Report Code: A15506 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Attapulgite Market
Request Now !Attapulgite is a clay mineral consisting of magnesium-aluminum silicate. It has a specialized laminated chain composition with crystalline lattice displacement and is normally available in colloidal and sorptive grade variants. It has a advanced water absorption capacity and is used to manufacture pharmaceutical drugs and anti-diarrhea medicines to take away acids and toxic substances in the stomach and digestive track. It is also used for purification of, vegetable and mineral oils and as a carrier for insecticides and fungicides. As a result, attapulgite finds large applications across assorted industries, including medical, chemical, cosmetic, oil and gas and paper.
COVID-19 Impact analysis
Top Impacting Factors
The global attapulgite market is driven by many factors that are supplementing the demand growth. Growth in drilling activities all around the world due to increasing construction and oil & gas industries will massively benefit the market of attapulgite. Its fantastic suspending qualities finds usage in salt infected mud for offshore drilling activities. It is used to trim down the slurry weight and increase the slurry volume. Nevertheless, rigorous mining laws in the U.S. added with environmental norms, land policies, waste disposal, and substance toxicities are few of the component that may limit the growth of the market during forecast time.
Attapulgite supported suspending agent is hugely compatible with slurries with flake-type materials, granular and fibrous. Colloidal grade attapulgite is most commonly used in suspension, binding, and support applications in sealants, drilling muds, liquid detergents, suspension fertilizers, liquid pesticides, caulks, animal feed, and adhesives, which will further boost the demand of the attapulgite market.
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Attapulgite Market Report Highlights
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Key Market Players | MYTA a SAMCA Group Company, Hudson Resources Ltd., Tolsa, Sepiolsa, Oil-Dri, Active Minerals International LLC, Active Minerals, BASF SE, Geohellas, Sun Silicates (Pty) Ltd. |
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