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Published Date: 2014-10-08Number of Pages: 86

Attapulgite (Colloidal and Sorptive) Market for Cat Litter Absorbent, Oil & Gas, Agriculture, Paints & Coatings, Medical & Pharmaceutical and Other End-use Industries - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Global Attapulgite Market: Snapshot

The global attapulgite market is foretold to gain traction because of its high surface area, resistance to higher concentration of electrolytes, and other distinct colloidal properties and also high porosity. Classified into different grades, attapulgite finds applications in various end-use sectors such as chemical, paper, cosmetics, medical and pharmaceutical, cat litter, oil and gas, and paints and coatings. The unique colloidal and sorptive properties of attapulgite are studied to be supported by its three-dimensional chain structures. Colloidal grade attapulgite is used in a broad scope of binding, suspension, and reinforcement applications in suspension fertilizers, animal feed, liquid detergents, liquid pesticides, drilling mud, caulks, sealants, and adhesives.

According to expert market intelligence, the global attapulgite market could earn around US$418.8 mn by 2020.

Oil and Gas and Cat Litter Absorbents Dominate Most Applications

The world attapulgite market had witnessed the dominance of two end-use applications, viz. oil and gas and cat litter absorbent, in the recent past. In terms of volume, these two markets have offered some of the most promising opportunities in the world attapulgite market. During the forecast period 2014–2020, the attapulgite market for cat litter absorbent is expected to record an augmented growth rate on the back of the introduction of novel products that speedily congeal after soiling, neutralize foul odor, and possess eco-friendly properties. Most importantly, the quick absorption of disagreeable odor and cat litter facilitated with the use of attapulgite in the manufacture of cat litter absorbents is anticipated to augur well for the market.

On account of rising drilling activities across the globe, the world attapulgite market is prophesied to gain a strong impetus from the success of the oil and gas industry. The medical and pharmaceutical sector that could be ranked second to oil and gas in terms of faster growth is envisaged to attract demand while riding on the growing consumer preference for natural medicines over synthetic products. Furthermore, the manufacture of water-sensitive films that invites the application of attapulgite as a replacement for conventional organic thickeners could fortify the growth of the world attapulgite market.

North America Clings to Larger Share whereas Asia Pacific Takes Faster Route

Having secured a telling share in the international attapulgite market in the past, North America is prognosticated to continue exhibiting supremacy in the coming years. This could be due to the presence of abundant deposits of fuller’s earth rich in attapulgite. The employment of attapulgite and other natural products in North America is envisioned to be favored by tight environmental restrictions enforced on the usage of synthetic chemicals.

One of the sole applications of attapulgite is the suspension of oil and grease in drilling activities on oil and gas and construction sites. It is engaged for drilling mud that bears a higher salinity than that of seawater. The U.S. could be a larger producer in the North America attapulgite market owing to the presence of colossal mineral reserves. However, in the near future, the growth of the U.S. attapulgite market is projected to be affected by strict mining regulations. Nonetheless, new avenues could take birth in the country with the increase in demand in a variety of end-use sectors.

With the rise in drilling and construction activities because of rapid industrialization, Asia Pacific is forecasted to attract attention by growing at a faster rate in the international attapulgite market. Asia Pacific could bolster its growth in the international attapulgite market with the advancement of its healthcare industry.

Some of the key players that could be profiled in the global attapulgite market research report are Geohellas S.A., MinTech International, Inc., Oil-Dri Corporation of America, BASF Corporation, and Active Minerals International, LLC.

Increase in drilling activities coupled with growing demand for cat litter absorbents in developed countries is expected to drive the global attapulgite market between 2014 and 2020. Attapulgite is a naturally occurring clay mineral that belongs to the fuller’s earth family of minerals. It is a crystalline hydrated magnesium aluminosilicate that consists of three-dimensional chain structures, which gives it unique sorptive and colloidal properties. Attapulgite offers high porosity and unique properties such as resistance to higher concentration of electrolytes and high surface area. It is employed in a wide range of applications in several end-use industries such as paints & coatings, oil & gas, cat litter absorbents, medical & pharmaceuticals, cosmetics, paper and chemical. 
 
This report provides a detailed view of the global attapulgite market, considering 2013 as the base year. It provides forecast for the global attapulgite market from 2014 to 2020. The report includes in-depth analysis of the global attapulgite market in terms of volume (Kilo Tons) and revenue (USD Million) from 2013 to 2020. It also comprises several tables and graphs that provide a detailed explanation of various facts and findings about the global attapulgite market. Various authenticated sources have been used to refine and provide a comprehensive and accurate research on the attapulgite market. Interviews with key industry leaders were conducted along with secondary research during the course of the study. Various governmental regulations and their effects on the attapulgite market were studied in detail. 
 
The report also provides key drivers and restraints, and their impact on the global attapulgite market during the forecast period. It highlights new avenues for key industry participants in the attapulgite market. The report also helps understand business strategies of leading companies in the market. Furthermore, it provides market attractiveness analysis of various end-use industries to help understand the potential of attapulgite in the near future.
 
The study segments the attapulgite market based on products such as colloidal grade (gelling grade) and sorptive grade (non-colloidal sorbent grade) attapulgite. It also segments the market based on end-use industries such as cat litter absorbent, oil & gas, agriculture, paints & coatings, medical & pharmaceutical, and others. Each product and end-use industry is further studied based on the regional demand from 2013 to 2020. The report includes analysis of major geographical regions: North America, Europe, Asia Pacific and Rest of the World.
 
The report uses analytical tools such as the Porter’s five forces model to provide a detailed view of the competition in the overall attapulgite market. Porter’s five forces model provides in-depth analysis of the impact of buyers, new entrants, suppliers, substitutes and degree of competition in the global attapulgite market. The report also includes value chain analysis, which provides information by studying the various components of the attapulgite market. Value chain analysis offers the degree of integration exhibited by the leading companies in the market. Major raw material manufacturers and suppliers are identified using this tool. Major supply agreements signed among companies are also mentioned in detail in the report. Value chain analysis provides information of the distribution channels employed by major players in the market.
 
The study includes profiles of major market participants such as Active Minerals International, LLC, BASF Corporation, Oil-Dri Corporation of America, MinTech International, Inc., Geohellas S.A., Gunjan Minerals Pvt. Ltd., Ashapura Group, KPL International Limited, Manek Minerals, Ashwa Minerals Private Limited and Gujarat Minechem. Company profiles comprise attributes such as company overview, financial overview, business strategies, SWOT analysis and recent developments. These could help companies formulate appropriate strategies to achieve competitive advantage and expand their market share. 
 
The market has been segmented as below:
 
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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