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Business Investment Opportunities in Bentonite (Quarrying, Processing & Exporting)

Monday, July 23, 2018

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Business Investment Opportunities in Bentonite (Quarrying, Processing & Exporting). Profitable Business Ideas in Clay and Minerals Industry

 

Bentonite is the commercial name of a whole range of natural clays with a high water absorption capacity causing it to expand and swell. Bentonite predominantly consists of montmorillonite: a clay mineral belonging to a class of phyllosilicates called smectites. Bentonites may contain a variety of accessory minerals in addition to montmorillonite. These may include lesser amounts of other clay minerals such as kaolin, mica, illite, as well as non-clay minerals like quartz, feldspar, calcite, and gypsum. Bentonite quality, and, consequently, its applications, depend on whether it contains any of these other minerals.

Bentonite is an industrial mineral, rich in a clay mineral called montmorillonite. Bentonites used for hydraulic barriers in North America are produced from the naturally occurring sodium bentonites mined in the state of Wyoming. These bentonites have a unique cation chemistry. The cations that balance electrostatic charge in the clay structure are “exchangeable” cations and consist of sodium (Na+), calcium (Ca++), and Mg (++) cations. The largest deposits of commercial sodium bentonite are found in Wyoming, Montana and South Dakota.

Bentonite has high swelling properties along with good viscosity and liquid limit. These properties are highly valued in most of the industrial applications. Sodium bentonite is well suited as a binder in the preparation of pellets and in foundry and as oilwell drilling mud. Bentonite also acts as a suspending agent in oil-well drilling fluids and is abundantly used in horizontal drilling for shale production. Bentonite exhibits good green strength along with high hot and dry strength which helps in preventing moulds from breaking or cracking during the pouring or cooling process in the foundry industry.

Bentonite clay is also used in pyrotechnics, to make end plugs and rocket engine nozzles. Bentonite has remarkable colloidal and waterproofing properties. Bentonite gels are used as a carrier for a number of cosmetic preparations, toothpastes, creams, etc. Bentonite is also used in Chemical, Rubber, Insecticide & Pesticide Industries and in civil construction works.

Uses & Application:

·         It is used as of fillers earth.

·         It is used as emulsifiers for oils.

·         Refining of Vegetable oils

·         Refining of Non Edible Oils Like

·         Refining of Mineral Oil Like

·         Refining of Animal Fats

·         Refining of Hydrogen

·         It is used as a base for plaster.

·         It is used as pharmaceuticals aids.

·         It is used as bonding agent in foundry sands and pelletizing of iron ores.

·         It is used as sealant for canals wall.

·         It is used for thickness in lubricating grease and fire proofing compositions.

·         It is used in the cosmetics.

·         It is used as fillers in ceramics, refractories, paper coating.

·         It is used as asphalt modifiers.

The significant growth in the foundry and metal casting industries has had the most significant influence on the global market for bentonite. The rise in the automotive and the machinery and heavy equipment manufacturing industries has been boosting the demand for foundry and metal casting applications across the world. As bentonite is extensively utilized in these applications, a subsequent increase in its demand has been observed since the past few years, reflecting greatly on the progress of this market.

The global market for bentonite offered an opportunity worth US$1.42 bn in 2015. Researchers anticipate it to rise at a CAGR of 3.0% from 2016 to 2024 and reach a value of US$1.85 bn by the end of 2024.

The global bentonite market is mainly influenced by the ongoing expansion in the construction industry. The increasing demand for smart infrastructure, coupled with rising expenditure in infrastructural development, has boosted the construction industry across the world, which in turn, is reflecting greatly on the sales of bentonite, as it is one of the important components used in the construction of a structure.

With continual urbanization, the demand for bentonite is anticipated to increase substantially in the near future, leading to a high growth of this market. However, the sluggish growth rate of the oil and gas industry and the declining demand for IOP grade bentonite in China may hamper the market’s progress over the next few years. Nonetheless, the surge in the cosmetics and personal care industry and the persistent demand for iron casting from the heavy equipment manufacturing and the automotive industries are projected to boost this market significantly in the years to come.

Increasing product use across industries as groundwater barriers, absorbents for pet litter and oil & grease, liquor clarifiers, and binders in iron & steel manufacturing is anticipated to propel industry growth over the next eight years.

The global bentonite market has been segmented by products into sodium, calcium and others such as aluminum and potassium. Calcium and sodium bentonite are both widely employed in drilling mud. The global sodium bentonite accounted for over 60% of the total revenue in 2015. It is an effective sealant owing to its chemical proof sealing capacity which makes it permanent, easy to install and inexpensive.

Bentonite is one of the key raw materials used in construction. It has an ability to swell and gel when dispersed in water, which is used in construction, primarily in excavation and foundation works. Rising construction industry is therefore expected to propel the bentonite market during the forecast period, owing to its use in various construction applications.

The global bentonite market is segmented on the basis of region, product type, end-use application and end-use industry. Product type is further sub-segmented into sodium, calcium and others (includes potassium and aluminum). On the basis of end-use application, the market is further sub-segmented into drilling fluid, binder, sealant, adsorbent/absorbent, clarification agent and others (includes bleaching, sprays and papermaking). On the basis of end-use industries the market is segmented into six segments namely; oil, construction, pharmaceuticals, foundry, foods and others. Key regions covered in the report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Middle East & Africa and Japan.

 

Few Indian major players are as under:

·         Ashapura Minechem Ltd.

·         Bituminex Cochin Pvt. Ltd.

·         Earth International Pvt. Ltd.

·         Gimpex Pvt. Ltd.

·         Jamipol Ltd.

·         Laviosa India Pvt. Ltd.

·         Neelkanth Rockminerals Ltd.

 

See more

https://goo.gl/iZxd2u

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Tags

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