In 2023, Bentonite sold or used for waterproofing and sealing in the US stood at 62.08 thousand metric tons. The year-on-year variation for 2022 was -8.72%, followed by -9.36% in 2023. Over the past five years, the compound annual growth rate (CAGR) was -8.25%. Since 2013, the market has shown a consistent declining trend, with fluctuations in yearly growth leading to an overall average decline.
Future trends to watch for include continuing reductions in volume, driven by factors such as decreased construction activities, emergence of alternative materials, and potential regulatory limitations affecting the use of Bentonite.
