Asia Pacific Bentonite Market Outlook (2022 to 2032)

The Asia Pacific bentonite market is currently valued at around US$ 65,706.9 Thousand and is anticipated to expand at a CAGR of 5.9% to reach US$ 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) US$ 62,602.1 Thousand
Estimated Year Value (2022E) US$ 65,706.9 Thousand
Projected Year Value (2032F) US$ 116,799.7 Thousand
Value CAGR (2022 to 2032) 5.9%
Collective Value Share: Top 3 Countries In Asia (2022E) 86.6%

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2017 to 2021 Asia Pacific Bentonite Market Outlook Compared to 2022 to 2032 Forecast

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.

Asia Pacific Bentonite Market

What are the Opportunities for Bentonite Manufacturers in Asia Pacific?

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.

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Nikhil Kaitwade

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What are the Restraints in the Bentonite Market in Asia Pacific?

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.

Country-wise Insights

What Will Be the Demand Outlook in the China Bentonite Market?

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.

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Category-wise Insights

What is Driving Sales of Bentonite in The Personal Care Sector?

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 US$ 31,548.6 Thousand by the end of 2032.

What Are the Growth Prospects of Bentonite in The Agricultural Industry?

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 US$ 16,304.1 Thousand by 2032.

Competitive Landscape

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.

Scope of Report

Attribute Details
Estimated Market Size (2022) US$ 65,706.9 Thousand
Projected Market Valuation (2032) US$ 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 US$ 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

Asia Pacific Bentonite Market by Category

By Product Type:

  • Aluminum
  • Calcium
  • Sodium
  • Other

By Application:

  • Absorbent
  • Anti-inflammatory agent
  • Carrier/Formulator
  • Oral Care
  • Thickener
  • Others

By End Use:

  • Animal Care
  • Ceramics
  • Crop Protection
  • Personal Care
  • Pharmaceutical

By Country:

  • China
  • India
  • Japan
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • South Korea
  • Rest of Asia Pacific

Frequently Asked Questions

What is the current Asia Pacific Bentonite market value?

The Asia Pacific Bentonite market is anticipated to reach a valuation of US$ 65,706.9 Thousand in 2022.

What is the demand outlook for Asia Pacific Bentonite?

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.

At what rate did the Asia Pacific Bentonite market grow between 2017 and 2021?

The Asia Pacific Bentonite market witnessed a growth of 2.2% CAGR between 2017 and 2021.

Who are the leading players in the Asia Pacific Bentonite market?

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.

Which are the top countries driving the Asia Pacific Bentonite market demand?

The top countries driving the Asia Pacific Bentonite demand are China, India, and Japan.

