{"id":92360,"date":"2016-12-16T22:27:02","date_gmt":"2016-12-16T22:27:02","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=92360"},"modified":"2016-12-16T22:27:02","modified_gmt":"2016-12-16T22:27:02","slug":"bentonite-market-to-gain-from-increased-usage-in-oil-well-cement-and-drilling-fluid-applications-till-2024-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/bentonite-market-to-gain-from-increased-usage-in-oil-well-cement-and-drilling-fluid-applications-till-2024-grand-view-research-inc_92360.html","title":{"rendered":"Bentonite Market To Gain From Increased Usage In Oil Well Cement And Drilling Fluid Applications Till 2024: Grand View Research, Inc."},"content":{"rendered":"<div style=\" width:250px; padding:8px 10px 10px 10px; float:right;\"><a href=\"http:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2016\/12\/1481870006.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"image\" src=\"http:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2016\/12\/1481870006.jpeg\" alt=\"\" width=\"200\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\" style=\" font-weight:bold; font-style:italic;\">\n<div>&#8220;Grand View Research, Inc. &#8211; Market Research And Consulting.&#8221;<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">According to the report published by Grand View Research, global bentonite market size was valued at USD 1.27 billion in 2015 and is expected to reach USD 1.93 billion by 2024. Increasing application scope of bentonite as a bonding agent in non-ferrous and ferrous foundries is expected to propel product growth over the forecast period.<\/div>\n<p style=\"text-align: justify;\">The global <strong><a href=\"http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market\" target=\"_blank\">bentonite market<\/a>&nbsp;<\/strong>size is expected to reach USD 1.93 billion by 2024, according to a new report by Grand View Research, Inc. Rising product use as anti-scalants in applications such as foundry sands and water treatment will augment market growth over the next eight years.<\/p>\n<p style=\"text-align: justify;\">The increasing use of bentonite in iron ore pelletizing, pet litter, drilling mud, civil engineering and refining applications will fuel the product demand. Rising application scope of bentonite as a bonding agent in non-ferrous and ferrous foundries is expected to propel product growth over the forecast period.<\/p>\n<p style=\"text-align: justify;\">Sodium bentonite is employed as a key constituent of drilling fluids for boring holes of small diameter in environmental monitoring wells, and mineral exploration. Furthermore, it is used in horizontal directional drilling as lubricants to place pipelines and utility cables under highways, streets, buildings &amp; environmentally sensitive areas without disruptive surface trenching. The growth of aforementioned application segments is expected to fuel product demand over the forecast period.<\/p>\n<p style=\"text-align: justify;\">Bentonite possesses properties like water absorption which makes it an excellent sealant for environmental applications. Bentonite products are also used in boring tunnels, subways &amp; highways and pipelines installation to transport sewage, storm water &amp; drinking water. This is expected to fuel product need over the next eight years.<\/p>\n<p style=\"text-align: justify;\"><strong>Full research report on <\/strong><strong>bentonite <strong>market&nbsp;analysis:<\/strong><\/strong><strong>&nbsp;<br \/> <\/strong><strong><a href=\"http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market\" target=\"_blank\">http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market<\/a> <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><span>U.S. market volume, by application, 2013 &#8211; 2024, (Kilo Tons)<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><img loading=\"lazy\" decoding=\"async\" title=\"U.S. market volume, by application, 2013 - 2024, (Kilo Tons)\" src=\"http:\/\/www.grandviewresearch.com\/static\/img\/research\/us-market.png\" alt=\"http:\/\/www.grandviewresearch.com\/static\/img\/research\/us-market.png\" width=\"441\" height=\"238\" \/><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"text-decoration: underline;\">Further key findings from the report suggest:<\/span><\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Calcium bentonite is expected to witness the fastest growth at a CAGR of 4.7% from 2016 to 2024 as a result of its ability to absorb a large amount of water and form thixotropic and viscous suspensions.<\/li>\n<li>Foundry sands as an application for bentonite will witness the fastest growth in terms of volume at a CAGR of 4.5% from 2016 to 2024 owing to its superior bonding properties.