Bentonite Powder

The global bentonite market size was USD 8 Billion in 2022 and is expected to reach USD 21.31 Billion in 2032, and register a revenue CAGR of 11.5 % during the forecast period. Montmorillonite makes up the majority of the clay mineral known as bentonite, which is frequently utilized in a variety of fields such as drilling, building, cosmetics, and medicines. Rapid expansion of the construction sector and rising demand for bentonite in a variety of applications are major factors driving market revenue growth.

One of the main end uses for bentonite is the construction sector, and revenue growth of the sectors is driving need for bentonite. In recent years, use of bentonite in construction has grown significantly. Bentonite is utilized as a binding agent in concrete. Demand for bentonite in the construction of infrastructure, such as roads, bridges, and tunnels, is expected to rise.