The Bentonite market report also covers the key factors regarding the recent happenings such as new product launches, synergisms, and mergers & acquisitions. Furthermore, the study offers a dexterous background for acquiring heaps of information that likely consumers can use to ensure better gains at low expenditures. The presentation of insights on Bentonite market segmentation by type, application, and geography provides a critical angle of, what manufacturers are seeking for the stipulated timeframe.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4560

Bentonite is a naturally occurring clay with excellent capabilities of absorbing and adsorbing. With these properties bentonite is being extensively used in personal care, pharmaceutical, construction and oil & gas industry. Increasing demand for cosmetic products and rapid development in the construction sector has resulted in heightened demand for bentonite as a cleansing agent and water absorbing agent respectively. Increasing consumption of bentonite as a binder in foundry-sand is expected to propel growth of the market over the forecast period (2019-2027).

Sodium bentonite is the most preferred variant for foundry and construction. Whereas, calcium bentonite is used in number of applications such as cosmetic and animal feeding. The above represented scenario is forecast to drive the market at a steady CAGR of ~5% in the forecast period, reveals Fact.MR, in a recently published report on global bentonite market.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4560

Key Takeaways of Global Bentonite Market

• Global bentonite market is expected to create an absolute $ opportunity of worth US$ 500 Mn during the forecast period, adding 1.2X times more value in 2027 as compared to 2019
• Sodium bentonite is projected to account for more than half of the total market share, because of its lubricating properties enabling its high utilization in oil and gas extraction.
• In terms of value, drilling fluid segment accounted for quarter of the global share in 2018 and is projected to grow at higher rate during the first half of the forecast period. Calcium bentonite is forecast to gain 101 BPS to reach value share of 30% by the end of 2027 from 28.93% in 2019
• Oil and gas industry is poised to expand at a CAGR of ~6% accounting for over one fourth of the revenue share by 2027
• In terms of production and consumption, North America has dominated the market in 2019 and is projected to account for more than one-third of market share by 2027

Global Micronized Salt Market: Segmentation

Segmentation table of the global micronized salt market has been provided below on the basis of Product Type, Application, and Region.

Product Type

• Purity 98% – 99.5%
• Purity Above 99.5%

Application

• Bakery & Confectionery Products
• Meat, Poultry & Sea Foods
• Milk & Dairy Products
• Beverages
• Canned/Preserved Fruits & Vegetables

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4560

Burgeoning Demand from Myriad Applications to open up New Avenues for Market Players

Escalating demand from oil and gas industry for drilling fluid is projected to propel the bentonite market. Increasing demand from foundry and construction industry are poised to create a progressive environment for the market. Companies are expanding their application reach to increase the demand for these products.

For instance, bentonite offered by Clarient AG a Swiss based chemical company, is used for foundry sand binders, edible oil purification, feed additives and drilling fluids.

Read More Trending and Similar Reports from Fact.MR – http://www.prnewswire.com/news-releases/liquid-flux-market-expanding-at-7-cagr-digitalization-across-industries-enabling-growth-factmr-301269891.html?tc=eml_cleartime

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: [email protected]
Visit Our Website: https://www.factmr.com

The post Sales of Micronized Salt Market to Grow 1.4X by 2028 appeared first on The Cloud Tribune.

The Bentonite market report also covers the key factors regarding the recent happenings such as new product launches, synergisms, and mergers & acquisitions. Furthermore, the study offers a dexterous background for acquiring heaps of information that likely consumers can use to ensure better gains at low expenditures. The presentation of insights on Bentonite market segmentation by type, application, and geography provides a critical angle of, what manufacturers are seeking for the stipulated timeframe.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4560

Bentonite is a naturally occurring clay with excellent capabilities of absorbing and adsorbing. With these properties bentonite is being extensively used in personal care, pharmaceutical, construction and oil & gas industry. Increasing demand for cosmetic products and rapid development in the construction sector has resulted in heightened demand for bentonite as a cleansing agent and water absorbing agent respectively. Increasing consumption of bentonite as a binder in foundry-sand is expected to propel growth of the market over the forecast period (2019-2027).

Sodium bentonite is the most preferred variant for foundry and construction. Whereas, calcium bentonite is used in number of applications such as cosmetic and animal feeding. The above represented scenario is forecast to drive the market at a steady CAGR of ~5% in the forecast period, reveals Fact.MR, in a recently published report on global bentonite market.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4560

Key Takeaways of Global Bentonite Market

• Global bentonite market is expected to create an absolute $ opportunity of worth US$ 500 Mn during the forecast period, adding 1.2X times more value in 2027 as compared to 2019
• Sodium bentonite is projected to account for more than half of the total market share, because of its lubricating properties enabling its high utilization in oil and gas extraction.
• In terms of value, drilling fluid segment accounted for quarter of the global share in 2018 and is projected to grow at higher rate during the first half of the forecast period. Calcium bentonite is forecast to gain 101 BPS to reach value share of 30% by the end of 2027 from 28.93% in 2019
• Oil and gas industry is poised to expand at a CAGR of ~6% accounting for over one fourth of the revenue share by 2027
• In terms of production and consumption, North America has dominated the market in 2019 and is projected to account for more than one-third of market share by 2027

Global Micronized Salt Market: Segmentation

Segmentation table of the global micronized salt market has been provided below on the basis of Product Type, Application, and Region.

Product Type

• Purity 98% – 99.5%
• Purity Above 99.5%

Application

• Bakery & Confectionery Products
• Meat, Poultry & Sea Foods
• Milk & Dairy Products
• Beverages
• Canned/Preserved Fruits & Vegetables

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4560

Burgeoning Demand from Myriad Applications to open up New Avenues for Market Players

Escalating demand from oil and gas industry for drilling fluid is projected to propel the bentonite market. Increasing demand from foundry and construction industry are poised to create a progressive environment for the market. Companies are expanding their application reach to increase the demand for these products.

For instance, bentonite offered by Clarient AG a Swiss based chemical company, is used for foundry sand binders, edible oil purification, feed additives and drilling fluids.

Read More Trending and Similar Reports from Fact.MR – http://www.prnewswire.com/news-releases/liquid-flux-market-expanding-at-7-cagr-digitalization-across-industries-enabling-growth-factmr-301269891.html?tc=eml_cleartime

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: [email protected]
Visit Our Website: https://www.factmr.com

The post Sales of Micronized Salt Market to Grow 1.4X by 2028 appeared first on The Cloud Tribune.