Table of Content
1. Executive Summary | Asia Pacific Bentonite Market
    1.1. Asia Pacific Market Outlook
    1.2. Demand Side Trends
    1.3. Supply Side Trends
    1.4. Product Type Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Taxonomy
    2.2. Market Definition
3. Key Market Trends
    3.1. Key Trends Impacting the Market
4. Key Success Factors
    4.1. Product Adoption Analysis
    4.2. Strategic Promotional Strategies
    4.3. Technological Innovation
5. Asia Pacific Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
    5.1. Historical Market Volume (Tons) Analysis, 2017 to 2021
    5.2. Current and Future Market Volume (Tons) Projections, 2022 to 2032
    5.3. Y-o-Y Growth Trend Analysis
6. Pricing Analysis
    6.1. Regional Pricing Analysis By Product Type
    6.2. Asia Pacific Average Pricing Analysis Benchmark
7. Asia Pacific Market Demand (in Value or Size in US$ Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032
    7.1. Historical Market Value (US$ Million) Analysis, 2017 to 2021
    7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032
        7.2.1. Y-o-Y Growth Trend Analysis
        7.2.2. Absolute $ Opportunity Analysis
8. Market Background
    8.1. Macro-Economic Factors
    8.2. Forecast Factors - Relevance & Impact
    8.3. Value Chain
    8.4. Supply Demand Analysis
    8.5. Market Dynamics
        8.5.1. Drivers
        8.5.2. Restraints
        8.5.3. Opportunity Analysis
    8.6. Impact of COVID–19 Crisis
        8.6.1. Introduction
        8.6.2. World Economy / Cluster Projections
        8.6.3. Potential of Impact by Taxonomy
        8.6.4. Recovery Scenario (Short, Mid, and Long Term)
        8.6.5. Key Strategies
9. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
    9.1. Introduction
        9.1.1. Market Value Share Analysis By Product Type
        9.1.2. Y-o-Y Growth Analysis By Product Type
    9.2. Historical Market Size and Volume Analysis By Product Type 2017 to 2021
    9.3. Market Size and Volume Forecast By Product Type 2022 to 2032
        9.3.1. Sodium
        9.3.2. Calcium
        9.3.3. Aluminum
        9.3.4. Others
    9.4. Market Attractiveness Analysis By Product Type
10. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    10.1. Introduction
        10.1.1. Market Value Share Analysis By Application
        10.1.2. Y-o-Y Growth Analysis By Application
    10.2. Historical Market Size and Volume Analysis By Application 2017 to 2021
    10.3. Market Size and Volume Forecast By Application 2022 to 2032
        10.3.1. Absorbent
        10.3.2. Thickener
        10.3.3. Oral Care
        10.3.4. Carrier & Formulator
        10.3.5. Anti-inflammatory Agent
        10.3.6. Wettable Powder, Water Dispersible Granule & Suspension Concentrate
        10.3.7. Others
    10.4. Market Attractiveness Analysis By Application
11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use
    11.1. Introduction
        11.1.1. Market Value Share Analysis By End-Use
        11.1.2. Y-o-Y Growth Analysis By End-Use
    11.2. Historical Market Size and Volume Analysis By End-Use 2017 to 2021
    11.3. Market Size and Volume Forecast By End-Use 2022 to 2032
        11.3.1. Pharma
            11.3.1.1. OTC Lotion
            11.3.1.2. Oral Care
            11.3.1.3. Medicine
        11.3.2. Crop Protection
            11.3.2.1. Soil Treatment
            11.3.2.2. Agrochemicals
        11.3.3. Animal Care
            11.3.3.1. Pet Care
            11.3.3.2. Animal Feed
        11.3.4. Personal Care
            11.3.4.1. Hair Care
            11.3.4.2. Skin Care
            11.3.4.3. Body Care
            11.3.4.4. Others
        11.3.5. Ceramics
    11.4. Market Attractiveness Analysis By End-Use
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    12.1. Introduction
        12.1.1. Market Value Share Analysis By Country
        12.1.2. Y-o-Y Growth Analysis By Country
    12.2. Historical Market Size and Volume Analysis By Country 2017 to 2021
    12.3. Market Size and Volume Forecast By Country 2022 to 2032
        12.3.1. China
        12.3.2. Japan
        12.3.3. India
        12.3.4. Indonesia
        12.3.5. Malaysia
        12.3.6. Thailand
        12.3.7. Vietnam
        12.3.8. South Korea
        12.3.9. Rest of Asia Pacific
    12.4. Market Attractiveness Analysis By Country
13. China Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    13.1. Introduction
    13.2. Pricing Analysis
    13.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    13.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        13.4.1. By Product Type
        13.4.2. By Application
        13.4.3. By End-Use
    13.5. Market Attractiveness Analysis
        13.5.1. By Product Type
        13.5.2. By Application
        13.5.3. By End-Use
    13.6. Market Trends
14. Japan Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    14.1. Introduction
    14.2. Pricing Analysis
    14.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    14.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        14.4.1. By Product Type
        14.4.2. By Application
        14.4.3. By End-Use
    14.5. Market Attractiveness Analysis
        14.5.1. By Product Type
        14.5.2. By Application
        14.5.3. By End-Use
    14.6. Market Trends
15. India Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    15.1. Introduction
    15.2. Pricing Analysis
    15.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    15.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        15.4.1. By Product Type
        15.4.2. By Application
        15.4.3. By End-Use
    15.5. Market Attractiveness Analysis
        15.5.1. By Product Type
        15.5.2. By Application
        15.5.3. By End-Use
    15.6. Market Trends
16. Indonesia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    16.1. Introduction
    16.2. Pricing Analysis
    16.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    16.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        16.4.1. By Product Type
        16.4.2. By Application
        16.4.3. By End-Use
    16.5. Market Attractiveness Analysis
        16.5.1. By Product Type
        16.5.2. By Application
        16.5.3. By End-Use
    16.6. Market Trends
17. Malaysia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    17.1. Introduction
    17.2. Pricing Analysis
    17.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    17.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        17.4.1. By Product Type
        17.4.2. By Application
        17.4.3. By End-Use
