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Bentonite Market Share
- Report ID: GMI1492
- Published Date: Jun 2021
- Report Format: PDF
Bentonite Market Share
Global bentonite industry is moderately fragmented and is characterized by the presence of several medium & large industry players operating worldwide. The key players in the market include
- Mineral Technologies
- Delmon Group of Companies
- CETCO
- Halliburton
- Wyo-Ben
The key market participants are implementing various strategies includes partnership and mergers & acquisitions in order to increase market share and to tap the growth opportunities in the market.
In October 2020, Minerals Technologies Inc. (MTI) acquired Tri-State Construction. The acquisition will help Minerals Technologies Inc. to serve the customers, strengthen the leadership position in bentonite-based products and invest in growth opportunities.
In April 2018, the company entered into an agreement with Sivomatic Holding B.V. under which Minerals Technologies Inc. purchased all of the shares of Sivomatic. Sivomatic is primarily involved in the production of cat litter in Europe. It operates production facilities in the Austria, Netherlands, and Turkey. Sivomatic Holding B.V. is among the leading producer of clumping products, and the product portfolio of the company also include a range of pet litter products derived from bentonite, that is sourced from wholly- owned mines located in Turkey.
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Bentonite Market Scope