<\/li>\n<li>Latin America market is expected to witness significant growth and was estimated at over USD 110 million in 2015 on account of rising infrastructure development and increasing exploration activities in the<\/li>\n<li>Key participants include AMCOL International Corp., Wyo-Ben Inc., MidPoint Chemicals Company, LLC, Hindustan M-I Swaco Limited, Charles B. Chrystal Co. Inc., Cimbar Performance Minerals Inc., Amsyn Inc., Kutch Mineral, Clariant AG, Minerals Technologies Inc., Bentonite Performance Minerals LLC. and Pacific Bentonite Ltd<\/li>\n<li>Key companies in the market are focused on increasing their global presence through mergers &amp; acquisitions and plant expansions.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>View more reports of this category by Grand View Research at:<\/strong><strong> <a href=\"http:\/\/www.grandviewresearch.com\/industry\/oil-and-gas-drilling-and-extraction-equipments\"><strong>http:\/\/www.grandviewresearch.com\/industry\/oil-and-gas-drilling-and-extraction-equipments<\/strong><\/a> <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><strong><span>Global bentonite market volume, by product, 2015<\/span><\/strong><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><strong><img loading=\"lazy\" decoding=\"async\" title=\"Global bentonite market volume, by product, 2015\" src=\"http:\/\/www.grandviewresearch.com\/static\/img\/research\/global-bentonite-market.png\" alt=\"http:\/\/www.grandviewresearch.com\/static\/img\/research\/global-bentonite-market.png\" width=\"250\" height=\"227\" \/><\/strong><\/strong><\/p>\n<p style=\"text-align: justify;\">Grand View Research has segmented the global bentonite market on the basis of product, application and region:<\/p>\n<p style=\"text-align: justify;\"><strong>Product type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 &#8211; 2024)<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Sodium<\/li>\n<li>Calcium<\/li>\n<li>Others<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 &#8211; 2024)<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Foundry sands<\/li>\n<li>Iron ore pelletizing<\/li>\n<li>Cat litter<\/li>\n<li>Drilling mud<\/li>\n<li>Civil Engineering<\/li>\n<li>Refining<\/li>\n<li>Others<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 &#8211; 2024)<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>North America\n<ul>\n<li>U.S.<\/li>\n<\/ul>\n<\/li>\n<li>Europe\n<ul>\n<li>Germany<\/li>\n<li>Russia<\/li>\n<\/ul>\n<\/li>\n<li>Asia Pacific\n<ul>\n<li>China<\/li>\n<li>India<\/li>\n<\/ul>\n<\/li>\n<li>Latin America\n<ul>\n<li>Brazil<\/li>\n<\/ul>\n<\/li>\n<li>MEA\n<ul>\n<li>UAE<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Access research insight: <\/strong><strong><a href=\"http:\/\/www.grandviewresearch.com\/research-insights\/bentonite-market-insights-size\"><strong>http:\/\/www.grandviewresearch.com\/research-insights\/bentonite-market-insights-size<\/strong><\/a> <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>About Grand View Research<\/strong><\/p>\n<p style=\"text-align: justify;\">Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The&nbsp;company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.<\/p>\n<p style=\"text-align: justify;\"><strong>For More Information<\/strong>: <a href=\"http:\/\/www.grandviewresearch.com\/\"><strong>www.grandviewresearch.com<\/strong><\/a>&nbsp;&nbsp;<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> Grand View Research, Inc.<br \/><strong>Contact Person:<\/strong> Sherry James, Corporate Sales Specialist &#8211; U.S.A.<br \/><strong>Email:<\/strong> sales@grandviewresearch.com<br \/><strong>Phone:<\/strong> 1-415-349-0058, Toll Free: 1-888-202-9519<br \/><strong>Address:<\/strong>28 2nd Street, Suite 3036  <br \/><strong>City:<\/strong> San Francisco<br \/><strong>State:<\/strong> California<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.grandviewresearch.com\/industry-analysis\/bentonite-market\" style=\"width:605px; height:400px;\"><\/object><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=bentonite-market-to-gain-from-increased-usage-in-oil-well-cement-and-drilling-fluid-applications-till-2024-grand-view-research-inc\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Grand View Research, Inc. &#8211; Market Research And Consulting.&#8221; According to the report published by Grand View Research, global bentonite market size was valued at USD 1.27 billion in 2015 and is expected to reach USD 1.93 billion by 2024. &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/bentonite-market-to-gain-from-increased-usage-in-oil-well-cement-and-drilling-fluid-applications-till-2024-grand-view-research-inc_92360.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-92360","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/92360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=92360"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/92360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=92360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=92360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=92360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}