Press Release

Global Attapulgite Market is Expected to Reach 599 Mn USD by 2025

Date : Aug 23, 2018

New report published by Global QYResearch which offers insights on the global Attapulgite market. During the 2017-2025 timeline, the global market for Attapulgite is expected to reflect an increase in the revenue growth. In 2017 the global Attapulgite market was valued at 488 Mn USD and by the end of the assessment year (2025), it is estimated to touch a value 599 Mn USD growing at a value CAGR of 2.6% throughout the period of forecast.

Global Attapulgite Market: Market Driver and Restraint

Applications of Attapulgite are anticipated to create new business segments in the market. Attapulgite is in use for a broad range of chemical products. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market.

Manufacturers are exploring the potential of Attapulgite in Food & Pharmaceutical products. Application of Attapulgite in Food & Pharmaceutical products is gaining traction in the recent years.

Global Attapulgite Market: Forecast by Type

This segment includes Colloidal and Sorptive. Colloidal segment is expected to rank relatively high on the attractiveness index in the global Attapulgite market by 2025 end, and, Colloidal segment is expected to account for a relatively higher growth rate in the Attapulgite market over the forecast period.

Global Attapulgite Market: Forecast by Region

United States, Europe, China are the regions that are included in this report. United States is the dominant market in the global Attapulgite market in terms of value. The China Attapulgite market was estimated to be valued at 90 Mn USD in 2017 and is expected to expand at a value CAGR of 4.4% over the forecast period.

Global Attapulgite Market: Key Players

Active Minerals, BASF (Engelhard), Oil-Dri, Geohellas, Js-mg, Ashapura Group, Cnhymc, Manek Minerals, Jiangsu Jiuchuan, Jiangsu Autobang, IL Better are the key vendors included in this report.

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