Bentonite Market Report 2026

The bentonite market size has grown rapidly in recent years. It will grow from $8.04 billion in 2025 to $9.17 billion in 2026 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to expansion of bentonite mining operations, rising use of bentonite in cosmetics and wellness products, growth in industrial clay applications, availability of surface mining resources, increasing demand for absorbent materials.

The bentonite market size is expected to see rapid growth in the next few years. It will grow to $15.53 billion in 2030 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to growing demand for specialty bentonite formulations, rising focus on sustainable clay extraction, expansion of bentonite use in pharmaceuticals, increasing investments in processing technologies, growing export demand for refined bentonite products. Major trends in the forecast period include increasing demand for high-purity bentonite grades, growing use of bentonite in personal care applications, expansion of processed and activated bentonite products, rising focus on consistent particle size and quality, enhanced adoption of controlled mining practices.

The anticipated growth of the bentonite market is closely linked to the rise in infrastructure development. Bentonite is increasingly sought after due to its versatile applications in construction and civil engineering, including waterproofing, tunneling, waste containment, and the construction of roads, bridges, and oil and gas pipelines. As nations dedicate resources to enhancing their infrastructure, the demand for bentonite escalates, highlighting its essential role in ensuring the durability, stability, and environmental compliance of various projects. For instance, in July 2024, the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, reported that the total value of new work infrastructure construction in 2023 reached $39.62 billion, reflecting a 10.8% increase compared to 2022. Thus, the growth in infrastructure development is significantly driving the expansion of the bentonite market.

Major companies operating in the bentonite market are concentrating on the development of advanced bentonite solutions to enhance industrial performance, sustainability, and overall product quality. Bentonite-based innovations refer to improved clay formulations that provide greater binding strength, thermal stability, and environmental advantages across applications such as foundry molding, construction, and other industrial uses. For instance, in June 2024, Clariant AG, a Switzerland-based specialty chemicals company, presented its latest innovative bentonite offerings, including Geko OPT high-performance sodium bentonite and Ecosil clay blends, at Metal China 2024. These products are engineered to enhance green strength, flowability, and thermal resistance in foundry applications while lowering emissions and promoting sustainable manufacturing practices.

In November 2023, Wyo-Ben, Inc., a US-based bentonite mining and processing company, acquired the bentonite operations of M I SWACO, a division of Schlumberger Limited. Through this acquisition, Wyo-Ben aims to strengthen its presence in the global bentonite market by increasing production capacity and diversifying its product portfolio for drilling fluids, industrial, and specialty bentonite applications. M I SWACO’s bentonite operation is a US-based processing facility located in Greybull, Wyoming, recognized for producing high-quality sodium bentonite for oilfield and industrial applications.

Major companies operating in the bentonite market are Wyo-Ben Inc, American Colloid Company, Ashapura Group of Companies, Cimbar Performance Minerals, Imerys S A, Bentonite Performance Minerals LLC, Black Hills Bentonite, Çanbensan Bentonite, Kutch Minerals, Kunimine Industries Co Ltd, Fenghong New Material Co Ltd, Taiko Group, Huawei Bentonite, Midwest Bentonite LLC, Western Clay Company, Tolsa Group, LKAB Minerals, Swell Well Minechem Pvt Ltd, G and W Mineral Resources, Amcol Minerals.

Asia-Pacific was the largest region in the bentonite market in 2025. The regions covered in the bentonite market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bentonite market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The bentonite market includes revenues earned by entities by providing mining for bentonites such as Calcium carbonate bentonite, calcium citrate bentonite, calcium gluconatebentonite, and sodium chlorate bentonite. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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