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

Attapulgite (palygorskite) offers unique properties such as high surface area and resistance to higher concentration of electrolytes. Increasing drilling activities and growing demand for cat litter absorbents are likely to be the key factors propelling Asia Pacific attapulgite market size by 2024.

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

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  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 country’s pet industry is likely to witness a substantial growth in the next seven years. • Some significant industry participants include: Ashapura Group, Manek Group, XuyiBotu 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 @ https://bit.ly/2Qvi4BM Request for a Sample of this Research Report @ https://bit.ly/2Quse5l ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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