 2032
Figure 19: Market Absolute $ Opportunity by Carrier/Formulator Segment, 2017 to 2032
Figure 20: Market Absolute $ Opportunity by Anti-Inflammatory Agent Segment, 2017 to 2032
Figure 21: Market Absolute $ Opportunity by WP, WDG, SC Segment, 2017 to 2032
Figure 22: Market Absolute $ Opportunity by OThousanders Segment, 2017 to 2032
Figure 23: Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 24: Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 25: Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 26: Market Absolute $ Opportunity by Pharmaceuticals Segment, 2017 to 2032
Figure 27: Market Absolute $ Opportunity by Crop Protection Segment, 2017 to 2032
Figure 28: Market Absolute $ Opportunity by Animal Care Segment, 2017 to 2032
Figure 29: Market Absolute $ Opportunity by Personal Care Segment, 2017 to 2032
Figure 30: Market Absolute $ Opportunity by Ceramics Segment, 2017 to 2032
Figure 31: Market Share and BPS Analysis By Country– 2022 to 2032
Figure 32: Market Y-o-Y GrowThousand Projections By Country, 2022 to 2032
Figure 33: Market Attractiveness Analysis By Country, 2022 to 2032
Figure 34: Market Absolute $ Opportunity by China Segment, 2017 to 2032
Figure 35: Market Absolute $ Opportunity by India Segment, 2017 to 2032
Figure 36: Market Absolute $ Opportunity by Japan Segment, 2017 to 2032
Figure 37: Market Absolute $ Opportunity by Indonesia Segment, 2017 to 2032
Figure 38: Market Absolute $ Opportunity by Malaysia Segment, 2017 to 2032
Figure 39: Market Absolute $ Opportunity by Thousandailand Segment, 2017 to 2032
Figure 40: Market Absolute $ Opportunity by Vietnam Segment, 2017 to 2032
Figure 41: Market Absolute $ Opportunity by SouThousand Korea Segment, 2017 to 2032
Figure 42: Market Absolute $ Opportunity by Rest of Asia Pacific Segment, 2017 to 2032
Figure 43: China Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 44: China Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 45: China Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 46: China Market Share and BPS Analysis By Application– 2022 to 2032
Figure 47: China Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 48: China Market Attractiveness Analysis By Application, 2022 to 2032
Figure 49: China Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 50: China Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 51: China Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 52: India Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 53: India Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 54: India Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 55: India Market Share and BPS Analysis By Application– 2022 to 2032
Figure 56: India Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 57: India Market Attractiveness Analysis By Application, 2022 to 2032
Figure 58: India Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 59: India Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 60: India Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 61: Japan Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 62: Japan Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 63: Japan Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 64: Japan Market Share and BPS Analysis By Application– 2022 to 2032
Figure 65: Japan Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 66: Japan Market Attractiveness Analysis By Application, 2022 to 2032
Figure 67: Japan Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 68: Japan Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 69: Japan Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 70: Indonesia Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 71: Indonesia Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 72: Indonesia Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 73: Indonesia Market Share and BPS Analysis By Application– 2022 to 2032
Figure 74: Indonesia Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 75: Indonesia Market Attractiveness Analysis By Application, 2022 to 2032
Figure 76: Indonesia Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 77: Indonesia Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 78: Indonesia Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 79: Malaysia Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 80: Malaysia Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 81: Malaysia Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 82: Malaysia Market Share and BPS Analysis By Application– 2022 to 2032
Figure 83: Malaysia Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 84: Malaysia Market Attractiveness Analysis By Application, 2022 to 2032
Figure 85: Malaysia Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 86: Malaysia Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 87: Malaysia Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 88: Thousandailand Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 89: Thousandailand Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 90: Thousandailand Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 91: Thousandailand Market Share and BPS Analysis By Application– 2022 to 2032
Figure 92: Thousandailand Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 93: Thousandailand Market Attractiveness Analysis By Application, 2022 to 2032
Figure 94: Thousandailand Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 95: Thousandailand Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 96: Thousandailand Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 97: Vietnam Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 98: Vietnam Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 99: Vietnam Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 100: Vietnam Market Share and BPS Analysis By Application– 2022 to 2032
Figure 101: Vietnam Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 102: Vietnam Market Attractiveness Analysis By Application, 2022 to 2032
Figure 103: Vietnam Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 104: Vietnam Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 105: Vietnam Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 106: SouThousand Korea Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 107: SouThousand Korea Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 108: SouThousand Korea Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 109: SouThousand Korea Market Share and BPS Analysis By Application– 2022 to 2032
Figure 110: SouThousand Korea Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 111: SouThousand Korea Market Attractiveness Analysis By Application, 2022 to 2032
Figure 112: SouThousand Korea Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 113: SouThousand Korea Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 114: SouThousand Korea Market Attractiveness Analysis By End Use, 2022 to 2032
Figure 115: Rest of APAC Market Share and BPS Analysis By Product Type– 2022 to 2032
Figure 116: Rest of APAC Market Y-o-Y GrowThousand Projections By Product Type, 2022 to 2032
Figure 117: Rest of APAC Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 118: Rest of APAC Market Share and BPS Analysis By Application– 2022 to 2032
Figure 119: Rest of APAC Market Y-o-Y GrowThousand Projections By Application, 2022 to 2032
Figure 120: Rest of APAC Market Attractiveness Analysis By Application, 2022 to 2032
Figure 121: Rest of APAC Market Share and BPS Analysis By End Use– 2022 to 2032
Figure 122: Rest of APAC Market Y-o-Y GrowThousand Projections By End Use, 2022 to 2032
Figure 123: Rest of APAC Market Attractiveness Analysis By End Use, 2022 to 2032
The Asia Pacific Bentonite market is anticipated to reach a valuation of USD 65,706.9 Thousand in 2022.
The Asia Pacific Bentonite market is anticipated to witness a growth rate of 5.9 % over the forecast period of 2022 and 2032 in terms of value.
The Asia Pacific Bentonite market witnessed a growth of 2.2% CAGR between 2017 and 2021.
Ashapura Group, Kunimine Industries Co. Ltd, Wyo-Ben Inc, Manek Mineral Group, Arumpo Bentonite Pty Ltd, Organic Industries Pvt. Ltd, Swell Well Minechem Pvt. Ltd., Dae Minerals Co., Ltd, Nova Gas Technologies Inc., Boc Gases Ireland Inc., and others are the key players in the Asia Pacific Bentonite market.
The top countries driving the Asia Pacific Bentonite demand are China, India, and Japan.
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Asia Pacific Bentonite Market
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