Global Bentonite Market to Reach US$1691 mn by 2025

Publisher: QYResearch
Published Date: 2019/8/1

The consistent urbanization is indicating a substantial growth in the construction industry, which is creating a great demand for the bentonite. The ability of this product to offer plasticizing property to construction makes it an important part of the construction industry. Emerging economies with upcoming housing projects are expected to offer a plethora of opportunities to the bentonite market in the near future. Bentonite is also expected to be used infrastructural developments such as building of dams, bridges, sea canals, and hydropower plants amongst others. Usage of bentonite in wastewater management due to is ability to absorb inorganic and organic cations is also projected to work in the favor of the global market in the coming years.

The global bentonite market was valued at US$1194 mn in 2018 and it is expected to reach US$1691 mn by the end of 2025, rising at a CAGR of 5.1% between 2019 and 2025.

Click to view the full report:
https://www.qyresearch.com/index/detail/1220697/global-bentonite-market
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-22093278
Contact:press@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.