This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Read More
Bentonite Market By Product Type (Sodium, Calcium), Application (Drilling Fluids, Binder, Sealant, Absorbent, &Clarification Agent) & Region - Forecast to 2021 - 2031

Bentonite Market By Product Type (Sodium, Calcium), Application (Drilling Fluids, Binder, Sealant, Absorbent, &Clarification Agent) & Region - Forecast to 2021 - 2031

Bentonite Market - Analysis, Outlook, Growth, Trends, Forecasts

Bentonite Market Market Overview

[255 Pages Report] The Bentonite Market is expected to grow at a CAGR of 6.2% in the coming assessment period. The Bentonite Market has witnessed substantial growth in the last few years. This growth is projected to continue over the assessment years, starting from 2021 to 2031, due to increasing use of bentonite in diverse industries across the globe. Bentonite finds application in drilling fluid, binders, absorption/adsorption, clarification agent, and other sectors. As such growth in end use industries is creating lucrative prospects for suppliers of bentonite.  

ESOMAR-certified market analysis and consulting company Future Market Insights (FMI) delivers insights into key factors driving Bentonite market growth in its latest report. Additionally, evaluating the effect COVID-19 has had on the Bentonite market in general, the study monitors global Bentonite sales in 20+ high-growth markets and addresses end-use industries in particular.  

How the Historical and Future Outlook for Bentonite Market Match Up?

On account of increasing energy requirements, bentonite market is witnessing substantial consumption in oil & gas drilling operation. Furthermore, various applications of bentonite in end use industries such as construction, Foundry, pharmaceuticals, and among others causing a spike in demand from last couple of years and is expected to dominate the same in the near future.

The capitalization of infrastructure is increasing in developing and emerging markets across the globe, which is attracting major investments in construction activities. This in turn is benefiting the raw material industry such as, construction aggregates and bentonite. Bentonite is used in construction mainly for sealant applications owing to its swelling property. Growing construction activities across the globe are projected to bolster the demand for bentonite during the forecast period. 

Future Market Insights expects the global bentonite market to expand at CAGR of over 6.2% in between 2021-2031.

Diverse Applications Driving Bentonite Market Sales

Bentonite used in various applications, such as, drilling fluid, binder, adsorbent/absorbent, clarification agent and others. The demand for bentonite is increasing due to growing end use industries such as, oil, construction, food, pharmaceutical and others. Due to increasing demand of the bentonite applications such as sealant, clarification agent, adsorbent / absorbent in the end use industries like construction, food and pharmaceutical industry will be key driving factor for the bentonite market.

Why is R&D Key to Market Consolidation?

Across the globe, key manufacturers are planning to increase their market share by introducing innovative application in the bentonite product portfolio. Meanwhile, key players and academic institution are collectively working on innovating new applications through research and development.

Some of the key players are investing around 3-5% of their revenue on R&D to innovate the new application range for end use industries. Moreover, various manufacturers are entering the market by acquiring local existing players and globalizing its portfolio.

What is the Regulatory Impact on Bentonite Market?

Governments and regulatory authorities across the world have imposed restrictions on trans-continental trading of bentonite in some of the bentonite producing region sowing to depletion of bentonite reserves. However, end-use industries in these region are focusing on alternative or substituting for bentonite. This could restrict growth opportunities for the market to an extent.

What is the Impact of COVID-19 on Global bentonite market Sales?

The COVID-19 pandemic has negatively affected various countries worldwide, which has resulted in a damaging impact on the global economy. The pandemic drove most of the affected countries into imposing sweeping shutdowns, affecting their industrial and commercial activities.

Suspension of industrial and trade activities in several countries resulted in a drastic plunge in economic growth. Cancellation of projects, employee furloughs, investment cuts, and lack of cash flow hampered growth across several industries, including the construction sector.

Other factors including disruption in supply chain, raw material supply, transportation, and lack of labor hampered the overall bentonite market. The end-use industries however are projected to stabilize in the ongoing quarter and grow exponentially in upcoming years boosting the sales of bentonite

Country-wise Insights

Why does the China Dominate the Global Bentonite Market?

Increasing infrastructure activities along with commercial and industrial development in the country are expected to boost the bentonite market. Also, increasing investment in industrial activities from the other regional key players in China is anticipated to boost bentonite market in the coming future.

Capacity expansions undertaken by leading players are expected to have considerable impact on prospects in China. For instance, Imerys bentonite operations in the country announced its plans for increasing production capacity following surge in sales in 2018.

What is driving Bentonite Sales in the U.S.?

The U.S. is experiencing lucrative growth in the global bentonite market owing to increasing investment manufacturers intended at expanding production capacities of bentonite. Also, increased oil & gas exploration activities are expected to reduce energy dependency on other countries. This is further expected to spur the bentonite sales in the near future. Its high viscosity property and it also increases borehole stability during the process.

What are Market Projections for Germany?

In Europe, Germany holds around 1/4th of the total share, in terms of volume and value.

However, owing to the effect of the COVID -19 outbreak, the market scenario is expected to be negatively impacted in the country. But, notable developments in end-use industries are expected to help the region to recover from the pandemic crisis in the coming quarters.

The U.S. is one of the leading producers of high-grade natural sodium bentonite, which places it as one of the highly lucrative markets.

How is the Market Scenario in Brazil?

Brazil is anticipated to account for around half of the market value share in Latin America. Sales in Brazil is forecast to increase considerably owing to increasing industrial activities in the country.

