Attapulgite Market Is Expected to Reach Usd 418.8 Million by 2020

Transparency Market
Research

Attapulgite Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 – 2020

Published Date
08-10-2014

86 Page Report

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Press Release

Attapulgite Market is Expected to Reach USD 418.8 million by
2020

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Attapulgite Market

REPORT DESCRIPTION

Transparency Market Research has published a new market report titled “Attapulgite Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the
attapulgite market was valued at USD 238.5 million in 2013 and is likely to reach USD 418.8 million by
2020, expanding at a CAGR of 8.3% during the forecast period from 2014 to 2020. In terms of volume, the
global demand for attapulgite stood at 1,391.8 kilo tons in 2013.
Increase in oil rig drilling activities, growth of the healthcare industry and rise in construction activities are
some of the key factors driving demand for attapulgite. Attapulgite is widely used in offshore oil and gas
drilling activities, especially in North America, as the mineral swells and forms gel structures in salt water.
Additionally, rising demand for innovative cat litter absorbents is expected to fuel market growth during
the forecast period. Cat litter absorbent manufactured using attapulgite clay effectively absorbs urine as it
passes through the mineral layer, leaving a clean surface for the next use. However, stringent mining
regulations, especially in the U.S., are likely to hamper the overall growth of the market. Nonetheless, use
of attapulgite in novel applications such as cosmetics, chemicals and paper is anticipated to offer new
opportunities for market growth.
Browse the full Attapulgite (Colloidal and Sorptive) Market for Cat Litter...