With a few dominant players, the global market for bentonite demonstrates a slightly consolidated competitive landscape, states a new research study by Transparency Market Research (TMR). The top four players in this market, namely, Minerals Technologies Inc., Imerys SA, Clariant AG, and Ashapura Group, held more than 75% of the overall market in 2015. Currently, the key players are aggressively focusing on the expansion of their capacity due to the soaring demand for bentonite across the world. As the demand is higher than supply, the market witnesses a high degree of competition within it. Over the coming years, these companies are likely to make strategic acquisitions in order to raise their share in the regional as well as the global market, reports the research study. As per TMR’s estimations, the opportunity in the global bentonite market is likely to increase at a CAGR of 3.0% over the period from 2016 to 2024, rising from US$1.42 bn in 2015to a valu...
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