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Attapulgite Market Share

Report ID: GMI1152
Published Date: Feb 2017
Report Format: PDF

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Attapulgite Market Share

Attapulgite industry competitive landscape is highly consolidated with the presence of multinational giants such as Other important market participants include:

Halliburton
Hudson
Ashapura Group
Geohellas
KPL International
Oil-Dri Corporation of America
Jaxon Filtration
Russell Finex
Gujarat Minechem
Anhui Mingmei Minchem

Anhui Boshuo, and several others.BASF SEActive Mineral International, with a combined share of close to 50% of the industry.

Active Minerals and BASF will likely hold sway the market through strategic process improvements, increase in production capacities, and acquisitions. BASF, for instance, announced the completion of investments to expand the milling and product packaging capabilities for coarse and fine gel materials in August 2016.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The attapulgite industry size is expected to surpass an annual remuneration of more than USD 600 million by 2024 owing to the global rise in drilling activities as well as the expansion of the construction and oil & gas industries.

The attapulgite market share from the colloidal grade product segment is pegged to hit a CAGR of over 9% up to 2024 driven by emerging applications in oil & water activities and laundry washing powders.

The cat litter absorbent applications are anticipated to contribute to a CAGR of more than 8% in the next few years with increasing feline family awareness and the launch of environment-friendly & quick-acting litter absorbents.

North America attapulgite market size could observe a growth rate of over 7% through 2024 with easy availability of raw materials and the presence of vast deposits across the region.