Asia Pacific Attapulgite Market size may exceed USD 180 mn by 2024 - PowerPoint PPT Presentation

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Asia Pacific Attapulgite Market size may exceed USD 180 mn by 2024

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Attapulgite market will be highly driven by the growing demand for binding, suspending and stabilizing agents in agricultural sector across the Asia Pacific region by 2024. The product is extensively used in agricultural sector as binding agent for fertilizers, as a carrier in wettable granules for agrochemicals such as herbicides and pesticides. Huge agrarian economies in this region such as India, China and Indonesia will generate notable market for attapulgite-based agrochemicals in future years. – PowerPoint PPT presentation

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Title: Asia Pacific Attapulgite Market size may exceed USD 180 mn by 2024


1

Asia Pacific Attapulgite Market to cross USD 180
mn by 2024 Graphical Research
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2

Key Insights from Asia Pacific Attapulgite
Market
  • Graphical Research says, Asia Pacific Attapulgite
    Market to cross USD 180mn by 2024
  • Huge agrarian economies in this region such as
    India, China and Indonesia will generate notable
    market for attapulgite-based agrochemicals in
    future years.
  • Attapulgite (palygorskite) has exceptional
    absorption qualities and can absorb up to 200 of
    its own weight in water owing to its porous
    structure, lesser density and laminar granules.
  • The product features including quick
    solidification after wetting, removal of foul
    smell and the prevention of bacterial growth
    makes it an ideal raw material to manufacture pet
    litter absorbents, especially for indoor animals
    such as cats and dogs.
  • The product helps to restrict the bacteria growth
    with the help of antibacterial agents and also
    reduce the dust content. These factors will
    strongly support palygorskite market growth in
    forecast timeframe
  • Colloidal grade will grow with a CAGR exceeding
    10 over the forecast period.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Continued...
  • Cat litter absorbents segment led Asia Pacific
    attapulgite market with a substantial share above
    30 in 2017.
  • China is reportedly the second-ranking country in
    terms of cat ownership and the countrys pet
    industry is likely to witness a substantial
    growth in the next seven years.
  • Some significant industry participants include
    Ashapura Group, Manek Group, Xuyi Botu
    Attapulgite, MinTech International, Jaxon
    Filtration, etc. These small and medium
    contributors accounted for over 25 of the
    overall attapulgite market in 2017.
  • Discovery of vast reserves of palygorskite in
    Xuyi province in China with 890 million tons
    followed by the government efforts to exploit it,
    Asia Pacific Attapulgite market will witness
    robust potential by 2024.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4

Browse Full Market Research Report On Asia
Pacific Attapulgite Market _at_ https//bit.ly/2Qvi
4BM Request for a Sample of this Research
Report _at_ https//bit.ly/2Quse5l
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5

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