    17.5. Market Attractiveness Analysis
        17.5.1. By Product Type
        17.5.2. By Application
        17.5.3. By End-Use
    17.6. Market Trends
18. Thailand Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    18.1. Introduction
    18.2. Pricing Analysis
    18.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    18.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        18.4.1. By Product Type
        18.4.2. By Application
        18.4.3. By End-Use
    18.5. Market Attractiveness Analysis
        18.5.1. By Product Type
        18.5.2. By Application
        18.5.3. By End-Use
    18.6. Market Trends
19. Vietnam Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    19.1. Introduction
    19.2. Pricing Analysis
    19.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    19.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        19.4.1. By Product Type
        19.4.2. By Application
        19.4.3. By End-Use
    19.5. Market Attractiveness Analysis
        19.5.1. By Product Type
        19.5.2. By Application
        19.5.3. By End-Use
    19.6. Market Trends
20. South Korea Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    20.1. Introduction
    20.2. Pricing Analysis
    20.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    20.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        20.4.1. By Product Type
        20.4.2. By Application
        20.4.3. By End-Use
    20.5. Market Attractiveness Analysis
        20.5.1. By Product Type
        20.5.2. By Application
        20.5.3. By End-Use
    20.6. Market Trends
21. Rest of Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032
    21.1. Introduction
    21.2. Pricing Analysis
    21.3. Historical Market Size and Volume Analysis By Market Segments, 2017 to 2021
    21.4. Market Size and Volume Forecast By Market Segments, 2022 to 2032
        21.4.1. By Product Type
        21.4.2. By Application
        21.4.3. By End-Use
    21.5. Market Attractiveness Analysis
        21.5.1. By Product Type
        21.5.2. By Application
        21.5.3. By End-Use
    21.6. Market Trends
22. Market Structure Analysis
    22.1. Market Analysis by Tier of Companies (Bentonite)
    22.2. Market Concentration
    22.3. Market Share Analysis of Top Players
    22.4. Market Presence Analysis
        22.4.1. By Regional Footprint of Players
        22.4.2. Product foot print by Players
23. Competition Analysis
    23.1. Competition Dashboard
    23.2. Competition Benchmarking
    23.3. Competition Deep Dive
        23.3.1. Ashapura Group
            23.3.1.1. Overview
            23.3.1.2. Product Portfolio
            23.3.1.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.1.4. Sales Footprint
            23.3.1.5. Strategy Overview
        23.3.2. ARUMPO PTY LTD
            23.3.2.1. Overview
            23.3.2.2. Product Portfolio
            23.3.2.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.2.4. Sales Footprint
            23.3.2.5. Strategy Overview
        23.3.3. Laxmi Minerals
            23.3.3.1. Overview
            23.3.3.2. Product Portfolio
            23.3.3.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.3.4. Sales Footprint
            23.3.3.5. Strategy Overview
        23.3.4. ORGANIC INDUSTRIES PVT LTD
            23.3.4.1. Overview
            23.3.4.2. Product Portfolio
            23.3.4.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.4.4. Sales Footprint
            23.3.4.5. Strategy Overview
        23.3.5. Indobent
            23.3.5.1. Overview
            23.3.5.2. Product Portfolio
            23.3.5.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.5.4. Sales Footprint
            23.3.5.5. Strategy Overview
        23.3.6. WYO-BEN, INC.
            23.3.6.1. Overview
            23.3.6.2. Product Portfolio
            23.3.6.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.6.4. Sales Footprint
            23.3.6.5. Strategy Overview
        23.3.7. Volclay Japan Co., Ltd.
            23.3.7.1. Overview
            23.3.7.2. Product Portfolio
            23.3.7.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.7.4. Sales Footprint
            23.3.7.5. Strategy Overview
        23.3.8. KUNIMINE INDUSTRIES CO., LTD
            23.3.8.1. Overview
            23.3.8.2. Product Portfolio
            23.3.8.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.8.4. Sales Footprint
            23.3.8.5. Strategy Overview
        23.3.9. Korea Co., Ltd.
            23.3.9.1. Overview
            23.3.9.2. Product Portfolio
            23.3.9.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.9.4. Sales Footprint
            23.3.9.5. Strategy Overview
        23.3.10. Donghae Material Co., Ltd.
            23.3.10.1. Overview
            23.3.10.2. Product Portfolio
            23.3.10.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.10.4. Sales Footprint
            23.3.10.5. Strategy Overview
        23.3.11. CHUNGKWANG INC.
            23.3.11.1. Overview
            23.3.11.2. Product Portfolio
            23.3.11.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.11.4. Sales Footprint
            23.3.11.5. Strategy Overview
        23.3.12. Shijiazhuang Huabang Mineral Products Co., Ltd
            23.3.12.1. Overview
            23.3.12.2. Product Portfolio
            23.3.12.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.12.4. Sales Footprint
            23.3.12.5. Strategy Overview
        23.3.13. Bentonit Alam Indonesia
            23.3.13.1. Overview
            23.3.13.2. Product Portfolio
            23.3.13.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.13.4. Sales Footprint
            23.3.13.5. Strategy Overview
        23.3.14. Swell Well Minechem Pvt. Ltd.
            23.3.14.1. Overview
            23.3.14.2. Product Portfolio
            23.3.14.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.14.4. Sales Footprint
            23.3.14.5. Strategy Overview
        23.3.15. Manek Group
            23.3.15.1. Overview
            23.3.15.2. Product Portfolio
            23.3.15.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.15.4. Sales Footprint
            23.3.15.5. Strategy Overview
        23.3.16. DAE Minerals Co., Ltd
            23.3.16.1. Overview
            23.3.16.2. Product Portfolio
            23.3.16.3. Profitability by Market Segments (Product/Channel/Region)
            23.3.16.4. Sales Footprint
            23.3.16.5. Strategy Overview
24. Assumptions and Acronyms Used
25. Research Methodology
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