PUBLISHER: The Business Research Company | PRODUCT CODE: 1929343
PUBLISHER: The Business Research Company | PRODUCT CODE: 1929343
Bentonite is a naturally occurring clay mainly composed of montmorillonite, recognized for its strong swelling ability, adsorption characteristics, and binding properties. It is utilized in applications including drilling fluids, foundry molding, iron ore pelletizing, civil engineering sealing, wastewater treatment, and as a binder or absorbent in various industrial and environmental applications.
Bentonite is classified into main types including sodium, calcium, and other diverse variations. Sodium, in this context, refers to a silver-white, soft, waxy, and ductile element belonging to the alkali metal group. It is abundantly found in nature in combined forms and exhibits high chemical activity.The applications of bentonite encompass diverse uses such as foundry sands, iron ore pelletizing, pet litter, drilling mud, civil engineering projects, and refining processes. The mining methods employed for bentonite extraction include both underground and surface mining techniques.
Tariffs are impacting the bentonite market by increasing costs of imported mining equipment, processing machinery, and transportation components used in surface and underground mining operations. Regions such as North America and Europe are affected by higher input costs, while Asia-Pacific faces pricing pressure on exported bentonite products. These tariffs are influencing production economics and supply chain efficiency. However, they are also encouraging local sourcing, domestic processing expansion, and investment in regional bentonite refining capabilities.
The bentonite market research report is one of a series of new reports from The Business Research Company that provides bentonite market statistics, including bentonite industry global market size, regional shares, competitors with a bentonite market share, detailed bentonite market segments, market trends and opportunities, and any further data you may need to thrive in the bentonite industry. This bentonite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bentonite market size has grown rapidly in recent years. It will grow from $8.04 billion in 2025 to $9.17 billion in 2026 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to expansion of bentonite mining operations, rising use of bentonite in cosmetics and wellness products, growth in industrial clay applications, availability of surface mining resources, increasing demand for absorbent materials.
The bentonite market size is expected to see rapid growth in the next few years. It will grow to $15.53 billion in 2030 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to growing demand for specialty bentonite formulations, rising focus on sustainable clay extraction, expansion of bentonite use in pharmaceuticals, increasing investments in processing technologies, growing export demand for refined bentonite products. Major trends in the forecast period include increasing demand for high-purity bentonite grades, growing use of bentonite in personal care applications, expansion of processed and activated bentonite products, rising focus on consistent particle size and quality, enhanced adoption of controlled mining practices.
The anticipated growth of the bentonite market is closely linked to the rise in infrastructure development. Bentonite is increasingly sought after due to its versatile applications in construction and civil engineering, including waterproofing, tunneling, waste containment, and the construction of roads, bridges, and oil and gas pipelines. As nations dedicate resources to enhancing their infrastructure, the demand for bentonite escalates, highlighting its essential role in ensuring the durability, stability, and environmental compliance of various projects. For instance, in July 2024, the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, reported that the total value of new work infrastructure construction in 2023 reached $39.62 billion, reflecting a 10.8% increase compared to 2022. Thus, the growth in infrastructure development is significantly driving the expansion of the bentonite market.
Major companies operating in the bentonite market are concentrating on the development of advanced bentonite solutions to enhance industrial performance, sustainability, and overall product quality. Bentonite-based innovations refer to improved clay formulations that provide greater binding strength, thermal stability, and environmental advantages across applications such as foundry molding, construction, and other industrial uses. For instance, in June 2024, Clariant AG, a Switzerland-based specialty chemicals company, presented its latest innovative bentonite offerings, including Geko OPT high-performance sodium bentonite and Ecosil clay blends, at Metal China 2024. These products are engineered to enhance green strength, flowability, and thermal resistance in foundry applications while lowering emissions and promoting sustainable manufacturing practices.
In November 2023, Wyo-Ben, Inc., a US-based bentonite mining and processing company, acquired the bentonite operations of M I SWACO, a division of Schlumberger Limited. Through this acquisition, Wyo-Ben aims to strengthen its presence in the global bentonite market by increasing production capacity and diversifying its product portfolio for drilling fluids, industrial, and specialty bentonite applications. M I SWACO's bentonite operation is a US-based processing facility located in Greybull, Wyoming, recognized for producing high-quality sodium bentonite for oilfield and industrial applications.
Major companies operating in the bentonite market are Wyo-Ben Inc, American Colloid Company, Ashapura Group of Companies, Cimbar Performance Minerals, Imerys S A, Bentonite Performance Minerals LLC, Black Hills Bentonite, Canbensan Bentonite, Kutch Minerals, Kunimine Industries Co Ltd, Fenghong New Material Co Ltd, Taiko Group, Huawei Bentonite, Midwest Bentonite LLC, Western Clay Company, Tolsa Group, LKAB Minerals, Swell Well Minechem Pvt Ltd, G and W Mineral Resources, Amcol Minerals
Asia-Pacific was the largest region in the bentonite market in 2025. The regions covered in the bentonite market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the bentonite market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The bentonite market includes revenues earned by entities by providing mining for bentonites such as Calcium carbonate bentonite, calcium citrate bentonite, calcium gluconatebentonite, and sodium chlorate bentonite. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Bentonite Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses bentonite market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for bentonite ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The bentonite market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.