Global Market Size, and Trend Highlights Over 2010 - 2026
Bentonite Market is estimated to garner a revenue of USD 5.96 billion by the end of 2026, growing at a CAGR of 3.6% over the analysis period, i.e., 2022 – 2026. Further, in the year 2022, the industry size of bentonite was over USD 5.17 billion. Expanding organic farming around the world is expected to drive market growth over the analysis period. Bentonite is a natural soil preserver that is used in organic farming to protect and maintain soil quality. It is also an excellent adsorbent, absorbing nearly 75% – 80% of impurities when mixed with zeolite or limestone and coagulants in the water treatment and filtration process.
Moreover, the growth of this bentonite market is attributed to the rising environmental concerns about wastewater treatment, primarily due to the presence of radioactive and toxic chemicals. Bentonite provides a less expensive, safer, more effective, and cost-effective method of wastewater treatment prior to disposal into a water stream. Clay mineral is an effective organic matter, toxic metal, and nutrient removal agent. When compared to raw bentonite, modified bentonite showed higher adsorption. In comparison to chemical-based methods, it provides an environmentally friendly and cost-effective method for waste-water treatment. According to the United Nations, 56%of household wastewater flows were safely treated in 2020 across the globe.
