Transparency Market Research announces the release of
a new research report titled “Attapulgite Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.
The report indicates that the global attapulgite market stands to
expand from US$238.5 mn in 2013 to US$418.8 mn by 2020, registering a
strong CAGR of 8.30% in terms of revenue.
By product, the attapulgite market is segmented into
sorptive grade and colloidal grade. The latter dominates the overall
attapulgite market and, in 2013, held more than 65.0% share in terms
of volume. Colloidal grade attapulgite is in demand from end-use
industries such as chemicals, oil and gas, paints and coatings, and
cosmetics.
This 86 page report gives readers a comprehensive
overview of the Attapulgite market. Browse through 19 data tables and
19 figures to unlock the hidden opportunities in this market@
This segment is also forecast to be the most rapidly
developing product segment by 2020 owing to its use in applications
such as sealants, drilling mud, liquid detergents, suspension
fertilizers, binding, adhesives, caulks, liquid pesticides, animal
feed, and suspension.
Attapulgite finds application in oil and gas
industries, as cat litter absorbent, in agriculture, in paints and
coatings, in the pharmaceutical and medical field, and others
including paper, chemicals, and cosmetics. The largest end-use
industries were oil and gas and cat litter absorbent and together,
these segments held more than 60.0% of the attapulgite market volume
in 2013. The cat litter absorbent segment is driven by the need and
the development of innovative absorbents that neutralize bad odor,
are environment-friendly, and congeal quickly after soiling.
The oil and gas industry is projected to witness the
highest CAGR by 2020 owing to rise in drilling activities across the
globe. While the pharmaceutical and medical segment is fueled by
growing consumer preference for natural products over synthetic
variants, the paints and coatings segment is propelled by the
replacement of conventional organic thickeners with attapulgite in
the production of water-insensitive films.
Geographically, the global attapulgite market is
divided into North America, Asia Pacific, Europe, and Rest of the
World. In 2013, North America accounted for a 35.0% share of the
overall attapulgite market, making it the leading regional segment.
This market is driven by rising restrictions regarding the use of
synthetic chemicals and abundant deposits of attapulgite-rich
fuller’s earth. Asia Pacific, on the other hand, is anticipated to
register the highest CAGR during the forecast period. This regional
attapulgite market is fueled by rapid industrialization, growth of
the healthcare sector, and rise in drilling and construction
activities.
Get accurate market forecast and analysis on the
Attapulgite market. Request a sample to stay abreast on the key
trends impacting this market@
The attapulgite market is immensely consolidated and
the top two companies accounted for almost 57.0% of the overall
market in 2013. Some of the notable players operating in the global
attapulgite market are Active Minerals International, LLC, Ashwa
Minerals Private Limited, BASF Corporation, Oil-Dri Corporation of
America, Manek Minerals, KPL International Limited, Ashapura Group,
Geohellas S.A., Gunjan Minerals Pvt. Ltd., inTech International,
Inc., and Gujarat Minechem.
Attapulgite Market - Product Segment Analysis
- Colloidal grade (gelling grade)
- Sorptive grade (non-colloidal sorbent grade)
Attapulgite Market – End-use Industry Analysis
- Cat litter absorbent
- Oil & gas
- Agriculture
- Paints & coatings
- Medical & pharmaceutical
- Others (Including chemical, paper and cosmetics)
Attapulgite Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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