In Brazil, prominent manufacturers of oil drilling and foundry application, are estimated to contribute to the growth of the bentonite market in the country. On the basis of incremental $ opportunity, Brazil is expected to create US$ 49.8 Mn opportunity in between the forecast period.

Why are Factors Driving Bentonite Sales in India?

India’s bentonite market is driven by application in a wide range of industries including foundry, pharmaceuticals, and food. The demand for bentonite in the country is primarily meted by imports from countries such as China. India is expected to reach value of US$ 140.0 Mn by the end of 2031.

Bentonite production in India is expected to pick up pace in the near future, thanks to the rising demand for oil clarification. Bentonite is often required in civil engineering and environmental applications as sealant and adhesive.  Bentonite was also identified as one of the exportable materials in Indian Minerals Yearbook 2015.

These factors are indicative of lucrative opportunities for bentonite sales in India.

Category-wise Insights

Which is the Preferred Type of Bentonite?

Sodium bentonite constitutes the leading product category. It is expected to remain dominant through the course of the forecast period.  It has an excellent colloidal property, due to which it is often used in drilling boreholes and mud for oil and gas wells.

Which Application Segment to drive the Bentonite market?

Drilling fluid account for the prominent share of bentonite market and is anticipated to continue its dominance over forecast period closely followed by binder and absorbent. Bentonites are used in the flush fluid lubricates and cool the cutting tools for protection against corrosion in drilling activities. As drilling fluids generate hydrostatic pressure in the borehole, bentonite hinders fluid and gas penetration.

Which end user industry to flourish in upcoming future?

Oil industry is anticipated to be the most attractive segment and create wide opportunities for bentonite suppliers. Furthermore, pharmaceuticals industry is projected to witness highest growth amongst all other industries on the back of increasing population and human health concerns amongst the consumers.

Competitive Landscape

Market players are focusing on research and development to gain competitive edge. Besides this, there is considerable focus on strategic collaborations and acquisitions among the market players.

For instance, Sharewell HDD Drilling Products Thunderstorm was acquired by Wyo-Ben Inc. in 2015.

Some of the leading companies operating in the bentonite market are:

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

Scope of the Report



Forecast Period


Historical Data Available for


Market Analysis

USD Million for value and  Kilo Tons for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa,

Key Countries Covered

US, Canada, Brazil, Mexico, Germany, France, Spain, Russia, China, Japan, South Korea, India, ASEAN, GCC countries, Turkey, South Africa

Key Segments Covered

Product Type, Application, End Use, and Region

Key Companies Profiled

  • Ashapura Group of Companies
  • Black Hills Bentonite, LLC
  • Charles B Chrystal Co. Inc.
  • Clariant AG
  • Halliburton Co
  • Kemira OYJ
  • Kunimine Industries Co., Ltd.
  • Kutch Minerals
  •  Kutch Minerals
  • Mineral Technologies Inc.
  • Polymer Drilling Systems (PDS) Co, Inc.
  • Wyo-Ben, Inc.

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Enquiry before Buying

  • Is this research conducted by Future Market Insight?

    Yes, the research has been conducted by expert analysts of Future Market Insight through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst

  • What research methodology is followed by Future Market Insight?

    Future Market Insight follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions. Request detailed methodology

  • Who are the respondents for primary research?

    Future Market Insight speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    Future Market Insight conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

  • Is a sample of this report available for evaluation?

    Yes, you can request a sample and it will be sent to you through an email.

  • How can I buy this report?

    Future Market Insight provides a secure online payment system to buy report effortlessly. You can buy the report securely and safely.

Sign Up with MarketNgage

World's Most Profilic Intelligence Engine

Get Access To The World's Largest Market Research Database.

Sign Up Now

Bentonite Market by Category

Product Type

  • Sodium
  • Calcium
  • Others


  • Drilling Fluids
  • Binder
  • Sealant
  • Absorbent/Adsrobent
  • Clarification Agent
  • Others

End- Use Industry

  • Oil
  • Foundry
  • Construction
  • Food
  • Pharmaceuticals
  • Others


  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East & Africa

Key Questions Answered in the Report

Which is the most lucrative market for Bentonite?

East Asia has emerged as a leading market for bentonite. Increasing production and consumption in China, Japan, and South Korea will aid expansion in the region.
Sodium Bentonite is highly preferred for many applications. The demand of the sodium bentonite is expected to remain considerably high through the forecast period.
Bentonite is increasingly used during oil & gas drilling application. According to FMI, the oil industry is expected to remain the leading end user through the forecast period.
Some of the leading companies manufacturing bentonite are, Kemira OYJ, Mineral Technologies Inc. Clariant AG, Kunimine Industries Co., Ltd. Charles B Chrystal Co. Inc, Ashapura Group of Companies, Halliburton Co, Wyo-Ben, Inc, Polymer Drilling Systems (PDS) Co, Inc, Black Hills Bentonite, LLC, Alfa Aesar, Kutch Minerals, among others

Need specific information?

Our Clients

Chemicals & Materials

View All Reports from Chemicals & Materials

View Reports



Zinc Chloride Market

Published : 2021-12-09


Neopentyl Glycol Market

Published : 2022-01-13


Phosphate Conversion Coatings Market

Published : 2021-12-08


Cdu Heat Exchanger Antifoulants Market

Published : 2021-12-28