Organic Amargosite Market Scope
Organic Amargosite is also known as organic bentonite is absorbent swelling clay that is formed from weathering of volcanic ash in seawater. It is widely used in various applications for cleansing guts of toxins, chemicals, impurities, and heavy metals and getting relief in digestive problems like constipation, IBS, and nausea. Bentonite is primarily used as drilling and tunneling fluids to seal the borehole walls, remove drill cuttings, and lubricate the cutting head. Further, the increasing infrastructural developments due to growing urbanization and preference for Portland cement and mortars for excellent binding and providing strength to structural elements will create noteworthy growth for the organic amargosite in the construction industry.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | AMCOL International Corporation (United States), Sigma-Aldrich (United States), Alfa Aesar (United States), BASF (Germany), Minerals Technologies Inc. (United States), Wyo-Ben Inc (United States) and Kemira (Finland) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Organic Amargosite market throughout the predicted period.
AMCOL International Corporation (United States), Sigma-Aldrich (United States), Alfa Aesar (United States), BASF (Germany), Minerals Technologies Inc. (United States), Wyo-Ben Inc (United States) and Kemira (Finland) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Organic Amargosite market by Type (Calcium Organic Amargosite and Sodium Organic Amargosite), by Application (Agriculture, Cosmetics, Drilling, Pharmaceuticals, Paper Making, Catalyst and Others) and Region with country level break-up.
On the basis of geography, the market of Organic Amargosite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Trend
- Increasing Research on the Other Application of Organic Amargosite and Innovation in the Use of Amargosite in Oenology
Market Drivers
- Prevalence of Organic Amargosite in Powder Form for Various Applications
- Increased Application of Amargosite for Drilling & Tunnelling Fluids and Molding Sand Preparation for Production of Iron, Steel, and Non-Ferrous Casting
Opportunities
- Growing Construction Industry Due to Increasing Infrastructural Developments in the Developing Economies
- Implementation of Strict Environmental Regulations by the Government Across the Globe
Restraints
- Health Effects and Regulations on the Use of Bentonite Clay Supplements Due to Lead Content
Challenges
- Use of Organic Binder as Substitute of Bentonite in Pelletizing May Hamper the Growth
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Organic Amargosite Manufacturers, Organic Amargosite Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others