Cosmetic Grade Bentonite Market Size, Share, Growth, And Industry Analysis, By Type (Sodium Bentonite, Calcium Bentonite), By Application (Facial Mask, Creams and Lotions, Acne Treatments and others), Regional Forecast To 2031

Updated On: 08 April 2024

COSMETIC GRADE BENTONITE MARKET REPORT OVERVIEW

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global cosmetic grade bentonite market size was USD 47.67 million in 2021 and market is projected to touch USD 104 Million By 2031, exhibiting a CAGR of 8.14% during the forecast period.

Bentonite is a type of clay that is used in cosmetics and personal care products. It can absorb oil and other impurities from skin and make it glow. Therefore, it is mostly used as a popular ingredient in products such as facial masks, protective creams, calamine lotion, anti-irritants, wet compresses and more. Further, the offered range of cosmetic Bentonite Clay is used in medicines as an antidote in heavy metal poisoning.

Growing awareness among consumers regarding the harmful effect of chemicals in personal care beauty products has led to increase in demand for natural and organic cosmetic products. Increasing popularity of DIY skincare recipes has further helped to boost the demand for cosmetic grade bentonite.

COVID-19 Impact: Pandemic Hampered The Demand for Cosmetic Grade Bentonite

COVID-19 pandemic led to supply chain disruptions in the whole world. Manufacturing companies closed all their operations and many companies were shut down until reopening instructions received from the government authorities. In addition, due to reduction in laborforce as a result of social distancing norms, the entire industry witnessed significant decrease in the production. Lockdown measures led to a temporary prohibition on production and processing, as well as import and export, across a range of businesses and electrical utilities, which reduced the demand for cosmetic products from these customers.

Latest Trends

"Increasing Demand for Natural Cosmetic Products to Fuel Market Growth"

The cosmetic grade bentonite market growth can be attributed to various factors such as the increasing demand for natural and organic products, rising awareness about the benefits of bentonite clay, and the growing popularity of DIY skincare recipes. In addition, the growing pharmaceutical industry, rising healthcare expenditures, and introduction of new product lines by key industry players is also expected to boost the growth of market during the forecast period.

COSMETIC GRADE BENTONITE MARKET SEGMENTATION

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• By Type Analysis

According to type, the market can be segmented into Sodium BentoniteCalcium Bentonite.

• By Application Analysis

Based on application, the market can be divided into Facial Mask,Creams and Lotions, Acne Treatments and Others. Facial mask is the largest segment in terms of application.

Driving Factors

"Increasing Demand for Natural Cosmetic Products to Boost Market Growth"

Growing awareness among consumers regarding harmful impact of use of chemicals in skincare products will help to stimulate market growth. Bentonite is very useful for sufferers of acne. The antibacterial and anti-inflammatory properties help to heal the skin. The clay can help to remove sebum, or oil, from the skin's surface, and it may also help to calm inflamed breakouts. Bentonite clay helps to reduce pimple and skin inflammation issues. As a surfactant, it can make skincare products appear less oily for oily skin. All these benefits of bentonite clay is making it a popular ingredients in skincare cosmetic industry.

"Rapid technological advancements to stimulate market demand"

Extraction of bentonite clay requires good quality drilling machines. With the growth of modern economies, rapid technological advancement has attributed in the adoption of new drilling and mining techniques that helps in the extraction of bentonite clay more economically. This has increased the production further accelerating the market demand.

Restraining Factors

"Government Regulations May Hamper Market Growth"

As the bentonite market is growing, key industry players in the market are coming up with new ideas and technologies to capture market share. They are offering variety of new products to attract consumers. Government regulations such as the Safe Drinking Water Act enacted by the U.S. on chemical additives that are used with bentonite in drilling mud is anticipated to restrict the  growth of market .

COSMETIC GRADE BENTONITE MARKET REGIONAL INSIGHTS 

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"Growing Demand in Asia-Pacific Anticipated to Boost Market Expansion "

The market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa (MEA). As lots of cosmetics and personal products are produced and consumed in Asia, Asia-Pacific is the largest consumer of cosmetic grade bentonite. Europe holds the second largest position in cosmetic grade bentonite market share. The main element anticipated to contribute to the industry growth is the increasing shift of consumers from chemical based products towards natural products.

Key Industry Players

"Adoption Innovative Strategies by Key Players Influencing Market Development "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. The top key players in the market are Minerals Technologies (Amcol), Swell Well Minechem, Ningcheng Tianyu, RT Vanderbilt Company, HOJUN, Huawei Bentonite and others. Minerals Technologies (Amcol) is the largest player of cosmetic grade bentonite. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, innovations, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players further stimulates the demand.

List of Market Players Profiled

• Swell Well Minechem
• Ningcheng Tianyu
• Minerals Technologies(Amcol)
• RT Vanderbilt Company
• HOJUN
• Huawei Bentonite
• Inner Mongolia Longqing Bentonite Technology
• Ashapura
• Neelkanth Minechem
• Kunimine Industries
• Fenghong New Material
• Laviosa Minerals SpA
• Bentonite Performance Minerals LLC (BPM)

Report Coverage

This report examines an understanding of the cosmetic grade bentonite market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.